10) Subsidiary definition

10) Subsidiary means Marketing Company.
Sample 1
10) Subsidiary means any subsidiary of the Company that holds ten percent (10%) or more of the Company's assets on a consolidated basis;
Sample 1
10) Subsidiary means any Subsidiary whose shares are the subject of any issuance, sale or disposition and who shall have contributed for the period of twelve consecutive fiscal quarters ending Schedule B-12 at, or most recently prior to, the date that such issuance, sale or disposition is consummated, more than 10% of Consolidated Adjusted EBITDA for such period.
Sample 1

Examples of 10) Subsidiary in a sentence

  • As on 31st March 2019, the Company has 10 Subsidiary Companies and 2 Associate Companies.

  • Payment for Consent 91 ARTICLE 10 Subsidiary Guarantees SECTION 10.01.

  • Application of Proceeds upon Release of a 10% Subsidiary Guarantor 60 SECTION 10.08.

  • Diagram 10 Subsidiary D> 50 % > 50 % 10%• X is a connected person at the issuer level, and he or it has a 10% (or more) shareholding in Subsidiary A.Subsidiary A is a connected subsidiary.

  • As on 31st March, 2020, the Company has 10 Subsidiary Companies and 1 Limited Liability Partnership as a Subsidiary and it has complied with the Corporate Governance requirements with respect to its subsidiaries as required under Regulation 24 of the Listing Regulations.

  • Claims in each of Classes 1 (Priority Claims), 2 (Secured Claims), 5 (COLI Claims), 9 (Affiliate Claims), 10 (Subsidiary Debt Guarantee Claims), and 11 (Employee Benefit Claims) are unimpaired.

  • XDiagram 10 Subsidiary DThe issuer> 50 % Subsidiary A> 50 % ≥ 10%  X is a connected person at the issuer level, and he/it has a 10% (or more) shareholding in Subsidiary A. Subsidiary A is a connected subsidiary.

  • Other claims, comprising those of Class 1 Other Priority Claims, Class 2 Secured Tax Claims, Class 3 Other Secured Claims, Class 5 Legacy Subsidiary Unsecured Claims, Class 6 NNE Subsidiary Unsecured Claims, Class 8 Convenience Claims and Class 10 Subsidiary Equity Interests are unimpaired and will receive 100% recovery on their allowed claims, except for the Subsidiary Equity Interests ( i.e. stock of subsidiaries held by parent companies), which will simply be reinstated.

  • Payment for Consent 93 Page ARTICLE 10 Subsidiary Guarantees SECTION 10.01.

  • Approved a resolution authorizing staff to complete the transfer of ownership to Eno Fire Department.

Related to 10) Subsidiary

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Domestic Subsidiary means any Subsidiary that is organized under the laws of the United States, any state thereof or the District of Columbia.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Inactive Subsidiary means any Subsidiary of a Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $1,000,000 and (c) does not have any Indebtedness outstanding.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Securitization Subsidiary means any Subsidiary in each case formed for the purpose of and that solely engages in one or more Qualified Securitization Financings and other activities reasonably related thereto.

  • Qualified Subsidiary means a Subsidiary that meets the definition of “a company controlled by its parent company” as defined in Rule 3a-5 under the 1940 Act.

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • Restricted Subsidiary means any Subsidiary of the Company other than an Unrestricted Subsidiary.

  • Pledge Subsidiary means (i) each Domestic Subsidiary and (ii) each First Tier Foreign Subsidiary which is a Material Foreign Subsidiary.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • Material Foreign Subsidiary means any Foreign Subsidiary that is a Material Subsidiary.