Common use of Foreign Subsidiary Borrowers Clause in Contracts

Foreign Subsidiary Borrowers. (a) Each Foreign Subsidiary Borrower is a direct or indirect Wholly-Owned Subsidiary of the Company (excluding director qualifying shares); and

Appears in 7 contracts

Samples: Assignment Agreement (Kelly Services Inc), Assignment Agreement (Kelly Services Inc), Assignment Agreement (Kelly Services Inc)

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Foreign Subsidiary Borrowers. (a) Each Except as described on Schedule 5.8, each Foreign Subsidiary Borrower is a direct or indirect Wholly-Owned Subsidiary of the Company (excluding director qualifying shares); and

Appears in 7 contracts

Samples: Loan Agreement (Myers Industries Inc), Loan Agreement (Myers Industries Inc), Loan Agreement (Myers Industries Inc)

Foreign Subsidiary Borrowers. (a) Each Cause each Foreign Subsidiary Borrower is to be a direct or indirect Wholly-Wholly Owned Subsidiary of Subsidiary, unless approved by the Company (excluding director qualifying shares); andAdministrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Lear Corp), Credit Agreement (Lear Corp), Credit Agreement (Lear Corp)

Foreign Subsidiary Borrowers. (a) Each Upon completion of the Spin-Off, each Foreign Subsidiary Borrower is will be a direct or indirect Wholly-Owned Subsidiary of the Company (excluding director qualifying shares); and

Appears in 2 contracts

Samples: Credit Agreement (Meritor Automotive Inc), Credit Agreement (Meritor Automotive Inc)

Foreign Subsidiary Borrowers. (a) Each Foreign ---------------------------- Subsidiary Borrower is will be a direct or indirect Wholly-indirect, Wholly Owned Subsidiary of the Company (excluding director qualifying sharesor, with the consent of the Majority Multicurrency Revolving Credit Facility Lenders, which consent shall not be unreasonably withheld, a direct or indirect, majority-owned Subsidiary of the Company); and.

Appears in 1 contract

Samples: Credit Agreement (Federal Mogul Corp)

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Foreign Subsidiary Borrowers. (a) Each Foreign Subsidiary Borrower is will be a direct or indirect Whollyindirect, wholly-Owned owned Subsidiary of the Company (excluding director qualifying shares) (or, with the consent of the Majority Multicurrency Lenders, which consent shall not be unreasonably withheld, a direct or indirect, majority-owned Subsidiary of the Company); and

Appears in 1 contract

Samples: Agreement (Federal Mogul Corp)

Foreign Subsidiary Borrowers. (a) Each Foreign Subsidiary Borrower is will be a direct or indirect Wholly-indirect, Wholly Owned Subsidiary of the Company (excluding director qualifying sharesor, with the consent of the Majority Multicurrency Lenders, which consent shall not be unreasonably withheld, a direct or indirect, majority-owned Subsidiary of the Company); and

Appears in 1 contract

Samples: Credit Agreement (Federal Mogul Corp)

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