Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.
Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.
Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.
Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.
Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.
Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.
Affected Foreign Subsidiary means any Foreign Subsidiary to the extent such Foreign Subsidiary acting as a Subsidiary Guarantor would cause a Deemed Dividend Problem.
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.
Eligible Foreign Subsidiary means any Foreign Subsidiary that is approved from time to time by the Administrative Agent and each of the Lenders.
Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.
Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.
Immaterial Foreign Subsidiary means any Foreign Subsidiary of the Borrower that is not a Material Foreign Subsidiary.
Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.
Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Material Foreign Subsidiary means any Foreign Subsidiary that is a Material Subsidiary.
Excluded Foreign Subsidiary any Foreign Subsidiary in respect of which either (a) the pledge of all of the Capital Stock of such Subsidiary as Collateral or (b) the guaranteeing by such Subsidiary of the Obligations, would, in the good faith judgment of the Borrower, result in adverse tax consequences to the Borrower.
Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.
Foreign Borrowing Base means, as of any date, an amount equal to:
First Tier Foreign Subsidiary means a Foreign Subsidiary, the Equity Interests of which are directly owned by the Borrower or a Domestic Subsidiary that is not a Subsidiary of a Foreign Subsidiary.
U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.
Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.
Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.
Canadian Borrower as defined in the preamble hereto.
U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States and that is not a CFC.
U.S. Borrower means any Borrower that is a U.S. Person.