Examples of Applicable Subsidiaries in a sentence
The Borrower, together with the Applicable Subsidiaries, on a consolidated basis are Solvent.
All payments due from the Loan Parties or any of their respective Applicable Subsidiaries, or for which any claim may be made against the Loan Parties or any of their respective Applicable Subsidiaries, on account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of the Loan Party or such Applicable Subsidiary, as appropriate.
Each of the Loan Parties and their respective Applicable Subsidiaries has title or the contractual right to possess its properties sufficient for the conduct of its business and none of such properties is subject to any Lien except as permitted in Section 5.10.
FINANCIAL STATEMENTS The Board members are keenly aware of their responsibilities as directors of a Group which delivers an essential utility service and which is of such strategic importance to the local economy and its people.
We can incorporate this behaviour into the problem by giving u an additional component uI to represent the current stage inflow, and writing the constraint set in (2) asuθ + uH = δt, uH + uS − uI = xS, uI = αxI + Et, u ≥ 0.Now suppose that a problem of the form (1) is to be solved by stochastic dual dy- namic programming (SDDP).