Specified Subsidiaries. Exhibit A attached hereto shall constitute a new Schedule IV to the Agreement.
Specified Subsidiaries. No Specified Subsidiary shall, nor shall the Loan Parties permit any Specified Subsidiary to, conduct any material business operations (other than customary activities incidental to their organizational existence and participation in intercompany cash management activities and intercompany leasing activities, in each case consistent with past practice) or own any material assets or incur any material liabilities, in each case other than those assets and liabilities in existence on the Effective Date or as otherwise contemplated by this sentence (including, for the avoidance of doubt, performing its obligations under the Loan Documents and the granting of Liens thereunder) and the making and/or receipt of additional intercompany investments permitted hereunder.
Specified Subsidiaries. Each of the Company and the Specified Subsidiaries shall cause any Subsidiary that (i) is not then a party to this Agreement and (ii) becomes, or otherwise satisfies the criteria of, a Specified Subsidiary, to promptly (and in any event, within five (5) Business Days) become party to this Agreement by executing and delivering to the Company a Specified Subsidiary Joinder Agreement in the form attached hereto as Annex A-2, and to agree to be bound and shall be bound by all the terms and conditions of this Agreement as a “Specified Subsidiary.” No later than one (1) Business Day following such execution, the Company shall deliver to each MSD Partners Stockholder a notice thereof, together with a copy of such Specified Subsidiary Joinder Agreement.
Specified Subsidiaries. For the avoidance of doubt, the assets of the Specified Subsidiaries are not and shall not be required to be pledged as Collateral under this Agreement or any other Loan Document and none of the Specified Subsidiaries are or shall be deemed to be a Borrower, a Loan Guarantor or a Grantor (as defined in the Security Agreement). The Agent and the Lenders hereby agree that at all times, including, without limitation, (a) if an Event of Default has occurred and is continuing or (b) if the Lenders become judgment creditors and seek to attach or levy upon any assets of the Parent Borrower or any of its Subsidiaries to enforce any such judgment, DICL will continue to be operated in compliance with the regulatory guidelines required by the Bermuda Monetary Authority and the Arkansas Insurance Department.
Specified Subsidiaries. Notwithstanding anything to the contrary contained in any Loan Document, any Domestic Subsidiary that would otherwise be a FSHCO absent this Section 7.9(f) and that directly owns Equity Interests in an Australian Subsidiary that is a CFC (each, a “Specified Subsidiary”) shall not be a FSHCO and, therefore, shall be a Loan Party; provided, however, that if adverse tax consequences would result to any Loan Party from the pledge of more than sixty-five percent (65%) of the total outstanding voting Equity Interests of such Australian Subsidiary as reasonably determined by the Borrower with the Administrative Agent in writing, then (i) such Specified Subsidiary shall be deemed to be a FSHCO and shall cease to be a Loan Party, (ii) such Specified Subsidiary shall be required to pledge all Equity Interests of each Foreign Subsidiary that it directly holds, other than any such Equity Interests that are Excluded Assets (including for the avoidance of doubt Equity Interests in excess of sixty-five percent (65%) of the total outstanding voting Equity Interests (and one-hundred percent (100%) of the non-voting Equity Interests) of such Australian Subsidiary), and deliver such documents and certificates to the Administrative Agent and take such other actions as required under Section 7.9(b) within forty-five (45) days from the date of such determination as if Section 7.9(b) applied to such Specified Subsidiary and (iii) one-hundred percent (100%) of the Equity Interests of such Specified Subsidiary shall be an Excluded Asset.
Specified Subsidiaries. The Subsidiary Guarantors are the only Persons through which AGFC conducts or services its “branch” loan receivables originated in the United States (excluding its possessions and territories).
Specified Subsidiaries. The Subsidiary Guarantors are the only Persons through which Springleaf conducts or services its “branch” Eligible Loan Receivables originated in the United States (excluding its possessions and territories).
Specified Subsidiaries. “Specified Subsidiaries” shall have the meaning set forth in Section 2.6(b).
Specified Subsidiaries. 150 Section 10.21 Marketing Consent .................................................................................. 150 Section 10.22 Acknowledgement and Consent to Bail-In of Affected Financial Institutions............................................................................................... 150 Section 10.23 Acknowledgement Regarding Any Supported QFCs ............................. 151 Section 10.24 Several Obligations; Violation of Law ................................................... 152 Section 10.25 Disclosure ............................................................................................... 152 Section 10.26 Appointment for Perfection ....................................................................
Specified Subsidiaries. The definition of “Specified Subsidiaries” in the Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following: “ ‘Specified Subsidiaries’ shall mean, collectively, (a) Maryland Wire, (b) H&H Tube, (c) H&H Electronic, (d) Hardy & Xxxxxx Ele (Asia) SdN Bhd., a Malaysian corporation, (e) Indiana Tube Denmark (effective as of December 31, 2008), (f) Sumco (effective upon the consummation of either (x) the sale of all of the Capital Stock of Sumco as permitted by Section 9.7(b)(viii) hereof or (y) the sale or other disposition of all or substantially all of the assets and properties of Sumco as permitted by Section 9.7(b)(viii) hereof (other than the Real Property and related Equipment of Sumco located in Indianapolis, Indiana) and either the cessation of operations of Sumco or the winding up, liquidation or dissolution of Sumco as permitted by Section 9.7(c) hereof), and (g) the Exempt Subsidiary (effective upon the consummation of either (x) the sale of all of the Capital Stock of the Exempt Subsidiary as permitted by Section 9.7(b)(ix) hereof or (y) the sale or other disposition of all or substantially all of the assets and properties of the Exempt Subsidiary as permitted by Section 9.7(b)(ix) hereof and the cessation of operations of the Exempt Subsidiary).”
