Wholly Owned Domestic Subsidiary definition

Wholly Owned Domestic Subsidiary means a Wholly Owned Subsidiary that is also a Domestic Subsidiary.
Wholly Owned Domestic Subsidiary as to any Person, any Domestic Subsidiary of such Person that is a Material Restricted Subsidiary of such Person, and of which such Person owns, directly or indirectly through one or more Wholly Owned Domestic Subsidiaries, all of the Capital Stock of such Domestic Subsidiary.
Wholly Owned Domestic Subsidiary means at any date a Wholly-Owned Subsidiary of the Company which is a Domestic Subsidiary at such date, and “Wholly-Owned Domestic Subsidiaries” means all of them, collectively.

Examples of Wholly Owned Domestic Subsidiary in a sentence

  • If the Company or a Wholly Owned Domestic Subsidiary of the Company acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it as a separate trust fund.

  • Prior to each due date of the principal of and interest on any Security, the Company shall deposit with the Paying Agent (or if the Company or a Wholly Owned Domestic Subsidiary of the Company is acting as Paying Agent, segregate and hold in trust for the benefit of the Persons entitled thereto) a sum sufficient to pay such principal and interest when so becoming due.

  • After the Issue Date, the Issuer shall cause each Wholly Owned Domestic Subsidiary of the Issuer that Guarantees any Specified Debt of the Issuer to, within 30 days of the incurrence of such Guarantee, execute and deliver to the Trustee a Guaranty Agreement pursuant to which such Subsidiary shall Guarantee payment of the Notes on the same terms and conditions as those set forth in this Supplemental Indenture.

  • The Administrative Agent shall promptly notify each Revolving Facility Lender and each L/C of each such designation by Products and the identity of the respective Wholly Owned Domestic Subsidiary.

  • The Company will cause (i) each applicable Wholly Owned Domestic Subsidiary (other than an Excluded Subsidiary) of the Company to guarantee the Obligations pursuant to the Domestic Guaranty, and (ii) subject to the Foreign Guarantee and Collateral Exception, each Foreign Credit Party to guarantee the Obligations with respect to the Tranche B-2 Term Loans pursuant to the Foreign Guaranty.


More Definitions of Wholly Owned Domestic Subsidiary

Wholly Owned Domestic Subsidiary means a Domestic Subsidiary of the Issuer, all of the Capital Stock of which (other than directors’ qualifying shares or shares required by any applicable law or regulation to be held by a Person other than the Issuer or another Domestic Subsidiary) is owned by the Issuer or another Domestic Subsidiary.
Wholly Owned Domestic Subsidiary means, as to any Person, any Domestic Subsidiary of such Person that is a Wholly-Owned Subsidiary.
Wholly Owned Domestic Subsidiary means any Wholly Owned Subsidiary that is a Domestic Subsidiary.
Wholly Owned Domestic Subsidiary means a Domestic Subsidiary of the Company, all of the Capital Stock of which is owned by the Company or a Guarantor.
Wholly Owned Domestic Subsidiary means a Domestic Subsidiary of the Issuer, all of the Capital Stock of which is owned by the Issuer or a Guarantor.
Wholly Owned Domestic Subsidiary means a Wholly Owned Subsidiary of the Borrower that was formed or incorporated, and is existing, under the laws of any State of the United States of America or the District of Columbia.
Wholly Owned Domestic Subsidiary means, as to any Person, any Wholly Owned Subsidiary of such Person which is a Domestic Subsidiary.