Subsidiary Loan Party definition

Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.
Subsidiary Loan Party means any Subsidiary that executes or becomes a party to the Guaranty and Security Agreement.
Subsidiary Loan Party means (a) each Wholly Owned Domestic Subsidiary of the Borrower that is not an Excluded Subsidiary and (b) any other Subsidiary of the Borrower that may be designated by the Borrower (by way of delivering to the Collateral Agent a supplement to the Collateral Agreement and a supplement to the Subsidiary Guarantee Agreement, in each case, duly executed by such Subsidiary) in its sole discretion from time to time to be a guarantor in respect of the Obligations and the obligations in respect of the Loan Documents, whereupon such Subsidiary shall be obligated to comply with the other requirements of Section 5.10(d) as if it were newly acquired.

Examples of Subsidiary Loan Party in a sentence

  • Schedule 3.12 sets forth the name of, and the ownership or beneficial interest of the Borrower in, each Subsidiary and identifies whether such Subsidiary is a Subsidiary Loan Party.


More Definitions of Subsidiary Loan Party

Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.
Subsidiary Loan Party means each Subsidiary that is a Loan Party.
Subsidiary Loan Party means any Subsidiary that is, or is required under the terms of this Agreement to be, a party to any Security Document.
Subsidiary Loan Party means any Subsidiary that executes or becomes a party to the Subsidiary Guaranty Agreement.
Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary.
Subsidiary Loan Party means each Restricted Subsidiary that is a Wholly Owned Subsidiary of the Lead Borrower, other than (a) any Foreign Subsidiary of the Lead Borrower, (b) any Subsidiary of a Foreign Subsidiary, (c) any Unrestricted Subsidiary, (d) any Immaterial Subsidiary or (e) any Excluded Subsidiary.
Subsidiary Loan Party means each other Subsidiary of the Parent Borrower (other than the Co-Borrower) that is a party to the Guarantee Agreement.