Core Subsidiary definition

Core Subsidiary means each Subsidiary of PPL Montana other than Additional Subsidiaries thereof.

Core Subsidiary means any Subsidiary other than a Haftungsverbund Subsidiary;

Core Subsidiary means each of:

Examples of Core Subsidiary in a sentence

• In cases where each Core Subsidiary is aware of the environmental and social risks or impacts, financing is not provided.

• This is implemented by the department responsible for management of environmental and social risks in each Core Subsidiary.

• Each Other Subsidiary Supervisory Board shall consist of six (6) members, including its Chairman and Vice-Chairman, four (4) of which shall be elected by the Other Subsidiary General Meeting and, so long as required by law, two (2) of which shall be elected by the employees of the Other Core Subsidiary.

• For the avoidance of doubt, the Group Annual Budget and Business Plan and Individual Company Annual Budget and Business Plan of Eustream and the relevant Other Core Subsidiary must not contain sensitive commercial information with regard to which Eustream and the relevant Other Core Subsidiary is bound by the duty of confidentiality under the Energy Legislation.

• Each Permitted Related Party Transaction of a Core Subsidiary shall be approved by a simple majority of the respective Subsidiary Board of Directors.

More Definitions of Core Subsidiary

Core Subsidiary means any Subsidiary that is not an Additional Subsidiary.

Core Subsidiary means each of Primerica Life Insurance Company, PFS Investments Inc., Primerica Life Insurance Company of Canada, and PFSL Investments Canada Ltd., and any other Subsidiary of the Borrower as mutually agreed by the Administrative Agent and the Borrower.

Core Subsidiary has the meaning set forth in the Stock Purchase Agreement.

Core Subsidiary means each of the Majority Subsidiaries and the Core Joint Ventures.

Core Subsidiary means any Subsidiary of a Loan Party other than Excluded Subsidiaries, Dormant Subsidiaries and Discontinued Foreign Subsidiaries.

Core Subsidiary any Subsidiary engaged in any Core Business, and for the avoidance of doubt, shall not include any Excluded Subsidiary.

Core Subsidiary means those entities nominated from time to time and notified by the Guarantor to the Trustee, the Guarantor’s investment in which at any given time provides in aggregate at least 80 per cent. of the Guarantor’s total Non-Trading Income and which, as at the date of the Trust Deed are Burgan Bank S.A.K., Gulf Insurance Company K.S.C. and United Gulf Bank B.S.C.;