Restricted Subsidiaries definition

Restricted Subsidiaries means all Subsidiaries other than Non-Restricted Subsidiaries.
Restricted Subsidiaries means all Subsidiaries of the Borrower other than Unrestricted Subsidiaries.
Restricted Subsidiaries means any Subsidiary, other than Unrestricted Subsidiaries.

Examples of Restricted Subsidiaries in a sentence

  • Cause each of its Restricted Subsidiaries to, upon learning of any actual non-compliance, promptly undertake reasonable efforts, if any, to achieve compliance, except to the extent such non-compliance would not reasonably be expected to have a Material Adverse Effect.

  • Each Obligor has good title to all of the shares it purports to own of the Equity Interests of each of its Restricted Subsidiaries, free and clear in each case of any Lien other than Permitted Liens.

  • The Historical Financial Statements are true, correct and complete in all material respects, have been prepared in accordance with GAAP, subject (in the case of the interim statements) to normal year-end audit adjustments and fairly and accurately present the financial condition of Borrower and its Restricted Subsidiaries as of the respective dates indicated therein and the results of operations for the respective periods indicated therein.

  • The Company will, and will cause its Subsidiaries to, maintain in effect and enforce policies and procedures intended to promote and achieve compliance by the Company, its Subsidiaries and their respective directors, officers, employees and agents, in each case, in their respective activities on behalf of the Company and its Restricted Subsidiaries, with the United States Foreign Corrupt Practices Act of 1977 and applicable Sanctions.

  • All references herein to consolidated financial statements of the Company and its Subsidiaries or Restricted Subsidiaries or to the determination of any amount for the Company and its Subsidiaries or Restricted Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Company is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein.


More Definitions of Restricted Subsidiaries

Restricted Subsidiaries means all existing and future Subsidiaries of Borrower other than the Unrestricted Subsidiaries.
Restricted Subsidiaries means, as of any date, the Subsidiaries of the Borrower which are not Unrestricted Subsidiaries.
Restricted Subsidiaries means the Persons set forth on Schedule 1.01(i) hereto and any New Restricted Subsidiary, provided that any Restricted Subsidiary redesignated as an Unrestricted Subsidiary pursuant to and in compliance with Section 7.08(c) shall cease to be a Restricted Subsidiary.
Restricted Subsidiaries means all Subsidiaries other than Unrestricted Subsidiaries.
Restricted Subsidiaries as of any date, the Subsidiaries of the Borrower and any other Loan Party which are not Unrestricted Subsidiaries.
Restricted Subsidiaries means, as of any date, all Subsidiaries of the Borrower that have not been designated as Unrestricted Subsidiaries by the Borrower pursuant to Section 6.08 or have been so designated as Unrestricted Subsidiaries by the Borrower but prior to such date have been (or have been deemed to be) re-designated by the Borrower as Restricted Subsidiaries pursuant to Section 6.08.
Restricted Subsidiaries means the Subsidiary Loan Parties and each other Subsidiary of any Borrower that is not an Unrestricted Subsidiary.