Intermediate Subsidiary definition

Intermediate Subsidiary has the meaning set forth in Section 3.2(a).

Intermediate Subsidiary means, with respect to any Parent of a Partner, a Subsidiary of such Parent that holds a direct or indirect equity interest in such Partner.

Intermediate Subsidiary means each Subsidiary of Atlas, AOH or OCG that is within the chain of ownership between any of Atlas, AOH or OCG, as applicable, and any Oaktree Operating Group Member. For the avoidance of doubt, Intermediate Subsidiaries exclude the Oaktree Operating Group Members, the Subsidiaries of any Oaktree Operating Group Member, Atlas XxxXx Inc. and Atlas SubCo LLC.

Examples of Intermediate Subsidiary in a sentence

• Each Asset Transferring Subsidiary and each Intermediate Subsidiary is duly qualified to do business and is in good standing as a foreign corporation or other entity in each jurisdiction where the ownership or operation of its Assets or the conduct of its business requires such qualification, except for failures to be so duly organized, validly existing, qualified or in good standing that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

• Child has life limiting condition and requires daily nursing care & support &/or regular admissions to hospital.The child is totally dependent on others for all basic self-care functions– eating, toileting, washing & dressing.Child requires specialist aids for mobility & M&H.

• No Intermediate Subsidiary shall create, incur or suffer to exist any Lien on any of its assets, including its Equity Interests in the Borrower or its other Subsidiaries.

• Notwithstanding anything to the contrary contained herein, in no event shall the REIT Guarantor, Intermediate Subsidiary Guarantors, if any or either Borrower be permitted to engage in any transaction pursuant to which it is reorganized or reincorporated in any jurisdiction other than a state of the United States or the District of Columbia.

• Upon request, AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, shall provide OCGH with reasonable supporting materials regarding such Group Expenses, including a certification from an officer of AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, that such information is complete and accurate in all material respects.

More Definitions of Intermediate Subsidiary

Intermediate Subsidiary has the meaning given that term in Section 8.12.

Intermediate Subsidiary means a Subsidiary (i) that is organized under the laws of the United States, any State thereof or the District of Columbia, and (ii) of which all the shares of each class of capital stock issued and outstanding, and all securities convertible into, and options, warrants and rights to subscribe for or purchase shares of, such capital stock, are owned directly or indirectly by the Company, free and clear of any security interest.

Intermediate Subsidiary has the meaning specified in Section 1005.

Intermediate Subsidiary means any Subsidiary of the Borrower that directly, or indirectly through a Subsidiary, owns any Equity Interests of a Property Owner.

Intermediate Subsidiary means each Subsidiary of Atlas, AOH or OCG that is within the chain of ownership between any of Atlas, AOH or OCG, as applicable, and any Oaktree Operating Group Member. For the avoidance of doubt, Intermediate Subsidiaries exclude the Oaktree Operating Group Members, the Subsidiaries of any Oaktree Operating Group Member, Atlas XxxXx Inc. and Atlas SubCo LLC. “Investment Fund” has the meaning set forth in the OCG Operating Agreement. “JAMS” has the meaning set forth in Section 11.13. “Law” means any federal, state, local, non-U.S. or other law (including common law), statute, code, ordinance, rule or regulation or other requirement enacted, promulgated, issued, entered or put into effect by a Governmental Entity. “Limited Partner” has the meaning set forth in the preamble to this Agreement and includes any other Person admitted to the Partnership as a Limited Partner in accordance with the terms of this Agreement. As of the Effective Date, the sole Limited Partners are (a) OCGH, (b) OEP and (c) OCM GP. “Liquidation Agent” has the meaning set forth in Section 9.03(a). “Merger” has the meaning set forth in Section 4.04. “Merger Agreement” has the meaning set forth Section 4.04.

Intermediate Subsidiary has the meaning specified in the preamble hereto.

Intermediate Subsidiary. “Loan Parties”, “Long Position”, “LTPP Ratio”, “LTV Ratio”, “Mandatory Prepayment Amount”, “Mandatory Prepayment Event”, “Market Disruption Event”, “Merger Event”, “Non-Consenting Lender”, “Ordinary Cash Dividend”, “Other Acceptable Collateral”, “Other Acceptable Collateral Haircut”, “Permitted Assignee”, “Permitted Borrower CoC Announcement”, “Permitted Liens”, “Permitted Sale Transaction”, “Permitted Tender Offer Transaction”, “Potential Facility Adjustment Event”, “Purging Dividend SPA Receivable”, “Reference Price”, “Required Sale Proceed Amount”, “Share Collateral Value”, “Share Segregation Condition”, “Single Share Collateral Value”, “Split-off”, “Spin-off”, “Spin-off Dividend”, “Spin-off Event”, “Stock Value Trigger Event”, “Stock Value Trigger Threshold”, “Tender Offer”, “Trading Disruption”, or “Transfer Restrictions”, or change clause (ii) of the definition of “Adjustment Determination Period” (or, in each case, any defined term used in such definition for purposes of the use of such term in such definition), or increase the LTV Maintenance Level, the LTV Margin Call Level or the LTV Margin Release Level;