Trading Subsidiary definition

Trading Subsidiary means a corporation, limited partnership, limited liability company, trust or similar vehicle organized by the Investment Manager to be owned, directly or indirectly, in whole or in part, by the Partnership the purpose of which is to engage in any activity in which the Partnership may engage.
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Trading Subsidiary has the meaning assigned to such term in Section 6.03(c).
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Trading Subsidiary means any Wholly-Owned Restricted Subsidiary which, at the time of any determination thereof, is the assignee of the rights of the Company under the Crude Supply Agreement and/or the Supplemental Crude Supply Agreement. The Trading Subsidiary on the date hereof is CIVESCO.
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Examples of Trading Subsidiary in a sentence

  • The PCC is the sole shareholder in a Trading Subsidiary – St John’s Hoxton Management Company Ltd.

  • The Financial assets of the Trading Subsidiary will be the responsibility of the Directors and Company Secretary (Head of Finance).

  • This requirement is set out on Appendix 1 of the SFX Trading Subsidiary handbook (Version 9) June 2016.

  • The Trading Subsidiary will be subject to internal and external audit requirements.

  • The Trading Subsidiary is registered with the Information Commission and governed by the existing College Data Protection Policy which is updated on an annual basis.

  • As a company limited by share the Trading Subsidiary will also comply with specific audit and financial requirements relating to the Companies Act 2006 and UK/European law.

  • It should be noted however that the Directors of the Trading Subsidiary reserve the right to amend the Travel and Subsistence policy within year following further review.

  • Responsibility for ensuring that the Trading Subsidiary has a robust system of internal controls will rest with the Directors and Company Secretary, and ‘audit assurance’ and ‘risk’ considerations will be considered as part of the overall College strategy.

  • These consolidated financial statements relate only to this Segregated Account and its Trading Subsidiary.

  • Financial returns will be authorised by Directors and provided by the Company Secretary to Companies House within 9 months of the year end.Retention of Records The Company Secretary (Head of Finance) is responsible for ensuring the retention and availability of the financial records of the Trading Subsidiary in accordance with legal and audit requirements.


More Definitions of Trading Subsidiary

Trading Subsidiary means a wholly-owned subsidiary of the Company through which dealings in investments for the account of a particular Class of Share are conducted and the issued share capital of which is recorded by the Company as an asset of the relevant Class of Share, and ‘Trading Subsidiaries’ shall be construed accordingly.
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Trading Subsidiary means a company limited by shares which has been newly established as the subsidiary of the CIO.
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Trading Subsidiary has the meaning given to it in Recitals; 520140-4-25-v7.1 03-40603029 XXXXXXXX CHANCEDEUTSCHLAND LLP
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Related to Trading Subsidiary

  • Qualifying Subsidiary means any Subsidiary of the Company that (i) is not the Issuer or an Initial Guarantor, and (ii) at the relevant time of determination, is not a Joint Venture Company, a Project Company, a Local Operating Company, a Bidding Company or a Holding Vehicle.

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

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

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • 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.

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

  • 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.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Participating Subsidiary means a Subsidiary which has been designated by the Administrator as covered by the Plan.

  • Securitization Subsidiary means any Subsidiary in each case formed for the purpose of and that solely engages in one or more Qualified Securitization Financings and other activities reasonably related thereto.

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • 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.

  • Joint Venture Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • Regulated Subsidiary means a Broker Dealer Regulated Subsidiary, a Bank Regulated Subsidiary or an Insurance Regulated Subsidiary or any other Subsidiary subject to minimum capital requirements or other similar material regulatory requirements imposed by applicable regulatory authorities.

  • Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.

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

  • 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.

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Receivables Subsidiary means any Subsidiary formed solely for the purpose of engaging, and that engages only, in one or more Receivables Facilities.

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

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Dormant Subsidiary means a Subsidiary that owns assets in an amount equal to no more than $5,000,000 or is dormant or otherwise inactive.