Subsidiary Corporation definition

Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.
Subsidiary Corporation means a corporation other than the Company in an unbroken chain of corporations beginning with the Company if, at the time of granting the Option, each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.
Subsidiary Corporation means any Subsidiary Corporation as defined in Section 424(f) of the IRC.

Examples of Subsidiary Corporation in a sentence

  • The audit shall be an audit of the actual entity, or distinct portion thereof that is the Contractor, and not of a parent, member, or Subsidiary Corporation of the Contractor, except to the extent such an expanded audit may be determined by the Board to be in the best interests of the Board.


More Definitions of Subsidiary Corporation

Subsidiary Corporation means a subsidiary municipal health facilities corporation incorporated under this act. The term includes a restructured subsidiary corporation.
Subsidiary Corporation means any corporation (other than the Company) in an unbroken chain of corporations beginning with the employer corporation if, at the time of granting an Option, each of the corporations other than the last corporation in the unbroken chain owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain.
Subsidiary Corporation means any corporation (other than the Employer Corporation) in an unbroken chain of corporations beginning with the Employer Corporation if, at the Date of Grant, each of the corporations other than the last corporation in the unbroken chain owns stock (or shares) possessing 50% or more of the total combined voting power of all classes of stock (or shares) in one of the other corporations in such chain;
Subsidiary Corporation means any corporation in the unbroken chain of corporations starting with the employer corporation, where, at each link of the chain, the corporation and the link above owns at least 50 percent of the combined voting power of all classes of stock in the corporation below.
Subsidiary Corporation means any corporation at least eighty percent of the voting stock of which is held beneficially by this corporation.
Subsidiary Corporation means a “subsidiary corporation” of the Company within the meaning of Code Section 424(f).
Subsidiary Corporation means “subsidiary corporation” as defined in Section 424(f) of the US Code;