Chilean Subsidiary definition

Chilean Subsidiary means a Subsidiary organized under the laws of the Republic of Chile.
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Chilean Subsidiary means a Subsidiary of the Company organized under the laws of the Republic of Chile.
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Chilean Subsidiary has the meaning set forth in Section 3.2(b).
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Examples of Chilean Subsidiary in a sentence

  • Each Chilean Subsidiary has entered into a written employment contract with each of its employees pursuant to the provisions of the Chilean Labor Code and is not in violation in any material respect of the Chilean Labor Code or any other labor related laws.

  • The Company shall cause the Chilean Subsidiary to (A) record the financial results of each Sales Division separately and (B) for each Sales Division, employ or otherwise engage local sales personnel in the country relating to the Sales Division.

  • As applicable, ADS and Tigre shall, and the Company shall cause the Chilean Subsidiary to, use reasonable best efforts (and bear their respective costs) without payment of any material fees, penalties or other amounts to any third party to obtain or secure any and all consents or approvals that may be necessary to effect the legal and valid sale, transfer or assignment of any such items.

  • On the Initial Closing Date or as soon as reasonably practicable thereafter, the Company shall cause the Chilean Subsidiary to purchase from ADS, and ADS shall sell to the Chilean Subsidiary, all of the remaining ADS Chilean Assets held by ADS for Cash equal to the difference between (A) fifty percent (50%) of the value of all of the ADS Chilean Assets and the Tigre Chilean Assets minus (B) the value of the Tigre Chilean Assets.

  • Following the Initial Closing Date, unless otherwise approved by the Board, (i) all of the Business in Chile shall be conducted through the Chilean Subsidiary and (ii) the Chilean Subsidiary shall not share employees with any Interestholder or Affiliate of any Interestholder.

  • Any rents, prepaid expenses, utilities or other charges allocable to ADS or Tigre, as the case may be, on the one hand, or the Chilean Subsidiary on the other hand pursuant to this Section 3.2(g) that cannot be transferred in accordance with this Section 3.2(g) as of the Initial Closing Date shall be prorated among the parties based on the allocations therefor set forth in this Section 3.2(g).

  • The bylaws of the Chilean Subsidiary shall be in a form mutually agreed upon by ADS and Tigre.

  • On the Initial Closing Date, ADS shall enter into an Assignment and Assumption Agreement with the Chilean Subsidiary (the “ADS Assignment and Assumption Agreement”), pursuant to which ADS shall assign to the Chilean Subsidiary, and the Chilean Subsidiary shall assume and agree to pay or perform, those obligations and liabilities arising under the Assigned ADS Contracts on or after the Initial Closing Date.

  • For more information: http://www.eau-seine-normandie.fr/domaines-d-action/adaptation-au-changement-climatique Contributing to climate change mitigationProduction of clean energy from wastewater in Valparaiso, Chile Aguas Andinas, the Chilean Subsidiary of the SUEZ group, has set itself the goal of transforming wastewater treatment plants in the city of Santiago de Chile into biofactories to convert wastewater into clean energy and secondary raw materials.

  • Notwithstanding the foregoing, the Parties acknowledge and agree that any insurance contracts of ADS shall only be assigned pursuant to the ADS Assignment and Assumption Agreement if such assignment can be made in a manner that results in ADS being the insured thereunder for all periods prior to the Initial Closing Date and the Chilean Subsidiary being the insured thereunder for all periods on and after the Initial Closing Date.

Related to Chilean Subsidiary

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

  • JV Subsidiary means any Wholly-Owned Subsidiary of the Borrower that directly holds Capital Stock of a Joint Venture.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • 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.

  • Foreign Subsidiary Holding Company means any Subsidiary of the Company which is organized under the laws of the United States of America or any State thereof or the District of Columbia, substantially all of the assets of which consist of the Capital Stock or Indebtedness of one or more Foreign Subsidiaries (or Restricted Subsidiaries thereof) and other assets relating to an ownership interest in such Capital Stock or Indebtedness.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

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

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

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

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

  • 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.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Subsidiary means, with respect to any specified Person:

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • 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.

  • 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.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Foreign Subsidiaries means each Subsidiary of a Borrower that is not a Domestic Subsidiary.

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

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

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