North American Subsidiary definition

North American Subsidiary means any Subsidiary organized under the laws of the United States or Canada or any of their respective states, provinces, territories or possessions or any political subdivision of any thereof.
North American Subsidiary means a Subsidiary of the Company formed under the laws of, or conducting its principal operations within (1) the United States, any state thereof or the District of Columbia or (2) Canada or any province or territory thereof.
North American Subsidiary means any Subsidiary of a Person that is organized under the laws of the United States, the District of Columbia, or Canada.

Examples of North American Subsidiary in a sentence

  • Information about how Breathworks participation will be shared publicy: Breathworks is a project that takes place on the Modern Art Oxford Instagram and website.

  • Mitsuba had a North American Subsidiary, American Mitsuba Corporation ("AMC"), which had sales offices in Novi, Michigan.

  • Tadeu is an alumnus (MBA 1998) of the University’s Katz Graduate School of Business and served as President of CBMM´s North American Subsidiary (Reference Metals) in Pittsburgh from 2002 to 2005.

  • Relevant Policies, Programs, and ProjectsEven prior to its ratification of the UN Convention on the Rights of the Child (CRC) and ILO Conventions 138 and 182, the Government of the Philippines began efforts to combat child labor inearnest around the mid-1980s.


More Definitions of North American Subsidiary

North American Subsidiary means any Subsidiary of the Company, as defined in clauses (i) and (ii) only of the definition of Subsidiary, that was formed under the laws of the United States or any state of the United States or the District of Columbia or under the laws of Canada or any province or territory thereof.
North American Subsidiary means any Subsidiary of a Loan Party (other than Horizon International Holdings LLC) organized under the laws of the United States or Canada.
North American Subsidiary means any Subsidiary that is not a Foreign Subsidiary.
North American Subsidiary means any Subsidiary of Company other than a Foreign Subsidiary or an Off-Balance Sheet Subsidiary.
North American Subsidiary means any entity that is an Affiliate of North American immediately prior to the consummation of the Exchange Agreements.
North American Subsidiary means (i) each Subsidiary of the Borrower which is organized under the laws of the United States or any State thereof, (ii) each Subsidiary of the Borrower which is organized under the laws of Canada or any Province thereof and (iii) each Subsidiary of the Borrower of which 66-2/3% of the annual gross revenues for the current or any subsequent fiscal year of the Borrower or total assets as of the close of any such year (in each case determined on a consolidated basis with that Subsidiary's Subsidiaries) are located or derived from operations within the United States and Canada.
North American Subsidiary means (i) any Domestic Subsidiary; and (ii) any Subsidiary of the Borrower organized under the laws of Canada (or one of its Provinces) substantially all of whose accounts receivable, inventory and equipment are subject to a first priority perfected security interest or other Lien securing Indebtedness supported by a Letter of Credit issued under this Agreement. The existence of an approximately $200,000 mortgage in favor of Royal Bank of Canada shall not be considered to disqualify Ballastronix or any of its Affiliates from status as a North American Subsidiary under this definition.