Bankrupt Subsidiary definition

Bankrupt Subsidiary means any Subsidiary of the Company that is a debtor under the Bankruptcy Code immediately after the date of this Indenture.
Bankrupt Subsidiary any Subsidiary of the Borrower that is a debtor under the Bankruptcy Code as of the Closing Date.
Bankrupt Subsidiary means any of Covanta Warren Energy Resource Co. LP, a Delaware limited partnership, Covaxxx Xxke II, Inc., a Florida corporation, Covanta Tampa Construction, Inc., a Delaware corporation, Covanta Tampa Bay, Inc., a Florida corporation, Covanta Warren Holdings I, Inc., a Virginia corporation, or Covanta Warren Xxxxxxgs II, Inc., a California corporation, in each case so xxxx as such Person remains subject to the Chapter 11 Cases before the Bankruptcy Court.

More Definitions of Bankrupt Subsidiary

Bankrupt Subsidiary means any of the Warren Subsidiaries, the Lake Subsidiary or the Tampa Subsidiaries, ix xxxx case so long as such Debtor remains subject to its Chapter 11 Case before the Bankruptcy Court.
Bankrupt Subsidiary means any of Covanta Warren Energy Resource Co. LP, a Delaware limited partnership, Covanta Lake, Inc., a Florida corporation, Covanta Babylon, Inc., a New York corporation, Covanta Construction, Inc., a Delaware corporation or Covanta Tampa Bay, Inc., a Florida corporation, in each case so long as such Person remains subject to the Chapter 11 Cases before the Bankruptcy Court.
Bankrupt Subsidiary means any of Covanta Warren Energy Resource Co. LP, a Delaware limited partnership, Covanta Lake II, Inc., a Florida corporation, Covanta Tampa Construction, Inc., a Delaware corporation, Covanta Tampa Bay, Inc., a Florida corporation, Covanta Warren Holdings I, Inc., a Virginia corporation, or Covanta Warren Holdings II, Inc., a California corporation, in each case so long as such Person remains subject to the Chapter 11 Cases before the Bankruptcy Court.
Bankrupt Subsidiary means any of the Warren Subsidiary, the Lake Subsidiary, the Tampa Subsidiaries or the Babylon Subsidiary, in each case so long as such Debtor remains subject to its Chapter 11 Case before the Bankruptcy Court.
Bankrupt Subsidiary. Bankruptcy Court”; “Blue Spruce Refinancing Facility”; “Bridge Loan Documents”; “Bridge Loan Facility”; “Bridge Loans”; “CalGen Makewhole Payment”; “Capital Expenditure”; “Capital Lease Obligations”; “Capital Stock”; “Case”; “Cash Equivalents”; “CCFC Guaranty”; “Commonly Controlled Entity”; “Consolidated EBITDA”; “Consolidated Interest Coverage Ratio”; “Consolidated Interest Expense”; “Consolidated Leverage Ratio”; “Consolidated Senior Leverage Ratio”; “Compliance Certificate”; “Contractual Obligation”; “Confidential Information Memorandum”; “Disposition”; “Disqualified Capital Stock”; “Domestic Subsidiary”; “Eligible Facility”; “Environmental Laws”; “ERISA Reorganization”; “Excess Cash Flow”; “Excluded Subsidiary”; “Existing DIP Agreement”; “First Priority Term Loans”; “Foreign Subsidiary”; “Freeport Guaranty”; “GAAP”; “Global Entity”; “Greenfield Guaranty”; “Geysers Entities”; “Incremental Term Loans”; “Insolvency”; “Intellectual Property”; “Investment”; “Loan”; “Materials of Environmental Concern”; “Xxxxxxx Refinancing Facility”; “Xxxxx’x”; “Multiemployer Plan”; “Net Cash Proceeds”; “Pasadena Guaranty”; “PBGC”; “Performance Guarantee”; “Permitted PPA Counterparty Lien”; “Pittsburg/ DEC/LMEC Guaranty”; “Plan”; “Plan Effective Date”; “Plan of Reorganization”; “PPA Intercreditor Agreement”; “Project”; “Project Investments”; “Project Subsidiary”; “Prudent Industry Practice”; “Reinvestment Deferred Amounts”; “Reportable Event”; “Reorganization”; “Requirements of Law”;

Related to Bankrupt Subsidiary

  • Insignificant Subsidiary means, on any date, any Subsidiary of Caterpillar or CFSC whose aggregate asset value, as reasonably calculated by Caterpillar in accordance with generally accepted accounting principles, is at less than or equal to $50,000,000 on such date.

  • Relevant Subsidiary means any fully consolidated subsidiary of HeidelbergCement AG and for purposes only of this § 2 does not include any subsidiary which has one or more classes of equity securities (other than, or in addition to any convertible bonds or similar equity linked securities) which are listed or traded on a regulated stock exchange.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Dormant Subsidiary means a Subsidiary that owns assets in an amount equal to no more than $5,000,000 or is dormant or otherwise inactive.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Significant Subsidiary means any Subsidiary that would be a "significant subsidiary" as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the date of this Indenture.

  • Qualified Subsidiary means any direct or indirect Domestic Subsidiary or Eligible Foreign Subsidiary.

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

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

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Non-Material Subsidiary means, at any date of determination, any Subsidiary of Holdings that is not a Material Subsidiary.

  • Significant Domestic Subsidiary means any Domestic Subsidiary that is a Significant Subsidiary.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Specified Subsidiary means, at any date of determination (a) any Material Subsidiary or (b) any Unrestricted Subsidiary (i) whose total assets at the last day of the Test Period ending on the last day of the most recent fiscal period for which Section 9.1 Financials have been delivered were equal to or greater than 10% of the Consolidated Total Assets of the Borrower and the Subsidiaries at such date, or (ii) whose revenues during such Test Period were equal to or greater than 10% of the consolidated revenues of the Borrower and the Subsidiaries for such period, in each case determined in accordance with GAAP, and (c) each other Unrestricted Subsidiary that is the subject of an Event of Default under Section 11.5 and that, when such Subsidiary’s total assets or revenues are aggregated with the total assets or revenues, as applicable, of each other Subsidiary that is the subject of an Event of Default under Section 11.5 would constitute a Specified Subsidiary under clause (b) above.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Immaterial Domestic Subsidiary means any Domestic Subsidiary that is not a Material Domestic Subsidiary.

  • Immaterial Subsidiary means any Subsidiary that is not a Material Subsidiary.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Material Subsidiaries Subsidiaries of the Parent Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.

  • Excluded Entity means a corporation or other entity of which the holders of voting capital stock of the Company outstanding immediately prior to such transaction are the direct or indirect holders of voting securities representing at least a majority of the votes entitled to be cast by all of such corporation’s or other entity’s voting securities outstanding immediately after such transaction.