{"component": "definition", "props": {"groups": [{"samples": [{"hash": "lpH1VA2H6M3", "uri": "/contracts/lpH1VA2H6M3#eligible-subsidiary", "label": "Security and Purchase Agreement (Miscor Group, Ltd.)", "score": 21.0, "published": true}, {"hash": "lMrMCTvQN5I", "uri": "/contracts/lMrMCTvQN5I#eligible-subsidiary", "label": "Security Agreement (Accentia Biopharmaceuticals Inc)", "score": 21.0, "published": true}, {"hash": "l7kIdqwKCFl", "uri": "/contracts/l7kIdqwKCFl#eligible-subsidiary", "label": "Security and Purchase Agreement (Stockeryale Inc)", "score": 21.0, "published": true}], "snippet": "means each Subsidiary of the Parent set forth on Exhibit A hereto, as the same may be updated from time to time with Laurus\u2019 written consent.", "size": 59, "snippet_links": [{"key": "subsidiary-of", "type": "definition", "offset": [11, 24]}, {"key": "the-parent", "type": "definition", "offset": [25, 35]}, {"key": "exhibit-a", "type": "definition", "offset": [49, 58]}, {"key": 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"snippet": "means each of the Company\u2019s Subsidiaries, except as the Administrator otherwise specifies.", "size": 22, "snippet_links": [{"key": "of-the-company", "type": "clause", "offset": [11, 25]}, {"key": "the-administrator", "type": "clause", "offset": [52, 69]}], "hash": "5f037322add9b0f333e65d31a7be44f4", "id": 4}, {"samples": [{"hash": "4MsET8t82XV", "uri": "/contracts/4MsET8t82XV#eligible-subsidiary", "label": "Credit Agreement (RLJ Lodging Trust)", "score": 37.1314163208, "published": true}, {"hash": "6OLzhZkTp7R", "uri": "/contracts/6OLzhZkTp7R#eligible-subsidiary", "label": "Credit Agreement (RLJ Lodging Trust)", "score": 35.7460632324, "published": true}, {"hash": "mUCcj3by6l", "uri": "/contracts/mUCcj3by6l#eligible-subsidiary", "label": "Credit Agreement (RLJ Lodging Trust)", "score": 32.4387397766, "published": true}], "snippet": "means (a) all existing and future Subsidiaries of the Parent Guarantor (other than Excluded Subsidiaries) and (b) each Subsidiary of the 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Each such Election to Participate and Election to Terminate shall be duly executed on behalf of such Wholly-Owned Consolidated Subsidiary and the Company in such number of copies as the Administrative Agent may request. If at any time a Subsidiary theretofore designated as an Eligible Subsidiary no longer qualifies as a Wholly-Owned Consolidated Subsidiary, the Company shall cause to be delivered to the Administrative Agent an Election to Terminate terminating the status of such Subsidiary as an Eligible Subsidiary. The delivery of an Election to Terminate shall not affect any obligation of an Eligible Subsidiary theretofore incurred or the Company\u2019s guarantee thereof. The Administrative Agent shall promptly give notice to the Lenders of the receipt of any Election to Participate or Election to Terminate.", "size": 13, "snippet_links": [{"key": "consolidated-subsidiary", "type": "definition", "offset": [23, 46]}, {"key": "the-laws", "type": "definition", "offset": [63, 71]}, {"key": "approved-jurisdiction", "type": "definition", "offset": [78, 99]}, {"key": "election-to-participate", "type": "clause", "offset": [119, 142]}, {"key": "the-administrative-agent", "type": "definition", "offset": [172, 196]}, {"key": "election-to-terminate", "type": "definition", "offset": [221, 242]}, {"key": "with-respect-to", "type": "clause", "offset": [243, 258]}, {"key": "on-behalf-of", "type": "definition", "offset": [430, 442]}, {"key": "company-in", "type": "clause", "offset": [493, 503]}, {"key": "number-of-copies", "type": "clause", "offset": [509, 525]}, {"key": "at-any-time", "type": "clause", "offset": [570, 581]}, {"key": "an-eligible", "type": "clause", "offset": [621, 632]}, {"key": "the-company-shall", "type": "clause", "offset": [707, 724]}, {"key": "status-of", "type": "clause", "offset": [816, 825]}, {"key": "delivery-of", "type": "clause", "offset": [873, 884]}, {"key": "agent-shall", "type": "definition", "offset": [1044, 1055]}, {"key": "notice-to-the-lenders", "type": "clause", "offset": [1070, 1091]}, {"key": "receipt-of", "type": "clause", "offset": [1099, 1109]}], "hash": "51a6814a8191683af7106a8043ab9ad1", "id": 8}, {"samples": [{"hash": "lqixeoI9R4v", "uri": "/contracts/lqixeoI9R4v#eligible-subsidiary", "label": "Credit Agreement (Macdermid Inc)", "score": 18.0, "published": true}, {"hash": "iQW1fQVXE9Z", "uri": "/contracts/iQW1fQVXE9Z#eligible-subsidiary", "label": "Credit Agreement (Macdermid Inc)", "score": 18.0, "published": true}, {"hash": "O8P1Rc9NX3", "uri": "/contracts/O8P1Rc9NX3#eligible-subsidiary", "label": "Credit Agreement (Lincoln Electric Co)", "score": 18.0, "published": true}], "snippet": "means any Wholly-Owned Consolidated Subsidiary of the Company as to which an Election to Participate shall have been delivered to the Agent and as to which an Election to Terminate shall not have been delivered to the Agent. Each such Election to Participate and Election to Terminate shall be duly executed on behalf of such Wholly-Owned Consolidated Subsidiary and the Company in such number of copies as the Agent may request. The delivery of an Election to Terminate shall not affect any obligation of an Eligible Subsidiary theretofore incurred. The Agent shall promptly give notice to the Banks of the receipt of any Election to Participate or Election to Terminate.", "size": 13, "snippet_links": [{"key": "subsidiary-of-the-company", "type": "clause", "offset": [36, 61]}, {"key": "election-to-participate", "type": "clause", "offset": [77, 100]}, {"key": "election-to-terminate", "type": "definition", "offset": [159, 180]}, {"key": "on-behalf-of", "type": "definition", "offset": [308, 320]}, {"key": "company-in", "type": "clause", "offset": [371, 381]}, {"key": "number-of-copies", "type": "clause", "offset": [387, 403]}, {"key": "the-agent-may", "type": "clause", "offset": [407, 420]}, {"key": "delivery-of", "type": "clause", "offset": [434, 445]}, {"key": "an-eligible", "type": "clause", "offset": [506, 517]}, {"key": "the-agent-shall", "type": "clause", "offset": [551, 566]}, {"key": "notice-to-the-banks", "type": "clause", "offset": [581, 600]}, {"key": "receipt-of", "type": "clause", "offset": [608, 618]}], "hash": "c3255b2824ea64bdbc71076621809495", "id": 9}, {"samples": [{"hash": "honUqtLqqtm", "uri": "/contracts/honUqtLqqtm#eligible-subsidiary", "label": "364 Day Credit Agreement (Servicemaster Co)", "score": 18.0, "published": true}, {"hash": "g7uXsaYruZY", "uri": "/contracts/g7uXsaYruZY#eligible-subsidiary", "label": "Credit Agreement (Servicemaster Co)", "score": 18.0, "published": true}, {"hash": "foIwxGXGdK8", "uri": "/contracts/foIwxGXGdK8#eligible-subsidiary", "label": "Credit Agreement (Servicemaster LTD Partnership)", "score": 18.0, "published": true}], "snippet": "means any Subsidiary of the Company as to which an Election to Participate shall have been delivered to the Agents and as to which an Election to Terminate shall not have been delivered to the Agents. Each such Election to Participate and Election to Terminate shall be duly executed on behalf of such Subsidiary and the Company. The delivery of an Election to Terminate with respect to an Eligible Subsidiary shall not affect any obligation of such Eligible Subsidiary theretofore incurred. The Administrative Agent shall promptly give notice to the Lenders of the receipt of any Election to Participate or Election to Terminate.", "size": 11, "snippet_links": [{"key": "subsidiary-of-the-company", "type": "clause", "offset": [10, 35]}, {"key": "election-to-participate", "type": "clause", "offset": [51, 74]}, {"key": "the-agents", "type": "definition", "offset": [104, 114]}, {"key": "election-to-terminate", "type": "definition", "offset": [134, 155]}, {"key": "on-behalf-of", "type": "definition", "offset": [284, 296]}, {"key": "and-the-company", "type": "clause", "offset": [313, 328]}, {"key": "delivery-of", "type": "clause", "offset": [334, 345]}, {"key": "an-eligible", "type": "clause", "offset": [387, 398]}, {"key": "subsidiary-shall", "type": "definition", "offset": [399, 415]}, {"key": "agent-shall", "type": "definition", "offset": [511, 522]}, {"key": "notice-to-the-lenders", "type": "clause", "offset": [537, 558]}, {"key": "receipt-of", "type": "clause", "offset": [566, 576]}], "hash": "aee62b804b5dac1a6e5d44be7a9c5796", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIcZWxpZ2libGUtc3Vic2lkaWFyeSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means each Subsidiary of the Parent set forth on Exhibit A hereto, as the same may be updated from time to time with Laurus\u2019 written consent.", "size": 454, "title": "Eligible Subsidiary", "id": "eligible-subsidiary", "examples": ["The Lenders and the L/C Issuer irrevocably authorize the Administrative Agent, at its option and in its discretion, to release any Guarantor from its obligations under the Guaranty if such Person ceases to be an <strong>Eligible Subsidiary</strong> described in clause (a) of the definition thereof as a result of a transaction permitted hereunder.", "As of the Closing Date, the Borrower has no Subsidiaries other than those specifically disclosed in Part (a) of Schedule 5.13, all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the amounts specified on Part (a) of Schedule 5.13 free and clear of all Liens, and Part (a) of Schedule 5.13 indicates whether each such Subsidiary is an <strong>Eligible Subsidiary</strong>."], "related": [["subsidiary", "Subsidiary", "Subsidiary"], ["non-us-subsidiary", "Non-U.S. Subsidiary", "Non-U.S. Subsidiary"], ["ore-subsidiary", "ORE Subsidiary", "ORE Subsidiary"], ["inactive-subsidiary", "Inactive Subsidiary", "Inactive Subsidiary"], ["jv-subsidiary", "JV Subsidiary", "JV Subsidiary"]], "related_snippets": [], "updated": "2026-05-13T04:23:52+00:00"}, "json": true, "cursor": ""}}