Wholly Owned Subsidiary. As to Borrower, any Subsidiary of Borrower that is directly or indirectly owned 100% by Borrower.
Wholly Owned Subsidiary. As to a Person, any Subsidiary of such first Person that is directly or indirectly owned one hundred percent (100%) by such first Person.
Wholly Owned Subsidiary. Any Subsidiary of Borrower or the Trust in which all of the equity interests (other than in the case of a corporation, director’s qualifying shares) are at the time directly or indirectly owned by Borrower or the Trust.
Wholly Owned Subsidiary. ....................................................7 SECTION 102. Compliance Certificates and Opinions...........................................8 SECTION 103. Form of Documents Delivered to Trustee.........................................8 SECTION 104. Acts of Holders; Record Dates..................................................9 SECTION 105. Notices, Etc., to Trustee and Company.........................................11 SECTION 106. Notice to Holders; Waiver.....................................................11 SECTION 107. Conflict with Trust Indenture Act.............................................11 SECTION 108. Effect of Headings and Table of Contents......................................12 SECTION 109. Successors and Assigns........................................................12 SECTION 110. Separability Clause...........................................................12 SECTION 111. Benefits of Indenture.........................................................12 PAGE ----
Wholly Owned Subsidiary. Any Subsidiary which the Borrower shall at all times own directly or indirectly (through a Subsidiary or Subsidiaries) at least a majority (by number of votes or controlling interests) of the outstanding voting interests and ninety-nine percent (99%) of the economic interests. For purposes of this definition, with respect to any Subsidiary of the Borrower which is a Massachusetts nominee trust, references to such Subsidiary shall be deemed to be references to the beneficiary or beneficiaries of such nominee trust.
Wholly Owned Subsidiary. As to a Person, any Subsidiary of Parent Company that is directly or indirectly owned 100% by such Person. Subject to the compliance by Borrower and the Subsidiary Guarantors with §8.18 of this Agreement, the Agent and the Lenders agree that, for so long as any real property asset of Borrower or any Subsidiary Guarantor is subject to a Tax Driven Lease Transaction, such property shall be treated as though it is owned by a Wholly Owned Subsidiary for all purposes under this Agreement. Furthermore, for so long as net cash received (whether in the form of interest on bonds or otherwise) in connection with any Tax Driven Lease Transaction equals the net cash paid (whether in the form of rent or otherwise) under the applicable Tax Driven Lease Transaction Documents, such amounts shall be disregarded for purposes of calculating the financial covenants in §9.
Wholly Owned Subsidiary. As to the Borrower or REIT, any Subsidiary of the Borrower or REIT that is directly or indirectly owned one hundred percent (100%) by the Borrower or REIT, respectively.
Wholly Owned Subsidiary. 39 SECTION 102. Compliance Certificates and Opinions......................... 39 SECTION 103. Form of Documents Delivered to Trustee....................... 40 SECTION 104. Acts of Holders.............................................. 41 SECTION 105. Notices, etc., to Trustee and Company........................ 43
Wholly Owned Subsidiary. Due to the Merger of Shares, Oi shall be a wholly owned subsidiary of TelPart. CLAUSE SEVEN – PROPOSAL FOR CHANGES TO THE TELPART BY-LAWS
Wholly Owned Subsidiary. From and after the Effective Date, the following shall be added as a new Section 8(k)(v) to Confirmation: “(v) NuVasive, Inc. ceases to be a wholly-owned subsidiary of Globus Medical, Inc.”
