New Subsidiaries definition

New Subsidiaries means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and each of the foregoing, individually, a “New Subsidiary.”

New Subsidiaries means Plum Creek Northwest Lumber, Inc., a Delaware corporation, Plum Creek Northwest Plywood, Inc., a Delaware corporation, Plum Creek MDF, Inc., a Delaware corporation, and Plum Creek Southern Lumber, Inc., a Delaware corporation, and "New Subsidiary" shall mean any one of them.

New Subsidiaries as defined in Section 6.10(b).

Examples of New Subsidiaries in a sentence

• The New Subsidiaries hereby agree, jointly and severally with all other Subsidiary Guarantors, to guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in the Indenture, and to be bound by, and to receive the benefit of, all other applicable provisions of the Indenture as Subsidiary Guarantors.

• To the extent permitted by law, each Grantor hereby ratifies, for itself and each of its New Subsidiaries, all that such attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

• No past, present or future director, officer, employee, incorporator, stockholder, member or manager of the New Subsidiaries, as such, shall have any liability for any obligations of the Issuer or any Subsidiary Guarantor under the Notes, any Guarantees, the Indenture or this Fourteenth Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.

• The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Fourth Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Issuer, the Subsidiary Guarantors and the New Subsidiaries.

• The main contact’s information will be listed on the Commission website list of licensed EGSs.

More Definitions of New Subsidiaries

New Subsidiaries has the meaning set forth in Section 6.27.

New Subsidiaries shall upon the creation of any Subsidiary not in existence on the date hereof and at its expense: (i) duly execute and deliver, or cause such Subsidiary to duly execute and deliver, to the Administrative Agent and the Collateral Agent a Subsidiary Guaranty in respect of such Subsidiary (with such changes thereto as either Agent may reasonably request); (ii) duly execute and deliver, or cause such Subsidiary to duly execute and deliver, to the Administrative Agent and the Collateral Agent, a Subsidiary Security Agreement (with such changes thereto as the Administrative Agent may reasonably request) and such other mortgages, pledges, assignments and other security agreements, in form and substance reasonably satisfactory to the Administrative Agent, securing payment of all of the obligations of such Subsidiary under its Guaranty and the obligations of the Loan Parties under the Loan Documents and constituting Liens on all Collateral described therein; and pledge, or cause to be pledged, to the Collateral Agent on behalf of the Secured Parties, all authorized, issued and outstanding capital stock of such Subsidiary; and execute and/or deliver to the Administrative Agent each other document or instrument required to be delivered in connection with the execution and delivery of such Subsidiary Security Agreement pursuant to Section 10.1(q)(1) through (4); (iii) take whatever action (including without limitation the recording of mortgages, the filing of Uniform Commercial Code financing statements, the giving of notices and the endorsement of notices on title documents) may be necessary or advisable in the opinion of either Agent to vest in the Collateral Agent (or in any representative of the Collateral Agent designated by it) valid and subsisting Liens on the properties purported to be subject to the security agreements delivered pursuant to this Section 8.1(o), enforceable against all third parties in accordance with their terms; (iv) deliver to the Administrative Agent a signed copy of favorable opinions, addressed to the Agents and the Lenders, of counsel for the Borrower acceptable to the Administrative Agent as to such matters relating to such Subsidiary as either Agent may reasonably request; and (v) at any time and from time to time, promptly execute and deliver any and all further instruments and documents and take all such other action as the Administrative Agent may deem desirable in obtaining the full benefits of, or in preserving the Liens of, each...

New Subsidiaries has the meaning assigned to it in Section 4.1.

New Subsidiaries shall have the meaning given to such term in Section 13.01(c).

New Subsidiaries means Subsidiaries acquired or established after the date of execution of this Agreement which are not Insurance Subsidiaries and are not regulated by any regulatory agency which regulates insurance companies.

New Subsidiaries means any wholly-owned subsidiary (within the meaning of Sections 736 and 736A, Companies Act 1985) of any Group Company from time to time provided that subsidiaries of any Group Company established by way of an acquisition subsequent to Closing shall be specifically excluded from this definition;

New Subsidiaries means direct or indirect Subsidiaries of the Company formed or acquired after execution of the Indenture.