Canadian Subsidiary definition
Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.
Canadian Subsidiary means a Subsidiary of Canadian Borrower.
Canadian Subsidiary each Subsidiary of Parent Borrower that is incorporated or organized under the laws of Canada or any province thereof.
Examples of Canadian Subsidiary in a sentence
Notwithstanding any other provision in this Agreement or any other Credit Document to the contrary, no FSHCO, Foreign Subsidiary (other than a Canadian Subsidiary and each other Subsidiary which becomes a Subsidiary Guarantor pursuant to the proviso to the definition of “Excluded Subsidiary”), or Domestic Subsidiary of a Foreign Subsidiary that is a CFC shall be required to (i) pledge, nor shall the U.S. Collateral include, any of its assets or (ii) guarantee the Obligations.
More Definitions of Canadian Subsidiary
Canadian Subsidiary means any Subsidiary of the Company that has been formed or is organized under the laws of Canada or any province or territory thereof.
Canadian Subsidiary means, with respect to any Person, any Subsidiary (which may be a corporation, limited liability company, partnership or other legal entity) organized under the laws of Canada or one of the Provinces or Territories of Canada.
Canadian Subsidiary of any Person shall mean any Subsidiary of such Person incorporated, organized, or established or resident for the purposes of the Income Tax Act (Canada) as amended, in Canada or any province or territory thereof.
Canadian Subsidiary means any Subsidiary of the Lead Borrower that is incorporated, formed or otherwise organized under the laws of Canada or any province or territory thereof.
Canadian Subsidiary means any Foreign Subsidiary having its principal operations in Canada.
Canadian Subsidiary means any Subsidiary of a Credit Party that is created or organized under the laws of Canada or a Province or territory of Canada.
Canadian Subsidiary means ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Canada, Inc., a company organized under the laws of the province of Ontario.