Material Affiliate definition

Material Affiliate means New Century Financial Corporation and its successors and assigns.

Material Affiliate means Würth Promotion GmbH, Würth International AG, and Würth Elektrogroßhandel GmbH & Co. KG as well as each direct and indirect subsidiary of the above named companies and of the Guarantor which attributes at least 5 per cent. to the consolidated external sales of the Würth Group.

Material Affiliate means, in the case of the Managing Member or the Parent Company, any Parent Company Entity that is a party to any Transaction Document, provided, that, no Borrower shall be a Material Affiliate as a consequence of being party to a Secured Note or Keep Well Agreement.

Examples of Material Affiliate in a sentence

• Each Material Affiliate is an entity duly organized and existing in good standing under the laws of the jurisdiction of its formation.

• Each Material Affiliate is duly qualified as a foreign corporation to do business and is in good standing in every jurisdiction in which the nature of the respective businesses conducted by it or its respective properties, owned or held under lease, make such qualification necessary and where the failure to be so qualified would cause a Material Adverse Change.

• Each Material Affiliate is a corporation, partnership or limited liability company duly organized and existing in good standing under the Laws of the jurisdiction of its formation.

• As to each Material Affiliate, its correct name, the jurisdiction of its formation, Borrower’s percentage of beneficial interest therein, and the type of business in which it is primarily engaged, are set forth on said EXHIBIT C.

• As to each Material Affiliate, its correct name, the jurisdiction of its formation, Borrower’s direct or indirect percentage of beneficial interest therein, and the type of business in which it is primarily engaged, are set forth on EXHIBIT F.

More Definitions of Material Affiliate

Material Affiliate means the material Affiliates of TRG which own or lease operating shopping centers or shopping centers under construction, together with (or excluding) any Affiliates of TRG which are hereafter from time to time reasonably determined by Administrative Agent to be material (or no longer material), upon notice to Borrowers and the Banks, based upon the most recent TRG Consolidated Financial Statements.

Material Affiliate. Any entity whose capital stock the Company has majority ownership.

Material Affiliate means Würth Finanz-Beteiligungs- GmbH, Würth Promotion AG, Waldenburger Beteiligungen GmbH & Co. KG, Würth International AG, and Würth Elektrogroßhandel GmbH & Co. KG as well as

Material Affiliate means any Affiliate of which the Book Value or fair market value (whichever is greater) constitutes fifty percent (50%) or more of the Book Value of the Company. The fair market value of an Affiliate will be determined in good faith by the Board.

Material Affiliate means an Affiliate of a Person that has a net worth, as determined in accordance with GAAP, of more than US$1,000,000 or annual revenues in excess of US$5,000,000.

Material Affiliate means the material Affiliates of Borrower which own or lease operating shopping centers or shopping centers under construction, together with (or excluding) any Affiliates of Borrower which are hereafter from time to time reasonably determined by Administrative Agent to be material (or no longer material), upon notice to Borrower and the Banks, based upon the most recent TRG Consolidated Financial Statements.

Material Affiliate means at any time any Affiliate of the Guarantor: