Key Subsidiary definition

Key Subsidiary means any direct or indirect Subsidiary (which, for the avoidance of doubt, shall only include any legal entity in which a Seller, directly or indirectly, owns greater than 50% of the outstanding Equity Interests in such legal entity) of Sellers (other than trusts) with assets (excluding any Intercompany Obligations) in excess of Two Hundred and Fifty Million Dollars ($250,000,000) as reflected on Parent’s consolidated balance sheet as of March 31, 2009 and listed on Section 1.1C of the Sellers’ Disclosure Schedule.
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Key Subsidiary means any Subsidiary whose business constitutes 20% or more of the gross revenue, operating income, EBITDA or fair market value of the assets of the Company and its Subsidiaries, taken as a whole.
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Key Subsidiary means, at the relevant time or times:
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Examples of Key Subsidiary in a sentence

  • Submittal shall clearly identify the point of contact regarding the submittal, with email and phone number listed.

  • The Company hereby acknowledges that one (1) or more of the directors nominated by the Initial Investors to serve on the board of directors of the Company or any Key Subsidiary (each a “Fund Director”) may have certain rights to indemnification, advancement of expenses and/or insurance provided by one or more of the Initial Investors and certain of their Affiliates (collectively, the “Fund Indemnitors”).

  • Key Subsidiary Companies The principal activities of the Bank’s subsidiaries namely Waldock Mackenzie Limited, Allied Properties Limited, Nations Insurance Brokers Limited, Mercantile Leasing(Financial Services) Limited are carrying out operations as a Margin Provider, property rental, insurance broking and managing and operating a lease portfolio respectively.

  • Such Strategic and Business Plan(s) of Key Subsidiary shall require approval of the respective Supervisory Board of Key Subsidiary, in accordance with this Agreement.

  • The Company or a Key Subsidiary has secured from all parties (including employees) who have created any portion of, or otherwise have any rights in or to, all Intellectual Property used by the Company or a Key Subsidiary valid and enforceable written assignments of any such work, invention, improvements or other rights to the Company or a Key Subsidiary to the extent necessary to vest valid title to such Intellectual Property in the Company or a Key Subsidiary.


More Definitions of Key Subsidiary

Key Subsidiary means, at the relevant time, each Subsidiary or such Subsidiaries where, as of the end of the then most recently completed fiscal year of the Company:
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Key Subsidiary means Trilogy REIT, HoldCo, Trilogy Healthcare Holdings, Inc., OpCo, Pro Services, Trilogy Property Holdings, LLC, PropCo I and PropCo II.
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Key Subsidiary means each of Net1 Applied Technologies South Africa Proprietary Limited, Zazoo Limited, Cash Paymaster Services Proprietary Limited, Net1 Company Finance Holdings Proprietary Limited, The Smart Life Insurance Company Limited, Prism Holdings Proprietary Limited, EasyPay Proprietary Limited, Moneyline Financial Services Proprietary Limited and KSNET Incorporated;
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Key Subsidiary means, at the relevant time or times, each Subsidiary where, as of the end of the then most recently completed fiscal year of the Company the assets of such Subsidiary account for more than ten per cent (10%) of the total consolidated assets of the Company;
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Key Subsidiary means each or any of the Key Subsidiaries separately.
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Key Subsidiary means, at any given time, any existing or future Subsidiary of the Company (whether or not wholly-owned):
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Key Subsidiary means, at the relevant time:
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