Canadian Subsidiary definition

Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province thereof.

Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary each direct or indirect Subsidiary of the Borrower incorporated under the laws of Canada or any state, province, commonwealth or territory thereof.

Examples of Canadian Subsidiary in a sentence

• In connection with the execution and delivery of any Canadian Subsidiary Guarantee or Canadian Security Document pursuant to this Section 5.1(13), the Borrower shall, or shall cause the relevant Canadian Subsidiary to, deliver to the Administrative Agent such corporate resolutions, certificates, legal opinions and such other related documents as shall be reasonably requested by the Administrative Agent.

• The Borrower shall cause each present and future Canadian Subsidiary to enter into, or accede to, the Canadian Subsidiary Guarantee, such that such Person guarantees in favour of the Administrative Agent, for the benefit of the Secured Parties, all Secured Liabilities of the Borrower.

• The Administrative Agent shall have received the Initial Credit Party Guarantees, the Initial Security Documents, the BVCo Guarantee, the BVCo Security Documents, the Canadian Subsidiary Guarantees and the Canadian Security Agreements, each duly executed and delivered by the parties thereto.

More Definitions of Canadian Subsidiary

Canadian Subsidiary means a Subsidiary of Canadian Borrower.

Canadian Subsidiary means any Subsidiary of the Company organized now or hereinafter under the laws of Canada or a province or territory thereof.

Canadian Subsidiary means, with respect to any Person, any Subsidiary (which may be a corporation, limited liability company, partnership or other legal entity) organized under the laws of Canada or one of the Provinces or Territories of Canada.

Canadian Subsidiary of any Person shall mean any Subsidiary of such Person incorporated, organized, or established or resident for the purposes of the Income Tax Act (Canada) as amended, in Canada or any province or territory thereof.

Canadian Subsidiary means any Subsidiary of the Company that has been formed or is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary means any Subsidiary of any Loan Party, which Subsidiary is organized under the laws of Canada or any province or territory thereof.

Canadian Subsidiary means any Foreign Subsidiary having its principal operations in Canada.