Relevant Subsidiary definition

Relevant Subsidiary means any fully consolidated subsidiary of HeidelbergCement AG and for purposes only of this § 2 does not include any subsidiary which has one or more classes of equity securities (other than, or in addition to any convertible bonds or similar equity linked securities) which are listed or traded on a regulated stock exchange.
Relevant Subsidiary means each Material Subsidiary but excluding any Material Subsidiary which is also (a) an Infrastructure Project Subsidiary; or (b) Budimex, S.A., any of its Subsidiaries as at the Closing Date, and any other entity (not previously being a member of the Group) which becomes its Subsidiary on or after the Closing Date.
Relevant Subsidiary means a wholly-owned Subsidiary of the Issuer or of another Relevant Subsidiary, that has executed a guarantee in respect of the Notes or has become a primary obligor under the Notes as contemplated in sub-paragraph (1) of the definition ofRestructuring Event”.

Examples of Relevant Subsidiary in a sentence

  • The terms of each Additional Guarantee shall be documented in accordance with market standards provided that the terms of the Additional Guarantee may provide that such guarantee will cease to exist if and when the Capital Market Indebtedness guaranteed or the Capital Market Indebtedness incurred by such Relevant Subsidiary is fully discharged.

  • Any termination of this Agreement does not relieve you of any obligations to pay any fees or costs accrued prior to the termination and any other amounts owed by you to us, and/or the Payment System Providers as provided in this Agreement.

  • The Licensee shall procure that all businesses of the Licensee other than the core businesses shall be held by or carried on through affiliates or related undertakings of the Licensee but shall not be held by or carried on through the Relevant Subsidiary.

  • Save as provided by paragraphs 9 and 10, the Licensee shall not (and shall procure that the Relevant Subsidiary shall not) conduct any business or carry on any activity other than those falling within the definition of “core businesses”.

  • A core business of the Licensee may be held by or carried on through the Relevant Subsidiary.


More Definitions of Relevant Subsidiary

Relevant Subsidiary. ’ means, at any particular time, a Subsidiary whose turnover represents at least ten per cent. of the consolidated turnover of PT and its Subsidiaries on a consolidated basis and for these purposes:
Relevant Subsidiary means a person, other than an individual, which is—
Relevant Subsidiary means, at any time, a Subsidiary of the Guarantor (a) whose net assets represent not less than 10 per cent. of the net consolidated assets of the Group as calculated by reference to the then latest audited accounts (or, as the case may be, consolidated accounts) of such Subsidiary and the then latest audited consolidated accounts of the Group or (b) whose gross revenues represent not less than 10 per cent. of the net consolidated gross revenues of the Group as calculated by reference to the then latest audited accounts (or, as the case may be, consolidated accounts) of such Subsidiary and the then latest audited consolidated accounts of the Group.
Relevant Subsidiary means a member of the Group that holds a Relevant Licence.
Relevant Subsidiary means any Subsidiary which is, directly or indirectly, wholly-owned by the Guarantor or which is so wholly-owned except for any nominal third party shareholding required by law;
Relevant Subsidiary. ’ shall mean a company or corporation:
Relevant Subsidiary means a company or corporation: