Additional Subsidiary definition

Additional Subsidiary means a Subsidiary of PPL Montana designated as an "Additional Subsidiary" in accordance with Section 6.8 of the Participation Agreement.
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Additional Subsidiary means any Subsidiary formed or acquired on or after February 28, 2002 (1) which is a Material Subsidiary, (2) which is a Subsidiary of NNL, (3) which is not a Subsidiary of NNI, (4) which is not a U.S. Subsidiary and (5) with respect to which the Additional Collateral Requirement is required to be satisfied; provided that on and after the Refinancing Effective Date with respect to any Credit Agreement, "Additional Subsidiary" for the purpose of this Agreement will also include any Subsidiary formed or acquired on or after the Refinancing Effective Date with respect to which the Additional Collateral Requirement is required to be satisfied (for the avoidance of doubt, if with respect to any Subsidiary, the Additional Collateral Requirement shall have been met pursuant to any Security Document other than the Pledge Documents, then such Subsidiary shall not be an Additional Subsidiary for the purpose hereof.)
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Additional Subsidiary is defined in Section 5.12.
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Examples of Additional Subsidiary in a sentence

  • The Additional Subsidiary Guarantor hereby instructs its counsel to deliver the opinions referred to in Section 6.10(a)(iii) of the Credit Agreement to the Secured Parties.

  • Pursuant to Section 8.12(a) of the Loan Agreement, the Additional Subsidiary Guarantor hereby agrees to become a “Subsidiary Guarantor” for all purposes of the Loan Agreement, and a “Grantor” for all purposes of the Security Agreement.

  • The Additional Subsidiary Guarantor hereby agrees, jointly and severally with all other Guarantors, to guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture (including Article 11).

  • The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Additional Subsidiary Guarantors and the Company.

  • Effective upon the execution and delivery hereof, the Additional Subsidiary Guarantor hereby agrees that it shall become a “Subsidiary Guarantor” under and for all purposes of the Credit Agreement and the Pledge Agreement with all the rights and obligations of a Subsidiary Guarantor thereunder.


More Definitions of Additional Subsidiary

Additional Subsidiary for the purpose of this Agreement will also include any Subsidiary formed or acquired on or after the Refinancing Effective Date with respect to which the Additional Collateral Requirement is required to be satisfied (for the avoidance of doubt, if with respect to any Subsidiary the Additional Collateral Requirement shall have been met pursuant to any Security Document other than the Pledge Documents, then such Subsidiary shall not be an Additional Subsidiary for the purpose hereof).
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Additional Subsidiary means any entity which, after the date hereof, becomes controlled by the Company or any Subsidiary as a result of the ownership by the Company or an Additional Subsidiary, singularly or collectively, of more than 50% of the outstanding voting securities of such entity or the Company becoming a general partner, managing member or holding another similar position that enables it to direct management and policies thereof.
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Additional Subsidiary means any Subsidiary of the Company other than TV Azteca and its Subsidiaries, provided such Subsidiary does not own any Capital Stock of, or any Lien on any property of, TV Azteca or any of its Subsidiaries.
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Additional Subsidiary means any Subsidiary formed or acquired on or after February 28, 2002 (1) which is a Material Subsidiary, (2) which is a Subsidiary of NNI or NNL, (3) which is not a U.S. Subsidiary and (5) with respect to which the Additional Collateral Requirement is required to be satisfied; provided that on and after the Refinancing Effective Date with respect to any Credit Agreement, "Additional Subsidiary" for the purpose of this Agreement will also include any Subsidiary formed or acquired on or after the Refinancing Effective Date with respect to which the Additional Collateral Requirement is required to be satisfied (for the avoidance of doubt, if with respect to any Subsidiary the Additional Collateral Requirement shall have been met pursuant to any Security Document other than the Pledge Documents, then such Subsidiary shall not be an Additional Subsidiary for the purpose hereof).
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Additional Subsidiary means any Subsidiary that becomes an Additional Subsidiary in accordance with the requirements of Section 6.12. ------------
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Additional Subsidiary means any Subsidiary of Sands Regent other than Borrower. However, to the extent, and only to the extent, that either Borrower or Sands Regent are liable for an obligation of an Additional Subsidiary (whether pursuant to a guaranty or otherwise), with such liability to be determined in accordance with GAAP, such obligations shall not constitute an Additional Subsidiary Item.
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Additional Subsidiary is defined in Section 1.03.
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