Parent Guarantor Group definition

Parent Guarantor Group the Loan Parties and their respective consolidated Subsidiaries.
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Parent Guarantor Group means the Parent Guarantor and its Subsidiaries that are Restricted Subsidiaries or the Company.
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Parent Guarantor Group means the Parent Guarantor and its Restricted Subsidiaries, other than the Company and its Restricted Subsidiaries.
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Examples of Parent Guarantor Group in a sentence

  • Following the application of the proceeds of each Loan or Letter of Credit hereunder, (a) the Borrower and each other Loan Party is in compliance with Regulation U and (b) not more than 25% of the value of the assets (either of the Borrower only or of the Parent Guarantor Group on a consolidated basis) will be Margin Stock.

  • The Loan Parties have instituted, and will continue to maintain and enforce, adequate policies and procedures reasonably designed to promote compliance by each member of the Parent Guarantor Group and the directors, officers and employees of such Persons with Anti-Corruption Laws, applicable Anti-Money Laundering Laws and applicable Sanctions.

  • Each member of the Parent Guarantor Group has instituted and maintains and enforces adequate policies and procedures reasonably designed to promote compliance by each member of the Parent Guarantor Group and its directors, officers and employees with Anti-Corruption Laws, applicable Anti-Money Laundering Laws and applicable Sanctions, and each member of the Parent Guarantor Group is in compliance with Anti-Corruption Laws, applicable Anti-Money Laundering Laws and applicable Sanctions in all respects.

  • The Loan Parties shall, and shall cause each other member of the Parent Guarantor Group, to maintain in effect policies and procedures reasonably designed to promote compliance by each member of the Parent Guarantor Group and the respective directors, officers and employees of such Persons with Anti-Corruption Laws, applicable Anti-Money Laundering Laws and applicable Sanctions.

Related to Parent Guarantor Group

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Consolidated Subsidiary means with respect to any Person at any date any Subsidiary of such Person or other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Non-Guarantor Subsidiary means any Subsidiary of the Borrower that is not a Subsidiary Guarantor.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • Parent Guarantee means the guarantee provided by the Parent Guarantor for purposes of financial reporting.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Consolidated Parties means a collective reference to the Borrower and its Subsidiaries, and "Consolidated Party" means any one of them.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Initial Borrower has the meaning provided in the preamble hereof.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Consolidated Subsidiaries means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP.