Applicable Subsidiary definition

Applicable Subsidiary means any subsidiary of the Company included on Schedule A attached hereto.

Applicable Subsidiary means the subsidiary of the Company that is the employer of the Participating Employee on the effective date of the Participating Employee’s termination or resignation.

Applicable Subsidiary means any Subsidiary that is a Domestic Subsidiary or a Direct Foreign Subsidiary.

Examples of Applicable Subsidiary in a sentence

• The Company has not permitted any Subsidiary (other than an Applicable Subsidiary Guarantor) to create, assume, incur, guarantee or otherwise become liable in respect of any Borrowed Money Indebtedness except in accordance with paragraphs (a) to (e) of Section 10.8 of the Note Purchase Agreement.

• Not Applicable Subsidiary 100.00 2(87)26 Microsol Ltd Not Applicable Subsidiary 100.00 2(87)27 PT CG Power Systems Indonesia Not Applicable Subsidiary 95.00 2(87)28 CG Power Solutions Saudi Arabia Ltd Not Applicable Subsidiary 51.00 2(87)29 PT Crompton Prima Switchgear Indonesia Not Applicable Joint Venture 51.00 2(87)30 Saudi Power Transformers Company Ltd Not Applicable Associate 49.00 2(6)31 CG International BV TR & Cont.

• All payments due from the Loan Parties or any of their respective Applicable Subsidiaries, or for which any claim may be made against the Loan Parties or any of their respective Applicable Subsidiaries, on account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of the Loan Party or such Applicable Subsidiary, as appropriate.

• No insolvency or bankruptcy proceeding (other than any proceeding which has been discharged, dismissed or otherwise invalidated by Closing) has been commenced against Seller, the Applicable Subsidiary or EBH under the federal Bankruptcy Code or any state law for relief of debtors.

• There are no strikes, lockouts, slowdowns or other labor disputes against any Loan Party or any Applicable Subsidiary of any Loan Party pending or, to the knowledge of any Loan Party, threatened.

More Definitions of Applicable Subsidiary

Applicable Subsidiary means the applicable Subsidiary of the Surviving Company at which the holder of a Company Equity Award is employed.

Applicable Subsidiary shall have the meaning assigned to such term in Section 8.01(h).

Applicable Subsidiary means any direct or indirect Subsidiary of Borrower, other than Partners and its direct or indirect Subsidiaries or Partners GP and its direct or indirect Subsidiaries.

Applicable Subsidiary shall have the meaning set forth in Section 7.01(e).

Applicable Subsidiary means (a) prior to the Non-Guarantor Release Date, each Subsidiary and (b) on and after the Non-Guarantor Release Date, each Subsidiary that is a Guarantor.

Applicable Subsidiary means any Purchased Asset that consists of equity interests in any Subsidiary of the Sellers, including the Purchased Interests of the Acquired Subsidiaries.

Applicable Subsidiary means all subsidiaries of the Company included on Schedule A attached hereto, and any other entity of which the Company owns, directly or indirectly, more than fifty percent (50%) of such entity’s voting securities or the activities of such entity are controlled, directly or indirectly, by the Company.