Charging Subsidiary definition

Charging Subsidiary means Lending Crowd Limited.
Sample 1Sample 2
Charging Subsidiary means a Subsidiary of the Company which is the registered owner of, or holds title to, any Charged Asset.
Sample 1Sample 2
Charging Subsidiary means, as at the Effective Date, each of: • Foodstuffs (South Island) Properties Limited; • Xxxxxxx Manufacturing Limited; • Cash Wholesalers (South Island) Limited; • Trents Wholesale Limited; • Trents Wholesale (Liquor) Limited; • Cash Wholesalers Limited; • Transport South Island Logistics Limited, and any Subsidiary which shall at any time subsequently become a Charging Subsidiary pursuant to clause 5.13 and in each case remains a Charging Subsidiary;
Sample 1

Examples of Charging Subsidiary in a sentence

  • The Issuer also covenants, and each Charging Subsidiary will covenant in the Bond Trust Deed, that it shall not, save as expressly permitted by the Bond Trust Deed and/or the Security Documents, sell, transfer, grant or lease or otherwise dispose of all or any part of the Security Assets without the prior written consent of the Bond Trustee or the Security Trustee, as applicable, or as permitted under these Conditions, the Bond Trust Deed and/or the Security Documents.

  • The Issuer covenants to comply with, and to procure that each Charging Subsidiary complies with, its various undertakings set out in the Bond Trust Deed and the Security Documents including, but not limited to, undertakings as to the maintenance of the Charged Properties.

  • The Issuer covenants, and each Charging Subsidiary will covenant in the Bond Trust Deed, in each case for so long as any of the Bonds remain outstanding, save as expressly permitted by the Bond Trust Deed and/or the Security Documents, not to create or permit to subsist, over any of the Security Assets, any mortgage or charge or any other security interest ranking in priority to, or pari passu with, the Security, excluding, for this purpose any security interest created by operation of law.

  • The Issuer or any of its Subsidiaries (including, without limitation, any Charging Subsidiary) may at any time purchase Bonds (provided that all unmatured Coupons appertaining to the Bonds are purchased with the Bonds) in any manner and at any price.

  • For so long as any of the Notes remains outstanding (as defined in the Note Trust Deed), the Issuer covenants to comply with, and to procure that each Charging Subsidiary complies with, its various undertakings set out in the Note Trust Deed and the Security Documents including, but not limited to, undertakings as to the maintenance of the Charged Properties.

  • No Bondholder or Couponholder may proceed directly against the Company or any Charging Subsidiary unless the Trustee, having become bound so to proceed, fails to do so within a reasonable time and such failure is continuing.

  • Use of Proceeds: The net proceeds of the issue of the Bonds (after deduction of expenses payable by the Issuer) shall be applied in furtherance of the Issuer's objects as permitted by its Rules including, without limitation, on-lending to its Subsidiaries and the repayment of any existing indebtedness of the Issuer and the Original Charging Subsidiary.

  • The Bond Trustee, the Bondholders, the Couponholders and the other Secured Parties may take any suit, action or proceeding arising out of or in connection with these presents (including any suit, action or proceedings relating to any non-contractual obligations arising out of or in connection with these presents) (together referred to as Proceedings) against the Issuer or any Charging Subsidiary in any other court of competent jurisdiction and concurrent Proceedings in any number of jurisdictions.

  • The Bondholders have the benefit of security allocated to them pursuant to a Security Trust Deed dated 6th December, 2016 (as amended and/or supplemented and/or restated from time to time, the Security Trust Deed) made between, inter alios, the Issuer, the Original Charging Subsidiary and Prudential Trustee Company Limited (the Security Trustee, which expression shall include any successor(s)).

  • The Issuer or any of its Subsidiaries (including, without limitation, any Charging Subsidiary) may also at any time purchase Bonds (provided that all unmatured Coupons appertaining to the Bonds are purchased with the Bonds) in any manner and at any price.


More Definitions of Charging Subsidiary

Charging Subsidiary means any Subsidiary which becomes a Charging Subsidiary pursuant to clause 7.1 of the Trust Deed and in each case remains a Charging Subsidiary. As at the date of this Prospectus, Beneficial Insurance Limited and Vehicle Funding Limited are the only Charging Subsidiaries.
Sample 1

Related to Charging Subsidiary

  • Charging Energy means the amount of Energy withdrawn from the Utility Distribution Company’s electrical system, Participating Transmission Owner’s electrical system or the CAISO Grid to be stored by the Project.”

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • Merging entity means an entity that is a party to a merger and exists immediately before the merger becomes effective.

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • 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.

  • Guarantor means: .............................................................................................................................................

  • Issuer Subsidiary means any subsidiary of the Issuer.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Initial Guarantor has the meaning set forth in the preamble hereto.

  • Additional Subsidiary Guarantor means each Person that becomes a Subsidiary Guarantor after the Closing Date by execution of an Accession Agreement as provided in Section 6.12.

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

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

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

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

  • 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.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

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

  • Eligible Subsidiary means each Subsidiary of the Parent set forth on Exhibit A hereto, as the same may be updated from time to time with Laurus’ written consent.

  • Qualifying Subsidiary means any Subsidiary of the Company that (i) is not the Issuer or an Initial Guarantor, and (ii) at the relevant time of determination, is not a Joint Venture Company, a Project Company, a Local Operating Company, a Bidding Company or a Holding Vehicle.

  • Joint Venture Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • 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.