Material Group Member means an Obligor or a Material Subsidiary; and
Material Group Member means the Company or a Material Subsidiary.
Examples of Material Group Member in a sentence
The Borrower Disposes, directly or indirectly, of any Equity Interests in (i) any Offshore Group Member; or (ii) any Onshore Material Group Member other than in connection with a Permitted Disposal.
Any Credit Party or Material Group Member suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business except as a result of any Disposal or other transaction expressly permitted under this Agreement.
More Definitions of Material Group Member
Material Group Member means a Material Group Member incorporated or organised under the laws of the United States of America or any State of the United States of America (including the District of Colombia) or that reside or has a domicile, a place of business or property in the United States of America.
Material Group Member means an Obligor or a Material Subsidiary.
Material Group Member any Group Member and its Subsidiaries that collectively have at least 2.5% or more of the total assets of the Group Members taken as a whole.
Material Group Member the Borrower and each Subsidiary that, during the period of the most recent four full fiscal quarters of the Borrower for which financial statements are available, had gross revenues representing more than one percent (1%) of the total consolidated gross revenues of the Borrower for such period.
Material Group Member means any Obligor, as well as any Group member, the EBITDA, assets and revenues of which, based on the consolidated financial statements of the Group as of the last reporting date, prepared in accordance with IFRS and provided to the Facility Administrator in accordance with Clause 17.1 (a) or (b) (Financial Statements), exceed 2.5 (two point five) per cent of the corresponding consolidated indicators of the Group based on the same financial statements.
Material Group Member any Loan Party and any other Material Subsidiary.