Lessee Subsidiary definition

Lessee Subsidiary means a subsidiary of the Lessee.
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Lessee Subsidiary which shall mean "a company which is a subsidiary whether directly or indirectly of the Lessee";
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Lessee Subsidiary. Subsidiary" and "Subsidiaries" and "New Term Loan" are added which read, as follows:
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Examples of Lessee Subsidiary in a sentence

  • Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, all Taxes that Lessee, each Lessee Subsidiary, Management or Management Sub are or were required to withhold or collect have been duly withheld or collected and, to the extent required, have been paid to the appropriate governmental authority.

  • Except as set forth on Schedule 3.1(v), none of Management, Management Sub, Lessee or any Lessee Subsidiary nor the officers, directors or employees thereof have employed any broker or finder or incurred any other Liability for any brokerage fees, commissions or finders' fees in connection with the Transactions.

  • The Liquor Licenses are adequate for the operation of the business conducted by Management, Management Sub, Lessee and each Lessee Subsidiary consistent with past practice.

  • None of Management, Management Sub, Lessee or any Lessee Subsidiary owns a fee interest in any real property, and none Management, Management Sub or Lessee has owned a fee interest in any real property since April 1, 1989.

  • Schedule 3.1(t) sets forth each agreement or arrangement between Lessee, any Lessee Subsidiary, Management and Management Sub, on the one hand, and Alter, Biederman, Sunstone, Sunstone OP, or any other Affiliate of Lessee, any Lessee Subsidiary, Management or Management Sub, or any officers, directors, or holders of more than a 10% equity interest in any of the foregoing, on the other hand in excess of $100,000.

  • As of the date hereof, the insurance policies maintained with respect to each of Management, Management Sub, Lessee and each Lessee Subsidiary and their respective businesses, assets and properties (the "Insurance Policies") are listed in Schedule 3.1(u).

  • Except as set forth on Schedule 3.1(j)(iii), as of the date hereof, none of Management, Lessee or any Lessee Subsidiary has entered into any agreement to sell, transfer, mortgage, lease, grant any preferential right to purchase (including but not limited to any option, right of first refusal or right of first negotiation) with respect to, or otherwise dispose of or encumber all or any portion of their respective interest in, the Leased Real Property.

  • The Liquor Licenses are legal, valid and binding obligations of Lessee, each Lessee Subsidiary, Management and Management Sub, as applicable, and to the Knowledge of Lessee, Management or Management Sub, as applicable, each other party thereto, enforceable in accordance with their terms.

  • Each of Management, Management Sub, Lessee and each Lessee Subsidiary maintain policies of fire, flood and casualty, liability and other forms of insurance in such amounts, with such deductibles and against such risks and losses as are reasonable for the businesses, properties and assets of Management, Management Sub, Lessee and the Lessee Subsidiaries.

  • Schedule 3.1(j)(vi) sets forth, as of the date hereof, the Liquor Licenses for the businesses conducted by Management, Management Sub, Lessee and any Lessee Subsidiary, all of which are held in the names as set forth on Schedule 3.1(j)(vi).


More Definitions of Lessee Subsidiary

Lessee Subsidiary means, with respect to a Financed Property, the Restricted Subsidiary party as a lessee to the Lease associated with such Financed Property.
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Related to Lessee Subsidiary

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • 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.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • subsidiary entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Securitization Subsidiary means any Subsidiary in each case formed for the purpose of and that solely engages in one or more Qualified Securitization Financings and other activities reasonably related thereto.

  • License Subsidiary has the meaning assigned to such term in Section 6.11.

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Finance Subsidiary means a wholly owned subsidiary that is formed for the purpose of borrowing funds or issuing securities and lending the proceeds to the Issuer or a Guarantor and that conducts no business other than as may be reasonably incidental to, or related to, the foregoing.

  • Regulated Subsidiary means any Subsidiary that is (a) a Broker-Dealer Subsidiary, (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement imposed by such Governmental Authority and applicable to it or (c) subject to regulation by any Regulatory Supervising Organization.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Restricted Subsidiary means any Subsidiary of the Company other than an Unrestricted Subsidiary.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary that is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Non-Guarantor Subsidiary means any Restricted Subsidiary that is not a Guarantor.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.