Canadian Restricted Subsidiary definition

Canadian Restricted Subsidiary means any Canadian Subsidiary that is a Restricted Subsidiary.
Canadian Restricted Subsidiary means any Restricted Subsidiary that is organized under the laws of Canada or any province or territory thereof.
Canadian Restricted Subsidiary. Each Canadian Guarantor and any other Restricted Subsidiary organized under the laws of any province or territory of Canada or the federal laws of Canada that has not executed an Instrument of Adherence (Guaranty) in accordance with §9.14 as a result of a legal impediment or a material adverse tax impact to GWI and its Subsidiaries with respect to such Restricted Subsidiary providing a Guaranty as reasonably determined by the Borrowers and any Agent.

Examples of Canadian Restricted Subsidiary in a sentence

  • Borrower shall deliver a copy of each audited or reviewed financial statements of the UK Restricted Subsidiary or either Canadian Restricted Subsidiary that are required to be prepared under applicable law promptly following the preparation of such financial statements, but in no event shall such delivery occur prior to the date Borrower delivers its annual financial statements described above.


More Definitions of Canadian Restricted Subsidiary

Canadian Restricted Subsidiary means Portola Packaging Canada Ltd., a corporation amalgamated under the laws of British Columbia.
Canadian Restricted Subsidiary means, at any time, any direct or indirect Canadian Subsidiary of the Borrower that is not then an Unrestricted Subsidiary; provided that upon the occurrence of any such Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Canadian Subsidiary shall be included in the definition of “Canadian Restricted Subsidiary.”
Canadian Restricted Subsidiary means any direct or indirect Restricted Subsidiary of the Borrower that is incorporated or organized under the laws of Canada or any province or territory thereof.
Canadian Restricted Subsidiary means a Restricted Subsidiary organized under the laws of Canada.
Canadian Restricted Subsidiary means a Restricted Subsidiary of the Lead Borrower that is a CanadianSubsidiary. Agreement.
Canadian Restricted Subsidiary means any Restricted Subsidiary of the Company that was formed under the laws of Canada or any province of Canada.
Canadian Restricted Subsidiary means a Restricted Subsidiary of the Lead Borrower that is a Canadian Subsidiary. “Canadian Secured Parties” shall have the meaning assigned to the term “Secured Parties” in the Canadian Security Agreement.