Parent Company definition

Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

Parent Company means any company which is the ultimate Holding Company of the Supplier and which is either responsible directly or indirectly for the business activities of the Supplier or which is engaged by the same or similar business to the Supplier. The term "Holding or Parent Company" shall have the meaning ascribed by the Companies Act 2006 or any statutory re-enactment or amendment thereto;

Parent Company has the meaning given in Clause 1.4;

Examples of Parent Company in a sentence

• If the Agreement is assigned by Owner to the EPC Contractor, the EPC Contractor (in its capacity as Buyer) will provide a Buyer Parent Company Guarantee substantially in the form of Appendix D (Form of Buyer Parent Company Guarantee) issued by the EPC Contractor’s parent company in favor of Seller and up to an amount equal to the Contract Price, which Buyer Parent Company Guarantee shall remain valid until receipt by Seller of the final payment of the Contract Price.

• Within thirty (30) Days of the Effective Date, Buyer will provide a Buyer Parent Company Guarantee substantially in the form of Appendix D (Form of Buyer Parent Company Guarantee) issued by Buyer’s parent company in favor of Seller and covering Buyer’s payment obligations under the Agreement.

• The initial Buyer Parent Company Guarantee shall remain valid until the earlier of (i) the assignment of the Agreement to the EPC Contractor in accordance with Clause 4 or (ii) Financial Closing, at which time the Buyer Parent Company Guarantee shall be of no further force and effect and Seller shall return the original Buyer Parent Company Guarantee to Buyer.

• Within thirty (30) Days of the Effective Date the Agreement, Seller shall provide a Seller Parent Company Guarantee substantially in the form of Appendix H (Form of Seller Parent Company Guarantee) issued by Seller’s Guarantor in favor of Buyer and covering Seller’s obligations under the Agreement.

• Pursuant to Clause 7.8 of the Original Purchase Order, Xxxxx provided the Buyer Parent Company Guarantee to Seller.

More Definitions of Parent Company

Parent Company means a company or other entity which as a result of a Company Transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries.

Parent Company means any Person of which the Borrower is a direct or indirect Wholly-Owned Subsidiary.

Parent Company means a Company that holds at least twenty six percent (26%) of the paid - up equity capital directly or indirectly in the Bidding Company or in the Member in a Bidding Consortium, as the case may be;

Parent Company means, with respect to a Lender, the bank holding company (as defined in Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

Parent Company means an entity that holds at least twenty six percent (26%) of the paid - up equity capital directly or indirectly in the Bidding Company or in the Member in a Bidding Consortium, as the case may be;

Parent Company means (a) Holdings and (b) any other Person or group of Persons that are Affiliates of the Sponsor (but in any event not any portfolio company of the Sponsor), of which the Borrower is an indirect Subsidiary.

Parent Company means: