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Subsidiary 1 definition

Subsidiary 1 has the meaning ascribed to such term in the Preamble of this Agreement.
Sample 1Sample 2
Subsidiary 1 shall have the meaning set forth in the Background Statement of this Agreement.
Sample 1
Subsidiary 1 means S2 Engineering Industry Private Limited, a company incorporated under the Companies Act, 2013 and having its registered office at Xxxx Xx 000X, XXX Xxxxxxx, Xxxxxx Xxxxx Ground Floor, Medchal, Malkajgiri Hyderabad 500055, India.
Sample 1

Examples of Subsidiary 1 in a sentence

  • ZTE INDONESIA, a Subsidiary; (1) It is agreed that the Company shall provide joint-liability guarantee in respect of the performance obligations of PT.

  • Fuller descriptions of each of these assets, including any update since the date of acquisition, may be found in their respective Form 1-U reports, which are linked in the tables below.GlenLine Controlled Subsidiary Hampton Station Controlled Subsidiary (1) Purchase Price refers to the total price paid by us for our pro rata share of the equity in the controlled subsidiary.

  • There are no outstanding obligations of any Company Subsidiary (1) restricting the transfer of, (2) affecting the voting rights of, (3) requiring the repurchase, redemption or disposition of, or containing any right of first refusal, right of first offer or similar right with respect to, (4) requiring the registration for sale of or (5) granting any preemptive or anti-dilutive rights with respect to, any shares of capital stock or other equity interests of any Company Subsidiary.

  • To Parent’s knowledge as of the date of this Agreement, there is no Effect that would reasonably be expected to prevent, materially impede or materially interfere with the consummation by Parent, Merger Subsidiary 1 or Merger Subsidiary 2 of the Combination and the Transactions.

  • Reinsurance to Captive - GEB | 3 Multinational Head Office Captive Company Subsidiary 1 Subsidiary 2 Subsidiary 3 Retrocession Agreement Local Insurance Policies Local Insurer 1 Local Insurer 2 Local Insurer 3 Reinsurance Treaties A captive is an insurance company formed by a multinational corporation to insure the risks of its own subsidiaries.

  • The Purchase Prices are presented as of the date of acquisition, and have not been subsequently updated.The following assets are owned by Fundrise SFR DEV JV 1, LLC (“Co-Investment”), a joint venture between the Company and Fundrise Real Estate Interval Fund, LLC.Carmel Villas Controlled Subsidiary Kingsland Heights Controlled Subsidiary (1) Purchase Price refers to the total price paid by us for our pro rata share of the equity in the controlled subsidiary.

  • Since the date of its incorporation, neither of Merger Subsidiary 1 nor Merger Subsidiary 2 has engaged in any activities other than in connection with or as contemplated by this Agreement.

  • Parent will take all action necessary to cause each of Merger Subsidiary 1 and Merger Subsidiary 2 to perform its obligations under this Agreement and to consummate the Combination on the terms and conditions set forth in this Agreement.

  • In order to fulfill the requirements of Section 1.3, the Company shall (a) cause each director of the Company to deliver a written resignation to the Company effective at the Effective Time and (b) cause the vacancies resulting from such resignations to be filled by Persons who are directors of Merger Subsidiary 1 immediately prior to the Effective Time.

  • Section 3.14.1 Each of the Company and each Company Subsidiary (1) is in compliance with all, and is not subject to any liability with respect to any, applicable Environmental Laws, (2) holds or has applied for all Environmental Permits necessary to conduct their current operations and (3) is in compliance with their respective Environmental Permits, except, in each case, as would not individually or in the aggregate, have a Company Material Adverse Effect.

Related to Subsidiary 1

  • Subsidiary means, with respect to any specified Person:

  • Foreign Subsidiary Holding Company means any Subsidiary of the Company which is organized under the laws of the United States of America or any State thereof or the District of Columbia, substantially all of the assets of which consist of the Capital Stock or Indebtedness of one or more Foreign Subsidiaries (or Restricted Subsidiaries thereof) and other assets relating to an ownership interest in such Capital Stock or Indebtedness.

  • Subsidiary(ies) means any other corporation, association, joint stock company, business trust, limited liability company, partnership or any other business entity of which more than fifty percent (50%) of the outstanding voting stock, share capital, membership, partnership or other interests, as the case may be, is owned either directly or indirectly by any Person or one or more of its Subsidiaries, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by any Person and/or its Subsidiaries. Unless otherwise specified to the contrary herein or the context otherwise requires, Subsidiary(ies) shall refer to the Subsidiary(ies) of the Borrower.

  • Subsidiary or Subsidiaries means any Person of which any other specified Person owns, directly or indirectly through a Subsidiary, a nominee arrangement or otherwise, at least a majority of the outstanding capital stock (or other units of beneficial interest) entitled to vote generally or otherwise have the power to elect a majority of the board of directors or similar governing body or the legal power to direct the business or policies of such Person.

  • JV Subsidiary means any Wholly-Owned Subsidiary of the Borrower that directly holds Capital Stock of a Joint Venture.

  • 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.

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

  • 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.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

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

  • Subsidiary Companies means all business entities that, at the time in question, are subsidiaries of the Company, within the meaning of section 424(f) of the Code.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary that is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

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

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

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

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Subsidiary Company means any subsidiary company within the meaning of section 7 of the Companies Act 2014 which is a wholly owned entity used by a Fund to hold assets.

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

  • Eligible Subsidiary means each Subsidiary of the Parent set forth on Exhibit A hereto, as the same may be updated from time to time with Laurus’ written consent.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Subsidiary Stock means any stock or other equity interest in any Subsidiary of the Corporation that is treated as a corporation for U.S. federal income tax purposes.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

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

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

Most Referenced Clauses

Most Referenced Definitions