Target Subsidiaries definition

Target Subsidiaries means the Subsidiaries of Target set forth on Section 11.1(a) of the Target Disclosure Memorandum and any corporation, bank, savings association, statutory trust, limited liability company or other organization acquired as a Subsidiary of Target in the future and held as a Subsidiary by Target at the Effective Time.

Target Subsidiaries means the Subsidiaries of Target, which shall include the Target Subsidiaries described in Section 4.4 of this Agreement and any Person acquired as a Subsidiary of Target in the future and owned by Target at the Effective Time.

Target Subsidiaries means any Person in which the Target, 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 each of the foregoing, is individually referred to herein as a “Target Subsidiary.” The Target Subsidiaries and the Subsidiaries are collectively referred to herein as the “BC Subsidiaries”, and together with the BC Parties, the “BC Entities”.

Examples of Target Subsidiaries in a sentence

• Each of the Target and each of its Target Subsidiaries is duly qualified as a foreign entity to do business and is in good standing in every jurisdiction in which its ownership of property or the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not reasonably be expected to have a Target Material Adverse Effect (as defined below).

• The Target and its Target Subsidiaries have at all times made all disclosures to users or customers required by applicable laws and regulatory rules or requirements, and none of such disclosures made or contained in any Policy have, to the knowledge of the Target, been inaccurate or in violation of any applicable laws and regulatory rules or requirements in any material respect.

• The Target and its Target Subsidiaries have implemented and maintained commercially reasonable physical, technical and administrative controls, policies, procedures, and safeguards to maintain and protect their material confidential information and the integrity, continuous operation, redundancy and security of all IT Systems and data, including “Personal Data,” used in connection with their businesses.

• There is no transaction, arrangement, or other relationship between the Target or any of its Target Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Target in its Target Financial Statements and is not so disclosed or that otherwise could be reasonably likely to have a Target Material Adverse Effect.

• No event, liability, development or circumstance has occurred or exists, or is reasonably expected to exist or occur with respect to the Target, any of its Target Subsidiaries or any of their respective businesses, properties, liabilities, prospects, operations (including results thereof) or condition (financial or otherwise), that (i) could have a material adverse effect on any Buyer’s investment hereunder or (ii) could have a Target Material Adverse Effect.

More Definitions of Target Subsidiaries

Target Subsidiaries means all of the Subsidiaries of Target.

Target Subsidiaries means each Subsidiary of the Target.

Target Subsidiaries means the Subsidiaries of Target, which shall include the Target Subsidiaries described in Section 5.4 and any corporation or other organization acquired as a Subsidiary of Target in the future and held as a Subsidiary by Target at the Effective Time.

Target Subsidiaries means, collectively, those subsidiaries of Target listed in Schedule (E) of the Target Disclosure Letter;

Target Subsidiaries means Tredegar Personal Care, TFP U.S., Tredegar Netherlands and Tredegar Hungary, and each, a “Target Subsidiary.”

Target Subsidiaries means any Person of which a majority of the outstanding share capital, voting securities or other equity interests are owned, directly or indirectly, by the Target. For purposes of this Agreement, the Target Subsidiaries shall include any joint venture in which the Target holds, directly or indirectly, at least a fifty percent (50%) interest, including Suzhou Tai De Hotel Management Co. Ltd. ( ).

Target Subsidiaries means the respective Subsidiaries of HB Partners and the RHA Companies as of Closing.