Designated Parent definition

Designated Parent means any Parent of the Company which is specifically designated as eligible to participate in the Plan by the Committee from time to time in its sole discretion.
Designated Parent means any Parent which has been designated by the Board from time to time in its sole discretion as eligible to participate in the Plan.
Designated Parent means the Parent Corporation of the Company if so specifically designated as eligible to participate in the Plan by the Board in its sole discretion.

Examples of Designated Parent in a sentence

  • If not a Designated Parent Borrower, such Borrower, or to the extent such Borrower is a series of a Delaware LLC, a Trust or a Maryland corporation, such Delaware LLC, such Trust or such Maryland corporation on behalf of such Borrower, has no Subsidiaries and no equity investments or any interest in any other Person other than portfolio securities (including investment company securities) which may have been acquired in the ordinary course of business.

  • Such Borrower will not at any time have any Subsidiaries other than, with respect to each Designated Parent Borrower only, its Designated Subsidiaries.

  • If it is a Designated Parent Borrower, such Borrower will not permit its Designated Subsidiaries to engage in any business or activity other than those permitted under such Designated Parent Borrower’s Prospectus.

  • Notwithstanding anything to the contrary set forth herein or in any other Loan Document, upon the designation of any new Designated Parent, such new Designated Parent shall be deemed to have been the Designated Parent since the Incremental Term B-1 Funding Date for the purpose of all calculations of amounts hereunder.

  • Upon any such designation of a new Designated Parent, the Person who was formerly the Designated Parent shall cease to be the Designated Parent and all references in the Loan Documents to the Designated Parent shall be references to the new Designated Parent only.


More Definitions of Designated Parent

Designated Parent means any Parent which has been designated from time to time by the Committee to participate in the Plan.
Designated Parent means any Parent designated by the Board in accordance with Section 2.1.
Designated Parent means, (a) initially, the Issuer and (b) any other direct or indirect parent of the Designated Parent designated as the new “Designated Parent” by the Issuer, provided that (i) such new Designated Parent (if other than the Issuers) executes and delivers to the Trustee a supplemental indenture pursuant to which such new Designated Parent guarantees payment of the Notes and assumes all the obligations of the Designated Parent under this Indenture, (ii) the Issuer provides an Officers’ Certificate to the Trustee designating such Person as the Designated Parent, (iii) immediately after giving effect to such designation, no Default shall have occurred and be continuing and (iv) such new Designated Parent shall own, directly or indirectly, 100% of the Issuer’s Voting Stock. Upon any such designation of a new Designated Parent, the Person who was formerly the Designated Parent shall cease to be the Designated Parent and all references in this Indenture to the Designated Parent shall be references to the new Designated Parent only. Notwithstanding anything herein to the contrary, upon the designation of any new Designated Parent, such new Designated Parent shall be deemed to have been the Designated Parent since the Issue Date for the purpose of all calculations of amounts under this Indenture.
Designated Parent means, (a) initially, the Lux Borrower, until a new person is designated as the Designated Parent pursuant to Section 2.26(a) and (b) thereafter, the person that is then designated as the Designated Parent pursuant to Section 2.26(a).
Designated Parent means any Parent of the Company which is specifically designated as eligible to participate in the Plan by the

Related to Designated Parent

  • Permitted Parent means (a) any Parent Entity that at the time it became a Parent Entity was a Permitted Holder pursuant to clauses (1), (2) and (3) of the definition thereof; provided that such Parent Entity was not formed in connection with, or in contemplation of, a transaction (other than the Transactions) that would otherwise constitute a Change in Control and (b) Holdings, so long as it is controlled by one or more Persons that are Permitted Holders pursuant to clause (1), (2), (3) or (4) of the definition thereof.

  • Designated Party means any person listed:

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Birth parent means the child's biological parent and, for purposes of adoptive placement, means

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Parent Related Parties means, collectively, (i) Parent or Merger Sub; and (ii) the former, current and future holders of any equity, controlling persons, Representatives, Affiliates (other than Parent or Merger Sub), members, managers, general or limited partners, stockholders and assignees of each of Parent and Merger Sub.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Designated Persons means a person or entity (a) listed in the annex to, or otherwise subject to the provisions of, any Executive Order; (b) named as a “Specially Designated National and Blocked Person” (“SDN”) on the most current list published by OFAC at its official website or any replacement website or other replacement official publication of such list (the “SDN List”) or is otherwise the subject of any Sanctions Laws and Regulations; (c) in which an entity or person on the SDN List has 50% or greater ownership interest or that is otherwise controlled by an SDN.

  • Parent Borrower as defined in the preamble hereto.

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Intended parent means an individual who entered into a gestational agreement providing that the individual will be the parent of a child born to a woman by means of assisted reproduction, including an individual who has a genetic relationship with the child.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Holdings as defined in the preamble hereto.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Borrower Party Affiliate With respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a restricted mezzanine holder, (a) any other person controlling or controlled by or under common control with such borrower, mortgagor, manager or restricted mezzanine holder, as applicable, (b) any other person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower, mortgagor or manager, as applicable, or (c) any other person owning, directly or indirectly 25% or more of the beneficial interests in such restricted mezzanine holder. For the purposes of this definition, “control” when used with respect to any specified person means the power to direct the management and policies of such person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • Designated Person means a person or entity:

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.