Intermediate Subsidiaries definition

Intermediate Subsidiaries has the meaning set forth in the Cash Distribution Policy.
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Intermediate Subsidiaries means the Green Intermediate Subsidiary, the Triboro Intermediate Subsidiary and the Jamaica Intermediate Subsidiary.
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Intermediate Subsidiaries has the meaning set forth in the Cash Distribution Policy. “Investment Company Act” means the U.S. Investment Company Act of 1940, as amended, supplemented or restated from time to time, and any successor to such statute, and the rules or regulations promulgated thereunder. “Investment Fund” means any Person or managed account controlled or advised by an Oaktree Operating Group Member that was or is organized or formed primarily for the purpose of investing funds contributed to such Person or account by one or more third parties that are not Affiliates of the Company. “JAMS” has the meaning assigned to such term in Section 14.13. “Joint Director” has the meaning assigned to such term in Section 6.3(b).
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Examples of Intermediate Subsidiaries in a sentence

  • Except for the Non-Debtor Subsidiaries, all of the Asset Transferring Subsidiaries and Intermediate Subsidiaries are Debtors.

  • The Company shall, and shall cause each of its Intermediate Subsidiaries, the Oaktree Operating Group Members and each of their respective Subsidiaries to, comply with the terms of the Cash Distribution Policy.

  • Notwithstanding the foregoing, it shall not be an Event of Default under this subsection (i) if one or more Subsidiaries that are not Loan Parties or Intermediate Subsidiaries and that have Equity Values in an aggregate amount less than $50,000,000 is subject to any of the processes described in this subsection (i) so long as the applicable processes have not and will not result in liability to the Borrower, the other Loan Parties and the Intermediate Subsidiaries in excess of $25,000,000 in the aggregate.

  • All of the outstanding Equity Interests in each Borrowing Base Entity and each Intermediate Subsidiary have been validly issued, are fully paid and nonassessable and are owned directly or indirectly through one or more Intermediate Subsidiaries by the Borrower free and clear of all Liens (other than Liens permitted by Section 6.01).

  • To the extent that these transactions are not otherwise exempt under the Act or the rules thereunder, PHI hereby requests authorization under the Act to consolidate or otherwise reorganize under one or more direct or indirect Intermediate Subsidiaries, PHI's ownership in existing and future Nonutility Subsidiaries.