Consolidated Restricted Subsidiaries definition

Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.
Consolidated Restricted Subsidiaries means each Restricted Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP.
Consolidated Restricted Subsidiaries means each Restricted Subsidiary of the Parent which is a Consolidated Subsidiary.

Examples of Consolidated Restricted Subsidiaries in a sentence

  • If, at any time, all of the Consolidated Subsidiaries of Borrower are not Consolidated Restricted Subsidiaries, then concurrently with any delivery of financial statements under Section 7.1(a) or Section 7.1(b), a certificate of a Responsible Officer setting forth consolidating spreadsheets that show all of the Consolidated Unrestricted Subsidiaries and the eliminating entries, in such form as would be presentable to the auditors of Borrower.

  • Borrower shall not permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2022, the Current Ratio for Borrower and its Consolidated Restricted Subsidiaries, to be less than 1.00 to 1.00.


More Definitions of Consolidated Restricted Subsidiaries

Consolidated Restricted Subsidiaries means any Subsidiary, the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements, excluding each Unrestricted Subsidiary.
Consolidated Restricted Subsidiaries means the Consolidated Subsidiaries that are Restricted Subsidiaries (including, for the avoidance of doubt, the Borrower).
Consolidated Restricted Subsidiaries means, as of any date of determination and with respect to any Person, those Restricted Subsidiaries of that Person whose financial data is, in accordance with GAAP, reflected in that Person’s consolidated financial statements.
Consolidated Restricted Subsidiaries. (except in Section 5.01) and (v) each reference to "Wholly-Owned Consolidated Subsidiary" with "Wholly-Owned Consolidated Restricted Subsidiary".
Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries. “Consolidated Subsidiaries” means each Subsidiary of the Parent (whether now existing or hereafter created or acquired), the financial statements of which shall be (or should have been) consolidated with the financial statements of the Parent in accordance with GAAP. “Consolidated Total Assets” shall mean the total assets of the Borrower and its Restricted Subsidiaries, determined on a consolidated basis in accordance with GAAP, as shown on the most recent consolidated balance sheet of the Borrower. “Consolidated Unrestricted Subsidiaries” means any Unrestricted Subsidiaries that are Consolidated Subsidiaries. “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. “Control Agreement” has the meaning assigned to such term in the Guaranty and Security Agreement. “Convertible Notes” means any unsecured senior or unsecured senior subordinated Debt securities (whether registered or privately placed) convertible into Equity Interests of the Parent (other than Disqualified Capital Stock) incurred pursuant to a Convertible Notes Indenture. “Convertible Notes Indenture” means any indenture among the Parent, as issuer, the subsidiary guarantors party thereto and the trustee named therein, pursuant to which the Convertibles Notes are issued, as the same may be amended or supplemented in accordance with Section 9.04(b). “Covered Entity” means any of the following: (i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b); (ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R.§ 47.3(b); or
Consolidated Restricted Subsidiaries or “consolidated Restricted Subsidiaries” means the Borrower and the Restricted Subsidiaries on a consolidated basis, in accordance with GAAP.
Consolidated Restricted Subsidiaries means each Restricted Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP. “Consolidated Subsidiaries” means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP. “Consolidated Total Assets” shall mean, as of any date of determination, the amount that would, in conformity with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of the Group Members, calculated on a pro forma basis after giving effect to any subsequent acquisition or disposition of a Person or business. 7 007870-0083-15888-Active.27383864