Public Subsidiary definition

Public Subsidiary means any of the Company’s Restricted Subsidiaries that (1) is required to file reports pursuant to the Securities Act (Ontario) and/or is required to file reports pursuant to Section 13 of the Exchange Act and (2) has Capital Stock listed or quoted on the Toronto Stock Exchange, the New York Stock Exchange or the NASDAQ National Market.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Public Subsidiary means any Subsidiary whose Securities having ordinary voting power to elect members of the board of directors or other persons performing similar functions are listed on the New York Stock Exchange, American Stock Exchange or some other principal national securities exchange or have price quotations in the over-the-counter market reported by the National Association of Securities Dealers Automated Quotation System.

Public Subsidiary means any Subsidiary that has a class of equity securities registered pursuant to Section 12 of the Exchange Act.

Examples of Public Subsidiary in a sentence

Borrower shall not, and shall not permit any Guarantor to, make or permit to be outstanding any loan or advance to any Person; provided, however, Borrower may make loans to any Subsidiary (excluding any Public Subsidiary) the accounts of which are consolidated with those of Borrower in its consolidated financial statements in accordance with generally accepted accounting principles, so long as no Default or Event of Default exists at the time of (or would result from) the making of such loan.
Borrower shall not, and shall not permit any Guarantor to, make or permit to be outstanding any loan or advance to any Person; provided, however, Borrower may make loans to any Consolidated Subsidiary (excluding any Public Subsidiary) of Borrower so long as no Default or Event of Default exists at the time of (or would result from) the making of such loan.
To the extent that no public investor calls are held by the Borrower or any Public Subsidiary in connection with an applicable fiscal quarter, the Borrower will participate in a conference call with the Administrative Agent and the Lenders once during each fiscal quarter within 30 days after the delivery of the financial statements required to be delivered pursuant to Sections 5.04(a) and (b), during which the financial condition of the Borrower and its Subsidiaries shall be discussed.
Seller makes no representation or warranty concerning Public Subsidiary.
As used in this Agreement, "Public Subsidiary SEC Reports" means, in the case of Vitalink, its Annual Report on Form 10-K for the fiscal year ended May 31, 1997, its proxy statement dated November 20, 1997 and all forms and reports filed with the SEC since June 1, 1994 and, in the case of IHH, its Annual Report on Form 10-K for the fiscal year ended September 30, 1997, its proxy statement dated February 2, 1998 and all forms and reports filed with the SEC since October 1, 1994.

More Definitions of Public Subsidiary

Public Subsidiary means ▇▇▇▇▇▇ Technologies Group, Inc.

Public Subsidiary means Victor Technologies Group, Inc.

Public Subsidiary means Consolidated Cigar and Power Control Technologies, Inc. The term "Subsidiary" means, with respect to any Person, any corporation or other entity of which 50% or more of the securities or other interests having by their terms ordinary voting power for the election of directors or others performing similar functions with respect to such entity is directly or indirectly owned by such Person. The term "Person" means any natural person, firm, individual, partnership, joint venture, business trust, trust, association, corporation, company, unincorporated entity or Governmental Entity (as defined in Section 3.4(b)).

Public Subsidiary shall have the meaning set forth in Section 8.01(a).

Public Subsidiary means any Subsidiary, the capital stock of which is publicly traded in the United States and of which less than 80% of the Voting Stock is at the time owned directly or indirectly by the Borrower.

Public Subsidiary means Switchboard Incorporated, a Delaware corporation.

Public Subsidiary means, collectively, (a) EQM and (b) each direct and indirect Subsidiary of EQM, in each case, for so long as the Equity Interests of EQM are publicly traded in the United States.