Non-Consolidated Entity definition

Non-Consolidated Entity means each of the operating partnerships, limited liability companies, limited liability partnerships, joint ventures or similar entities in which the Borrower or its Restricted Subsidiaries, directly or indirectly, own Equity Interests, other than Subsidiaries.

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Non-Consolidated Entity means (a) SunStrong Capital Holdings, each of its Subsidiaries and each other Person, all or any portion of the Equity Interests of which are owned, directly or indirectly, by SunStrong Capital Holdings and (b) each other Person, all or any portion of the Equity Interests of which are owned, directly or indirectly, by the Borrower, that is not a consolidated Subsidiary of the Borrower as set forth in the most recent financial statements delivered pursuant to Section 6.01(a) or Section 6.01(b), as applicable.

Non-Consolidated Entity means an entity which is not a Consolidated Subsidiary;

Examples of Non-Consolidated Entity in a sentence

• Guarantees incurred after the Effective Date pursuant to this Section 6.01 by a Loan Party of Indebtedness of a Restricted Subsidiary or Non-Consolidated Entity that is not a Loan Party shall be subordinated to the Obligations of the Loan Party.

• Any Member of the Company other than a Non-Consolidated Entity or any entity other than the Company or a Non-Consolidated Entity now or hereafter controlled directly or indirectly by, or under direct or indirect common control with, Charter Financial, Inc.

• Non-Consolidated Entity (a) Seadrill Partners LLC; (b) ▇▇▇▇▇▇ Limited; (c) SeaMex Ltd.; (d) Seabras Sapura Participacoes Limitida; (e) Seabras Sapura Holding GmbH; (f) Camburi Drilling BV; (g) Itaunas Drilling BV; and (h) Sahy Drilling BV, and each of their respective Subsidiaries from time to time.

• Non-Consolidated Entities The Non-Consolidated Entity Amendments will be effectuated before the Petition Date to insulate the Non-Consolidated Entities from the Chapter 11 Cases and, where applicable, to effectuate certain other commercial amendments, substantially on the terms described in the RSA.

• Item 7.8 of the Disclosure Schedule sets forth each Consolidated Entity, Non-Consolidated Entity, Operating Entity and Limited Entity.

More Definitions of Non-Consolidated Entity

Non-Consolidated Entity means any Person in which the Consolidated Group, directly or indirectly, holds ten percent (10%) or more of such Person's total ownership interests but which does not qualify as a Consolidated Entity.

Non-Consolidated Entity means, with respect to any Person, any other Person in which such Person owns, directly or indirectly, Equity Interests but is not a Consolidated Subsidiary of such Person. Unless otherwise expressly provided, all references in the Credit LA\4027402.11 LA\4027402.11

Non-Consolidated Entity means a Non-Consolidated Entity of the Parent Guarantor.

Non-Consolidated Entity means a Non-Consolidated Entity of the Borrower.

Non-Consolidated Entity means any Person in which the Consolidated Group, directly or indirectly, holds ten percent (10%) or more of such Person's total ownership interests but which does not qualify as a Consolidated Entity. "Over 10% Contract Holder" means as of any date, a Contract Holder which holds an investment in PRISA II in an amount which (when added to the holdings of any other Plans maintained by the same employer or employee organization) would exceed 10% of the total of all assets in PRISA II, as determined in accordance with Section I(a)(1) of PTE 90-1. As of the date hereof the only Over 10% Contract Holder is the one listed on Exhibit C-1 hereto. "Plan" means an employer pension benefit plan which is covered by Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Code. "Premises" shall mean the "Premises" defined in Recital (A) of the Multi-Party Agreement to which is this Exhibit C is attached. "Premises of a Person" means any and all Premises, whether real, personal, tangible, intangible, or mixed, of such Person, or other assets owned, leased or operated by such Person. "Total Assets" as of any particular time, means the value (determined applying the same methodology used in preparing the PRISA II's 2004 year-end audited financial statements, with any subsequent changes in such methodology which would affect the calculation of the financial covenants contained herein being approved by the Lenders, such approval not to be unreasonably withheld or delayed) of all assets (as reported in the PRISA II's financial statements for the Consolidated Group) of the Consolidated Group. "Total Outstanding Indebtedness" means, as of any date of determination, all Indebtedness of PRISA II and its Consolidated Entities outstanding at such date, determined on a consolidated basis in accordance with Agreement Accounting Principles, plus the Consolidated Group Pro Rata Liquidation Share of all Indebtedness of Non-Consolidated Entities. EXHIBIT C-1 Over 10% Contract Holders

Non-Consolidated Entity means each Person in which the Borrower or any of its Subsidiaries owns, directly or indirectly, Capital Stock other than Subsidiaries.

Non-Consolidated Entity means any Person in which the Consolidated Group, directly or indirectly, holds ten percent (10%) or more of such Person's total ownership interests but which does not qualify as a Consolidated Entity. "Over 10% Contract Holder" means as of any date, a Contract Holder which holds an investment in PRISA II in an amount which (when added to the holdings of any other Plans maintained by the same employer or employee organization) would exceed 10% of the total of all assets in PRISA II, as determined in accordance with Section I(a)(1) of PTE 90-1. As of the date hereof the only Over 10% Contract Holder is the one listed on Exhibit C-1 hereto.