Direct Subsidiaries definition

Direct Subsidiaries means, collectively, Sino-Panel Holdings Limited, Sino-Global Holdings Inc., Sino-Panel Corporation, Sino-Capital Global Inc., SFC Barbados, Sino-Forest Resources Inc. Sino-Wood Partners, Limited.

Direct Subsidiaries has the meaning set forth in the recitals.

Direct Subsidiaries means any Subsidiary owned directly by the Issuer, which as at the Issue Date is:

Examples of Direct Subsidiaries in a sentence

• SFC shall be deemed to assign, transfer and convey to SFC Barbados those SFC Intercompany Claims and/or Equity Interests in one or more Direct Subsidiaries as agreed to by SFC and the Initial Consenting Noteholders prior to the Plan Implementation Date (the “ Barbados Property”) first in full repayment of the Barbados Loans and second, to the extent the fair market value of the Barbados Property exceeds the amount owing under the Barbados Loans, as a contribution to the capital of SFC Barbados by SFC.

• PERSONS CONTROLLED BY OR UNDER COMMON CONTROL Direct Subsidiaries The following list sets forth each of our subsidiaries, the state or country under whose laws the subsidiary is organized, and the percentage of voting securities or membership interests owned by us in such subsidiary: A.C. Corporation (Delaware)100%AC Notes Holdings LLC (Delaware)100%ACAS, LLC (Delaware)100%ARCC AIP Holdings, LLC (Delaware)100%ARCC API Corp.

• SFC shall be deemed to assign, transfer and convey to SFC Barbados those SFC Intercompany Claims and/or Equity Interests in one or more Direct Subsidiaries as agreed to by SFC and the Initial Consenting Noteholders prior to the PlanImplementation Date (the “ Barbados Property”) first in full repayment of the Barbados Loans and second, to the extent the fair market value of the Barbados Property exceeds the amount owing under the Barbados Loans, as a contribution to the capital of SFC Barbados by SFC.

• Group Company - Parent Company and Direct Subsidiaries- If the Parent Company directly holds 51% or more of the equity share capital in their subsidiary companies, then such subsidiary companies are called direct subsidiaries and shall be considered as part of group companies.

• The Issuer shall ensure (and shall procure that the relevant Group Companies pledging assets shall ensure) that all shares in SSM Fastigheter and the SSM Direct Subsidiaries are pledged in favour of the Agent and the Holders (represented by the Agent) as first ranking security in accordance with the SSM Fastigheter Share Pledge Agreement and the SSM Share Pledge Agreements.

More Definitions of Direct Subsidiaries

Direct Subsidiaries means those of the Subsidiaries that are directly held by the Sellers as set out in Appendix 1.21.

Direct Subsidiaries means each of TFX Marine Incorporated, Sierra International Inc., Teleflex Canada Inc., Teleflex Canada Limited Partnership, Teleflex Pte Ltd., Teleflex Pty Ltd., and Teleflex Marine France Sarl.

Direct Subsidiaries means the Subsidiaries listed under the heading Direct Subsidiaries on Exhibit B, all of which are Active Subsidiaries.

Direct Subsidiaries has the meaning set forth in the preamble to this Agreement.

Direct Subsidiaries has the meaning assigned to such term in the Recitals.

Direct Subsidiaries. Defined in Section 4.3.

Direct Subsidiaries means, collectively, American Casino & Entertainment Properties Finance Corp., a Delaware corporation; Aquarius LLC, a Nevada limited liability company; Stratosphere LLC, a Nevada limited liability company; and Charlie’s Holding, LLC, a Delaware limited liability company.