Immaterial Subsidiaries definition: Copy, customize, and use instantly
Introduction
The term "Immaterial Subsidiaries" refers to subsidiaries of a parent company that do not have a significant financial, operational, or strategic impact on the parent company. This term is important in various contexts, including financial reporting, corporate governance, and regulatory compliance, as it helps define which subsidiaries may be excluded from certain obligations or reporting requirements.
Below are various examples of how "Immaterial Subsidiaries" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Immaterial Subsidiaries" in corporate structure
This definition connects "Immaterial Subsidiaries" to the structure of a company.
"Immaterial Subsidiaries" refers to subsidiaries whose operations, assets, or liabilities are not considered significant to the parent company's overall financial position or operational activities.
Definition of "Immaterial Subsidiaries" in financial reporting
This definition applies "Immaterial Subsidiaries" to financial reporting contexts.
"Immaterial Subsidiaries" means subsidiaries whose financial results and balances do not materially affect the consolidated financial statements of the parent company.
Definition of "Immaterial Subsidiaries" in mergers and acquisitions
This definition ties "Immaterial Subsidiaries" to M&A activities.
"Immaterial Subsidiaries" refers to subsidiaries that are excluded from the main merger or acquisition process due to their negligible impact on the transaction.
Definition of "Immaterial Subsidiaries" in tax compliance
This definition connects "Immaterial Subsidiaries" to tax regulations.
"Immaterial Subsidiaries" means subsidiaries whose activities are insignificant for tax reporting purposes and therefore not subject to full compliance requirements.
Definition of "Immaterial Subsidiaries" in legal agreements
This definition links "Immaterial Subsidiaries" to legal considerations.
"Immaterial Subsidiaries" refers to subsidiaries that are not held accountable under specific legal agreements due to their limited relevance to the overall agreement.
Definition of "Immaterial Subsidiaries" in corporate governance
This definition connects "Immaterial Subsidiaries" to corporate governance structures.
"Immaterial Subsidiaries" means subsidiaries whose operations or financials do not warrant direct oversight or governance by the parent company’s board of directors.
Definition of "Immaterial Subsidiaries" in loan agreements
This definition ties "Immaterial Subsidiaries" to loan agreement clauses.
"Immaterial Subsidiaries" refers to subsidiaries that are not included in covenants or obligations of loan agreements due to their minimal impact on the company’s debt servicing ability.
Definition of "Immaterial Subsidiaries" in capital structure
This definition connects "Immaterial Subsidiaries" to the capital structure of the parent company.
"Immaterial Subsidiaries" means subsidiaries whose contributions do not significantly affect the capital structure of the parent company.
Definition of "Immaterial Subsidiaries" in risk management
This definition links "Immaterial Subsidiaries" to risk management strategies.
"Immaterial Subsidiaries" refers to subsidiaries that do not contribute substantial risk exposure to the parent company and are therefore not prioritized in risk assessments.
Definition of "Immaterial Subsidiaries" in financial consolidations
This definition ties "Immaterial Subsidiaries" to the consolidation process.
"Immaterial Subsidiaries" means subsidiaries whose financial results are excluded from the consolidation process due to their minimal impact on the consolidated financial position.
Definition of "Immaterial Subsidiaries" in bankruptcy proceedings
This definition applies "Immaterial Subsidiaries" to bankruptcy scenarios.
"Immaterial Subsidiaries" refers to subsidiaries that are not included in bankruptcy filings due to their negligible assets or liabilities.
Definition of "Immaterial Subsidiaries" in financial audits
This definition connects "Immaterial Subsidiaries" to financial audit procedures.
"Immaterial Subsidiaries" means subsidiaries whose financial activities are not subject to separate audit procedures because they do not materially affect the overall audit results.
Definition of "Immaterial Subsidiaries" in shareholder agreements
This definition links "Immaterial Subsidiaries" to shareholder agreements.
"Immaterial Subsidiaries" refers to subsidiaries that are excluded from certain provisions in shareholder agreements due to their immaterial impact on shareholder interests.
Definition of "Immaterial Subsidiaries" in asset management
This definition connects "Immaterial Subsidiaries" to asset management strategies.
"Immaterial Subsidiaries" means subsidiaries whose assets or liabilities are not significant enough to be included in the asset management strategy of the parent company.
Definition of "Immaterial Subsidiaries" in operational strategy
This definition links "Immaterial Subsidiaries" to the operational focus of the parent company.
"Immaterial Subsidiaries" refers to subsidiaries whose operations are not critical to the parent company’s strategic objectives or operational performance.
Definition of "Immaterial Subsidiaries" in debt covenants
This definition ties "Immaterial Subsidiaries" to debt covenant compliance.
"Immaterial Subsidiaries" means subsidiaries that are not considered in the calculation of debt covenants due to their insignificant size and impact on the parent company’s obligations.
Definition of "Immaterial Subsidiaries" in corporate restructuring
This definition connects "Immaterial Subsidiaries" to restructuring activities.
"Immaterial Subsidiaries" refers to subsidiaries that may be excluded from corporate restructuring efforts because their financial or operational significance is minimal.
Definition of "Immaterial Subsidiaries" in international operations
This definition links "Immaterial Subsidiaries" to global business operations.
"Immaterial Subsidiaries" means subsidiaries based in foreign markets that have little impact on the parent company's global revenue or operations.
Definition of "Immaterial Subsidiaries" in compliance with regulations
This definition connects "Immaterial Subsidiaries" to compliance requirements.
"Immaterial Subsidiaries" refers to subsidiaries whose activities are not significant enough to trigger specific regulatory compliance requirements.
Definition of "Immaterial Subsidiaries" in joint ventures
This definition ties "Immaterial Subsidiaries" to joint venture operations.
"Immaterial Subsidiaries" refers to subsidiaries that do not affect the structure or performance of the joint venture and are excluded from joint venture agreements.
Definition of "Immaterial Subsidiaries" in employee benefits
This definition connects "Immaterial Subsidiaries" to employee benefits schemes.
"Immaterial Subsidiaries" means subsidiaries that are excluded from consolidated employee benefits plans because their workforce size or benefit liabilities are minimal.
Definition of "Immaterial Subsidiaries" in equity valuation
This definition links "Immaterial Subsidiaries" to valuation of the parent company.
"Immaterial Subsidiaries" refers to subsidiaries whose valuation does not significantly affect the overall market value of the parent company’s equity.
Definition of "Immaterial Subsidiaries" in corporate compliance audits
This definition connects "Immaterial Subsidiaries" to compliance audits.
"Immaterial Subsidiaries" means subsidiaries whose operations or financial records do not require separate examination in corporate compliance audits due to their immaterial impact.
Definition of "Immaterial Subsidiaries" in internal controls
This definition ties "Immaterial Subsidiaries" to the company's internal control systems.
"Immaterial Subsidiaries" refers to subsidiaries that are excluded from certain internal control procedures due to their minimal impact on the parent company’s internal operations.
Definition of "Immaterial Subsidiaries" in consolidated financial statements
This definition links "Immaterial Subsidiaries" to the consolidation process in accounting.
"Immaterial Subsidiaries" means subsidiaries that are not included in the consolidated financial statements due to their insignificant financial results.
Definition of "Immaterial Subsidiaries" in capital expenditures
This definition connects "Immaterial Subsidiaries" to the parent company’s capital expenditure planning.
"Immaterial Subsidiaries" refers to subsidiaries whose capital expenditures are too small to influence the parent company’s overall capital budgeting decisions.
Definition of "Immaterial Subsidiaries" in public disclosures
This definition ties "Immaterial Subsidiaries" to reporting and disclosures.
"Immaterial Subsidiaries" means subsidiaries whose financial or operational activities do not need to be disclosed separately in public filings due to their limited relevance.
Definition of "Immaterial Subsidiaries" in shareholder equity calculations
This definition connects "Immaterial Subsidiaries" to the calculation of shareholder equity.
"Immaterial Subsidiaries" refers to subsidiaries that are not included in the calculation of shareholder equity due to their minimal impact on the parent company’s overall equity base.
Definition of "Immaterial Subsidiaries" in taxation structures
This definition links "Immaterial Subsidiaries" to tax planning.
"Immaterial Subsidiaries" means subsidiaries whose taxable income or losses are so small that they are not considered in the parent company’s overall tax strategy.
Definition of "Immaterial Subsidiaries" in cross-border regulations
This definition applies "Immaterial Subsidiaries" to cross-border business activities.
"Immaterial Subsidiaries" refers to subsidiaries in international markets that have no material impact on the parent company’s compliance with cross-border regulations.
Definition of "Immaterial Subsidiaries" in asset disposals
This definition ties "Immaterial Subsidiaries" to the sale of assets.
"Immaterial Subsidiaries" means subsidiaries whose assets are excluded from sale or disposal plans due to their minimal impact on the parent company's asset portfolio.
Definition of "Immaterial Subsidiaries" in corporate reporting
This definition connects "Immaterial Subsidiaries" to corporate financial reporting.
"Immaterial Subsidiaries" means subsidiaries whose financial results are not material to the parent company’s consolidated financial statements and are therefore excluded from the reporting process.
Definition of "Immaterial Subsidiaries" in governance frameworks
This definition links "Immaterial Subsidiaries" to corporate governance structures.
"Immaterial Subsidiaries" means subsidiaries whose operations or financial standing are not significant enough to require separate oversight or inclusion in the parent company's governance framework.
Definition of "Immaterial Subsidiaries" in tax regulations
This definition applies "Immaterial Subsidiaries" to tax reporting requirements.
"Immaterial Subsidiaries" refers to subsidiaries that do not generate enough income or incur sufficient expenses to impact the overall tax obligations of the parent company.
Definition of "Immaterial Subsidiaries" in acquisitions
This definition connects "Immaterial Subsidiaries" to acquisition strategies.
"Immaterial Subsidiaries" means subsidiaries whose operations or assets are excluded from the scope of an acquisition due to their minimal contribution to the transaction’s financial or operational scale.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.