Manager Subsidiary definition

Manager Subsidiary means any direct or indirect Subsidiary of the Borrower that is a special purpose entity (i) that is formed for the purpose of holding Equity Interests in an Investment Fund Subsidiary and (ii) the assets of which consist solely of Equity Interests in Investment Fund Subsidiaries. A Subsidiary may be both a Manager Subsidiary and a Financing Subsidiary.
Sample 1
Manager Subsidiary means a special purpose vehicle and directly or indirectly wholly-owned subsidiary of the Borrower that (a) with respect to each Tax Equity Structure (other than an Inverted Lease Structure) and Other Financed Structure, has a direct Equity Interest in the entity that is party to each Customer Agreement related to such Tax Equity Structure or Other Financed Structure and that is entitled to receive the payments to be made by such Generation Consumer under each such Customer Agreement, (b) with respect to each Inverted Lease Structure, has a direct Equity Interest in the entity that owns each Generation
Sample 1
Manager Subsidiary means any corporation, limited liability company, limited partnership or other entity that is directly or indirectly wholly owned by the Manager.
Sample 1

Examples of Manager Subsidiary in a sentence

  • Other positions held within Plexus included Manager, Subsidiary Controller and Corporate Controller.

  • The business of each of the Manager and the Manager Subsidiary has during the last two years been operated in all material respects in accordance with applicable material Laws.

  • Section 3.18 of the Manager Disclosure Schedule sets forth a complete and correct list of all policies held by for the benefit of the Manager or the Manager Subsidiary as of the date hereof and a brief description of the coverage provided by such insurance policies.

  • No claim has been made by a Tax Authority in a jurisdiction where Tax Returns are not filed by the Manager or the Manager Subsidiary that the Manager or the Manager Subsidiary is or may be subject to taxation by that jurisdiction.

  • Immediately following the Closing, none of SLGOP or any of its Affiliates will own or lease any assets or properties (other than Parent’s lease of its office in New York, NY from SLG) that are used in or are necessary for the conduct of the business consistent with past practice of the Manager or the Manager Subsidiary.

  • All commitments and/or obligations of the Manager or the Manager Subsidiary to pay any Employee or any other Person any form of compensation (whether base compensation, bonus, benefits, severance or other termination payments) are set forth in the Plans or other documents listed on Section 3.11(a) of the Manager Disclosure Schedule.

  • Untrue and malicious allegations of harassment under this policy will be subject to disciplinary action and may be subject to legal action.

  • There are no claims, suits, proceedings, actions, investigations, oppositions, challenges or cancellation proceedings pending or, to the Knowledge of the Manager, threatened against or affecting any of the Manager or the Manager Subsidiary or relating to or affecting any of their respective properties or assets that, if adversely determined, would reasonably be expected to result in a Manager Material Adverse Effect.

  • Each of the Manager and the Manager Subsidiary has good, valid and marketable title to all of its assets and properties, free and clear of all Encumbrances (other than Permitted Encumbrances).

  • None of the Manager, the Manager Subsidiary or any of their Affiliates is in violation of or is being operated in violation of the terms of any Manager Permit, except for such violations which would not reasonably be expected to have a Manager Material Adverse Effect.


More Definitions of Manager Subsidiary

Manager Subsidiary means a special purpose vehicle and directly or indirectly wholly-owned subsidiary of the Borrower that (a) with respect to each Tax Equity Structure (other than an Inverted Lease Structure) and Other Financed Structure, has a direct Equity Interest in the entity that is party to each Customer Agreement related to such Tax Equity Structure or Other Financed Structure and that is entitled to receive the payments to be made by such Generation Consumer under each such Customer Agreement, (b) with respect to each Inverted Lease Structure, has a direct Equity Interest in the entity that owns each Generation [***] DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE COMMISSION. System related to such Inverted Lease Structure and that is the lessor entitled to receive rent payments under the lease agreement from the entity that is party to each Customer Agreement related to such Inverted Lease Structure and (c) with respect to each Other Non-Financed Structure, is Vivint Solar Owner I, LLC or another special purpose vehicle directly or indirectly wholly-owned by Borrower related to an Other Non-Financed Structure.
Sample 1

Related to Manager Subsidiary

  • Seller Affiliate means any Affiliate of Seller.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

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

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Company Subsidiary means a Subsidiary of the Company.

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Seller Parent has the meaning set forth in the Preamble.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • 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.

  • 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.

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

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Acquired Entities means the Company and the Company Subsidiaries.

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

  • Partnership Group Member means any member of the Partnership Group.

  • Transferred Entities means the entities set forth on Schedule 1.5.

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

  • 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.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • 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.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.