Included Subsidiary definition

Included Subsidiary means any Subsidiary that is not an Excluded Subsidiary.

Included Subsidiary means an entity that (i) is a disregarded entity for federal income tax purposes and

Included Subsidiary means a Subsidiary of Borrower that is a party to this Agreement on the Closing Date or that becomes a party to this Agreement after the Closing Date.

Examples of Included Subsidiary in a sentence

• The Trust shall not have any employees in any state other than in the State of Delaware.

• Except as set forth on Section 3.4 of the Seller Disclosure Letter, neither the Company nor any Included Subsidiary has, directly or indirectly, any material interest in any other corporation, joint venture, partnership, limited liability company or other entity or rights to acquire any such interest.

• Except as set forth in Section 3.4 of the Seller Disclosure Letter, there are no outstanding options, warrants, rights to subscribe, preemptive rights, rights of first refusal, convertible or exchangeable securities or similar rights pursuant to which any Included Subsidiary is obligated to issue or sell or any third party is entitled to purchase or otherwise acquire any Capital Stock of any Included Subsidiary.

• Except as set forth on Section 3.4 of the Seller Disclosure Letter, all issued and outstanding Capital Stock of each Included Subsidiary is owned by the Company or an Included Subsidiary free and clear of any and all Liens, except for restrictions on transfer under applicable securities laws, and, if such Included Subsidiary is a corporation, have been validly issued and are fully paid and nonassessable.

• The Borrower will not, nor will it permit any Included Subsidiary to, merge or consolidate with or into any other Person, except that an Included Subsidiary may merge into the Borrower or a Wholly-Owned Subsidiary which is also an Included Subsidiary.

More Definitions of Included Subsidiary

Included Subsidiary means each Subsidiary other than the Excluded Subsidiary, provided that the term "Included Subsidiary" shall mean all Subsidiaries from and after such time that the Excluded Subsidiary has been designated an Included Subsidiary (which designation shall be irrevocable) pursuant to the provisions and in accordance with the terms of Section 11.12.

Included Subsidiary any Subsidiary of the Borrower other than any Banking Subsidiary, Finance Subsidiary, Insurance Subsidiary or Real Estate Subsidiary.

Included Subsidiary means and include each Subsidiary that has satisfied the following conditions:

Included Subsidiary means any Subsidiary of SunOpta, which at any time has assets or revenues of greater than or equal to $100,000. For greater certainty, the term “Included Subsidiary” shall not include any Person which is designated as an Excluded Subsidiary in accordance with the provisions of this Agreement.

Included Subsidiary each Subsidiary of the Borrower other than Electro for so long as Electro has outstanding any Indebtedness which prohibits the guarantee of the Loans by Electro.

Included Subsidiary means any Subsidiary of the Company other than any Banking Subsidiary, Finance Subsidiary, Insurance Subsidiary or Real Estate Subsidiary.

Included Subsidiary means any Subsidiary of the Parent (other than a Loan Party) that enters into a Banking Services Agreement with a Banking Services Bank or a Swap Agreement with a Swap Bank so long as (i) the Parent acknowledges in writing that such Subsidiary should be an Included Subsidiary under this Agreement and (ii) unless such Banking Services Bank or Swap Bank is the Administrative Agent or an Affiliate thereof, the Banking Services Bank or Swap Bank, as applicable, shall have delivered to the Administrative Agent a Guaranteed Party Designation Notice.