Definitions Clause Example from Business Contracts

Definitions. As used in this Agreement, the following terms have the respective meanings set forth below: (a) "Applicable Time" means the date of this Agreement, each Representation Date, the date on which a Placement Notice is given, any date on which Placement Shares are sold hereunder and each Settlement Date, or such other time as agreed to by the Company and the Agent. (b) "GAAP" means United States generally accepted accounting principles, consistently applied. (c) "Subsidiary" means a corporation, par...tnership, limited liability company or other entity, which is owned or controlled, directly or indirectly, by the Company, the Operating Partnership or one or more other Subsidiaries of the Company or the Operating Partnership. View More