Released Subsidiary definition

Released Subsidiary has the meaning assigned to such term in Section 6.14(b).
Sample 1Sample 2Sample 3
Released Subsidiary has the meaning specified in the definition of “Collateral and Guarantee Requirement.”
Sample 1Sample 2Sample 3
Released Subsidiary shall have the meaning given such term in Section 9.17.
Sample 1Sample 2Sample 3

Examples of Released Subsidiary in a sentence

  • Pursuant to Section 10.04 of the Indenture, each of the Released Subsidiary Guarantors is hereby released from its obligations under its Subsidiary Guarantees and under the Indenture.

  • From and after the execution and delivery hereof, the term “Subsidiary Guarantor” as used in the Indenture, the Subsidiary Guarantees and the Notes shall exclude each of the Released Subsidiary Guarantors, unless and until such Person again becomes a Subsidiary Guarantor pursuant to the provisions of Section 4.09 of the Indenture.

  • This Release shall form a part of the Indenture for all purposes, shall inure to the benefit of the Issuer, the Released Subsidiary Guarantor, the Trustee and every Holder of Securities heretofore or hereafter authenticated and the Issuer, the Released Subsidiary Guarantor, the Trustee and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby.

  • Effective from and after the consummation of this Release, the Released Subsidiary Guarantor is hereby irrevocably released and discharged from its obligations under Article 10 of the Indenture, any Guaranty Agreement to which it may be party or any obligations with respect to the Securities.

  • This Release shall form a part of the Indenture for all purposes, shall inure to the benefit of the Issuer, each of the Released Subsidiary Guarantors, the Trustee and every Holder of Securities heretofore or hereafter authenticated and the Issuer, each of the Released Subsidiary Guarantors, the Trustee and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby.

  • Effective from and after the consummation of the Syndication, each of the Released Subsidiary Guarantors is hereby irrevocably released and discharged from its obligations under Article 10 of the Indenture, any Guaranty Agreement to which it may be party or any obligations with respect to the Securities.

  • Xxxxxxx Executive Vice President, Secretary & General Counsel Released Subsidiary Guarantor: Triad of Oregon, LLC By: /s/ Xxxxx X.

  • From and after the execution and delivery hereof, the term “Subsidiary Guarantor” as used in the Indenture, the Subsidiary Guarantees and the Notes shall exclude each of the Released Subsidiary Guarantors, unless and until such Person again becomes a Subsidiary Guarantor pursuant to the provisions of Section 4.14 of the Indenture.

  • The CADA shall be terminated as to the Released Subsidiary Party, and the Released Subsidiary Party shall no longer be a party to the CADA, as of the date of this Termination Agreement.

  • The Issuer hereby represents that an Investment Grade Rating Event occurred on November 6, 2014 and that each of the Released Subsidiary Guarantors does not have outstanding Indebtedness, and each of the Released Subsidiary Guarantors does not guarantee Indebtedness of the Issuer, Superior Energy or any other Guarantor, in each case in excess of a De Minimis Amount.


More Definitions of Released Subsidiary

Released Subsidiary has the meaning specified in Section 6.10.
Sample 1
Released Subsidiary and “Released Subsidiaries” of MediaTek means each Licensed Subsidiary of MediaTek as of the Effective Date, as listed on Exhibit A.
Sample 1
Released Subsidiary and “Released Subsidiaries” of Xxxxx means each Licensed Subsidiary of Xxxxx as of the Effective Date, as listed on Exhibit B.
Sample 1
Released Subsidiary and “Released Subsidiaries” of [****] means each Licensed Subsidiary of [****] as of the Effective Date, as listed on Exhibit B.
Sample 1
Released Subsidiary means any Subsidiary listed on Schedule 1 to Amendment No. 3.
Sample 1
Released Subsidiary is defined in paragraph 5I of this Agreement.
Sample 1

Related to Released Subsidiary

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

  • Non-U.S. Subsidiary means any Subsidiary that is organized under the laws of a jurisdiction other than the United States of America or any State thereof or the District of Columbia.

  • Excluded Subsidiary means (a) each Immaterial Subsidiary, (b) each Subsidiary that is not a Wholly-Owned Subsidiary on any date such Subsidiary would otherwise be required to become a Guarantor pursuant to the requirements of Section 8.10 (for so long as such Subsidiary remains a non-Wholly-Owned Subsidiary), (c) each Subsidiary (i) that is prohibited by any applicable Requirement of Law or Contractual Requirement (with respect to any such Contractual Requirement, only to the extent existing on the Closing Date or on the date such Person becomes a Subsidiary of the Company and not entered into in contemplation thereof) from guaranteeing the Obligations (and for so long as such restriction or any replacement or renewal thereof is in effect), (ii) that would require consent, approval, license or authorization to provide a Guarantee of the Obligations from a Governmental Authority (unless such consent, approval, license or authorization has been received) or for which the provision of such Guarantee would result in material adverse tax consequences to the Company or one or more of its Subsidiaries (as reasonably determined by the Company in consultation with the Administrative Agent) or (iii) that is a CFC (or a Subsidiary of a CFC) or FSHCO, (d) any other Subsidiary with respect to which, in the reasonable judgment of the Administrative Agent and the Borrower, as agreed in writing, the cost or other consequences of providing a Guarantee of the Obligations would be excessive in view of the benefits to be obtained by the Lenders therefrom, (e) each Unrestricted Subsidiary, (f) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment permitted hereunder and financed with secured Indebtedness permitted to be incurred pursuant to Section 9.04, and each Restricted Subsidiary acquired in such Permitted Acquisition or other Investment permitted hereunder that guarantees such secured Indebtedness, in each case, to the extent that, and for so long as, the documentation relating to such secured Indebtedness to which such Subsidiary is a party prohibits such Subsidiary from guaranteeing the Obligations and such prohibition was not created in contemplation of such Permitted Acquisition or other Investment permitted hereunder and (g) any special purpose entity (including any not-for-profit entity).

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • U.S. Subsidiary means any Subsidiary that is organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Material Subsidiary means any Subsidiary other than an Immaterial Subsidiary.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.