Operating Subsidiaries Group Units definition

Operating Subsidiaries Group Units shall have the meaning set forth in the Exchange Agreement.

Examples of Operating Subsidiaries Group Units in a sentence

  • Except as otherwise required by applicable law: (a) the parties shall report an Exchange consummated hereunder as a taxable sale of Operating Subsidiaries Group Units by RCAP to the Corporation (in conjunction with an associated cancellation of Class B Shares); and (b) no party shall take a contrary position on any income tax return, amendment thereof or communication with a taxing authority.

  • Upon execution of any such joinder, such transferee shall, with respect to such transferred Operating Subsidiaries Group Units and Class B Shares, be entitled to all of the rights and bound by each of the obligations applicable to the relevant transferor hereunder; provided, however, that the transferor shall remain entitled to all of the rights and bound by each of the obligations with respect to Operating Subsidiaries Group Units and Class B Shares that were not so transferred.

  • To calculate PUR stiffness, insulation casing diameter must be specified in the buried element properties.Stiffness of soil springs depends on their direction (fig.

  • For the avoidance of doubt, if a Principal transfers Operating Subsidiaries Group Units but does not assign to the transferee of such Operating Subsidiaries Group Units such Principal’s rights under this Agreement with respect to such transferred Operating Subsidiaries Group Units, such Principal shall continue to be entitled to receive the Tax Benefit Payments arising in respect of a subsequent Exchange of such Operating Subsidiaries Group Units.

  • Notwithstanding anything to the contrary herein, if a Principal transfers its Operating Subsidiaries Group Units to a Permitted Transferee, excluding any other Principal, such Principal shall have the right, on behalf of such transferee, to enforce the provisions of Sections 2.04, 4.02, or 6.02 with respect to such transferred Operating Subsidiaries Group Units.

Related to Operating Subsidiaries Group Units

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Participating Subsidiaries means the Subsidiaries that have been designated as eligible to participate in the Plan, and such other Subsidiaries that may be designated by the Committee from time to time in its sole discretion.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Holdco has the meaning set forth in the Preamble.

  • Subsidiary Interests means, collectively, the issued and outstanding shares of stock of the Subsidiary Debtors as of the Petition Date and any options, warrants or other contractual rights to acquire any shares of stock of the Subsidiary Debtors as of the Petition Date.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • OpCo has the meaning set forth in the Preamble.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Holding Entities means the subsidiaries of Brookfield Renewable Energy L.P., from time to time, through which it indirectly holds all of the Partnership’s interests in the Operating Entities.

  • U.S. Subsidiaries means all such Subsidiaries.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Joint Venture Subsidiary means each of (i) Aluminum Company of Malaysia Berhard and (ii) any other person that is a Subsidiary in which persons other than Holdings or its Affiliates own 10% or more of the Equity Interests of such person, excluding, to the extent they become Restricted Subsidiaries of the Designated Company after the Closing Date, Xxxxx and Norf GmbH.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to: