Example ContractsClausessubsidiary,Variants
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Subsidiary. For purposes of this Agreement, the term “subsidiary” means any corporation, limited liability company, or other entity, of which more than 50% of the outstanding voting securities or equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as an Agent.

Subsidiary. For purposes of this Agreement, the term “subsidiary” meansSubsidiary” means, with respect to any Person, a corporation, partnership, limited liability company, or other entity,entity of which that Person owns, directly or indirectly, outstanding Equity Interests having more than 50% of the outstandingordinary voting securitiespower for the election of directors or equity interests are owned, directly or indirectly, by the Company and one or moreother managers of its subsidiaries, and any otherthat corporation, partnership, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterpriseentity. Unless the context otherwise requires, each reference to Subsidiaries in this Agreement refers to Subsidiaries of which Indemnitee is or was serving at the request of the Company as an Agent.Parent.

Subsidiary. For purposes of this Agreement, the term “subsidiary” means“Subsidiary” means, with respect to any Person, any corporation, general or limited partnership, limited liability company, joint venture or other entity, ofentity in which such Person (a) owns, directly or indirectly, fifty percent (50%) or more than 50% of the outstanding voting securitiessecurities, equity securities, profits interest or equity interests are owned, directlycapital interest, (b) is entitled to elect at least one-half of the board of directors or indirectly, bysimilar governing body or (c) in the Company and onecase of a limited partnership or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit planis a general partner or other enterprisemanaging member and has the power to direct the policies, management and affairs of which Indemnitee is or was serving at the request of the Company as an Agent.such entity, respectively.

Subsidiary. For purposes of this Agreement, the term “subsidiary” means(g) “Subsidiary” shall mean any corporation, partnership, limited liability company, joint venture, trust or other entity,Entity of which the Company owns (either directly or through or together with another Subsidiary of the Company) either (i) a general partner, managing member or other similar interest or (ii) (A) 50% or more thanof the voting power of the voting capital equity interests of such corporation, partnership, limited liability company, joint venture or other Entity, or (B) 50% or more of the outstanding voting securitiescapital stock or other voting equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any othersuch corporation, partnership, limited liability company, partnership, joint venture, trust, employee benefit planventure or other enterprise of which Indemnitee is or was serving at the request of the Company as an Agent.Entity.

Subsidiary. For purposes of this Agreement, the term “subsidiary” means"Subsidiary" shall mean any corporation, partnership, limited liability company,company or other entity, of which more thanentity at least 50% of the outstanding voting securities oreconomic interest in the equity interests areof which is owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as an Agent.by another subsidiary.

Subsidiary. For purposes of this Agreement, the term “subsidiary” means(g)“Subsidiary” shall mean any corporation, partnership, limited liability company, joint venture, trust or other entity,Entity of which the Company owns (either directly or through or together with another Subsidiary of the Company) either (i) a general partner, managing member or other similar interest or (ii) (A) 50% or more thanof the voting power of the voting capital equity interests of such corporation, partnership, limited liability company, joint venture or other Entity, or (B) 50% or more of the outstanding voting securitiescapital stock or other voting equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any othersuch corporation, partnership, limited liability company, partnership, joint venture, trust, employee benefit planventure or other enterprise of which Indemnitee is or was serving at the request of the Company as an Agent.Entity.

Subsidiary. For purposes of this Agreement, the term “subsidiary”“Subsidiary” means as to any Person, any corporation, partnership, limited liability company,company or other entity,entity of which more than 50%fifty percent (50%) of the outstanding Equity Interests having ordinary voting securitiespower to elect a majority of the board of directors (or equivalent governing body) or equity interests are owned, directlyother managers of such corporation, partnership, limited liability company or indirectly,other entity is at the time owned by (directly or indirectly) or the Company and onemanagement is otherwise controlled by (directly or moreindirectly) such Person (irrespective of its subsidiaries, andwhether, at the time, Equity Interests of any other class or classes of such corporation, partnership, limited liability company, partnership, joint venture, trust, employee benefit plancompany or other enterprise of which Indemnitee isentity shall have or was serving at the requestmight have voting power by reason of the Company as an Agent.happening of any contingency). Unless otherwise qualified, references to “Subsidiary” or “Subsidiaries” herein shall refer to those of the Borrower.

Subsidiary. For purposes of this Agreement, the term “subsidiary”subsidiary means any corporation, limited liability company,corporation or other entity, ofentity in which more than 50% of the outstanding voting securities or equity interests are owned, directly or indirectly, by the Company and onehas a direct or indirect ownership interest of 50% or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit planthe total combined voting power of the then outstanding securities or interests of such corporation or other enterpriseentity entitled to vote generally in the election of directors (or similar governing body of a non-corporate entity) or in which Indemnitee isthe Company has the right to receive 50% or was serving at the requestmore of the Company as an Agent.distribution of profits or 50% or more of the assets on liquidation or dissolution.

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