Examples of Foreign Restricted Subsidiary in a sentence
Each Subsidiary that is a Foreign Restricted Subsidiary has an asterisk (“*”) next to its name on such schedule.
At the Issuer’s option, the Issuer may cause any Foreign Restricted Subsidiary to Guarantee and provide security for the Notes.
In respect of any Additional Borrower that is a Foreign Subsidiary, the Administrative Agent shall have received the Foreign Guarantee Agreement (or a joinder in respect thereof), executed and delivered by such Additional Borrower and each of its Subsidiaries that is a Material Foreign Restricted Subsidiary.
No Foreign Restricted Subsidiary shall at any time be required to become a Guarantor.
Any Net Cash Proceeds or portion thereof from any Asset Sale that are neither used to repay, and permanently reduce the commitments under, Senior Indebtedness, Guarantor Senior Indebtedness or Indebtedness of a Foreign Restricted Subsidiary which is not a Guarantor, nor invested in Replacement Assets within such 360-day period constitute "Excess Proceeds" subject to disposition as provided below.