Permitted Unrestricted Subsidiary Investments definition

Permitted Unrestricted Subsidiary Investments means Investments in Unrestricted Subsidiaries in a cumulative aggregate amount (in cash or the fair market value of property other than cash, as determined in good faith by the Board of Directors of the Company) not to exceed the sum of (i) $10.0 million and (ii) cash or cash equivalent distributions made from any Unrestricted Subsidiary and received, after the Issue Date, as such by the Company, provided that any amount included in this clause (ii) shall be deducted from any amounts referred to in clause (y)(3) of Section 4.11. Notwithstanding the foregoing, Permitted Unrestricted Subsidiary Investments shall also include any Investments in Unrestricted Subsidiaries to the extent such Investment consists of (a) Qualified Capital Stock of the Company or (b) amounts referred to in clause (y)(2) of Section 4.11, which Investments shall be excluded from the sum in the previous sentence, provided that the amount of any Investments pursuant to this clause (b) shall be deducted from amounts referred to in clause (y)(2) of Section 4.11.
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Permitted Unrestricted Subsidiary Investments means, so long as no Default or Event of Default has occurred and is continuing, loans or capital contributions by Borrower in or to any of the Unrestricted Subsidiaries in an amount not to exceed, in the aggregate, an amount equal to: (a) in respect of the Unrestricted Subsidiaries consisting of one new Station Sub and one new License Sub to be formed and used in connection with Borrower's Acquisition of the WAUR-AM 900, Xxxxxxxx, Xxxxxxxx Communications System (serving the Chicago broadcast area), $2,000,000; and (b) in respect of all other Unrestricted Subsidiaries, $2,000,000.
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Permitted Unrestricted Subsidiary Investments means, so long as no Default or Event of Default has occurred and is continuing, loans or capital contributions by Borrower in or to any of the Unrestricted Subsidiaries in an amount not to exceed, in the aggregate, an amount equal to: (a) in respect of the Unrestricted Subsidiaries consisting of one new Station Sub and one new License Sub to be formed and used in connection with Borrower's Acquisition of the WAUR-AM 930, Sandwich, Illinois Communications System (serving the Chicago broadcast area), $2,000,000; and (b) in respect of all other Unrestricted Subsidiaries, $2,000,000.
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More Definitions of Permitted Unrestricted Subsidiary Investments

Permitted Unrestricted Subsidiary Investments means, so long as no Default or Event of Default has occurred and is continuing, loans or capital contributions by Mountasia in or to any of the Unrestricted Subsidiaries in an amount not to exceed, in the aggregate, an amount equal to (a) the amount of equity contributed, in cash (or by conversion of Indebtedness in accordance with Section 3.1(x)), by Hampstead to Mountasia, minus (b) $40,000,000.
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Related to Permitted Unrestricted Subsidiary Investments

  • Unrestricted Subsidiary Indebtedness of any Unrestricted Subsidiary means Indebtedness of such Unrestricted Subsidiary

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Unrestricted Subsidiaries means any Subsidiary of the Borrower designated by the Borrower as such in writing in accordance with Section 7.10(e); it being understood and agreed that (i) the term “Unrestricted Subsidiary” shall include all Subsidiaries of any such designated Subsidiary, and (ii) any Unrestricted Subsidiary may subsequently be designated by the Borrower as a Restricted Subsidiary subject to the terms of Section 7.10(e).

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of the Board of Directors, but only to the extent that such Subsidiary:

  • Permitted Restricted Payments means any of the following Restricted Payments made by:

  • Permitted Subsidiary Indebtedness means any of the following:

  • Non-Restricted Subsidiary means any Subsidiary of the Company other than a Restricted Subsidiary.

  • Converted Restricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Restricted Investments means all Investments except the following:

  • Significant Restricted Subsidiary means a Restricted Subsidiary that would be a “significant subsidiary” within the meaning of the definition of “significant subsidiary” in Article 1, Rule 1-02(w) of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the Original Issue Date; provided that in each instance in such definition in which the term “10 percent” is used, the term “5 percent” shall be substituted therefor.

  • Wholly Owned Restricted Subsidiary of any Person means any Wholly Owned Subsidiary of such Person which at the time of determination is a Restricted Subsidiary of such Person.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Unrestricted Cash means cash or cash equivalents of the Borrower or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Borrower or any of its Subsidiaries.

  • Unrestricted Person means (a) each Indemnitee, (b) each Partner, (c) each Person who is or was a member, partner, director, officer, employee or agent of any Group Member, a General Partner or any Departing General Partner or any Affiliate of any Group Member, a General Partner or any Departing General Partner and (d) any Person the General Partner designates as an “Unrestricted Person” for purposes of this Agreement.

  • Domestic Restricted Subsidiary means a Restricted Subsidiary incorporated or otherwise organized under the laws of the United States, any State thereof or the District of Columbia.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

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

  • Immaterial Domestic Subsidiary means any Domestic Subsidiary that is not a Material Domestic Subsidiary.

  • Restricted Payments as defined in Section 7.6.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

  • Special Purpose Subsidiary means any (a) not-for-profit Subsidiary, (b) captive insurance company or (c) Receivables Subsidiary and any other Subsidiary formed for a specific bona fide purpose not including substantive business operations and that does not own any material assets, in each case, that has been designated as a “Special Purpose Subsidiary” by the Borrower.

  • Permitted Investments means:

  • Restricted Investment means an Investment other than a Permitted Investment.