Partially Owned Subsidiaries definition

Partially Owned Subsidiaries. Subsidiaries in which the Borrower, ---------------------------- directly or through its Subsidiaries, owns less than 100% of the securities or other Equity Interests having ordinary voting power for the election of the board of directors or other Persons performing similar functions (other than qualifying shares or other Equity Interests held by directors or other Persons performing similar functions) or, in the case of a partnership, less than a 100% interest in the profits or capital thereof.
Partially Owned Subsidiaries means all Subsidiaries of the Borrower that the Pledgor has any interest in at the time of the acquisition referred to in the preceding sentence. For purposes of this Subsection 17.1.2 only, the reference to Subsection 7.7.2(c) of the Credit Agreement shall mean that Subsection as in effect on the Closing Date, or as amended in any manner that is not more restrictive than that set forth in the Credit Agreement on the Closing Date.
Partially Owned Subsidiaries means the Subsidiaries listed on Schedule B hereto; “Passport System” means the procedures provided for under MI 11-202 and NP 11-202;

Examples of Partially Owned Subsidiaries in a sentence

  • Disputes arise between the landowners and reserve owners over unidentified reserve boundaries where the reserve area is part of a lot.

  • The Partially Owned Subsidiaries do not own an amount of assets or liabilities that are material to the business, operations and assets of the Company and its Subsidiaries, taken as a whole, or have any liabilities other than de minimis liabilities.

  • The Company shall cause all of its future Domestic Subsidiaries (other than Permitted Partially Owned Subsidiaries) to become Guarantors and to execute simultaneously with and as a precondition to such Person becoming a Domestic Subsidiary, a Supplemental Guarantee, a Notation of Guarantee and to otherwise acknowledge its agreement to be bound by the Provisions of Article 12.

  • Except as set forth on Schedule 5.3, the Company does not have any liabilities or obligations, whether accrued, absolute, contingent or otherwise, arising from its interest in the Partially Owned Subsidiaries.


More Definitions of Partially Owned Subsidiaries

Partially Owned Subsidiaries means, collectively, Law/Xxxxx, Inc., a ---------------------------- California corporation, Envirosource Incorporated, a Georgia corporation and Law/Spear, LLC, a Georgia limited liability company;
Partially Owned Subsidiaries means any corporation, partnership, joint venture, business trust or other entity, in which WHG owns an interest but of which WHG does not directly or indirectly own or control 100% of the securities or other interests therein, which entities include Xxxxxxx de San Xxxx Associates, El Conquistador Ferryboat Inc., WKA El Con Associates, WKA Development, S.E, Isla Verde Tourism Parking Corporation and El Conquistador Partnership L.P.; provided, however, the term Partially-Owned Subsidiary or Partially-Owned Subsidiaries shall not include those entities listed on Section 6.5 of the WHG Disclosure Letter.
Partially Owned Subsidiaries means ‎ ‎Curaleaf MD, ‎LLC, Naturex II, LLC and Las Vegas Natural Caregivers, L.L.C.‎
Partially Owned Subsidiaries means the Subsidiaries listed on Schedule B hereto;
Partially Owned Subsidiaries means, collectively, Apollo Energy III, LLC; Magellan-Montauk LFG, LLC; and, prior to the consummation of the Synfuels Divestiture, Montauk Synfuels, LLC.
Partially Owned Subsidiaries. Restricted Payments", "Subsidiary", and "Wholly-owned Subsidiary" are hereby amended in their entireties to read as follows:
Partially Owned Subsidiaries shall have the meaning set forth in Section 4.4(d).