Domestic Subsidiary definition
Examples of Domestic Subsidiary in a sentence
Notwithstanding anything to the contrary contained in this Section 6.01 and except as permitted under Section 6.01(k), no Non-Subsidiary Guarantor may incur Indebtedness from the Borrower, any Domestic Subsidiary Guarantor or any Canadian Guarantor.
Each Lender shall promptly notify the Company and any relevant Domestic Subsidiary Borrower at any time it determines that it is no longer in a position to provide any previously delivered certificate to the Company (and any other form of certification adopted by the U.S. taxing authorities for such purpose).
As of the Closing Date, the Company and each Principal Domestic Subsidiary own, or are licensed to use, all United States Intellectual Property necessary for the operation of their respective businesses as currently conducted and as proposed to be conducted, except where the failure to own or be licensed would not reasonably be expected to have a Material Adverse Effect.