Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean anySubsidiary: Any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean“Subsidiary” means any corporation or other entity, whether domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to voteforeign, in electing directors is ownedwhich the Company has or obtains, directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at leastindirectly, an interest of more than fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage. by reason of stock ownership or otherwise.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary”“Subsidiary” shall mean any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directlywhich the Company owns directly, or indirectly by the Corporation or by other Subsidiaries, provided, however, that “atthrough subsidiaries, at least fifty percent (50%)” shall replace “at of the total combined voting power of all classes of stock, or any other entity (including, but not limited to, partnerships and joint ventures) in which the Company owns at least twentyfifty percent (20%(50%)” where there is not a legitimate business criteria for using such lower percentage. of the combined equity thereof.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary”"Subsidiary" shall mean any domestica corporation (or a partnership or foreign corporation at least twenty percent (20%)other enterprise) in which the Company owns or controls, directly or indirectly, more than 50% of whosethe outstanding shares of stock normally entitled to vote in electingfor the election of directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage. (or comparable equity participation and voting power).
Definition of Subsidiary. For purposes of this Agreement,“Subsidiary” means a “Subsidiary” shall mean any domesticcorporation, company or foreign corporationother entity # at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or # which does not have outstanding shares or securities (as may be the case in a partnership, joint venture or unincorporated association), but at least twentyfifty percent (20%(50%)” where there is not a legitimate business criteria of whose ownership interest representing the right generally to make decisions for using such lower percentage. other entity is, now or hereafter, owned or controlled, directly or indirectly, by the Company.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean"Subsidiary” means any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directlywhich the Company owns directly, or indirectly by the Corporation or by other Subsidiaries, provided, however, that “atthrough subsidiaries, at least fifty percent (50%)” shall replace “at of the total combined voting power of all classes of stock, or any other entity (including, but not limited to, partnerships and joint ventures) in which the Company owns at least twentyfifty percent (20%(50%)” where there is not a legitimate business criteria for using such lower percentage. of the combined equity thereof.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean“Subsidiary” means any corporation or other entity, whether domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to voteforeign, in electing directors is ownedwhich the Company has or obtains, directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at leastindirectly, a proprietary interest of more than fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage. by reason of stock ownership or otherwise.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary”“Subsidiary” shall mean any domestica corporation or foreign corporation at least twenty percent (20%)other entity with respect to which the Company owns or controls, directly or indirectly, 50% or more of whosethe outstanding shares of stock normally entitled to vote for the election of directors (or comparable voting power), provided that the Committee may also designate any other corporation or other entity in electing directors is ownedwhich the Company, directly or indirectly byindirectly, has an equity or similar interest corresponding to less than 50% of such voting power as a Subsidiary for purposes of the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage. Plan.
Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean“Subsidiary” means any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is ownedwhich the Company owns directly or indirectly bythrough its Subsidiaries, at least 50 percent of the Corporationtotal combined voting power of all classes of stock, or byany other Subsidiaries, provided, however, that “atentity (including, but not limited to, partnerships and joint ventures) in which the Company owns at least fifty50 percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage. of the combined equity thereof.
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