Active Subsidiaries definition

Active Subsidiaries means all Subsidiaries other than those listed on Schedule 1.01(a).
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Active Subsidiaries has the meaning set forth in Section 3.3 hereof.
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Active Subsidiaries means Seven Seas Petroleum USA Inc., a Delaware corporation, Seven Seas Petroleum Colombia Inc., a Cayman Islands company, Petrolinson SA, a Panamanian corporation, and GHK Company Colombia, an Oklahoma corporation. COLLATERAL AGENT means the Mortgagee as collateral agent under the certain Collateral Sharing Agreement;
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Examples of Active Subsidiaries in a sentence

  • Each parcel of land that an KGEM Active Subsidiaries closes on, is considered a facility.

  • Each of the Company and its Active Subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the business conducted by it makes such qualification necessary, except to the extent that the failure to be so qualified or be in good standing would not have a material adverse effect on the Company and its Active Subsidiaries taken as a whole.

  • The Company and its Active Subsidiaries are corporations duly organized and validly existing in good standing under the laws of the jurisdiction in which they are incorporated, and have the requisite corporate power to own their properties and to carry on their business as now being conducted.

  • Each of this Note and all other Transaction Documents have been duly authorized, executed and delivered by the Company and each of the Active Subsidiaries that is a party thereto, and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof and thereof.

  • Notwithstanding anything to the contrary contained herein or in any other document delivered by the Company or the Active Subsidiaries pursuant hereto (together with this Note, the other 2009 Notes and including the documents described in Section 1(b) hereof, the “Transaction Documents”), all payments made by the Company shall be applied to principal, interest, fees and other charges due the Holder hereunder in such order of priority as the Holder shall elect.


More Definitions of Active Subsidiaries

Active Subsidiaries means all of the Company’s Subsidiaries, other than the Inactive Subsidiaries.
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Active Subsidiaries means any of the Borrower's Consolidated Subsidiaries which either (i) own Property having a fair value in excess of $100,000, or (ii) have revenue or income in excess of $100,000 in any fiscal year during the term of this Agreement.
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Active Subsidiaries means those Subsidiaries listed as such on Schedule 1.01 of the Disclosure Schedule.
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Active Subsidiaries all Subsidiaries of the Guarantor other than ------------------- those listed on Schedule 1.1(a).
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Active Subsidiaries means each Subsidiary of the Company other than ------------------- any Inactive Subsidiary.
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Active Subsidiaries means collectively, (i) each Subsidiary of the Borrower shown on Schedule 4.1 hereof as being an Active Subsidiary as of the Closing Date and (ii) each other Subsidiary of the Borrower which at any time in the future (A) becomes an Accredited Subsidiary or (B) has revenues (on a consolidated basis) of $300,000 or more in any Fiscal Year.
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Active Subsidiaries means those Subsidiaries listed on Exhibit B under the heading Direct Subsidiaries or Indirect Subsidiaries, but does not include any Subsidiaries listed on Exhibit B under the heading Inactive Subsidiaries.
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