Consolidated Subsidiary definition

Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.
Consolidated Subsidiary means, at any date, any Subsidiary the accounts of which would be consolidated with those of “parent” Borrower (or any other Person, as the context may require hereunder) in its consolidated financial statements if such statements were prepared as of such date.
Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.

Examples of Consolidated Subsidiary in a sentence

  • No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, (i) make any significant and adverse change in accounting treatment or reporting practices, except as required by GAAP or required to be GAAP compliant and except as otherwise required by Law or (ii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated Subsidiary.


More Definitions of Consolidated Subsidiary

Consolidated Subsidiary means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which are (or should be) consolidated with the financial statements of the Borrower in accordance with GAAP.
Consolidated Subsidiary means each Subsidiary of the Company that is consolidated in the Consolidated Financial Statements of the Company.
Consolidated Subsidiary means a Consolidated Subsidiary of the Borrower.
Consolidated Subsidiary means any Subsidiary whose accounts are or are required to be consolidated with the accounts of the Issuer in accordance with generally accepted accounting principles.
Consolidated Subsidiary means at any date any Subsidiary or other entity which is consolidated with Borrower or EOPT in accordance with GAAP.
Consolidated Subsidiary or "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 Subsidiary means any Subsidiary which is required to be consolidated on financial statements of the Company prepared in accordance with GAAP.