local subsidiary definition

local subsidiary means any subsidiary body that is not a foreign subsidiary.
local subsidiary. [name Local Subsidiary] c/o Asia Global Crossing Ltd. as set forth above. 143 5
local subsidiary means PT Solusi Pengiriman Indonesia.

More Definitions of local subsidiary

local subsidiary has the meaning given to such term in Clause 24.27 (Local Accounts and Local Subsidiaries).
local subsidiary means each of the India Subsidiary, the China Subsidiary, the Vietnam Subsidiary and the Japan Subsidiary.
local subsidiary means each Subsidiary of the Company listed under the heading "Name of Borrower and Address for Notices" on Schedule III hereto (as such Schedule III may be or may be deemed to be amended, supplemented or otherwise modified from time to time) and each other Subsidiary of the Company which is designated as a "Local Subsidiary" in accordance with the provisions of subsection 8.5; provided that, in each case in which there is more than one Subsidiary of the Company listed for any jurisdiction under the heading "Local Subsidiaries," the term "Local Subsidiary" shall be the collective reference to such Subsidiaries.
local subsidiary means each of the India Subsidiary, the China Subsidiary, the Vietnam Subsidiary and the Japan Subsidiary. “Material Adverse Effect” means any change in, effect on or set of circumstances (regardless of whether foreseeable at the time of the

Related to local subsidiary

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • 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.

  • Principal Subsidiary Bank means any Subsidiary which is a Bank and has total assets equal to 30 percent or more of the consolidated assets of the Company determined as of the date of the most recent audited financial statements of such entities.

  • Domestic Subsidiary means any Subsidiary that is organized under the laws of the United States, any state thereof or the District of Columbia.