Included Subsidiary definition

Included Subsidiary means any Subsidiary that is not an Excluded Subsidiary.
Included Subsidiary means an entity that (i) is a disregarded entity for federal income tax purposes and
Included Subsidiary means each Subsidiary other than the Excluded Subsidiary, provided that the term "Included Subsidiary" shall mean all Subsidiaries from and after such time that the Excluded Subsidiary has been designated an Included Subsidiary (which designation shall be irrevocable) pursuant to the provisions and in accordance with the terms of Section 11.12.

Examples of Included Subsidiary in a sentence

  • For purposes hereof, “Eligible Receivables” shall mean all trade generated accounts receivable then outstanding for services and for goods, merchandise and other items of tangible Property (collectively, “Products”) sold in the ordinary course of business by the Borrower or any Included Subsidiary.

  • Schedule "3" hereto contains an accurate list of all Subsidiaries of the Borrower as of the date of this Agreement, setting forth their respective jurisdictions of incorporation and the percentage of their respective capital stock owned by the Borrower or other Subsidiaries and whether such Subsidiary is an Included Subsidiary or an Excluded Subsidiary.

  • Metro Connector, Jackson, MS and (ii) a sale of real or personal property made for cash consideration in an amount not less than the cost of such real or personal property and consummated within 90 days after the Parent Guarantor or any Included Subsidiary acquires or completes the construction of such property.

  • Notwithstanding the foregoing, nothing set forth herein shall preclude Borrower or any Included Subsidiary from disposing of 100% of its equity interest in any Subsidiary in compliance with the requirements of Section 7.03 of this Agreement, provided that following such sale Borrower or such Included Subsidiary shall not have any further Guarantee liability in respect of such former Subsidiary.

  • The Borrower will not, nor will it permit any Included Subsidiary to, merge or consolidate with or into any other Person, except that an Included Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary which is also an Included Subsidiary.


More Definitions of Included Subsidiary

Included Subsidiary means any Subsidiary of SunOpta, which at any time has assets or revenues of greater than or equal to $100,000. For greater certainty, the term “Included Subsidiary” shall not include any Person which is designated as an Excluded Subsidiary in accordance with the provisions of this Agreement.
Included Subsidiary means a Subsidiary of Borrower that is a party to this Agreement on the Closing Date or that becomes a party to this Agreement after the Closing Date.
Included Subsidiary means and includes each Subsidiary that has satisfied the following conditions:
Included Subsidiary each Subsidiary of the Borrower other than Electro for so long as Electro has outstanding any Indebtedness which prohibits the guarantee of the Loans by Electro.
Included Subsidiary means, for any Loan Party, each Subsidiary of such Loan Party (other than any Unrestricted Subsidiary of such Loan Party).