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Retail Subsidiary definition

Retail Subsidiary means a Subsidiary which is engaged in the sale or distribution of new or used motor vehicles, or both, and/or parts and accessories used in connection with motor vehicles.
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Retail Subsidiary means RE Supply, RERR, RERH, and RERS. For the purposes of Sections 4.1, 4.2(a), 4.3(b), 4.3(d), 4.4, 4.6(a), 4.7, 4.12, 4.13, 4.14, 4.15, 4.16, 6.1, 7.1 and 7.16 of this Agreement, with respect to the Seller, “Retail Subsidiaries” shall also be deemed to include the Trademark Trust and the IT Trust.
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Retail Subsidiary shall have the meaning ascribed to such term in Section 6.1 hereof."
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Examples of Retail Subsidiary in a sentence

  • Corporation DE 100 100% by AutoNation Enterprises Incorporated Retail Subsidiary AN F.

  • Should a Retail Subsidiary not be successful in obtaining a License, the Company will not be required to purchase that entity.

  • Pursuant to the agreement, the Company also reimbursed 1175579 B.C. for the associated legal fees, paid $65,000 to 1175579 B.C., and accrued an amount payable of $350,000 which 1175579 B.C. would otherwise have been entitled to under a Retail Subsidiary purchase within 14 months as the balance of funds are paid to the Company.

  • Corporation DE 100 100% by AutoNation Enterprises Incorporated Retail Subsidiary AutoNation V.

  • Corporation DE 100 100% by AutoNation Enterprises Incorporated Retail Subsidiary AutoNation Imports of Palm Beach, Inc.

  • Corporation DE 100 100% by AutoNation Enterprises Incorporated Retail Subsidiary AN Subaru Motors, Inc.

  • Corporation CA 100 100% by Xxxxx Incorporated Retail Subsidiary Autohaus Holdings, Inc.

  • Corporation FL 100 100% by AutoNation Enterprises Incorporated Retail Subsidiary AN Motors of Dallas, Inc.

  • The accumulated balance under the Bridge Loan for this Retail Subsidiary of$213,873 was forgiven and reflected as a reduction of the gain on the sale of the retail subsidiary and the Company has recorded a net gain on sale of this retail subsidiary of $121,127.

  • Corporation DE 100 100% by AN Imports of Stevens Creek Holding, LLC Retail Subsidiary AN Imports on Weston Road, Inc.


More Definitions of Retail Subsidiary

Retail Subsidiary means each of Chamberlin Natural and Healxx Xxxx.
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Retail Subsidiary. Department 56 Retail, Inc., a Minnesota corporation, or any other direct wholly-owned Subsidiary of Holding created principally to make retail sales of the Company's inventory;
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Retail Subsidiary means Smiley’s Super Service, Inc., a Hawaiian corporation.
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Retail Subsidiary means each of Alon USA Interests, LLC, Southwest Convenience Stores, LLC, SCS Finance GP LLC, SCS Finance LP LLC, SCS Finance I, L.P. and SCS Finance II, L.P., and any of their respective subsidiaries.
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Retail Subsidiary means each of Xxxxxxxxxx Natural and Health Food.
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Retail Subsidiary means any direct or indirect Subsidiary of Navistar as of the date hereof that engages (as of the date hereof or hereafter) in retail Customer sales or financing of Equipment.
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Related to Retail Subsidiary

  • JV Subsidiary means any Wholly-Owned Subsidiary of the Borrower that directly holds Capital Stock of a Joint Venture.

  • Regulated Subsidiary means any Subsidiary registered or regulated as a broker or dealer with or by the SEC, FINRA, FSA, CFTC or any other applicable governmental authority, whether domestic or foreign.

  • Subsidiary means, with respect to any specified Person:

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

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

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) 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, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Restricted Subsidiary means any Subsidiary of the Company other than an Unrestricted Subsidiary.

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

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • Foreign Subsidiary Holding Company means any Subsidiary of the Company which is organized under the laws of the United States of America or any State thereof or the District of Columbia, substantially all of the assets of which consist of the Capital Stock or Indebtedness of one or more Foreign Subsidiaries (or Restricted Subsidiaries thereof) and other assets relating to an ownership interest in such Capital Stock or Indebtedness.

  • 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.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, constructing or acquiring power generation facilities or related or ancillary assets or properties and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Financing Subsidiary means (a) any Structured Subsidiary or (b) any SBIC Subsidiary.

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

  • License Subsidiary means one or more wholly-owned Restricted Subsidiaries of the Issuer (i) that holds, was formed for the purpose of holding or is designated to hold FCC Licenses for the launch and operation of Satellites or for the operation of any TT&C Earth Station (other than any FCC License held by Intelsat General Corporation or any of its Subsidiaries) and (ii) all of the shares of capital stock and other ownership interests of which are held directly by the Issuer or a Subsidiary Guarantor.

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

Most Referenced Clauses

Most Referenced Definitions