Independent Division definition

Independent Division means any division of the Company or any Subsidiary which is organized or operated pursuant to an agreement with any other Person or Persons which grants such Person or Persons an ownership interest in or other claim to the assets, revenue or value of such Division.
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Examples of Independent Division in a sentence

  • Schedule 2.04 sets forth each Subsidiary and each Independent Division, showing the jurisdiction of the incorporation or organization of each Subsidiary and showing the percentage of each Person's ownership of the outstanding stock or other interests of each such Subsidiary or Independent Division.

  • Except as set forth herein, neither the Company nor any Subsidiary is a party to, nor has any knowledge of, any agreement restricting the voting or transfer of any shares of the capital stock of any Subsidiary or similar ownership interests of any Independent Division.

  • Page 61 specifies the numberof schools only.2. Doubts concerning the name and object of activity of the Independent Division for the Protection of Foreigners’ and National Minorities’ Rights in the Office of Ombudsman.

  • Foreigners and national minorities issues do not coincide.Agreeing that the foreigners and national minorities issues do not coincide, we should point at the very positive role played by the Independent Division for the Protection of Foreigners’ and National Minorities’ Rightsin the Office of Ombudsman, justifying its inclusion in the Report.

  • In 2011, OpenEMR was deemed Meaningful Use Certified for use in the United States by ICSA (International Computer Security Association) Labs which is an Independent Division of Verizon Business [17].

  • In the event there are not enough teams to form a separate Greek League in a designated team, tournament, or individual/dual sport, a Greek organization may earn participation points for regular season participation by registering a team in the most competitive Independent Division.

  • The Food Authority consists of:- Independent Division for Control over the Market with Food- Food Production and Legislation Department- Food Safety and Enviromentally Friendly Technique Department- Trade and international cooperation department Independent Division for Control over the Market with Food – is responsible for coordination, management and giving direction to official controls over market with food.

  • Kayla will compete in the Global Issues, Independent Division and the Freehold borough Education Foundation will be donating $1000.00 for Kayla to attend.▪ We will be forming a District Advisory Committee to select a teacher evaluation system after Spring Recess.

  • In addition, the counseling includes various seminars, such as ‘Fit for exams’ or ‘Finding my own way’.▪ Student counseling for the Independent Division of Psychological and Social Medicine (exclusively for students of the Faculty of Medicine): The study of medicine and dentistry involves a wealth of challenges and some difficult situations that need to be mastered.

  • In the next level, the coordinating and management role for the implementation of the strategy has the existing Independent Division of Innovation and Entrepreneurship Support of the RCM.

Related to Independent Division

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.

  • Independent school means a school which is an efficient school within the meaning of the School Education Act 1999 and which is not administered by or on behalf of the Government of Western Australia.

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Independent Tax Counsel means a lawyer, a certified public accountant with a nationally recognized accounting firm, or a compensation consultant with a nationally recognized actuarial and benefits consulting firm with expertise in the area of executive compensation tax law, who shall be selected by the Board, and whose fees and disbursements shall be paid by the Company.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.

  • District Evaluation Advisory Committee means a group created to oversee and guide the planning and implementation of the Board of Education's evaluation policies and procedures as set forth in N.J.A.C. 6A:10-2.3.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Licensed Independent Practitioner means any individual permitted by law and by the Medical Staff and Board to provide care and services without direction or supervision, within the scope of the individual’s license and consistent with individually granted clinical privileges.

  • Independent review organization means an entity that is accredited to conduct independent external reviews of adverse benefit determinations.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Independent physician means a physician who is chosen by the resident of the assisted living facility and who has no financial interest in the assisted living facility, directly or indirectly, as an owner, officer, or employee or as an independent contractor with the residence.

  • Independent Firm has the meaning set forth in Section 10.03 of this Agreement.

  • Independent adjuster means an insurance adjuster required to be licensed under

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Issuer at its own expense.

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Independent System Operator means a person that may receive or has received, by transfer pursuant

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates.

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).