Restricted Subsidiaries definition

Restricted Subsidiaries means all Subsidiaries other than Non-Restricted Subsidiaries.
Restricted Subsidiaries means all Subsidiaries of the Borrower other than Unrestricted Subsidiaries.
Restricted Subsidiaries means, as of any date, the Subsidiaries of the Borrower which are not Unrestricted Subsidiaries.

Examples of Restricted Subsidiaries in a sentence

  • Each Loan Party, the Restricted Subsidiaries, and to the knowledge of such Loan Party, its directors, officers and employees when acting on behalf of such Loan Party and the Restricted Subsidiaries, are in compliance in all material respects with Anti-Corruption Laws and applicable Sanctions.

  • Such insurance shall either be maintained by the Loan Parties and the Restricted Subsidiaries through self-insurance, through captive insurance companies or by insurance issued by responsible and reputable insurance companies.

  • Each Loan Party has implemented and maintains in effect policies and procedures reasonably designed to promote and achieve compliance by such Loan Party, the Restricted Subsidiaries and their respective directors, officers and employees, in all material respects with Anti-Corruption Laws and applicable Sanctions.

  • On and as of the Closing Date, after giving effect to the Madison Transactions, including the funding of the Loans hereunder and the use of proceeds thereof, each of (x) the Company and its Subsidiaries and (y) the Borrower and the Restricted Subsidiaries, in each case, on a consolidated basis, are Solvent.

  • After application of the proceeds of each Loan, not more than 25 percent of the value (as determined by any reasonable method) of the assets of the Company, the Borrower and the Restricted Subsidiaries, on a consolidated basis, subject to any provision of this Agreement under which the sale, pledge or disposition of assets is restricted, will consist of margin stock.


More Definitions of Restricted Subsidiaries

Restricted Subsidiaries means any Subsidiary, other than Unrestricted Subsidiaries.
Restricted Subsidiaries means all Subsidiaries other than Unrestricted Subsidiaries.
Restricted Subsidiaries means the Persons set forth on Schedule 1.01(i) hereto and any New Restricted Subsidiary, provided that any Restricted Subsidiary redesignated as an Unrestricted Subsidiary pursuant to and in compliance with Section 7.08(c) shall cease to be a Restricted Subsidiary.
Restricted Subsidiaries as of any date, the Subsidiaries of the Borrower and any other Loan Party which are not Unrestricted Subsidiaries.
Restricted Subsidiaries means, as of any date, all Subsidiaries of the Borrower that have not been designated as Unrestricted Subsidiaries by the Borrower pursuant to Section 6.08 or have been so designated as Unrestricted Subsidiaries by the Borrower but prior to such date have been (or have been deemed to be) re-designated by the Borrower as Restricted Subsidiaries pursuant to Section 6.08.
Restricted Subsidiaries means all existing and future Subsidiaries of Borrower other than the Unrestricted Subsidiaries.
Restricted Subsidiaries means the Subsidiary Loan Parties and each other Subsidiary of any Borrower that is not an Unrestricted Subsidiary.