Future Subsidiaries definition

Future Subsidiaries mean a Subsidiary or those Subsidiaries, respectively, which are not currently a party to this Agreement in the capacity as a Present Subsidiary or Present Subsidiaries.
Future Subsidiaries has the meaning provided in Section 6.1(i).

Examples of Future Subsidiaries in a sentence

  • Section 10.1 Conflicting Agreements 28 Section 10.2 Termination 28 Section 10.3 Interest on Late Payments 28 Section 10.4 Specific Performance 28 Section 10.5 Successors 29 Section 10.6 Application to Present and Future Subsidiaries 29 Section 10.7 Assignability 29 Section 10.8 No Fiduciary Relationship 29 Section 10.9 No Duplication; No Double Recovery.

  • Collateral Documents --------------------------------------------------------------------------- by Certain Subsidiaries and Future Subsidiaries.

  • Execution of Subsidiary Guaranty and Personal Property Collateral Documents by Certain Subsidiaries and Future Subsidiaries; IP Collateral.

  • The Borrower will not, and will not permit any of its Subsidiaries, other than Excluded Future Subsidiaries, to, directly or indirectly, make or hold any Investment in any Person (whether in cash, securities or other property of any kind) other than Permitted Investments.

  • The Borrower will not, and will not permit any of its Subsidiaries, other than Excluded Future Subsidiaries, to, make any loan or otherwise advance any credit to any Person, except for loans and advances (i) constituting Permitted Investments and (ii) made in the ordinary course of business in an amount not exceeding $50,000 as to any Person, and $250,000 as to all Persons, outstanding at any one time.

  • Enron and PGE shall make available, and Enron and/or PGE shall cause the Present and Future Subsidiaries to make available, to Enron all materials (including, without limitation, returns, supporting schedules, work papers, correspondence, and other documents) relating to the Consolidated Returns filed for the taxable years during which this Agreement was in effect during regular business hours for a period that is not less than the applicable Federal record retention requirement period.

  • Property Collateral Documents by Certain Subsidiaries and Future Subsidiaries; IP Collateral..................................

  • The Company shall cause each of its future direct and indirect Subsidiaries (the "Future Subsidiaries") to become a party to this Agreement and the Guarantee, Pledge and Security Agreement, such that each Future Subsidiary will become a Subsidiary Guarantor under this Agreement and the Guarantee, Pledge and Security Agreement and be subject to all the conditions of this Agreement and the Guarantee, Pledge and Security Agreement applicable to Subsidiary Guarantors.

  • The Company will cause all of its future direct and indirect subsidiaries (the "Future Subsidiaries") to become a party to this Agreement, such that each Future Subsidiary will become a Subsidiary Guarantor under this Agreement and be subject to the all the conditions of this Agreement applicable to Subsidiary Guarantors.

  • PROPERTY COLLATERAL Documents by Certain Subsidiaries and Future Subsidiaries.

Related to Future Subsidiaries

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.