Primary Subsidiaries definition

Primary Subsidiaries means Phoenix American Life Insurance Co., the Company, and any other Subsidiary of the Guarantor which at the time of determination has capital or a net worth in excess of $25,000,000.
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Primary Subsidiaries means PXP, PLIC and any other Subsidiary of the Parent or PLIC which at the time of determination has capital or a net worth in excess of $25,000,000.
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Primary Subsidiaries means, individually and collectively, Joy Technologies Inc., a Delaware corporation, doing business as Joy Mining Machinery, and Harnischfeger Corporation, a Delaware corporation, doing business as P&H Mining Equipment.
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Examples of Primary Subsidiaries in a sentence

  • As of the date hereof the Primary Subsidiaries are as identified on Exhibit I.

  • No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for the due execution, delivery and performance by the Borrower and the Primary Subsidiaries of any Loan Document to which it is a party.

  • The Borrower and each of its subsidiaries (including the Primary Subsidiaries) have all necessary power and authority to conduct their respective businesses as presently conducted.

  • All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Plans subject to Title IV of ERISA at any time maintained by any one or more of the Company or the Primary Subsidiaries and the present value of assets of such Plans shall be reasonable in the good faith judgment of the Company and shall comply with all requirements of law in all material respects.

  • The Guarantor and its Primary Subsidiaries own or possess all patents, trademarks, trade names, service marks, copyrights, licenses, franchises and rights necessary and material to them for the conduct of their business, without any known conflict by, or with the rights of, others.

  • The Guarantor and its Primary Subsidiaries are not in default with respect to any order of any court or governmental authority or arbitration board or tribunal.

  • All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Plans subject to Title IV of ERISA at any time maintained by any one or more of the Guarantor or the Primary Subsidiaries and the present value of assets of such Plans shall be reasonable in the good faith judgment of the Guarantor and shall comply with all requirements of law in all material respects.

  • The Company will, and will cause the Primary Subsidiaries to, maintain insurance coverage by financially sound and reputable insurers in such forms and amounts, with such deductibles and against such risks, as are customary for business entities of established reputation engaged in the same or a similar business and owning and operating similar properties.

  • Each of the Primary Subsidiaries is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization.

  • The Companies will not, and the Guarantor will not permit any Primary Subsidiary to, engage in any business or activity if, as a result, the general nature of the business which would then be engaged in by the Guarantor and the Primary Subsidiaries would be substantially changed from the general nature of the business engaged in by the Guarantor and the Primary Subsidiaries on the date of this Agreement.


More Definitions of Primary Subsidiaries

Primary Subsidiaries means PXP, PLIC and any other Subsidiary of the Parent which at the time of determination has capital or a net worth in excess of $25,000,000.
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Primary Subsidiaries means, with respect to Borrower, all of its Subsidiaries other than Property Holdings, the Real Estate Trusts and Nationwide Team Sales.
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Primary Subsidiaries means FLAC Holdings, LLC, Forethought Life Assurance Company, LifeCo, Forethought Life Insurance Company, and their successors.
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Primary Subsidiaries means PXP, PLIC (from and after the Demutualization Conditions Effective Date) and any other Subsidiary of the Parent or PLIC which at the time of determination has capital or a net worth in excess of $25,000,000.
Sample 1
Primary Subsidiaries means Xxxxxx American Group, Inc. and Xxxxxx American Corp.
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Related to Primary Subsidiaries

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • 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.

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

  • 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.

  • Acquired Subsidiaries means Subsidiaries of the Failed Bank acquired pursuant to Section 3.1.

  • Principal Subsidiaries means any subsidiary of the Guarantor whose total assets, as shown by the accounts of such subsidiary (consolidated in the case of a subsidiary which itself has subsidiaries), based upon which the latest audited consolidated accounts of the Group have been prepared, is at least 20 per cent. of the total assets of the Group as shown by such audited consolidated accounts, provided that if any such subsidiary (the “transferor”) shall at any time transfer the whole or a substantial part of its business, undertaking or assets to another subsidiary of the Guarantor or to the Guarantor itself (the “transferee”) then:

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Retained Subsidiaries means all of the direct and indirect Subsidiaries of Seller other than the Purchased Subsidiaries.

  • Group Companies means the Company and its Subsidiaries.

  • Target Companies means the Company and its Subsidiaries.

  • Company Entities means the Company and the Company Subsidiaries.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Material Subsidiaries Subsidiaries of the Parent Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.

  • Company Subsidiary means any Subsidiary of the Company.

  • 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 Borrower.

  • Significant Subsidiaries means, as of any date of determination, collectively, all Subsidiaries that would constitute a “significant subsidiary” under Rule 1-02 of Regulation S-X promulgated by the SEC, and each of the foregoing, individually, a “Significant Subsidiary.”

  • Designated Subsidiaries means the Subsidiaries which have been designated by the Board from time to time in its sole discretion as eligible to participate in the Plan.

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

  • Excluded Subsidiaries means any Subsidiary of any Holding Company that is not itself a Holding Company or the Borrower and that is: (a) listed on Schedule 1.02 as of the Closing Date; (b) a CFC or a CFC Holding Company; (c) any not-for-profit Subsidiary; (d) a Joint Venture or a Subsidiary that is not otherwise a wholly-owned Restricted Subsidiary; (e) an Immaterial Subsidiary; (f) an Unrestricted Subsidiary; (g) a Captive Insurance Subsidiary or other special purpose entity; (h) prohibited by any applicable Requirement of Law or contractual obligation from guaranteeing or granting Liens to secure any of the Secured Obligations or with respect to which any consent, approval, license or authorization from any Governmental Authority would be required for the provision of any such guaranty (but in the case of such guaranty being prohibited due to a contractual obligation, such contractual obligation shall have been in place at the Closing Date or at the time such Subsidiary became a Subsidiary and is not created in contemplation of or in connection with such Person becoming a Subsidiary); provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (h) if such consent, approval, license or authorization has been obtained (it being understood and agreed that no Loan Party or Restricted Subsidiary shall be required to seek any such consent, approval, license or authorization); (i) with respect to which the Borrower (in consultation with the Administrative Agent) reasonably determines that guaranteeing or granting Liens to secure any of the Secured Obligations would result in material adverse tax consequences; (j) with respect to which the Borrower and the Administrative Agent reasonably agree that the cost and/or burden of providing a guaranty of the Secured Obligations outweighs the benefits to the Lenders; (k) a direct or indirect Subsidiary of an Excluded Subsidiary; (l) a Securitization Subsidiary; (m) organized or incorporated outside of the United States or any state, province, territory or jurisdiction thereof, (n) [reserved] and (o) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other permitted Investment that, at the time of such Permitted Acquisition or other permitted Investment, has assumed secured Indebtedness permitted hereunder and not incurred in contemplation of such Permitted Acquisition or other Investment and each Restricted Subsidiary that is a Subsidiary thereof that guarantees such Indebtedness, in each case to the extent (and solely for so long as) such secured Indebtedness prohibits such Restricted Subsidiary from becoming a Guarantor (provided that each such Subsidiary shall cease to be an Excluded Subsidiary under this clause (o) if such secured Indebtedness is repaid or becomes unsecured, if such Restricted Subsidiary ceases to be an obligor with respect to such secured Indebtedness or such prohibition no longer exists, as applicable).