Direct Parent definition
Examples of Direct Parent in a sentence
The Notes shall be guaranteed by the Indirect Parent and the Direct Parent.
Except in respect of the lease ---------------------------------- noted in Section 6.11 hereof, neither the Company, Indirect Parent, First Intermediary Parent, Second Intermediary Parent, nor Direct Parent is a party to any guaranty, and no Person is a party to any guaranty, for the benefit of the Company.
The obligations of the Purchaser Direct Parent under this Section 11.17 are absolute and unconditional in respect of satisfying the Purchaser Direct Parent Guaranteed Obligations and shall be enforceable against the Purchaser Direct Parent to the same extent as if the Purchaser Direct Parent were the primary obligor (and not merely a surety) under this Agreement and the other Ancillary Agreements.
Must be enrolled in at least 6 credits for the term the loan is requested.* • Federal Direct Parent Loans for Undergraduate Students (PLUS): The student’s parents may be eligible to borrow a PLUS Loan up to the cost of attendance (COA) minus any federal aid received.
As used herein, the capitalized term Sale shall also include any sale, conveyance, assignment or other transfer, whether as a result of a single or multiple transactions that result in a Change of Control of any Direct Parent of an Owner.