Chilean Subsidiary definition

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

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.

  • As soon as reasonably practicable after the contributions described in Section 3.2(c)(i) and Section 3.2(c)(ii), the Company shall contribute all of the assets described in Section 3.2(c)(i) and Section 3.2(c)(ii) to the capital of the Chilean Subsidiary.

  • The Company shall cause the Chilean Subsidiary to use the proceeds of such capital contribution to pay trade payables of the Brazilian Subsidiary owed to affiliates of the Interestholders for resin purchases, expense reimbursement for rent and utilities, and other trade payables and for working capital.

  • 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.

  • 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.

  • At the request of the Company or the Chilean Subsidiary from time to time, Tigre shall make items of Tigre Solid Wall Inventory available to the Company, the Chilean Subsidiary or any carrier designated by the Company or the Chilean Subsidiary.

  • On the Initial Closing Date, (A) ADS Parent shall enter into the ADS Sales Agent Agreement with the Company and the Chilean Subsidiary and (B) Tigre Parent shall enter into the Tigre Sales Agent Agreement with the Company and the Chilean Subsidiary.

  • From the Contributions, the Company shall contribute approximately U.S. $3,000,000 to the Chilean Subsidiary.

  • 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.

  • The Company shall cause the Chilean Subsidiary to fulfill the obligations of the Chilean Subsidiary under this Section 3.2(g).

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 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.

  • 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.