North American Subsidiaries definition

North American Subsidiaries the collective reference to the Canadian Borrowers, the Canadian Subsidiary Guarantors and the Domestic Subsidiaries.
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North American Subsidiaries means, collectively, the Domestic Subsidiaries of the Borrower and the Canadian Subsidiaries of the Borrower.
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North American Subsidiaries means Evraz North America plc; Evraz Inc. NA; andEvraz Inc. NA – Canada; andTheir subsidiary companies. a “Person” means An individual, a body of persons corporate or unincorporate, any organisation or any association or combination of persons. a “Relevant UK Institution”means A person that has permission under Part 4A of the Financial Services and Markets Act 2000(3) (permission to carry on regulated activity).A person that is authorised or registered under Part 2 of the Payment Services Regulations (SI 2017/752).A person that is authorised or registered under Part 2 of the Electronic Money Regulations (SI 2011/99).A person that is a “recognised clearing house”, “third country central counterparty”, “recognised CSD” or “third country CSD” for the purposes of s.285 of the Financial Services and Markets Act 2000.A person that is an operator of a recognised payment system (or that is a service provider in relation to recognised payment systems) for the purposes of Part 5 of the Banking Act 2009.
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Examples of North American Subsidiaries in a sentence

  • TTI access is restricted to members of TTI, and certain other members given special access.

  • CONTRACTORSAFETYRULES Issued to all North American Subsidiaries of Genesee & Wyoming Inc.

  • The Company, its direct and indirect Subsidiaries listed in Schedule A hereto (collectively the “Company Subsidiaries”) and the North American Subsidiaries are hereinafter referred to as the “Acquired Companies”.

  • The Borrower and its North American Subsidiaries will maintain the Administrative Agent as its principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business.

  • Each Loan Party has disclosed to the Lenders all agreements, instruments and corporate or other restrictions to which it or any of its North American Subsidiaries is subject, and all other matters known to it, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

  • Cause to be executed and delivered and in effect at all times (x) guaranties from all North American Subsidiaries (other than Excluded Subsidiaries) unless the cost of obtaining the same exceeds the benefit as reasonably determined by the Primary Agent and (y) in any event, sufficient guaranties from Subsidiaries (including Foreign Subsidiaries, if necessary) to comply with the Guaranty Coverage Test.

  • Each of the Loan Parties and its North American Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property, free of all Liens other than those permitted by Section 6.02, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • American Collateral Agent shall be in receipt of searches of the appropriate filing records, including, without limitation, the United States Patent and Trademark Office, the United States Copyright Office or any other jurisdiction, as the American Collateral Agent or any of the American Lenders may require in order to confirm the priority of the Security Interests in the assets of Westcon, Westcon America and the other North American Subsidiaries.

  • The bearing and range of target and time when first observed (visually or by radar).

  • The Borrowers will, and will cause each of their North American Subsidiaries to, comply with all applicable statutes, regulations and orders of, and all applicable restrictions imposed by, all governmental bodies, domestic or foreign, in respect of the conduct of their business and the ownership of their property, except such noncompliances as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.


More Definitions of North American Subsidiaries

North American Subsidiaries means The following subsidiaries of Evraz plc: Evraz North America plc;Evraz Inc. NA; andEvraz Inc. NA – Canada. A “Person” means An individual, a body of persons corporate or unincorporated, any organisation or any association or combination of persons. A “Relevant UK Institution” means (a) a person who is licensed under the Financial Services Act 2008 (of Tynwald) to carry on a regulated activity within the meaning of section 3 of that Act;(b) a person who is authorised or registered under the Insurance Act 2008 (of Tynwald) or holds a permit under that Act;(c) a person who is registered under the Moneylenders Act 1991 (of Tynwald) to carry on the business of lending money;(d) a person who is acting as a trustee or an administrator of a retirement benefits scheme within the meaning ofthe Retirement Benefits Schemes Act 2008 (of Tynwald) “data protection legislation” Has the meaning given in regulation 5(1) of the GDPR and LED Implementing Regulations 2018 [SD 2018/0145] The “FIU” means The Financial Intelligence Unit
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North American Subsidiaries has the meaning ascribed thereto in subsection 7(b)(ii)4(e) hereof;
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North American Subsidiaries has timely filed or caused to be timely filed, on the due dates thereof or within applicable grace periods, with the appropriate taxing authority, all federal, state, provincial and other material returns, statements, forms and reports for taxes (the "Returns") required to be filed by or with respect to the income, properties or operations of the Borrowers and/or any of their North American Subsidiaries, except as disclosed on Schedule XI. The Returns accurately reflect in all material respects all liability for taxes of the Borrowers and their North American Subsidiaries for the periods covered thereby. Each of the Borrowers and each of their North American Subsidiaries have paid all material taxes payable by them other than (x) taxes which are not delinquent, and other than those contested in good faith and adequately disclosed and for which adequate reserves have been established or (y) the payment of which is excused or stayed as a result of such Credit Party's status as a debtor-in-possession in the Cases. Except as disclosed in the financial statements referred to in Section 6.06(a), neither of the Borrowers nor any of their North American Subsidiaries has received written notice of any material action, suit, proceeding, investigation, audit, or claim now pending or, to the best knowledge of the Borrowers, threatened by any authority regarding any taxes relating to the Borrowers or any of their North American Subsidiaries. Except as disclosed on Schedule XII, as of the Petition Date, none of the Borrowers or any of their North American Subsidiaries has entered into an agreement or waiver or been requested to enter into an agreement or waiver extending any statute of limitations relating to the payment or collection of taxes of either Borrower or any of their North American Subsidiaries, or is aware of any circumstances that would cause the taxable years or other taxable periods of either Borrower or any of their North American Subsidiaries not to be subject to the normally applicable statute of limitations.
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North American Subsidiaries shall have the meaning provided in Section 6.10 of this Agreement.
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North American Subsidiaries means any Subsidiaries of Westcon, Westcon America and Westcon Canada that are formed under the laws of the United States or Canada or any state, province or territory thereof.
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North American Subsidiaries has the meaning set forth in Section 4.1(b).
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Related to North American Subsidiaries

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • Restricted companies means companies that boycott Israel.

  • Holdings as defined in the preamble hereto.

  • Foreign Subsidiaries means each Subsidiary of the Lead Borrower that is not a Domestic Subsidiary.

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

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

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

  • 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:

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

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Micro Business means a company which either:

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • 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.

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

  • 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.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

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

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.