Licensed Subsidiary definition

Licensed Subsidiary means any corporation, partnership, joint venture, limited liability company or other entity recognized in any jurisdiction in the world, now or hereafter, in which Intel, ST or Newco, as the case may be, owns or controls (either directly or indirectly) any of the following:

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Licensed Subsidiary means a Subsidiary of the Company that maintains a license with the NRC.

Licensed Subsidiary means any Subsidiary of Holdings that has obtained a license or other authorization under Financial Services Laws.

Examples of Licensed Subsidiary in a sentence

Each Licensed Subsidiary will have a board of directors appointed by the Board of Directors of the Company in accordance with Section 7.9. The Board of Directors of each Licensed Subsidiary shall be appointed in accordance with Section 7.2(j).
The CEO shall be responsible, in consultation with the Chief Nuclear Officer, for appointing key executive officers at each Licensed Subsidiary, in accordance with Section 7.9. The CEO (including any successor CEO) shall be appointed by the Board of Directors and may be removed only by the Board of Directors.
Cause each Licensed Subsidiary of each Borrower to maintain its Requisite Statutory Capital at all times.
The licenses described in Section 2 shall not have any retroactive effect for those units of products that were sold by the Subsidiary prior to the date on which it becomes a Licensed Subsidiary.
Notwithstanding the foregoing, such termination shall not have any retroactive effect and the licenses granted to the Former Licensed Subsidiary under this Agreement for those units of Licensed Products previously sold or that have already been made and are in inventory which the Former Licensed Subsidiary demonstrates were made by or for the Former Licensed Subsidiary prior to the date on which it ceased to be a Licensed Subsidiary shall not be affected.
The Issuer shall not permit any Bridge to Sale Excluded Subsidiary or any Bridge to Sale Licensed Subsidiary to consummate a Bridge to Sale Third Party Transaction unless the Bridge to Sale Transaction Conditions have been satisfied.
Subsidiary under this Agreement for those units of Licensed Products previously sold or that have already been made and are in inventory which the Former Licensed Subsidiary demonstrates were made by or for the Former Licensed Subsidiary prior to the date on which it ceased to be a Licensed Subsidiary shall not be affected.
All of the Licenses issued by the FCC in connection with the ownership and operation of the Stations (including, without limitation, the Stations being acquired pursuant to the Busse Purchase Agreement and the Like-K▇▇▇ Exchange Agreement), the Porta Phone Business and the Satellite Broadcasting Business, have been, or at the closing under the Busse Purchase Agreement and the Like-▇▇▇▇ Exchange Agreement will be, duly assigned to a Licensed Subsidiary.
Notwithstanding the foregoing, such termination shall not have any retroactive effect and the licenses granted to the Former Subsidiary under this Agreement with respect to Broadcom Patents or Microtune Patents, as applicable, for those units of Licensed Products previously sold or that have already been made and are in inventory which the Former Subsidiary demonstrates were made by or for the Former Subsidiary prior to the date on which it ceased to be a Licensed Subsidiary shall not be affected.
Paion shall ensure that all Licensed Subsidiaries comply with the applicable terms and conditions of this Agreement and, subject to Clause 13.8, shall be liable for all damages suffered by La Jolla arising from any breaches of this Agreement by any Licensed Subsidiary as if such breaches arose from the acts or omissions of Paion.

More Definitions of Licensed Subsidiary

Licensed Subsidiary means any entity Controlled by Emulex, but only during the period such entity is Controlled by Emulex.

Licensed Subsidiary means any corporation, partnership (general or limited), limited liability company or joint- stock company of which IMTC owns, directly or indirectly, more than fifty percent (50%) of the voting and participating profit interests.

Licensed Subsidiary means, (a) with respect to a given Party (the “Parent”), any other Person taxed by the United States as a corporation (or, in a foreign country, taxed by the relevant jurisdiction in a similar manner as the United States taxes a corporation) where the Parent directly or indirectly owns or controls more than fifty percent (50%) of the Voting Power of such other Person; and (b) with respect to a given Parent, any other Person taxed by the United States as a partnership (or, in a foreign country, taxed by the relevant jurisdiction in a similar manner as the United States taxes a partnership) where the following conditions are met: (i) the Parent directly or indirectly owns or controls more than eighty percent (80%) of the Voting Power of such other Person and the Parent directly or indirectly has the right to participate in greater than eighty percent (80%) of the profits and/or losses of such other Person [***] CONFIDENTIAL TREATMENT REQUESTED BY MICROTUNE, INC. associated with shares, securities or other ownership interest in such Person (e.g., dividends paid or committed to be paid to shareholder base, liquidation preferences granted or paid with respect to certain classes of securities, and the like). A Person shall be deemed to be a Licensed Subsidiary under this Agreement only so long as such ownership, control, profits and/or losses exists and only so long as the Parent has not contractually or otherwise surrendered, limited, or in any other way abandoned, materially constrained, or assigned to a Third Party its authority to elect the managing authority or make decisions for the respective Person.

Licensed Subsidiary means any Subsidiary of the Issuer which holds a public electricity supply licence granted under the Electricity Ac▇ ▇▇▇▇ ▇r a distribution licence granted under Section 6(1)(c) of the Electricity Ac▇ ▇▇▇▇ ▇s amended by Section 30 of the Utilities Ac▇ ▇▇▇▇;