Minor Subsidiaries definition

Minor Subsidiaries means those Subsidiaries of Crompton Corp. listed on Schedule III hereto.
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Minor Subsidiaries means, both individually and together, each entity that is listed under the heading "Minor Subsidiary" on Schedule 3.4(a) to the Schedule of Exceptions; (ii) the term "MAJOR SUBSIDIARIES" means, both individually and together, each entity (A) in which the Company, directly or indirectly, owns or holds more than 50% of the outstanding equity interests, (B) which is consolidated in the Financial Statements (as defined below), or (C) of which the Company, directly or indirectly, has the ability or power to elect a majority of the directors (or individuals performing similar functions), other than (1) the Minor Subsidiaries and (2) NextNet Wireless, Inc. (to the extent that it is sold prior to the date of the Closing); and (iii) the term "SUBSIDIARIES" means, both individually and together, the Minor Subsidiaries and the Major Subsidiaries. For the purposes of this Agreement, the terms "knowledge", "known", "believe", "aware" or any similar term when referring to the Company and/or any of its Subsidiaries shall mean the knowledge, information and/or belief, formed after making reasonable inquiry, of the Company's co-Chief Executive Officers, co-Presidents, Chief Operating Officer, and Chief Financial Officer.
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Minor Subsidiaries means all Restricted Subsidiaries other than the Major Subsidiaries.
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Examples of Minor Subsidiaries in a sentence

  • Conduct, and cause each of its Subsidiaries to conduct, all transactions otherwise permitted under the Loan Documents with any of their Affiliates other than wholly owned Subsidiaries (except the Minor Subsidiaries) of Crompton Corp.

  • The persons receiving compulsory treatment are prohibited from outdoor walks according to persons with mental problems as well as the employees of the organizations.

  • Holding Company does not have any Subsidiaries other than CSI, LoDan, CSH Limited, a company incorporated under the laws of Barbados ("CSH Ltd.") and the Minor Subsidiaries.

  • In the event that the Borrower wishes to designate a Subsidiary as a Minor Subsidiary, it shall deliver an Officer’s Certificate to the Agent so designating such Subsidiary and certifying that (i) such Subsidiary qualifies under the definition of Minor Subsidiary and (ii) the maximum asset and revenue thresholds for Minor Subsidiaries set forth in the definition of Minor Subsidiary are not exceeded at the time of such designation.

  • The Minor Subsidiaries do not have any material assets or liabilities.

  • Except for the CSI Subsidiaries and the Minor Subsidiaries and as provided in Section 4.3 of the CSI Disclosure Schedule, neither Holding Company, CSI nor any CSI Subsidiary has any equity or ownership interest, directly or indirectly, in any other Person.

  • Holding Company does not own or lease any real property or personal property (tangible or intangible) other than the stock of CSI, LoDan and the Minor Subsidiaries (which stock of LoDan and the Minor Subsidiaries is to be disposed of pursuant to the Closing condition appearing at Section 8.2(e)).


More Definitions of Minor Subsidiaries

Minor Subsidiaries means Cvalim Holding Company Ltd., a Delaware corporation, Beleggingsmaatschappij Halfvier B.V., a Netherlands corporation, Cvalim Industries (E.W.C.) Holdings 98 Ltd., an Israeli corporation, Cvalim Industries (E.W.C.) Ltd., an Israeli corporation, B.N. Cable Technologies Inc., a Canadian corporation and (whether or not a Subsidiary of Holding Company) the Delaware corporation referenced in Section 4.3 of the CSI Disclosure Schedule.
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Minor Subsidiaries means and include, collectively the entities set forth on Schedule 1.01 - Minor Subsidiaries.
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Minor Subsidiaries means Mitel De Mexico, Sociedad Anonima de Capital Variable, Tianchi-Mitel Telecommunications Corporation, Mitel (Far East) Limited, Edict Training Ltd., Mitel SrL and Mitel Corporation Limited;
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Related to Minor Subsidiaries

  • 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.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Excluded Subsidiaries means any Subsidiary of the Parent that is: (a) listed on Schedule 1.02(b) as of the Effective Date and any Restricted Subsidiary of such Subsidiary; (b) (i) a Foreign Subsidiary (other than a UK Subsidiary), (ii) a CFC or a CFC Holding Company or a Domestic Subsidiary or a UK Subsidiary of a CFC or a CFC Holding Company, (iii) a Foreign Subsidiary of a US Loan Party, or (iv) any other Subsidiary with respect to which a guarantee could result in adverse tax consequences to the Borrower, the Parent or any Subsidiary of the Parent (as reasonably determined by the Borrower), (c) a Joint Venture or a Subsidiary that is not otherwise a wholly-owned Restricted Subsidiary (other than with respect to directors’ qualifying or nominee shares); (d) an Immaterial Subsidiary; (e) an Unrestricted Subsidiary; (f) a Captive Insurance Subsidiary or other special purpose entity; (g) not-for-profit Subsidiary; (h) prohibited by applicable Requirement of Law or contractual obligation from guaranteeing or granting Liens to secure any of the Secured Obligations or with respect to which any consent, approval, license or authorization from any Governmental Authority would be required for the provision of any such guaranty (but in the case of such guaranty being prohibited due to a contractual obligation, such contractual obligation shall have been in place at the Effective Date or at the time such Subsidiary became a Restricted Subsidiary and is not created in contemplation of or in connection with such Person becoming a Restricted Subsidiary); provided that each such Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (h) if such consent, approval, license or authorization has been obtained; (i) with respect to which the Borrower and the Administrative Agent reasonably agree that the cost or other consequences (including adverse tax consequences) of providing a guaranty of the Secured Obligations outweigh the benefits to the Lenders; (j) a Restricted Subsidiary acquired pursuant to an Acquisition financed with secured Indebtedness permitted to be incurred under Section 6.01 and each Restricted Subsidiary that is a Subsidiary thereof to the extent such secured Indebtedness prohibits such Restricted Subsidiary from becoming a Guarantor; provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (j) if such secured Indebtedness is repaid or becomes unsecured, if such Restricted Subsidiary ceases to Guarantee such secured Indebtedness or such prohibition no longer exists, as applicable; (k) a Securitization Subsidiary; or (l) a Subsidiary that does not have the legal capacity to provide a guarantee of the Secured Obligations (provided that the lack of such legal capacity does not arise from any action or omission of Borrower or any other Loan Party), in each case other than any Electing Guarantor for so long as such entity is an Electing Guarantor.

  • Material Subsidiaries Subsidiaries of the Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.

  • Subsidiary or Subsidiaries means, as to the Borrower, any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are at the time directly or indirectly owned by the Borrower.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • 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.

  • Principal Subsidiaries means any subsidiary of the Guarantor whose total assets, as shown by the accounts of such subsidiary (consolidated in the case of a subsidiary which itself has subsidiaries), based upon which the latest audited consolidated accounts of the Group have been prepared, is at least 20 per cent. of the total assets of the Group as shown by such audited consolidated accounts, provided that if any such subsidiary (the “transferor”) shall at any time transfer the whole or a substantial part of its business, undertaking or assets to another subsidiary of the Guarantor or to the Guarantor itself (the “transferee”) then:

  • 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.

  • Immaterial Subsidiaries means those Subsidiaries of the Borrower that are “designated” as Immaterial Subsidiaries by the Borrower from time to time (it being understood that the Borrower may at any time change any such designation); provided that such designated Immaterial Subsidiaries shall collectively meet all of the following criteria as of the date of the most recent balance sheet required to be delivered pursuant to Section 5.01: (a) the aggregate assets of such Subsidiaries and their Subsidiaries (on a consolidated basis) as of such date do not exceed an amount equal to 3% of the consolidated assets of the Borrower and its Subsidiaries as of such date; and (b) the aggregate revenues of such Subsidiaries and their Subsidiaries (on a consolidated basis) for the fiscal quarter ending on such date do not exceed an amount equal to 3% of the consolidated revenues of the Borrower and its Subsidiaries for such period.

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Consolidated Entities means any Person (other than an Investment Entity) in which the Borrower owns any Capital Stock, the accounts of which Person are consolidated with those of the Borrower in accordance with GAAP.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Specified Subsidiaries means any of (i) Intermediate, (ii) Dell, (iii) Denali Finance, (iv) Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree), (v) EMC, (vi) any successors and assigns of any of Intermediate, Dell, Denali Finance, Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree) and EMC, (vii) any other borrowers under the senior secured indebtedness and/or issuer of the debt securities, in each case, incurred or issued to finance the Merger and the transactions contemplated thereby and by the related transactions entered into in connection therewith and (viii) each intermediate entity or Subsidiary between the Corporation and any of the foregoing.

  • Non-Debtor Subsidiaries means all direct and indirect subsidiaries of any Debtor that are not Debtors in the Chapter 11 Cases.

  • PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.

  • Consolidated Subsidiaries means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP.

  • Consolidated Parties means a collective reference to the Borrower and its Subsidiaries, and "Consolidated Party" means any one of them.

  • Company Subsidiaries means the Subsidiaries of the Company.