Domestic Restricted Subsidiary definition

Domestic Restricted Subsidiary means a Restricted Subsidiary incorporated or otherwise organized or existing under the laws of the United States, any state thereof or any territory or possession of the United States.

Domestic Restricted Subsidiary means any Domestic Subsidiary that is a Restricted Subsidiary.

Domestic Restricted Subsidiary means a Restricted Subsidiary incorporated or otherwise organized under the laws of the United States, any State thereof or the District of Columbia.

Examples of Domestic Restricted Subsidiary in a sentence

• Thereafter, such Domestic Restricted Subsidiary shall be a Guarantor for all purposes of this Indenture.

• The Company or any Domestic Restricted Subsidiary also may, without equally and ratably securing the Notes, create or incur Liens that extend, renew, substitute or replace (including successive extensions, renewals, substitutions or replacements), in whole or in part, any Lien permitted pursuant to the preceding sentence.

• The Company will not permit any of its Domestic Restricted Subsidiaries that are not Guarantors to issue any Preferred Stock (other than to the Company or to a Wholly Owned Restricted Subsidiary of the Company) or permit any Person (other than the Company or a Wholly Owned Restricted Subsidiary of the Company) to own any Preferred Stock of any Domestic Restricted Subsidiary of the Company that is not a Guarantor.

• For example, and for avoidance of doubt, in the case where more than one Domestic Restricted Subsidiary incurs Specified Indebtedness or otherwise becomes liable for such Specified Indebtedness (including by virtue of providing a guarantee or acting as account party for a letter of credit, banker’s acceptance or similar arrangement to secure such Indebtedness), the amount of such Specified Indebtedness shall only be included once for purposes of such calculations.

• The Company shall cause each Person that is or becomes a Domestic Restricted Subsidiary to execute and deliver to the Trustee a supplemental indenture pursuant to which such Domestic Restricted Subsidiary will fully and unconditionally guarantee payment of the Notes on the terms and conditions set forth in Article 10 hereof.

More Definitions of Domestic Restricted Subsidiary

Domestic Restricted Subsidiary means any Restricted Subsidiary other than a Foreign Subsidiary.

Domestic Restricted Subsidiary means, with respect to any Person, any Subsidiary of such Person that is organized or existing under the laws of the United States, any state thereof or the District of Columbia, other than any such Subsidiary that is owned (directly or indirectly) by a Foreign Subsidiary of such Person.

Domestic Restricted Subsidiary means any Restricted Subsidiary that is not a Foreign Subsidiary.

Domestic Restricted Subsidiary means any Restricted Subsidiary of the Company formed under the laws of the United States or any state of the United States or the District of Columbia.

Domestic Restricted Subsidiary means any Restricted Subsidiary formed under the laws of, or 50% or more of the assets of which are located in, the United States of America or any jurisdiction thereof.

Domestic Restricted Subsidiary means any Restricted Subsidiary of the Company other than a Restricted Subsidiary that is (1) a “controlled foreign corporation” under Section 957 of the Internal Revenue Code (a) whose primary operating assets are located outside the United States and (b) that is not subject to tax under Section 882(a) of the Internal Revenue Code because of a trade or business within the United States or (2) a Subsidiary of an entity described in the preceding clause (1).

Domestic Restricted Subsidiary means (1) each Restricted Subsidiary organized or existing under the laws of the United States, any state thereof or the District of Columbia and (2) any other Restricted Subsidiary that guarantees any Indebtedness under the Credit Agreement.