Subsidiary Reference. Any reference herein to a Subsidiary or Subsidiaries of Borrower, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to "Borrower and its Subsidiaries" or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent Borrower has any Subsidiaries and, where applicable, to the extent any such Subsidiaries are consolidated with Borrower for financial reporting purposes.
Subsidiary Reference. As of the date of this Agreement, Borrower does not have any Subsidiaries. Any reference in this Agreement to a Subsidiary of Borrower, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to Borrower and its Subsidiaries or which is to be determined on a “consolidated” or “consolidating” basis, shall apply only to the extent Borrower has any Subsidiaries and, where applicable, to the extent any such Subsidiaries are consolidated with Borrower for financial reporting purposes in accordance with GAAP.
Subsidiary Reference. Any reference herein to a Subsidiary or Subsidiaries of the Company and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to "the Company" and the Subsidiaries or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent the Company has any Subsidiaries and, where applicable, to the extent any such Subsidiaries are consolidated with the Company for financial reporting purposes. References to a Subsidiary or Subsidiaries shall not be construed as constituting a consent to the existence, creation or acquisition of any Subsidiary.
Subsidiary Reference. Any reference herein to a Subsidiary of Borrower, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to Borrower and its Subsidiaries or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent Borrower has any Subsidiaries, where applicable, to the extent any such Subsidiaries are consolidated with Borrower for financial reporting purposes. Any reference herein to an Unrestricted Subsidiary of Borrower or any of its Subsidiaries, and any restriction or other provision of this Agreement which is stated to be applicable to Borrower and its Subsidiaries and Unrestricted Subsidiaries or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent Borrower has any such Unrestricted Subsidiaries, where applicable, to the extent any such Unrestricted Subsidiaries are consolidated with Borrower for financial reporting purposes; provided, however, that Unrestricted Subsidiaries shall not be consolidated with Borrower and its Subsidiaries for purposes of calculating the financial covenants set forth in Section 10.1(m) herein.
Subsidiary Reference. Any reference herein to a -------------------- Subsidiary or Consolidated Subsidiary of Parent, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to Parent and its Subsidiaries or Consolidated Subsidiaries or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent Parent has any Subsidiaries or Consolidated Subsidiaries and, where applicable, to the extent any such Subsidiaries are consolidated with Parent for financial reporting purposes.
Subsidiary Reference. Any reference herein to a Subsidiary or Subsidiaries of any Person, and any financial ratio or restriction or other provision of this Agreement which is stated to be applicable to such Person "and its Subsidiaries" or which is to be determined on a "consolidated" basis, shall apply only to the extent such Person has any Subsidiaries and, where applicable, only to the extent any such Subsidiaries are consolidated with such Person for financial reporting purposes. 16.8
Subsidiary Reference. 31 7.19 Compliance with Usury Laws.....................................................................31 AMENDED AND RESTATED LOAN AGREEMENT THIS AMENDED AND RESTATED LOAN AGREEMENT (this "Agreement") is made and entered into as of the 31st day of July, 2002, by and between FEATHERLITE, INC., a Minnesota corporation ("Borrower"), and U.S. BANK NATIONAL ASSOCIATION ("Lender").
Subsidiary Reference. Any reference herein to a Subsidiary or Subsidiaries of any Loan Party, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to "any Loan Party and its Subsidiaries" or which is to be determined on a "consolidated" or "consolidating" basis, shall apply only to the extent any such Subsidiaries are consolidated with such Loan Party for financial reporting purposes.
Subsidiary Reference. Any reference in this Agreement to a Subsidiary of Borrower or Guarantor, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to Borrower, Guarantor and their respective Subsidiaries or which is to be determined on a “consolidated” or “consolidating” basis, shall apply only to the extent Borrower and Guarantor have any Subsidiaries and, where applicable, to the extent any such Subsidiaries are consolidated with Borrower and/or Guarantor for financial reporting purposes in accordance with GAAP.
Subsidiary Reference. Any reference herein to a Subsidiary or Subsidiaries of the Borrower, and any financial definition, ratio, restriction or other provision of this Agreement which is stated to be applicable to "the Borrower" and the Subsidiaries, shall apply only to the extent the Borrower has any Subsidiaries, and does not imply that the Borrower is permitted to have Subsidiaries when this Agreement otherwise prohibits the existence of such Subsidiaries.
