New Subsidiary definition

New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”
New Subsidiary has the meaning assigned to such term in Section 6.11.
New Subsidiary means, as of any date of determination, any Person in which the Company after the Issuance Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”

Examples of New Subsidiary in a sentence

  • The New Subsidiary Guarantor hereby agrees, jointly and severally with all existing Subsidiary Guarantors (if any), to unconditionally guarantee the Issuer’s Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in Article 12 of the Indenture and to be bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.

  • All notices or other communications to the New Subsidiary Guarantor shall be given as provided in Section 13.02 of the Indenture.


More Definitions of New Subsidiary

New Subsidiary as defined in Section 7.2(t).
New Subsidiary has the meaning specified therefor in the Notes.
New Subsidiary has the meaning specified therefor in Section 7.01(b)(i).
New Subsidiary is defined in SECTION 7.3(G)(II).
New Subsidiary has the meaning specified in Section 7.24.
New Subsidiary as defined in Section 8.11. --------------
New Subsidiary means any Person which becomes a Subsidiary of the Company after the Closing Date.