Consolidated Subsidiaries definition

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 Subsidiaries means, as to any Person, all Subsidiaries of such Person that are consolidated with such Person for financial reporting purposes under GAAP.
Consolidated Subsidiaries means any subsidiary or subsidiaries of the Company (or its successors) that are part of the consolidated group of the Company (or its successors) for federal income tax reporting.

Examples of Consolidated Subsidiaries in a sentence

  • Such financial statements shall contain a Consolidated balance sheet and related statements of income, cash flows, and owners’ equity of the Borrower and its Consolidated Subsidiaries as of the end of and for such Fiscal Year, each setting forth in comparative form the corresponding figures for the immediately preceding Fiscal Year.


More Definitions of Consolidated Subsidiaries

Consolidated Subsidiaries means, for any Person, any Subsidiary or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements.
Consolidated Subsidiaries means Subsidiaries that would be consolidated with the Borrower in accordance with GAAP.
Consolidated Subsidiaries means each Subsidiary of a Person (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 such Person in accordance with GAAP. Unless otherwise indicated, each reference to the term "Consolidated Subsidiary" shall mean a Subsidiary consolidated with the Borrower.
Consolidated Subsidiaries means, as of any date of determination and with respect to any Person, those Subsidiaries of that Person whose financial data is, in accordance with GAAP, reflected in that Person’s consolidated financial statements.
Consolidated Subsidiaries means all Subsidiaries of the Borrower that are required to be consolidated with the Borrower for financial reporting purposes in accordance with GAAP.
Consolidated Subsidiaries means, as to any Person, all Subsidiaries of such Person which are consolidated with such Person for financial reporting purposes in accordance with GAAP.
Consolidated Subsidiaries means, as to any person, all subsidiaries of such person which are consolidated with such person for financial reporting purposes in accordance with GAAP.