Affected German Guarantor definition

Affected German Guarantor has the meaning set forth in Section 7.13(a).

Examples of Affected German Guarantor in a sentence

  • The value of the Net Assets shall be determined in accordance with Accounting Principles consistently applied by the Affected German Guarantor in preparing its unconsolidated balance sheets (Jahres-abschluss) pursuant to sections 42 GmbH-Gesetz in connection with 242,264 of the German Commercial Code (HGB) in previous years.

  • The value of the Net Assets shall be determined in accordance with Accounting Principles consistently applied by the Affected German Guarantor in preparing its unconsolidated balance sheets (Jahres-abschluss) pursuant to sections 42 GmbH-Gesetz in connection with 242, 264 of the German Commercial Code (HGB) in previous years.

Related to Affected German Guarantor

  • German Guarantor means a Guarantor incorporated under the laws of Germany as a GmbH.

  • Loan Guarantor means each Loan Party.

  • Canadian Guarantor means each Guarantor that is incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Affected Foreign Subsidiary means any Foreign Subsidiary to the extent such Foreign Subsidiary acting as a Subsidiary Guarantor would cause a Deemed Dividend Problem.

  • Swiss Guarantor means a Guarantor incorporated, or for tax purposes resident, in Switzerland.

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Foreign Guarantor means any Guarantor that is not organized under the laws of the United States or any jurisdiction within the United States.

  • U.S. Guarantor means a Guarantor whose jurisdiction of organisation is a state of the United States of America or the District of Columbia.

  • Swap Guarantor If so specified in the Supplement with respect to any Series, the guarantor specified as such in such Supplement.

  • Loan Guaranty means Article X of this Agreement.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.

  • Affected Party has the meaning specified in Section 5(b).

  • Immaterial Foreign Subsidiary means any Foreign Subsidiary of the Borrower that is not a Material Foreign Subsidiary.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • First Tier Foreign Subsidiary means each Foreign Subsidiary with respect to which any one or more of the Borrower and its Domestic Subsidiaries directly owns or Controls more than 50% of such Foreign Subsidiary’s issued and outstanding Equity Interests.

  • Non-Guarantor means any Restricted Subsidiary that is not a Guarantor.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Loan guarantee means the Guarantee by each Guarantor of the Obligations (other than any Obligations with respect to Swap Contracts of Treasury Services Agreements), executed pursuant to the provisions of the Facility Guaranty.

  • Purchasing Borrower Party means any of the Borrower or any Restricted Subsidiary.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Material Foreign Subsidiary means any Foreign Subsidiary that is a Material Subsidiary.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.