Non-Parent Guarantors definition

Non-Parent Guarantors means each Guarantor that does not wholly-own (directly or indirectly) the Borrower.
Non-Parent Guarantors means each Guarantor that does not wholly-own (directly or indirectly) the Company.
Non-Parent Guarantors means each Guarantor that does not wholly-own (directly or indirectly) the Borrower. “Parent” has the meaning assigned to such term in the preliminary statement of this Guaranty Agreement. “Parent Guarantors” means each Guarantor that wholly-owns (directly or indirectly) the Borrower.

Examples of Non-Parent Guarantors in a sentence

  • Selected Consolidated Financial Statements of Parent, Guarantors and Non-Guarantors (Continued) AssetsDecember 31, 2000 Canada Non-Parent Guarantors Company Guarantors Eliminations ConsolidatedCurrent Assets: Cash and Cash Equivalents $191$ 3,336 $ 302$ 2,371 $— $ 6,200Accounts Receivable .

Related to Non-Parent Guarantors

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Guarantors means each of:

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

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

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

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Subsidiary Guarantors means each direct or indirect Domestic Subsidiary that is a Restricted Subsidiary in existence on the Closing Date or that becomes a party to the Subsidiary Guaranty Agreement pursuant to Section 8.11.

  • Significant Guarantor means any guaranty agency that guarantees trust student loans comprising at least 10% of the Pool Balance of the trust student loans by outstanding principal balance as of the statistical disclosure date.

  • Borrower Parties means the collective reference to the Borrower and its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • 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.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Credit Parties means the Borrower and the Guarantors.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Transaction Parties As defined in Section 5.3(o).

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • 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:

  • 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.

  • Holdings as defined in the preamble hereto.

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