Wholly Owned Subsidiaries definition

Wholly Owned Subsidiaries means any corporation, 100% of the outstanding voting stock of which shall at the time be owned by the Company or by one or more Wholly-Owned Subsidiaries, or any other entity or enterprise, 100% of the equity of which shall at the time be owned by the Company or by one or more Wholly-Owned Subsidiaries.

Wholly Owned Subsidiaries means, with respect to any Person, any corporation, limited liability company, partnership, association or other business entity of which (i) if a corporation, one hundred percent (100%) of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Wholly-Owned Subsidiaries of that Person or a combination thereof or (ii) if a limited liability company, partnership, association or other business entity, all of the limited liability company, partnership or total ownership interest thereof is at the time owned or controlled, directly or indirectly, by any Person or one or more other Wholly-Owned Subsidiaries of that Person or a combination thereof.

Wholly Owned Subsidiaries means, as of any date, all Subsidiaries that are wholly-owned by Borrower or a wholly-owned Subsidiary of Borrower. "Wholly-Owned Subsidiary" means any one of the Wholly-Owned Subsidiaries.

Examples of Wholly Owned Subsidiaries in a sentence

• Acquire, form, incorporate or organize any Subsidiary or permit to exist any Subsidiary (i) having any Capital Stock that is not wholly owned by Borrower directly or through other Wholly Owned Subsidiaries or (ii) that is not a Guarantor or Unrestricted Subsidiary.

• Member further represents and warrants that the entities listed on Exhibit A are current Wholly Owned Subsidiaries of Member and if the status of any such entity changes such that it no longer meets the definition of a Wholly Owned Subsidiary, or the Member desires to otherwise update such list, Member will promptly provide the SD Association with a new signed and dated Exhibit A that reflects such updates.

• Wholly Owned Subsidiaries of Executive Members and/or General Members may be afforded the benefits of a General Member as set forth in Section 2.4 (ii) without the additional payment of dues, assessments and fees.

• The Company or any of its domestically organized Wholly Owned Subsidiaries may act as Paying Agent or Registrar.

• Notwithstanding anything to the contrary herein or in any other Loan Document, the Borrower and each of its Wholly- Owned Subsidiaries shall be deemed to be Wholly-Owned Subsidiaries of the Parent.1.03 Accounting Terms.

More Definitions of Wholly Owned Subsidiaries

Wholly Owned Subsidiaries means one or more subsidiaries 100% owned by ALS which is or has been created for the sole purpose of acquiring or constructing and owning and operating a Facility.

Wholly Owned Subsidiaries means direct or indirect wholly owned Subsidiaries of a Person.

Wholly Owned Subsidiaries means the Subsidiaries that are 100% owned by the Company, as indicated in the SEC Reports.

Wholly Owned Subsidiaries means one or more subsidiaries 100% owned by SALI or a Borrower or by any Wholly Owned Subsidiary of SALI or a Borrower which is or has been created for the sole purpose of acquiring or constructing and owning and operating a Facility which is included in the Borrowing Base.

Wholly Owned Subsidiaries means, with respect to any Person, any subsidiary of such Person, except that, solely for purposes of this definition, the reference to “more than 50%” in the definition of “subsidiary” shall be deemed replaced by a reference to “100%”.

Wholly Owned Subsidiaries means companies or other business organizations all of the outstanding Voting Securities of which are owned, directly or indirectly, by either or both of FT and DT, other than any de minimis ownership required by Applicable Law.

Wholly Owned Subsidiaries means the subsidiaries of the Company identified as such in Schedule "B" hereto. All references to dollar figures in this Agreement are to Canadian dollars.