Primary Subsidiaries definition

Primary Subsidiaries means PXP, PLIC and any other Subsidiary of the Parent or PLIC which at the time of determination has capital or a net worth in excess of $25,000,000.

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Primary Subsidiaries means Phoenix American Life Insurance Co., the Company, and any other Subsidiary of the Guarantor which at the time of determination has capital or a net worth in excess of $25,000,000.

Primary Subsidiaries means, individually and collectively, Joy Technologies Inc., a Delaware corporation, doing business as Joy Mining Machinery, and Harnischfeger Corporation, a Delaware corporation, doing business as P&H Mining Equipment.

Examples of Primary Subsidiaries in a sentence

As of the date hereof the Primary Subsidiaries are as identified on Exhibit I.
The Company will, and will cause the Primary Subsidiaries to, maintain insurance coverage by financially sound and reputable insurers in such forms and amounts, with such deductibles and against such risks, as are customary for business entities of established reputation engaged in the same or a similar business and owning and operating similar properties.
Each of the Primary Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.
Schedule 1.03(B) to the Credit Agreement (Primary Subsidiaries) is hereby amended and replaced in its entirety with the First Amended Schedule 1.03(B) attached hereto.
Each of TSA and the Primary Subsidiaries are authorized to transact business in the State of Nebraska (or the failure to be so authorized will not have a material adverse effect on the obligations of such parties under the Loan Documents).
No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for the due execution, delivery and performance by the Borrower and the Primary Subsidiaries of any Loan Document to which it is a party.
Certified copies of the resolutions of the board of directors (or other governing body, as appropriate) of the Borrower and each of the Primary Subsidiaries approving each Loan Document to which it is a party and certified copies of all documents evidencing other necessary action and governmental approvals, if any, with respect to such Loan Document.
The Company and its Primary Subsidiaries are not in default with respect to any order of any court or governmental authority or arbitration board or tribunal.
All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Plans subject to Title IV of ERISA at any time maintained by any one or more of the Guarantor or the Primary Subsidiaries and the present value of assets of such Plans shall be reasonable in the good faith judgment of the Guarantor and shall comply with all requirements of law in all material respects.
The Guarantor and its Primary Subsidiaries are not in default with respect to any order of any court or governmental authority or arbitration board or tribunal.

More Definitions of Primary Subsidiaries

Primary Subsidiaries means FLAC Holdings, LLC, Forethought Life Assurance Company, LifeCo, Forethought Life Insurance Company, and their successors.

Primary Subsidiaries means, with respect to Borrower, all of its Subsidiaries other than Property Holdings, the Real Estate Trusts and Nationwide Team Sales.

Primary Subsidiaries means ▇▇▇▇▇▇ American Group, Inc. and ▇▇▇▇▇▇ American Corp.