Sister Company definition

Sister Company shall have the meaning provided in Section 7.01(i).

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Sister Company means a Person which is a Subsidiary of Parent but which is not a Subsidiary of Borrower.

Sister Company has the meaning set forth in the introductory paragraphs of this Agreement.

Examples of Sister Company in a sentence

The Closings pursuant to the Sister Company Agreements of Organization, the U.K. Agreement of Organization and the U.S. Agreement of Organization shall have occurred simultaneously with the Closing hereunder.
The aggregate total liability of the Sponsors under Clause 3 of this Deed of Guarantee and Undertaking shall not exceed US$20,000,000 less the aggregate of all amounts which the Sponsors have, at the date of any payment under Clause 3 of this Deed of Guarantee and Undertaking, paid pursuant to Clause 3 of the Sister Company Guarantee and Undertaking.
If a Withdrawing Member is terminated as a Member and forfeits its Company Interest as provided above, such Withdrawing Member (or its Affiliate, if applicable) shall be terminated as a Member of the Sister Company and shall forfeit its “Company Interest” (as defined in the Sister Company LLC Agreement) in the Sister Company (and if such Withdrawing Member is JMIR, JMIR Manager shall be terminated as manager of the Sister Company).
From and after the time JMIR Manager shall have been terminated as the Manager under this Agreement or under the Sister Company LLC Agreement due to a For Cause Event (or a “For Cause Event” under the Sister Company LLC Agreement) or an Event of Default (or an “Event of Default” under the Sister Company LLC Agreement) by JMIR Manager (unless such For Cause Event arises in connection with the death, disability or incompetency of ▇▇▇▇▇▇▇ ▇.
The security created by the Borrower under or pursuant to the Financing Documents shall also constitute security to the Lender for the obligations of the Sister Company under the Sister Company Financing Documents, and the security created by the Sister Company under the Sister Company Financing Documents shall also constitute security for the Borrower's obligations under the Financing Documents, all in accordance with their respective terms.

More Definitions of Sister Company

Sister Company means Briad Restaurant Group, L.L.C., a New Jersey limited liability company.

Sister Company means a company that is affiliate to

Sister Company means Petrodrill Seven Limited a company incorporated under the laws of the British Virgin Islands;

Sister Company means BH-JMIR Kauai Hotel Operator, LLC, a Delaware limited liability company.

Sister Company with respect to any Person, means any other Person that is under common Control with such Person. “SnapTrack” means SnapTrack, Inc., a California corporation.

Sister Company means a Subsidiary of the Guarantor other than the Borrower.

Sister Company means any company which (a) is engaged in any business or was organized to engage in any business that is complementary to the business of developing and marketing software to provide on-line dating, match-making and personals services, the business of licensing such software to third parties and hosting the on-line, dating, match-making and personals web-sites of such third-parties and the business of hosting branded on-line dating, matching-making and personals web-sites as currently conducted by the Australian Company or as currently contemplated by the Australian Company to be conducted, (b) has at least one shareholder that is also a Company Shareholder, is an employee of the Australian Company or is related to a Company Shareholder or an employee of the Australian Company and (c) is not a Subsidiary, including, but not limited to each of the Foreign Companies.