Subsidiary Security definition

Subsidiary Security means (i) shares of capital stock or voting securities of a Subsidiary of a Company, (ii) securities of a Subsidiary of the Company convertible into or exchangeable for shares of capital stock or voting securities of such Subsidiary, or (iii) options or other rights to acquire from a Subsidiary of the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of such Subsidiary.
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Subsidiary Security. Agreement is defined in the Revolving Credit Agreement. Syndication Agent is defined in the preamble. Tax Sharing Agreements means, collectively, (i) the Tax Sharing Agreement, dated as of August 16, 1993, among SFAC and SFC, as the same may be amended, supplemented, amended and restated, or otherwise modified from time to time in accordance with Section 7.2.13, and (ii) the Tax Sharing Agreement, dated as of August 16, 1993, among SFAC, SFC and its Subsidiaries, as the same may be amended, supplemented, amended and restated, or otherwise modified from time to time in accordance with Section 7.2.13.
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Subsidiary Security has the meaning ascribed thereto in Section 5.4. "Syndicated Facility" has the meaning ascribed thereto in Section 2.1.
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Examples of Subsidiary Security in a sentence

  • The Collateral Agent shall be reasonably satisfied that it holds (or has the reasonable ability to hold) a first priority perfected Lien in the Collateral (except to the extent permitted herein and except to the extent set forth in the Security Agreement and/or Subsidiary Security Agreement), for the ratable benefit of the Lenders, subject only to Permitted Encumbrances and Liens permitted in Section 6.9.

  • Employers should review their policies and ensure that approval to work overtime is required, and provide training to employees on these requirements.

  • Insurance certificates for all insurance required to be maintained pursuant to Section 4.3.2 of the Security Agreement and the Subsidiary Security Agreement naming the Administrative Agent, on behalf of the Lenders, as loss payee for any casualty policies and additional insured for any liability policies, all in form and substance reasonably satisfactory to the Administrative Agent.

  • The material provisions of the New Notes, the Limited Subsidiary Guaranty and the Subsidiary Security Agreement are summarized in Appendix B to this Disclosure Statement and the effectuating documents for each are included in the Plan Supplement.

  • Accordingly, it has consented to the jurisdiction of the Bankruptcy Court for the purpose of enforcing its agreement to execute, deliver and perform under the Limited Subsidiary Guaranty and the Subsidiary Security Agreement.

  • AmeriGas Propane is a limited partner of AmeriGas Eagle with a limited partner interest of more than 99% in AmeriGas Eagle, and, except for security interests under AmeriGas Propane’s April 1995 Intercreditor and Agency Agreement, as amended, AmeriGas Propane’s General Security Agreement, as amended, and AmeriGas Propane’s Subsidiary Security Agreement, as amended, AmeriGas Propane owns such limited partner interest in AmeriGas Eagle free and clear of all liens, encumbrances, charges or claims.

  • Easy access to system resources improves case management documentation, internal communication, and service referrals.

  • The New Notes will have the benefit of the Limited Subsidiary Guaranty, which is that certain guarantee of the New Notes to be provided by Enrichment Corp substantially in the form set forth in the New Indenture, which guaranty will be (i) subordinated, limited and conditional to the extent provided therein and (ii) secured to the extent provided in the Subsidiary Security Agreement.

  • Enrichment Corp has agreed to be a co-proponent and participant in the Plan for purposes of the Limited Subsidiary Guaranty and the Subsidiary Security Agreement to accompany the New Notes.

  • The New Notes, in turn, are defined as notes in the aggregate principal amount of $240.38 million, to be issued by the Reorganized Debtor under, and having the terms set forth in, the New Indenture, which new notes will have the benefit of the Limited Subsidiary Guaranty and the Subsidiary Security Agreement.


More Definitions of Subsidiary Security

Subsidiary Security means, with respect to any Subsidiary of the Company, any Equity Security of such Subsidiary.
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Subsidiary Security. Agreement shall mean a security agreement executed by a ----------------------------- Class A Subsidiary Guarantor, substantially in the form of Exhibit "J" attached ----------- hereto and incorporated herein by reference, together in each case with all extensions, renewals, amendments, substitutions and replacements thereto and thereof. Supplemental Documentation shall mean agreements, instruments, documents, -------------------------- financing statements, warehouse receipts, bills of lading, notices of assignment of accounts, schedules of accounts assigned, and other written matter necessary or reasonably requested by Agent to perfect and maintain perfected Agent's lien and security interest for the benefit of the Agent, the Lenders and the L/C Issuer in the Assigned Collateral or the Subsidiary Assigned Collateral.
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Subsidiary Security means the Security provided or to be provided by all Restricted Subsidiaries in accordance with Article 12;
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Subsidiary Security means the Equity Interests issued by or in any Subsidiary, whether or not constituting a “security” under Article 8 of the Uniform Commercial Code as in effect in any jurisdiction.
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Subsidiary Security. AGREEMENT shall mean the Security Agreement, dated as of September 28, 2001, by the Guarantors in favor of National City Bank, as Collateral Agent, as the same may be amended, restated, modified or supplemented from time to time."
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Related to Subsidiary Security

  • Subsidiary Securities collectively, the (i) investments, including Loans, acquired by a Subsidiary and delivered to the Custodian from time to time during the term of, and pursuant to the terms of, this Agreement and (ii) all dividends in kind (e.g., non-cash dividends) from the investments described in clause (i).

  • Subsidiary Security Agreement means a security agreement substantially in the form of Exhibit I hereto by the Subsidiary Guarantors in favor of the Collateral Agent.

  • Treasury Security means the United States Treasury security that the Treasury Dealer determines would be appropriate to use, at the time of determination and in accordance with standard market practice, in pricing the Debentures being redeemed in a tender offer based on a spread to United States Treasury yields.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • Book-Entry Security means any Global Securities bearing the legend specified in Section 202 evidencing all or part of a series of Securities, authenticated and delivered to the Depositary for such series or its nominee, and registered in the name of such Depositary or nominee.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • Component Security means with respect to an Index, each component security of that Index.

  • Bid Security (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Permitted Security means any Security:

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Investment security means a marketable obligation in the form of a bond, note, or debenture, commonly regarded as an investment security and which is salable under ordinary circumstances with reasonable promptness at a fair value.

  • Treasury Securities means U.S. Dollar-denominated, coupon-bearing, senior debt securities of the United States of America issued by the U.S. Treasury Department and backed by the full faith and credit of the United States of America.

  • Restricted Global Security As defined in Section 3.01(c).

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined in accordance with GAAP in good faith by a Responsible Officer, without intercompany eliminations.

  • Unrestricted Global Security means a Global Security that is not a Restricted Security.

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Pledged Treasury Securities means Treasury Securities and security entitlements with respect thereto from time to time credited to the Collateral Account and not then released from the Pledge.

  • Tender Security means the security required to be submitted by the Tenderer with its Tender Offer.