Significant Subsidiaries definition

Significant Subsidiaries means, as of any date of determination, collectively, all Subsidiaries that would constitute a “significant subsidiary” under Rule 1-02 of Regulation S-X promulgated by the SEC, and each of the foregoing, individually, a “Significant Subsidiary.”

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Significant Subsidiaries means any of our subsidiaries that is a “significant subsidiary” as defined in Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act.

Significant Subsidiaries means, with respect to each Borrower, each significant subsidiary of such Borrower (as such term is defined in Regulation S-X of the SEC (17 C.F.R. §210.1-02(w)), or any successor provision) (excluding Securitization SPVs).

Examples of Significant Subsidiaries in a sentence

If an Event of Default specified in Section 6.01(i) or Section 6.01(j) with respect to the Company or any of its Significant Subsidiaries occurs and is continuing, 100% of the principal of, and accrued and unpaid interest on, all Notes shall become and shall automatically be immediately due and payable without any action on the part of the Trustee.
Neither the Borrower nor any of its Significant Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or carry any Margin Stock in violation of Regulation U.
If a bankruptcy or insolvency default with respect to Parent or any of its Significant Subsidiaries occurs and is continuing, the Notes automatically become immediately due and payable.

More Definitions of Significant Subsidiaries

Significant Subsidiaries. Restricted Subsidiaries of the Borrower constituting, individually or in the aggregate (as if such Restricted Subsidiaries constituted a single Subsidiary), a “significant subsidiary” of the Borrower within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC, as in effect on the date hereof.

Significant Subsidiaries means Berkley Insurance Company, which is currently the only operating insurance company that is a “significant subsidiary” of the Company as that term is defined in Rule 1-02(w) of Regulation S-X of the Rules and Regulations.

Significant Subsidiaries means the operating Subsidiaries of the Company that generated revenues in excess of $30,000,000 for the year ended December 31, 2009.

Significant Subsidiaries has the meaning set forth in Section 3.1(b).

Significant Subsidiaries means Compass Bancshares, Inc. and Grupo Financiero BBVA Bancomer, S.A. de C.V.; and

Significant Subsidiaries means, collectively, each and every Significant Subsidiary.

Significant Subsidiaries of a party means Subsidiaries of such party which constitute "significant subsidiaries" under Rule 405 promulgated by the Commission under the Securities Act.