Exempt Subsidiaries means, as of any date of determination, a collective reference to:
Exempt Subsidiaries means, collectively, NRG Ilion LP LLC, NRG Ilion Limited Partnership, Meriden Gas Turbine LLC, LSP-Nelson Energy LLC, NRG Nelson Turbines LLC, NRG Jackson Valley Energy I, Inc., NRG McClain LLC, NRG Audrain Holding LLC, NRG Audrain Generating LLC, NRG Peaker Finance Company LLC, Bayou Cove Peaking Power, LLC, Big Cajun I Peaking Power LLC, NRG Rockford LLC, NRG Rockford II LLC, NRG Rockford Equipment II LLC, NRG Sterlington Power LLC and NRG Rockford Acquisition LLC.
Exempt Subsidiaries means, collectively, NRG Ilion LP LLC, NRG Ilion Limited Partnership, Meriden Gas Turbine LLC, LSP-Xxxxxx Energy LLC, NRG Xxxxxx Turbines LLC, NRG Xxxxxxx Valley Energy I, Inc., NRG XxXxxxx LLC, NRG Audrain Holding LLC, NRG Audrain Generating LLC, NRG Peaker Finance Company LLC, Bayou Cove Peaking Power, LLC, Big Cajun I Peaking Power LLC, NRG Rockford LLC, NRG Rockford II LLC, NRG Rockford Equipment II LLC, NRG Sterlington Power LLC and NRG Rockford Acquisition LLC, and shall not, in any event, include any Core Collateral Subsidiary.
Examples of Exempt Subsidiaries in a sentence
In the case of an Event of Default specified in Section 6.01(7) or (8) hereof, with respect to the Company, any Restricted Subsidiary (other than the Exempt Subsidiaries) that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary, all Notes that are outstanding will become due and payable immediately without further action or notice.
For purpose of this Section 5.08(k), the term “Consolidated Subsidiaries” in the definition of “Stockholders’ Equity” includes any Exempt Subsidiaries.
For purpose of this Section 5.08(k), the term “Consolidated Subsidiaries” in the definition of Stockholders’ Equity includes any Exempt Subsidiaries.
In the case of an Event of Default specified in Section 6.01(9) or (10) hereof, with respect to the Company, any Restricted Subsidiary (other than the Exempt Subsidiaries) that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary, all Notes that are outstanding will become due and payable immediately without further action or notice.
Applicants note that Genco will be the vehicle through which Exelon will acquire additional Exempt Subsidiaries (other than ETCs, which are expected to be held by Ventures or Enterprises).
More Definitions of Exempt Subsidiaries
Exempt Subsidiaries means those Subsidiaries of Parent listed on Schedule 1.47 hereto or as otherwise designated as such in writing by Agent and the Required Lenders after the date hereof; each sometimes being referred to herein individually as an “Exempt Subsidiary”.
Exempt Subsidiaries means, collectively, (i) the Excluded Project Subsidiaries and (ii) each of NRG Ilion LP LLC, NRG Ilion Limited Partnership, Meriden Gas Turbine LLC, LSP-Nxxxxx Energy LLC, NRG Nxxxxx Turbines LLC, NRG MxXxxxx LLC, NRG Audrain Holding LLC, NRG Audrain Generating LLC, NRG Peaker Finance Company LLC, NRG Rockford LLC, NRG Rockford Acquisition LLC, NRG SunCap LLC and its direct and indirect subsidiaries and NRG Bluewater Holdings LLC and its direct and indirect subsidiaries.
Exempt Subsidiaries means (a) any Immaterial Subsidiaries, (b) any Foreign Subsidiary, (c) any direct or indirect Subsidiary of a Foreign Subsidiary or a Disregarded Person, (d) any Disregarded Person, (e) any Subsidiary not required to be a Guarantor in accordance with the Agreed Guarantee Principles; provided that this clause (e) shall not apply to a Person if (and only for so long as) such Person is a borrower, issuer or guarantor of the Existing CF Notes, (f) any Excluded Subsidiary and (g) any Subsidiary to the extent the cost of obtaining a Guaranty by such Subsidiary outweighs the benefit to the Lenders afforded thereby, as reasonably determined by the Lead Borrower and the Administrative Agent; provided that in no event shall the term “Exempt Subsidiary” or “Exempt Subsidiaries” include the Lead Borrower, any other Borrower or, prior to the Collateral and Guarantee Release Date, Enterprises, Sales, CF USA or CFIDF.
Exempt Subsidiaries has the meaning assigned to that term in the recitals to this Agreement.
Exempt Subsidiaries means (a) Immaterial Subsidiaries; (b) (x) prior to the Darwin Acquisition Closing Date, any Foreign Subsidiary and (y) on and after the Darwin Acquisition Closing Date, any Foreign Subsidiary that is a direct or indirect Subsidiary of a Domestic Subsidiary; (c) any Subsidiary not required to be a Guarantor in accordance with the Agreed Guarantee Principles; provided that this clause (c) shall not apply to a Person if (and only for so long as) such Person is a borrower, issuer or guarantor of (A) the Bridge Credit Agreement, (B) any Contemplated Debt Securities or the ContemplatedSpecified Private Placement or (C) the Existing CF Notes; and (d) Excluded Subsidiaries.
Exempt Subsidiaries means (a) any Foreign Subsidiary, (b) any direct or indirect Subsidiary of a Foreign Subsidiary or a Disregarded Person, (c) any Disregarded Person, (d) any Excluded Subsidiary and (e) any Subsidiary to the extent the cost of obtaining a Notes Guarantee from such Subsidiary outweighs the benefit to the Holders of the Notes afforded thereby, as reasonably determined by the Company (provided that the same determination is made in respect of all other First-Priority Lien Obligations); provided that in no event shall the term “Exempt Subsidiary” or “Exempt Subsidiaries” include the Company, any other borrower under the Credit Agreement from time to time, CF Industries Enterprises, Inc., a Delaware corporation, CF Industries Sales, LLC, a Delaware limited liability company, or a Subsidiary that Guarantees the Obligations under the Credit Agreement (unless such Subsidiary is released from its Obligations under the Credit Agreement or its Note Guarantee substantially concurrently with its release from its Obligations or its Guarantee in respect of the Credit Agreement).
Exempt Subsidiaries means, collectively, Diversified NY IPA, Inc., Diversified Pharmaceutical Services (Puerto Rico), Inc., Econdisc Contracting Solutions, LLC, Express Reinsurance Company, Express Scripts Insurance Company, NPA of New York IPA, Inc., Reinsurance Subsidiary and any Subsidiaries of Company designated by Company as “Exempt Subsidiaries” in writing to Administrative Agent from time to time; provided, that Company may not designate any Subsidiary as an Exempt Subsidiary if, at the time of such proposed designation and both before and immediately after giving effect thereto, the total assets of the Exempt Subsidiaries are equal to or greater than 30% of Company’s consolidated total assets on such date.