Acquired Subsidiary definition

Acquired Subsidiary or “Acquired Subsidiaries” means one or more, as applicable, Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

Acquired Subsidiary means any Subsidiary acquired by the Company or any other Subsidiary after the Issue Date in an Acquisition, and any Subsidiaries of such Acquired Subsidiary on the date of such Acquisition.

Acquired Subsidiary means any Subsidiary acquired by the Issuer or any other Subsidiary after the Issue Date in an Acquisition, and any Subsidiaries of such Acquired Subsidiary on the date of such Acquisition.

Examples of Acquired Subsidiary in a sentence

• Any Tax refunds that are received by the Purchaser or the Acquired Subsidiary, and any amounts credited against Taxes to which the Purchaser or the Acquired Subsidiary become entitled, in each case that related to Tax periods or portions thereof of the Acquired Subsidiary ending on or before the Closing Date shall be for the account of the Seller, and the Purchaser shall pay over to the Seller any such refund or the amount of any such credit within fifteen (15) days after receipt or entitlement thereto.

• All tax-sharing agreements or similar agreements with respect to or involving the Acquired Subsidiary shall be terminated as of the Closing Date and, after the Closing Date, the Acquired Subsidiary shall not be bound thereby or have any liability thereunder.

• The Seller shall timely prepare or cause to be prepared and file or cause to be filed, all Tax Returns with respect to the Acquired Subsidiary that are (i) required to be filed on or before the Closing Date; or (ii) filed on consolidated, unitary or combined basis with the Seller or any of its Affiliates.

• The Purchaser shall prepare or cause to be prepared and file or cause to be filed all other Tax Returns for the Acquired Subsidiary that are required to be filed after the Closing Date.

• In accordance with Section 17.02 of the Master Purchase Agreement, the Seller shall pay to the Purchaser an amount equal to the portion of the Taxes shown on such Tax Returns that are attributable to the Tax periods or portions thereof ending on or before the Closing Date (pursuant to the allocation method described in Section 17.02 of the Master Purchase Agreement) but only to the extent that such Taxes were not paid by the Acquired Subsidiary prior to the Closing Date.

More Definitions of Acquired Subsidiary

Acquired Subsidiary has the meaning set forth in the definition of “Incremental EBITDA”.

Acquired Subsidiary means a Person which becomes a Restricted Subsidiary after the Issue Date; provided that such Person has outstanding voting Capital Stock prior to becoming a Subsidiary of the Company and a majority of such voting Capital Stock was owned by Persons other than the Company and its Restricted Subsidiaries.

Acquired Subsidiary any Acquired Company that is a Subsidiary of another Acquired Company.

Acquired Subsidiary means and refers to any one of the Acquired Subsidiaries.

Acquired Subsidiary any Acquired Company that is a Subsidiary of another Acquired Company. “Ancillary Agreements” — the Transition Services Agreement, LLC Interest Assignment, Bxxx of Sale, Assignment and Assumption Agreement and the instruments described in clauses (iv), (v), (vi) and (viii) of Section 2.7(a) and clause (ii) of Section 2.7(b).

Acquired Subsidiary means each wholly-owned subsidiary of the Company.

Acquired Subsidiary is defined in the definition of Pro Forma Adjusted EBITDA.