Eligible Subsidiaries definition

Eligible Subsidiaries means the Wholly Owned Domestic Subsidiaries and Vistra Preferred Inc. and each of its Wholly Owned Domestic Subsidiaries.
Eligible Subsidiaries means the Wholly Owned Domestic Subsidiaries.
Eligible Subsidiaries means Eligible UK Subsidiaries and Eligible US Subsidiaries.

Examples of Eligible Subsidiaries in a sentence

  • If this Agreement fails to meet the requirements of Section 409A, neither the Company nor any of its Eligible Subsidiaries shall have any liability for any tax, penalty or interest imposed on the Participant by Section 409A, and the Participant shall have no recourse against the Company or any of its Eligible Subsidiaries for payment of any such tax, penalty or interest imposed by Section 409A.

  • In addition, the Participant also agrees to take any and all actions, and consent to any and all actions taken by the Company and its Eligible Subsidiaries, as may be required to allow the Company and its Eligible Subsidiaries to comply with local laws, rules and regulations in the Participant's country of residence (and country of employment, if different).

  • In addition, the Optionee also agrees to take any and all actions, and consent to any and all actions taken by the Company and its Eligible Subsidiaries, as may be required to allow the Company and its Eligible Subsidiaries to comply with local laws, rules and regulations in the Optionee's country of residence (and country of employment, if different).

  • In addition, the Participant also agrees to take any and all actions, and consent to any and all actions taken by the Company and its Eligible Subsidiaries, as may be required to allow the Company and its Eligible Subsidiaries to comply with local laws, rules and regulations in the Participant’s country of residence (and country of employment, if different).

  • If this Agreement fails to meet the requirements of Section 409A, neither the Company nor any of its Eligible Subsidiaries shall have any liability for any tax, penalty or interest imposed on the Optionee by Section 409A, and the Optionee shall have no recourse against the Company or any of its Eligible Subsidiaries for payment of any such tax, penalty or interest imposed by Section 409A.


More Definitions of Eligible Subsidiaries

Eligible Subsidiaries means You or any company in which You directly or indirectly own or control at least fifty percent (50%) of the outstanding voting shares or securities, and in which You maintain effective management and control, and companies registered in jurisdictions where fifty percent (50%) foreign ownership is not permitted, in which You directly or indirectly own or control at least forty-five percent (45%) of the outstanding voting shares or securities and over which You otherwise have effective management control, in all cases excluding companies who are ineligible to receive products or services under U.S. export control or trade embargo laws, rules and regulations.
Eligible Subsidiaries means all Acquired Entities treated as corporations for U.S. federal Income Tax purposes. “Section 338(h)(10) Subsidiaries” means, collectively, each Section 338(h)(10) Eligible Subsidiary with respect to which Buyer elects to make a Section 338(h)(10) Election pursuant to Section 5.16(g)(i).
Eligible Subsidiaries means, collectively, (a) Furash, (b) Whitney Partners, (c) HCSS, (d) Irene Cohen, (e) CSA, (f) CTS, (g) Headway Personnel, (h) ▇▇▇, (▇) ▇▇A, and any other Subsidiary which executes and delivers to the Agent a Subsidiary Note, a joinder in all appropriate Security Documents and such other documents as the Lenders may require.
Eligible Subsidiaries means (a) in the case of K*TEC, Suntron GCO and any other Wholly-Owned Subsidiary of K*TEC that is a Loan Party and whose designation as an "Eligible Subsidiary" has been approved by the Administrative Agent in its sole discretion exercised reasonably and (b) in the case of EFTC, RMEI and any other Wholly-Owned AMENDED AND RESTATED CREDIT AGREEMENT SUNTRON CORPORATION Subsidiary of EFTC that is a Loan Party and whose designation as an "Eligible Subsidiary" has been approved by the Administrative Agent in its sole discretion exercised reasonably.
Eligible Subsidiaries means Netinact PTY, organized under the laws of Australia, and Netinact AB, organized under the laws of Sweden, both of which are wholly-owned Subsidiaries of Borrower.
Eligible Subsidiaries means Essential and, upon approval by Laurus and the acquisition thereof by the Company, any Target Company, and any one them an "Eligible Subsidiary".
Eligible Subsidiaries means (a) in the case of K*TEC, RandiC and any other Wholly-Owned Subsidiary of K*TEC that is a Loan Party and whose designation as an "Eligible Subsidiary" has been approved by the Administrative Agent in its sole discretion exercised reasonably and (b) in the case of EFTC (from and after the EFTC Joinder Date), RMEI and any other Wholly-Owned Subsidiary of EFTC that is a Loan Party and whose designation as an "Eligible Subsidiary" has been approved by the Administrative Agent in its sole discretion exercised reasonably.