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DTV » Topics » Subsidiary

This excerpt taken from the DTV DEFA14A filed May 4, 2009.
Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any oilier class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such limited liability company, partnership or joint venture or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries. For purposes of this Agreement, DIRECTV and Greenlady II, LLC shall be deemed to not be Subsidiaries of the Borrower except to the extent expressly set forth herein.

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This excerpt taken from the DTV 8-K filed May 4, 2009.
Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any oilier class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such limited liability company, partnership or joint venture or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries. For purposes of this Agreement, DIRECTV and Greenlady II, LLC shall be deemed to not be Subsidiaries of the Borrower except to the extent expressly set forth herein.

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EXCERPTS ON THIS PAGE:

DEFA14A
May 4, 2009
8-K
May 4, 2009

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