Seller Subsidiary means a Subsidiary of Seller.

Seller Subsidiary shall have the meaning set forth in ----------------- Section 13.1. ------------

Seller Subsidiary means any Subsidiary of any of the Sellers or any Subsidiary of such Subsidiary.

Examples of Seller Subsidiary in a sentence

Neither the Seller nor any Seller Subsidiary is a party to any collective bargaining agreements.
Neither Seller nor any Seller Subsidiary will have any material liability for any such taxes in excess of the amounts so paid or reserves or accruals so established.
Neither Seller nor any Seller Subsidiary has agreed to make, or is required to make, any adjustment under Section 481(a) of the Code.
There are no unexpired waivers by Seller or any Seller Subsidiary of any statute of limitations with respect to Taxes.
Neither Seller nor any Seller Subsidiary has received any communication alleging that Seller or any Seller Subsidiary is not in such compliance and, to the best knowledge of Seller, there are no present circumstances that would prevent or interfere with the continuation of such compliance.

More Definitions of Seller Subsidiary

Seller Subsidiary means any corporation, 50% or more of the capital stock of which is owned, either directly or indirectly, by Seller or Seller Bank, except any corporation the stock of which is held in the ordinary course of the lending activities of Seller Bank.

Seller Subsidiary shall include each Subsidiary (as defined in Article 1 hereof) of Seller, and each corporation, partnership, limited liability company, joint venture or other entity which Seller controls directly or indirectly (through one or more intermediaries). For purposes of the previous sentence, "control" means the possession, direct or indirect, of the power either (1) to vote fifty percent (50%) or more of the voting interests of a corporation, partnership, limited liability company, joint venture or other entity, or (2) to direct or cause the direction of the management and policies of a corporation, partnership, limited liability company, joint venture or other entity, whether by contract or otherwise.

Seller Subsidiary and “Seller Subsidiaries” — Section 3.01(a)(ii)

Seller Subsidiary shall have the meaning set forth in Section 5.8.

Seller Subsidiary and “Buyer Subsidiary” shall mean any direct or indirect Subsidiary of Seller or Buyer, respectively.

Seller Subsidiary has the meaning set forth in the Preamble.

Seller Subsidiary and “Seller Subsidiaries” — Section 3.01(a)(ii) “Seller Subsequent Determination” — Section 5.03(e)