subsisting definition

subsisting. , in reference to a licence, means a licence that has not been suspended or revoked and that has not expired.
subsisting means subsisting immediately before the commencement day.
subsisting means, according to the context, existing or in force immediately before the transfer day;

More Definitions of subsisting

subsisting or “subsists” means: (a) with respect to any Potential Event of Default, that such Potential Event of Default is not remedied and is unwaived; or (b) with respect to any Event of Default, that: (i) such Event of Default is not remedied to the satisfaction of the Intercreditor Agent, provided that this paragraph (i) shall not apply if and to the extent that any Senior Lender has commenced the enforcement of any of its rights under or in connection with the Senior Finance Documents; or (ii) such Event of Default is unwaived.
subsisting means valid, enforceable and unexpired.
subsisting means, in respect of a licence or certificate of authority, that the licence or certificate has not expired and has not been cancelled;
subsisting means an Option or Option to Option to Subscribe" Subscribe (as the case may be) which has not been exercised to the full extent possible under the Rules and which has not lapsed, been cancelled or otherwise terminated;