JV Subsidiaries definition

JV Subsidiaries of any specified Person means any other Person of which such first Person owns (either directly or through one or more other Subsidiaries) twenty percent (20%) or more of the outstanding Equity Securities or securities carrying twenty percent (20%) or more of the voting power in the election of the board of directors or other governing body of such Person; provided, however, that for the purposes of this Agreement, (i) ”JV Subsidiaries” shall not include any Person otherwise covered by the definition of “Subsidiary”, and (ii) neither Company nor any of its JV Subsidiaries (including any NBCU Entity) shall constitute or be deemed to be JV Subsidiaries of GE.
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JV Subsidiaries means each Subsidiary of the Borrower that directly holds an equity interest in any Borrower Joint Venture.
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JV Subsidiaries means all or some of such subsidiaries of the Company (as the context requires);
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Examples of JV Subsidiaries in a sentence

  • Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries and Controlled JV Subsidiaries on the date hereof or any business substantially related or incidental thereto.

  • Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the Borrower and its Subsidiaries and or Controlled JV Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities shall be disregarded.

  • The exclusion of the Consent Assets of the J.V. Subsidiaries from the Collateral does not materially reduce the aggregate value of the Collateral.

  • To the best knowledge of the Parent and the Borrower, no slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by any Loan Party or any of its Subsidiaries or JV Subsidiaries infringes upon any rights held by any other Person.

  • The properties of the Loan Parties and their respective Subsidiaries and JV Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any Loan Party, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or the applicable Subsidiary or JV Subsidiary operates.


More Definitions of JV Subsidiaries

JV Subsidiaries means the UK Subsidiaries, the European Subsidiaries and the US Subsidiary, in each case as listed in Schedule 2 (JV Subsidiaries);
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JV Subsidiaries means Lyondell Petrochemical G.P. Inc., Lyondell Petrochemical L.P. Inc., Lyondell Refining Company, Lyondell General Methanol Company, Lyondell Limited Methanol Company and each other Subsidiary of the Borrower that, at any time, directly holds an equity interest in any Borrower Joint Venture, and "JV SUBSIDIARY" means any of the foregoing, as the context may require.
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JV Subsidiaries means Lyondell Petrochemical G.P. Inc., Lyondell Petrochemical L.P. Inc., Lyondell Refining Company, Lyondell Refining LP, LLC and each other Subsidiary of Lyondell that, at any time, directly holds an equity interest in any Lyondell Joint Venture, and “JV Subsidiary” means any of the foregoing, as the context may require.
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JV Subsidiaries has the meaning given in Recital E hereof.
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JV Subsidiaries means the Subsidiaries of the Borrower identified as "JV Subsidiaries" on Schedule 5.01(e).
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JV Subsidiaries set forth in Section 1.01 of the Credit Agreement is amended by adding after the phrase "Lyondell Refining Company," the phrase "Lyondell Refining LP, LLC,".
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JV Subsidiaries means Lyondell Petrochemical LP4 Inc. (formerly known as Lyondell Petrochemical G.P. Inc.), Lyondell Petrochemical L.P. Inc., Lyondell Refining Company, Lyondell (Pelican) Petrochemical L.P.1, Inc., Lyondell (Pelican) Petrochemical L.P.2, Inc., Lyondell PO11 C.V., Lyondell POTechLP, Inc., Lyondell POTechGP, Inc., Lyondell Refining Partners, LP, Lyondell LP3 Partners, LP, PO Offtake, LP and each other Subsidiary of the Borrower that, at any time, directly holds an equity interest in any Borrower Joint Venture, and “JV Subsidiary” means any of the foregoing, as the context may require.
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