subsidiary law

  • 71ancillary — an·cil·lary / an sə ˌler ē, an si lə rē/ adj 1: having a subordinate, subsidiary, or secondary nature ancillary functions an ancillary agreement 2: serving as a supplement or addition ancillary documents 3: directly related …

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  • 72supplemental — sup·ple·men·tal /ˌsə plə ment əl/ adj: serving to complete or make an addition supplemental appropriations; specif: of, relating to, or being a supplemental pleading supplemental n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

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  • 73forward triangular merger — USA A type of indirect merger where the buyer creates a merger subsidiary to acquire the target company. The target company merges with and into the merger subsidiary and the merger subsidiary is the surviving company. The separate existence of… …

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  • 74structural subordination — USA The concept that a lender to a company will not have access to the assets of the company s subsidiary until after all of the subsidiary s creditors have been paid and the remaining assets have been distributed up to the company as an equity… …

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  • 75auxiliary — index abettor, additional, adjunct, affiliate, appurtenance, appurtenant, associate, backer, clerical …

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  • 76split–off — / split ˌȯf, ˌäf/ n: a transfer of corporate assets to a subsidiary involving the surrender of a part of the stock owned by the corporation s shareholders in exchange for controlling stock of the subsidiary: a D reorganization involving a… …

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  • 77cash box vendor placing — A method of raising cash from the issue of equity securities which is characterised for Companies Act 1985 purposes as a vendor placing; the non cash assets which are acquired are preference shares in a special purpose subsidiary whose only… …

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  • 78substantial shareholder — Under the Listing Rules, any person who is entitled to exercise or to control the exercise of 10% or more of the votes able to be cast on all or substantially all matters at general meetings of the company (or of any company which is its… …

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  • 79ineligible issuer — USA An issuer that meets any one of the following as of the relevant date of determination: • Any issuer that has not filed all required Exchange Act reports during the preceding 12 months (or for such shorter period that the issuer was required… …

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  • 80upstream guaranty — USA upstream guaranty, Also known as a subsidiary guaranty. A guaranty of debt or other obligations from a subsidiary of the debtor. Glossary cross stream guaranty ( …

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