Marketing Subsidiary definition

Marketing Subsidiary means each of Black Hills Energy Resources, Inc., a South Dakota corporation, and Enserco Energy, Inc., a South Dakota corporation, and their respective subsidiaries.
Sample 1Sample 2Sample 3
Marketing Subsidiary means Enserco Energy Inc., a South Dakota corporation and its respective subsidiaries.
Sample 1Sample 2Sample 3
Marketing Subsidiary means NPMMI and any successor of NPMMI, and any other direct or indirect Subsidiary of the Company formed from time to time after the date hereof to undertake marketing activities in respect of the Company’s nickel operations or Joint Ventures or other activities currently performed by NPMMI in the place of NPMMI and no other material activities.
Sample 1Sample 2Sample 3

Examples of Marketing Subsidiary in a sentence

  • Each Gas Marketing Subsidiary will promptly comply with any and all covenants and provisions of the Guaranty and all other Loan Papers executed by such Gas Marketing Subsidiary.

  • CT Operating and each Gas Marketing Subsidiary will be required to make customary representations and warranties required by Majority Banks of guarantors.

  • The foregoing provisions shall also apply to any payments received by any Bank from a Gas Marketing Subsidiary respecting a payment under the Guaranty of such Gas Marketing Subsidiary.

  • The Guaranty and the other Loan Papers executed by CT Operating and each Gas Marketing Subsidiary are the legal and binding obligations of CT Operating and each Gas Marketing Subsidiary, enforceable in accordance with their respective terms, except as limited by bankruptcy, insolvency or other laws of general application relating to the enforcement of creditors' rights.

  • No consent, approval, authorization or order of any court or governmental authority or third party is required in connection with the execution and delivery by Company, CT Operating or any Gas Marketing Subsidiary of the Loan Papers or to consummate the transactions contemplated hereby or thereby.

  • Company, CT Operating and each Gas Marketing Subsidiary is qualified or licensed to do business in those states wherein it owns or leases property or in which the conduct of its business requires it so to qualify.

  • Concurrently with the delivery of such Application, the Borrower shall notify the Administrative Agent whether or not the requested Letter of Credit is a Marketing Subsidiary Letter of Credit.

  • The limited liability company membership interests of POPB Marketing and POPB Pipeline issued and outstanding immediately prior to the Effective Time shall remain outstanding as of and following the Effective Time in the form of limited liability company membership interests of the Marketing Subsidiary and the Pipeline Subsidiary, respectively, and shall continue to be held by the Company.

  • Any corporation, a majority of whose capital stock with voting power, under ordinary circumstances, to elect directors is, at the date of determination, directly or indirectly owned by any person as to which a determination of subsidiary status is to be made, including a Marketing Subsidiary.

  • At the Effective Time, (i) the certificate of formation of POPB Marketing, as in effect immediately prior to the Effective Time, shall be the certificate of formation of the Marketing Subsidiary, (ii) the limited liability company agreement of POPB Marketing, as in effect immediately prior to the Effective Time, shall be the limited liability company agreement of the Marketing Subsidiary, and (iii) the Company shall continue as the sole member of the Marketing Subsidiary.


More Definitions of Marketing Subsidiary

Marketing Subsidiary has the meaning set forth in Section 2.1(b).
Sample 1Sample 2
Marketing Subsidiary means Enserco Energy, Inc., a South Dakota corporation, and its subsidiaries.
Sample 1Sample 2

Related to Marketing Subsidiary

  • Participating Subsidiary means a Subsidiary which has been designated by the Administrator as covered by the Plan.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Subsidiary means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired after the date hereof.

  • Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.

  • Non-U.S. Subsidiary means a Subsidiary of the Borrower that is not a U.S. Subsidiary.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Financing Subsidiary means an SPE Subsidiary or an SBIC Subsidiary.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions and transactions related or incidental thereto.

  • Regulated Subsidiary means any Subsidiary of the Company so long as such Subsidiary is (a) a Broker-Dealer Subsidiary or (b) otherwise subject to regulation by any Governmental Authority and for which the incurrence of Indebtedness (including Guarantees) or the granting of Liens with respect to its assets would be prohibited or restricted or would result in a negative impact on any minimum capital or similar requirement applicable to it, in any case, as set forth in any rule or regulation of such Governmental Authority.

  • Subsidiary(ies) means any corporation (other than the Company) in an unbroken chain of corporations, including and beginning with the Company, if each of such corporations, other than the last corporation in the unbroken chain, owns, directly or indirectly, more than fifty percent (50%) of the voting stock in one of the other corporations in such chain.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • U.S. Subsidiary means any Subsidiary that is organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.