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.”

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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

• No audits, examinations, or other proceedings with respect to any material amounts of Taxes of the Company and its Significant Subsidiaries are presently in progress or have been asserted or proposed in writing without subsequently being paid, settled or withdrawn.

• The Company and its Significant Subsidiaries have filed all federal, state and foreign income Tax Returns and other Tax Returns required to have been filed under applicable law (or extensions have been duly obtained) and have paid all Taxes required to have been paid by them, except for those which are being contested in good faith and except where failure to file such Tax Returns or pay such Taxes would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

• There is no labor dispute, strike or work stoppage against the Company or its Significant Subsidiaries pending or, to the knowledge of the Company, threatened which may interfere with the business activities of the Company, except where such dispute, strike or work stoppage is not reasonably likely, individually or in the aggregate, to have a Material Adverse Effect.

• The Company and its Significant Subsidiaries are in compliance with all applicable federal, state and local laws, rules and regulations regarding employment, except for any failures to comply that are not reasonably likely, individually or in the aggregate, to have a Material Adverse Effect.

• Any real property and buildings held under lease by the Company or its Significant Subsidiaries is held under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company or its Significant Subsidiaries, as the case may be.

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 subsidiary” of 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 means the Subsidiaries of the Company as defined in Article 1, Rule 1-02 of Regulation S-X under the Exchange Act.