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This excerpt taken from the ENH 8-K filed Oct 12, 2005. Subsidiary means, at any time, any Person the equity capital or other ownership interests of which having ordinary voting power to elect a majority of the board of directors or other managers of such Person are at the time owned, or the management or policies of which are otherwise at the time controlled, directly or indirectly through one or more intermediaries (including other Subsidiaries) or both, by another Person.
SECTION 2. |