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(3) Subordinated liabilities of a consolidated subsidiary or affiliate which are consolidated in accordance with paragraph (c)(2) of this section may not be prepaid, repaid or accelerated if any of the entities included in such consolidation would otherwise be unable to comply with the provisions of Appendix (D), 17 CFR 240.15c3-1d.
Great Wolf's consolidated subsidiary, Creative Kingdoms, LLC, is a developer and operator of technology-based, interactive quest adventure experiences such as MagiQuest®.
The company expects revenue to grow nearly three times this fiscal year, mostly by making 7-Eleven of Dallas into a consolidated subsidiary.
At that point, it switched to booking the revenue only when Philidor sold the drugs to patients, as a company would do for a consolidated subsidiary.
Specifically, they would define a "Foreign Consolidated Subsidiary" as a non-US person that is consolidated for accounting purposes (under US Generally Accepted Accounting Principles) with an ultimate parent entity that is a US person.
(2) Liabilities of a consolidated subsidiary or affiliate which are subordinated to the claims of present and future creditors pursuant to a satisfactory subordination agreement shall not be added to consolidated net worth unless such subordination extends also to the claims of present or future creditors of the parent broker or dealer and all consolidated subsidiaries.
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(5) A parent company has no independent assets or operations if each of its total assets, revenues, income from continuing operations before income taxes, and cash flows from operating activities (excluding amounts related to its investment in its consolidated subsidiaries) is less than 3% of the corresponding consolidated amount.
As of March 31 , 2012 the Bank had six consolidated subsidiaries and three non-consolidated subsidiaries.
As of March 31 , 2012 the Company has 12 consolidated subsidiaries.
As of March 31 , 2012 the Company had seven consolidated subsidiaries.
As of March 31 , 2012 the Bank had seven consolidated subsidiaries.
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