Limited Subsidiary definition

Limited Subsidiary has the meaning specified in Section 5.01(j).
Limited Subsidiary means a Restricted Subsidiary of the Company designated as such on Schedule 5.12 or the most recent Compliance Certificate delivered by the Company hereunder that (a) is not Wholly Owned by the Company, (b) was not acquired pursuant to a Permitted Acquisition, (c) is not a Loan Party (and not required to become a Loan Party hereunder or under any other Loan Document), (d) is consolidated in the financial statements of the Company and its Subsidiaries, (e) has no Subsidiaries other than Subsidiaries that are themselves Limited Subsidiaries and (f) has no Indebtedness other than Indebtedness permitted by Section 7.03(j).
Limited Subsidiary means each Subsidiary which is subject to a restriction of the type referred to in clause (a) of the proviso to the definition of Net Income.

Examples of Limited Subsidiary in a sentence

  • Subsidiary (held by a subsidiary)Cal-Comp Precision (Dongguan) Limited Subsidiary (held by a subsidiary)Cal-Comp Precision (Wujiang) Co., Ltd.

  • Subsidiary companyAmata Asia Limited Subsidiary companyAmata Global Pte.

  • Ltd Subsidiary Ibibo Group Private Limited Subsidiary Ibibo Group Pte.

  • Arvind Beauty Brands Retail Private Limited (Subsidiary of the Arvind Brands & Retail Limited which is a subsidiary of the Company).4.

  • WorldCallConsolidated Financial Statements Condensed interim consolidated financial statements comprise the financial results of WorldCall Telecom Limited (Parent Company) consolidated with Route 1 Digital (Private) Limited (Subsidiary Company).


More Definitions of Limited Subsidiary

Limited Subsidiary means any Subsidiary of the Parent that, directly or indirectly, owns (a) any Equity Interest in any Loan Party or (ii) any Specified Equity Interests.
Limited Subsidiary means each Subsidiary (other than the Excluded Subsidiaries) which is subject to a restriction of the type referred to in clause (a) of the proviso to the definition of Net Income.
Limited Subsidiary means (a) any SUBSIDIARY which is not an INDEMNITOR and (b) any INDEMNITOR which is not a wholly-owned SUBSIDIARY of HOLDINGS; provided , that North American Site Developers, Inc. shall not be deemed to be a LIMITED SUBSIDIARY for purposes of this Agreement.
Limited Subsidiary means (a) any SUBSIDIARY which is not an INDEMNITOR and (b) any INDEMNITOR which is not a wholly-owned SUBSIDIARY of HOLDINGS; provided, that neither NATCO Limited Partnership nor North American Trailing -------- Company shall be deemed to be a LIMITED SUBSIDIARY for purposes of this Agreement.
Limited Subsidiary means each Subsidiary (other than the Excluded Subsidiaries) which is subject to a restriction of the type referred to in clause (a) of the proviso to the definition of Net Income. “Loans” means the Revolving Loans and the Additional LCs.
Limited Subsidiary means, as of any date of determination, either Choice ------------------ One Communications of Pennsylvania Inc., a Delaware corporation or Choice One Communications of Ohio Inc., a Delaware corporation and "Limited Subsidiaries" means both of such entities; provided, that each entity shall cease to be a -------- Limited Subsidiary upon receipt by such entity (with a copy to the Administrative Agent) of authorization by each applicable PUC to borrow an amount equal to the Aggregate Commitment and perform its corresponding obligations under the Loan Documents.
Limited Subsidiary means, as of any date of determination, either Choice One Communications of Pennsylvania Inc., a Delaware corporation, Choice One Communications of Ohio Inc., a Delaware corporation, or US Xchange of Indiana, L.L.C., a Delaware limited liability company, and "LIMITED SUBSIDIARIES" means all of such entities; PROVIDED, that each entity shall cease to be a Limited Subsidiary upon receipt by such entity (with a copy to the Administrative Agent) of authorization by each applicable PUC to borrow an amount equal to the Aggregate Exposure and perform its corresponding obligations under the Loan Documents.