Operating Company Subsidiary definition

Operating Company Subsidiary means a Subsidiary or Subsidiaries of the Borrower (other than any Immaterial Subsidiary).
Sample 1Sample 2
Operating Company Subsidiary means (a) as to U.S. Operating Co., each of (i) Building Products, (ii) Coated Products U.S., (iii) Amerimax Home Products, Inc. (formerly Euramax Home Products, Inc.), a Delaware corporation and a direct, wholly owned Subsidiary of U.S. Operating Co., (iv) Laminated Products, (v) Fabral Holdings, and (vi) Fabral, Inc.; (b) as to U.K. Operating Co. (or, after a Permitted Ellbee Share Transfer, U.K. Company or, if both such Permitted Ellbee Share Transfer and a Permitted U.K. Operating Co. Share Transfer shall have been consummated, U.K. Holdings), Ellbee Ltd. and, as to U.K. Operating Co. (or, after a Permitted Coated Products Share Transfer, U.K. Company or, after both such Permitted Coated Products Share Transfer and a Permitted U.K. Operating Co. Share Transfer, U.K. Holdings), Coated Products U.K.; (c) as to Dutch Operating Co., Coated Products, B.V.; and (d) as to any Loan Party referred to in clause (a), (b) or (c) above, but without waiving any provision of this Agreement or any other Loan Document, any Person who, after the Effective Date, shall become a wholly owned Subsidiary of such Loan Party.
Sample 1
Operating Company Subsidiary means (a) as to U.S. Operating Co., each of (i) Building Products, (ii) Coated Products U.S., (iii) Laminated Products, (iv) Fabral Holdings, (v) Fabral, Inc., (vi) Richmond Company, (vii) AFC and (viii) Home Products; (b) as to U.K. Operating Co., Coated Products U.K. and Ellbee Ltd.; (c) as to Dutch Operating Co., Coated Products B.V.; and (d) as to any Loan Party referred to in clause (a), (b) or (c) above, but without waiving any provision of this Agreement or any other Loan Document, any Person who, after the Effective Date, shall become a wholly owned Subsidiary of such Loan Party.
Sample 1

Examples of Operating Company Subsidiary in a sentence

  • No Credit Party or any Restricted Operating Company Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock.

  • Each Borrower hereby acknowledge that the issuance of Letters of Credit for the account of any Restricted Operating Company Subsidiary or any other Affiliate of such Borrower inures to the benefit of such Borrower, and that such Borrower’s business derives substantial benefits from the businesses of such parties.

  • Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Restricted Operating Company Subsidiary or any other Affiliate of a Borrower, US Borrower or Canada Borrower (as applicable) (as applicant with respect to such Letter of Credit) shall be obligated to reimburse the applicable LC Issuing Bank hereunder for any and all drawings under such Letter of Credit.

  • No Credit Party nor any Restricted Operating Company Subsidiary is subject to or in default with respect to any final judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, provincial, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

  • No Credit Party knows of any material tax assessment that has not been disclosed to Administrative Agent that has been assessed in writing against it or any Restricted Operating Company Subsidiary as of the Closing Date which is not being actively contested by such party in good faith and by appropriate proceedings; provided, such reserves or other appropriate provisions, if any, as shall be required in conformity with GAAP shall have been made or provided therefor.

  • As of the Closing Date, none of the Credit Parties nor any Restricted Operating Company Subsidiary has Indebtedness other than Indebtedness established under the Credit Documents or permitted by the Project Financing Documents, as the case may be.

  • No Credit Party nor any Restricted Operating Company Subsidiary has been issued or required to obtain a permit for the treatment, storage or disposal of hazardous waste for any of its currently owned or operated Facilities, pursuant to the federal Resource Conservation and Recovery Act, 42 U.S.C. § 6901, et.

  • No Credit Party nor any Restricted Operating Company Subsidiary has received any letter or request for information under Section 104 of the Comprehensive Environmental Response, Compensation, and Liability Act (42 U.S.C. § 9604) or any comparable Environmental Law, except, with respect to matters that would not reasonably be expected to have a Material Adverse Effect.

  • No Credit Party nor any Restricted Operating Company Subsidiary is in violation of, or has failed to comply with, the requirements of any applicable Governmental Rules, the violation of, or the failure to comply with, could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

  • Each Credit Party represents and warrants that the foregoing is true with respect to each Restricted Operating Company Subsidiary.


More Definitions of Operating Company Subsidiary

Operating Company Subsidiary means any Subsidiary of the Company which is not a Real Estate Affiliate.
Sample 1

Related to Operating Company Subsidiary

  • Company Subsidiary means a Subsidiary of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Parent Subsidiaries means the Subsidiaries of Parent.

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

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • 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.

  • 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.

  • Acquired Entities means the Company and the Company Subsidiaries.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Target Companies means the Company and its Subsidiaries.

  • 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.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Company Group Member means Company or any Company Affiliate;

  • Partnership Entity means any of the Partnership Entities.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.