Significant Subsidiaries definition

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.”
Significant Subsidiaries means any of our subsidiaries that is a “significant subsidiary” as defined in Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act.
Significant Subsidiaries means, with respect to each Borrower, each significant subsidiary of such Borrower (as such term is defined in Regulation S-X of the SEC (17 C.F.R. §210.1-02(w)), or any successor provision) (excluding Securitization SPVs).

Examples of Significant Subsidiaries in a sentence

  • The Company and each of the Guarantors and the Significant Subsidiaries is, and immediately after the Closing Date will be, Solvent.

  • There are no claims by the Company or any Guarantor or the Significant Subsidiaries under any such policy or instrument as to which an insurance company is denying liability or defending under a reservation of rights clause.

  • The Company has no reason to believe that it or any Guarantor or the Significant Subsidiaries will not be able (i) to renew its existing insurance coverage as and when such policies expire or (ii) to obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and at a cost that would not have, individually or in the aggregate, a Material Adverse Effect.

  • All policies of insurance insuring the Company or any Guarantor or the Significant Subsidiaries or any of their respective businesses, assets, employees, officers and directors are in full force and effect, and the Company and the Guarantors and the Significant Subsidiaries are in compliance with the terms of such policies in all material respects.


More Definitions of Significant Subsidiaries

Significant Subsidiaries. Restricted Subsidiaries of the Borrower constituting, individually or in the aggregate (as if such Restricted Subsidiaries constituted a single Subsidiary), a “significant subsidiary” of the Borrower within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC, as in effect on the date hereof.
Significant Subsidiaries means Berkley Insurance Company, which is currently the only operating insurance company that is a “significant subsidiaryof the Company as that term is defined in Rule 1-02(w) of Regulation S-X of the Rules and Regulations.
Significant Subsidiaries means the operating Subsidiaries of the Company that generated revenues in excess of $30,000,000 for the year ended December 31, 2009.
Significant Subsidiaries has the meaning set forth in Section 3.1(b).
Significant Subsidiaries means Compass Bancshares, Inc. and Grupo Financiero BBVA Bancomer, S.A. de C.V.; and
Significant Subsidiaries means, collectively, each and every Significant Subsidiary.
Significant Subsidiaries of a party means Subsidiaries of such party which constitute "significant subsidiaries" under Rule 405 promulgated by the Commission under the Securities Act.