Continuing Subsidiaries definition

Continuing Subsidiaries means, collectively, Geotek USA, Geotek U.S. Networks, Inc., Geotek License Holdings, Inc., Geotek Financing Corporation, Geotek Asia, Inc., MacDermott Communications, Inc., Cumulous Holding Corp., the Debtor Site Lessees, and Gelico, Inc.
Sample 1
Continuing Subsidiaries means the Subsidiaries of the Company other than the Subsidiaries of the Company constituting Underwriters U.K.
Sample 1
Continuing Subsidiaries means those entities that will be direct or indirect subsidiaries of the Company upon completion of the Reorganization, whether or not they are subsidiaries of the Company as of the date of this Agreement.
Sample 1

Examples of Continuing Subsidiaries in a sentence

  • Neither the Company nor any of the Continuing Subsidiaries is in material violation of any of the provisions of their respective Company Organizational Documents.

  • The Borrower shall not, and shall not permit any of its Continuing Subsidiaries to, engage in any transaction involving commodity options or futures contracts or any similar speculative transactions.

  • The Company, the Continuing Subsidiaries and any other Seller Party (with respect to the Business) are not liable for the payment of any material compensation, damages, fines, penalties or other amounts, however designated, for failure to comply with any applicable Laws.

  • The Company and the Continuing Subsidiaries are in compliance in all material respects with all laws, regulations and governmental orders applicable to the conduct of the business and operations of the Stations, and their present use of the Station Assets does not violate any of such laws, regulations or orders.

  • Section 3.20 of the Disclosure Schedule sets forth a true, correct and complete list and description of the policies of insurance in effect on the date hereof as maintained by or on behalf of the Company, the Continuing Subsidiaries and their respective directors, officer and managers.

  • Concurrently with the execution of this Agreement, the Continuing Subsidiaries will enter into with Regent Broadcasting of St. Cloud, Inc.

  • Except as set forth on Schedule 3.09, there are no Assets or Real Property used in the operation of the Business and owned by any person other than the Company or a Continuing Subsidiary that will not be leased or licensed to the Company, the Continuing Subsidiaries or the Purchaser under valid, current leases or license arrangements.

  • The Seller shall cooperate with the Purchaser in obtaining, at the expense of the Purchaser, continued or replacement insurance coverage, effective as of the Closing Date, providing coverage to the Company and the Continuing Subsidiaries comparable to that provided by the policies and Contracts listed on Schedule 3.27 that are not issued directly to the Company and the Continuing Subsidiaries.

  • Upon such termination, Chiron and the Company and the Continuing Subsidiaries agree to release the other party from any and all claims that they may have with respect to any such terminated agreements, except for any obligations arising under the indemnification provisions under the distribution and marketing agreements set forth on Schedule 11.10.

  • As of the Effective Time, the Company and its Continuing Subsidiaries have or will implement prior to the Effective Time the systems necessary to comply with the requirements of the Bank of Italy regarding the activities of the Italian banking groups, a summary of which has previously been provided by the Parent to the Company.


More Definitions of Continuing Subsidiaries

Continuing Subsidiaries means all, direct and indirect current and future Subsidiaries of AFHI other than the Acquired Companies.
Sample 1
Continuing Subsidiaries means RepCom, Inc. and Sartell FM, Inc., wholly-owned subsidiaries of the Company.
Sample 1
Continuing Subsidiaries has the meaning specified in Section 3.2.
Sample 1

Related to Continuing Subsidiaries

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Retained Subsidiaries means all Subsidiaries of Sellers and their respective direct and indirect Subsidiaries, as of the Closing Date, other than the Purchased Subsidiaries.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Excluded Subsidiaries means any Subsidiary of any Holding Company that is not itself a Holding Company or the Borrower and that is: (a) listed on Schedule 1.02 as of the Closing Date; (b) a CFC or a CFC Holding Company; (c) any not-for-profit Subsidiary; (d) a Joint Venture or a Subsidiary that is not otherwise a wholly-owned Restricted Subsidiary; (e) an Immaterial Subsidiary; (f) an Unrestricted Subsidiary; (g) a Captive Insurance Subsidiary or other special purpose entity; (h) prohibited by any applicable Requirement of Law or contractual obligation from guaranteeing or granting Liens to secure any of the Secured Obligations or with respect to which any consent, approval, license or authorization from any Governmental Authority would be required for the provision of any such guaranty (but in the case of such guaranty being prohibited due to a contractual obligation, such contractual obligation shall have been in place at the Closing Date or at the time such Subsidiary became a Subsidiary and is not created in contemplation of or in connection with such Person becoming a Subsidiary); provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (h) if such consent, approval, license or authorization has been obtained (it being understood and agreed that no Loan Party or Restricted Subsidiary shall be required to seek any such consent, approval, license or authorization); (i) with respect to which the Borrower (in consultation with the Administrative Agent) reasonably determines that guaranteeing or granting Liens to secure any of the Secured Obligations would result in material adverse tax consequences; (j) with respect to which the Borrower and the Administrative Agent reasonably agree that the cost and/or burden of providing a guaranty of the Secured Obligations outweighs the benefits to the Lenders; (k) a direct or indirect Subsidiary of an Excluded Subsidiary; (l) a Securitization Subsidiary; (m) organized or incorporated outside of the United States or any state, province, territory or jurisdiction thereof, (n) [reserved] and (o) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other permitted Investment that, at the time of such Permitted Acquisition or other permitted Investment, has assumed secured Indebtedness permitted hereunder and not incurred in contemplation of such Permitted Acquisition or other Investment and each Restricted Subsidiary that is a Subsidiary thereof that guarantees such Indebtedness, in each case to the extent (and solely for so long as) such secured Indebtedness prohibits such Restricted Subsidiary from becoming a Guarantor (provided that each such Subsidiary shall cease to be an Excluded Subsidiary under this clause (o) if such secured Indebtedness is repaid or becomes unsecured, if such Restricted Subsidiary ceases to be an obligor with respect to such secured Indebtedness or such prohibition no longer exists, as applicable).

  • Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Qualifying Subsidiary means any Subsidiary of the Company that (i) is not the Issuer or an Initial Guarantor, and (ii) at the relevant time of determination, is not a Joint Venture Company, a Project Company, a Local Operating Company, a Bidding Company or a Holding Vehicle.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.