RMSI Subsidiary definition

RMSI Subsidiary or "RMSI Subsidiaries" means when used with respect to any party means any corporation, partnership, joint venture, business trust or other entity, of which such party directly or indirectly owns or controls at least a majority of the securities or other interests having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions with respect to such corporation or other organization or a majority of the economic interest in such entity.
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Examples of RMSI Subsidiary in a sentence

  • Neither RMSI nor any RMSI Subsidiary has received any notice of any material real estate tax deficiency or assessment which has not been satisfied or is aware of any proposed material deficiency, claim or assessment with respect to any of the Real Property, or any pending or threatened condemnation thereof.

  • Except as set forth in Section 3.1(b) of the RMSI Disclosure Letter, all of the outstanding shares of capital stock of, or partnership or other equity interests in, each RMSI Subsidiary are owned beneficially and of record by RMSI free of any lien, restriction or encumbrance and such shares, partnership interests or other equity interests have been duly and validly issued and are outstanding, fully paid and non-assessable.

  • To the best of RMSI's knowledge, neither RMSI nor any RMSI Subsidiary has received any notice from any governmental authority of any violation of any law, ordinance, regulation, license, permit or authorization issued with respect to any Real Property and no such violation exists, in either case, which could reasonably be expected to have a RMSI Material Adverse Effect.

  • In connection with the Closing, RMSI and each RMSI Subsidiary shall use its reasonable best efforts to deliver to Xxxxxxx such deeds, bills of sale, assignments, certificates, affidavits, indemnities and other agreements and documents as are reasonably required to effectuate consummation of the transactions described herein.

  • To the best of RMSI's knowledge, neither ----------------------- RMSI nor any RMSI Subsidiary has received any notice from any governmental authority of any violation of any law, ordinance, regulation, license, permit or authorization issued with respect to any Real Property and no such violation exists, in either case, which could reasonably be expected to have a RMSI Material Adverse Effect.

  • Except as disclosed in Section 3.14 of the RMSI Disclosure Letter, neither RMSI nor any RMSI Subsidiary has entered into any contract, arrangement or understanding with any person or firm which may result in the obligation of such entity, RMSI or Merkxxx xx pay any finder's fees, brokerage or agent's commissions, advisory fee or other like payments relating to or in connection with the negotiations leading to this Agreement or the consummation of the transactions contemplated hereby.

  • Except as disclosed in Section 3.14 of the RMSI ---------- Disclosure Letter, neither RMSI nor any RMSI Subsidiary has entered into any contract, arrangement or understanding with any person or firm which may result in the obligation of such entity, RMSI or Xxxxxxx to pay any finder's fees, brokerage or agent's commissions, advisory fee or other like payments relating to or in connection with the negotiations leading to this Agreement or the consummation of the transactions contemplated hereby.

  • Except as disclosed in Section 3.14 of the RMSI Disclosure Letter, neither RMSI nor any RMSI Subsidiary has entered into any contract, arrangement or understanding with any person or firm which may result in the obligation of such entity, RMSI or Xxxxxxx to pay any finder's fees, brokerage or agent's commissions, advisory fee or other like payments relating to or in connection with the negotiations leading to this Agreement or the consummation of the transactions contemplated hereby.

  • In connection with the Closing, RMSI and each RMSI Subsidiary shall use its reasonable best efforts to deliver to Merkxxx xxxh deeds, bills of sale, assignments, certificates, affidavits, indemnities and other agreements and documents as are reasonably required to effectuate consummation of the transactions described herein.

Related to RMSI Subsidiary

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Parent Subsidiary means any Subsidiary of Parent.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

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

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Bank Subsidiary means the subsidiary or subsidiaries of the Bank which may from time to time be specified by the Bank to the Customer;

  • 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”.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Subsidiary Entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • Company Subsidiary means any Subsidiary of the Company.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Major Subsidiary means any Subsidiary (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of business in, the United States or any political subdivision thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political subdivision thereof, or Switzerland, Norway or Australia or any of their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • PRC Subsidiary means any Subsidiary of the Company organized under the Laws of the PRC.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.