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NTY » Topics » (gggggg) Sterling Shares has the meaning set forth in Section 4.18.

This excerpt taken from the NTY 8-K filed Sep 29, 2008.

(gggggg)       “Sterling Shares” has the meaning set forth in Section 4.18.

 

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(hhhhhh)       “Subsidiary” means, with respect to any party, any Person of which (i) such party or any Subsidiary of such party owns, of record or beneficially, at least 50% of the outstanding equity or voting securities or interests of such Person, or (ii) such party or any Subsidiary of such party has the right to elect at least a majority of the board of directors or others performing similar functions with respect to such Person.

 

(iiiiii)               “Tax” and “Taxes” mean any and all taxes, charges, fees, levies or other assessments, imposed by any Governmental Body, and include any interest, penalties or additional amounts attributable to, or imposed upon, or with respect to, Taxes.

 

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