Cayman Subsidiaries definition

Cayman Subsidiaries means the entities set out in Schedule 1;
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Cayman Subsidiaries means, collectively, International Copper Mining Inc., Los Azules Mining Inc. and San Xxxx Copper Inc., each of which is a company existing under the laws of the Cayman Islands;
Sample 1
Cayman Subsidiaries means, collectively, International Copper Mining Inc., Los Azules Mining Inc. and San Juan Copper Inc., each of which is a company existing under the laws of the Cayman Islands;
Sample 1

Examples of Cayman Subsidiaries in a sentence

  • The Credit Parties agree that on or after the date hereof, all of their business operations shall be conducted through and for the account of Borrower or Parent, and none of the Cayman Subsidiaries shall conduct any business operations or hold any assets unless the Borrower and Parent shall have first taken all reasonably necessary actions (as determined by St. Cloud) to grant the Borrower a valid and first priority security interest in all of the assets of such Cayman Subsidiary.

  • The copies of the Bylaws and Articles of Incorporation of each of Parent and Borrower and the organizational documents of each of the Cayman Subsidiaries furnished to Purchasers’ counsel reflect all amendments made thereto at any time prior to the Closing and are correct and complete in all respects.

  • All the business of the Credit Parties is, and for the period covered by the Financial Statements has been and the period from September 30, 2003 through the date hereof, conducted through Borrower, and neither Parent nor any of the Cayman Subsidiaries hold any assets except as described on Schedule 5.3.

  • Each of the Cayman Subsidiaries is a company duly organized, validly existing and in good standing under the laws of the Cayman Islands, has all requisite power and authority to own and operate its properties and assets and to carry on its business as now conducted and as proposed to be conducted, to execute and deliver the Loan Documents and to carry out the provisions of the Loan Documents.

  • In light of the new definition of control, the Group has reassessed its ability to direct the activities that significantly influence returns for each of the Sub- sidiaries and came to the conclusion that the adoption of IFRS 10 has had no impact for the Group and the Ireland and Cayman Subsidiaries will continue to be consolidated as they fulfil the new prerequisites.

  • Ready Assets U.S. Treasury Money Fund BR-TSYMM LCQ4 Cayman Subsidiaries 191.

  • As at the date of this announcement, 3 BVI Subsidiaries received the enquiry letters from IRD to provide additional supporting documents, whereas a BVI Subsidiary received the final assessment of the tax payables while the remaining 5 BVI Subsidiaries and all Cayman Subsidiaries had not yet received the final assessments of tax payables from IRD.

  • He currently serves on the Board of Cayman National Corporation and its Cayman Subsidiaries, Cayman National Bank, Cayman National Trust, Cayman National Fund Services, and Cayman National Securities.

  • Partner is urged and obliged to remind his Customer about Service renewal (in written or in verbal) no later than 90 days days prior Service Term expiry.

  • As at the date of this report, 3 BVI Subsidiaries received the enquiry letters from IRD to provide additional supporting documents, whereas a BVI Subsidiary received the final assessment of the tax payables while the remaining 5 BVI Subsidiaries and all Cayman Subsidiaries had not yet received the final assessments of tax payables from IRD.

Related to Cayman Subsidiaries

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Excluded Subsidiaries means any Subsidiary of the Parent that is: (a) listed on Schedule 1.02(b) as of the Effective Date and any Restricted Subsidiary of such Subsidiary; (b) (i) a Foreign Subsidiary (other than a UK Subsidiary), (ii) a CFC or a CFC Holding Company or a Domestic Subsidiary or a UK Subsidiary of a CFC or a CFC Holding Company, (iii) a Foreign Subsidiary of a US Loan Party, or (iv) any other Subsidiary with respect to which a guarantee could result in adverse tax consequences to the Borrower, the Parent or any Subsidiary of the Parent (as reasonably determined by the Borrower), (c) a Joint Venture or a Subsidiary that is not otherwise a wholly-owned Restricted Subsidiary (other than with respect to directors’ qualifying or nominee shares); (d) an Immaterial Subsidiary; (e) an Unrestricted Subsidiary; (f) a Captive Insurance Subsidiary or other special purpose entity; (g) not-for-profit Subsidiary; (h) prohibited by applicable Requirement of Law or contractual obligation from guaranteeing or granting Liens to secure any of the Secured Obligations or with respect to which any consent, approval, license or authorization from any Governmental Authority would be required for the provision of any such guaranty (but in the case of such guaranty being prohibited due to a contractual obligation, such contractual obligation shall have been in place at the Effective Date or at the time such Subsidiary became a Restricted Subsidiary and is not created in contemplation of or in connection with such Person becoming a Restricted Subsidiary); provided that each such Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (h) if such consent, approval, license or authorization has been obtained; (i) with respect to which the Borrower and the Administrative Agent reasonably agree that the cost or other consequences (including adverse tax consequences) of providing a guaranty of the Secured Obligations outweigh the benefits to the Lenders; (j) a Restricted Subsidiary acquired pursuant to an Acquisition financed with secured Indebtedness permitted to be incurred under Section 6.01 and each Restricted Subsidiary that is a Subsidiary thereof to the extent such secured Indebtedness prohibits such Restricted Subsidiary from becoming a Guarantor; provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (j) if such secured Indebtedness is repaid or becomes unsecured, if such Restricted Subsidiary ceases to Guarantee such secured Indebtedness or such prohibition no longer exists, as applicable; (k) a Securitization Subsidiary; or (l) a Subsidiary that does not have the legal capacity to provide a guarantee of the Secured Obligations (provided that the lack of such legal capacity does not arise from any action or omission of Borrower or any other Loan Party), in each case other than any Electing Guarantor for so long as such entity is an Electing Guarantor.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Foreign Subsidiaries means each Subsidiary of the Lead Borrower that is not a Domestic Subsidiary.

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

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.

  • Designated Subsidiaries means the Subsidiaries which have been designated by the Board from time to time in its sole discretion as eligible to participate in the Plan.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • 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.

  • Domestic business entity means a corporation, as defined in s. 180.0103 (5), a domestic limited liability company, a partnership, as defined in s. 178.0102 (11), a limited partnership, as defined in s. 179.01 (7), or a corporation, as defined in s. 181.0103 (5).

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.