Examples of Applicable Subsidiary in a sentence
The Company has not permitted any Subsidiary (other than an Applicable Subsidiary Guarantor) to create, assume, incur, guarantee or otherwise become liable in respect of any Borrowed Money Indebtedness except in accordance with paragraphs (a) to (e) of Section 10.8 of the Note Purchase Agreement.
Not Applicable Subsidiary 100.00 2(87)26 Microsol Ltd Not Applicable Subsidiary 100.00 2(87)27 PT CG Power Systems Indonesia Not Applicable Subsidiary 95.00 2(87)28 CG Power Solutions Saudi Arabia Ltd Not Applicable Subsidiary 51.00 2(87)29 PT Crompton Prima Switchgear Indonesia Not Applicable Joint Venture 51.00 2(87)30 Saudi Power Transformers Company Ltd Not Applicable Associate 49.00 2(6)31 CG International BV TR & Cont.
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.
No insolvency or bankruptcy proceeding (other than any proceeding which has been discharged, dismissed or otherwise invalidated by Closing) has been commenced against Seller, the Applicable Subsidiary or EBH under the federal Bankruptcy Code or any state law for relief of debtors.
There are no strikes, lockouts, slowdowns or other labor disputes against any Loan Party or any Applicable Subsidiary of any Loan Party pending or, to the knowledge of any Loan Party, threatened.