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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Related to Parent-subsidiary relationship

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

  • 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.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • 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—