Canadian Subsidiary definition

Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province thereof.

Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary means a Subsidiary of Canadian Borrower.

Examples of Canadian Subsidiary in a sentence

• Notwithstanding the foregoing, the provisions of clause (t) of the definition of Eligible Accounts, Section 2.06(a), Section 3.07, Section 3.20, Section 5.07 and this Section 5.08 shall not be interpreted to contravene, or require any notification to the Attorney General of Canada under, the Foreign Extraterritorial Measures (United States) Order, 1992, by any Canadian Borrower, any Canadian Loan Guarantor or any Canadian Subsidiary.

• Loan Parties acknowledge that, as of the Closing Date, Bank is not requiring that the Canadian Subsidiary become a secured guarantor of the Obligations or that the equity interests of the Canadian Subsidiary be pledged to Bank under a pledge agreement governed by Canadian law, but Bank reserves the right to request such actions in the future upon a Collateral Support Trigger Event.

• As of the Closing Date, the Shares of the Canadian Subsidiary are uncertificated.

More Definitions of Canadian Subsidiary

Canadian Subsidiary each Subsidiary of Parent Borrower that is incorporated or organized under the laws of Canada or any province thereof.

Canadian Subsidiary means, with respect to any Person, any Subsidiary (which may be a corporation, limited liability company, partnership or other legal entity) organized under the laws of Canada or one of the Provinces or Territories of Canada.

Canadian Subsidiary means any Subsidiary of the Company organized now or hereinafter under the laws of Canada or a province or territory thereof.

Canadian Subsidiary of any Person shall mean any Subsidiary of such Person incorporated, organized, or established or resident for the purposes of the Income Tax Act (Canada) as amended, in Canada or any province or territory thereof.

Canadian Subsidiary means any Subsidiary of the Company that has been formed or is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary means any Subsidiary of any Loan Party, which Subsidiary is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary means any Foreign Subsidiary having its principal operations in Canada.