Parent-subsidiary relationship definition

Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.
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Parent-subsidiary relationship means a relationship that exists when one corporation directly or
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Parent-subsidiary relationship means “a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.” See State and Local Government Conflict of Interests Act, VA. Code § 2.2-3101.
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More Definitions of Parent-subsidiary relationship

Parent-subsidiary relationship means a relationship that exists when one
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is a holding entity or ultimate holding entity of another resident entity; a subsidiary of another resident entity; or a subsidiary of a non-resident entity, where the ultimate holding entity is a resident entity.
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is –
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is a holding entity or ultimate holding entity of another resident entity; a subsidiary of another resident entity; or a subsidiary of a non-resident entity, where the ultimate holding entity is a resident entity.
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Parent-subsidiary relationship means direct or indirect relationship where a resident entity is –
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Related to Parent-subsidiary relationship

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Federally related transaction means any real estate related

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • Dating relationship means frequent, intimate associations primarily characterized by the expectation of affectional involvement. Dating relationship does not include a casual relationship or an ordinary fraternization between 2 individuals in a business or social context.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.