New Subsidiary definition

New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”
New Subsidiary has the meaning assigned to such term in Section 6.11.
New Subsidiary means, as of any date of determination, any Person in which the Company after the Issuance Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”

Examples of New Subsidiary in a sentence

  • The parties hereto agree that any New Subsidiary shall constitute a Credit Party for all purposes hereunder as of the date of the execution and delivery of any joinder contemplated by clause (a) above or the date such New Subsidiary provides any guarantee of the Obligations as contemplated by Section 5.12.

  • The New Subsidiary Guarantor hereby agrees, jointly and severally with all existing Guarantors (if any), to unconditionally guarantee the Issuers’ Obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in Article XII of the Indenture and to be bound by all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.

  • All notices or other communications to the New Subsidiary Guarantor shall be given as provided in Section 13.02 of the Indenture.


More Definitions of New Subsidiary

New Subsidiary as defined in Section 7.2(t).
New Subsidiary has the meaning specified therefor in the Notes.
New Subsidiary has the meaning specified therefor in Section 7.01(b)(i).
New Subsidiary is defined in SECTION 7.3(G)(II).
New Subsidiary has the meaning specified in Section 7.24.
New Subsidiary as defined in Section 8.11. --------------
New Subsidiary means any Person which becomes a Subsidiary of the Company after the Closing Date.