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Significant Subsidiary Definition Sample 1

Book Publication Date: Nov 2014
Description: Corporate finance agreements will often require a definition of "significant subsidiary". This sample clause defines it with respect to the percentage of a company's consolidated revenues accounted for by the subsidiary.
Type: Contract Clauses
PLI Item #: 127819
Practice Area: Banking and finance, Corporate finance

Keywords: "significant subsidiary"; "restricted subsidiary"; "consolidated revenues"; "corporate finance"; definition; "unrestricted subsidiary"

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