Subidiaries definition
Subidiaries means with respect to any party, any bank, corporation, partnership or other organization, whether incorporated or unincorporated, which is consolidated with such party for financial reporting purposes; provided, however, with respect to M&T "Subsidiary" or "Subsidiaries" shall not include First Empire Capital Trust I, First Empire Capital Trust II or OnBank Capital Trust I.
Examples of Subidiaries in a sentence
Notwithstanding anything to the contrary contained herein, Licensor agrees to allow Licensee to pledge this Agreement as security for the obligations of Licensee under that certain Indenture dated as of August 24, 2001, between Licensee, as issuer, its Subidiaries, as guarantors, and The Bank of New York, as trustee.
As of the Closing Date (after giving effect to the Canaccede Restructing), Schedule 5.8 (as such Schedule may be updated by the Borrowers from time to time as provided in Section 6.13(b) or Section 6.13(c)) contains an accurate list of all Subidiaries of Holdings, setting forth their respective jurisdictions of organization and the percentage of their respective ownership interests owned by Holdings or its Subsidiaries.