Definition of Tenant Subsidiaries


Tenant Subsidiaries means all Subsidiaries of the Borrower that are tenant under the Leases. As of the Closing Date the Tenant Subsidiaries are Triple-S Salud, Inc. (formerly Triple-S, Inc.) and Triple-S Propiedad, Inc. (formerly Seguros Triple-S, Inc.)
Sample 1

Examples of Tenant Subsidiaries in a sentence

The term Tenant Subsidiaries shall have the meaning set forth in Section 26.6.2 below.
To Sellers Knowledge, there is no suit, action, proceeding, investigation, complaint or claim pending or threatened against either of the Tenant Subsidiaries or either of the Owner Subsidiaries before any court of other Governmental Body or any arbitral tribunal.
To Sellers Knowledge, there is no suit, action, proceeding, investigation, complaint or claim pending or threatened against either of the Tenant Subsidiaries or either of the Owner Subsidiaries before an court or other Governmental Body or any arbitral tribunal.
To Sellers Knowledge, neither of the Tenant Subsidiaries is in default, nor has any event occurred which, with the giving of notice or the passage of time or both, would constitute a default, under any Contract or any other obligation owed by either Tenant Subsidiary, and no event has occurred which, with the giving of notice or the passage of time or both, would constitute a default by any other party to any such Contract.
To Sellers Knowledge, the assets of the Tenant Subsidiaries and the Owner Subsidiaries include all assets, rights and interests reasonably required for the continued conduct of the Businesses of the Lodge Resorts through the Closing.