Single Transaction Subsidiary means any Subsidiary whose assets consist solely of financing transactions and the proceeds thereof with one or more obligors where the obligations of such Subsidiary are not guaranteed by the Borrower or any other Subsidiary and for which neither the Borrower nor such other Subsidiary is liable.
Single Transaction Subsidiary means any Subsidiary whose assets consist solely of financing transactions and the proceeds thereof with one or more obligors where the obligations [Participation and Loan and Security Agreement] of such Subsidiary are not guaranteed by Borrower or any other Subsidiary and for which neither Borrower nor such other Subsidiary is liable. "STANDBY LETTER OF CREDIT", as defined in Section 2.02(e) hereof. "STANDBY LETTER OF CREDIT FEE" has the meaning assigned to such term in Section 2.10(c) hereof.
Single Transaction Subsidiary means any Subsidiary whose assets consist solely of financing transactions and the proceeds thereof with one or more obligors where the obligations of such Subsidiary are not guaranteed by the Borrower or any other Subsidiary and for which neither the Borrower nor such other Subsidiary is liable. “subsidiary” means, with respect to any Person (the “Parent”) at any date, any other Person that, as of such date, the accounts of which would be consolidated with those of the Parent in the Parent’s consolidated financial statements if such financial statements were prepared in accordance with GAAP, as well as any other Person of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, controlled or held. “Subsidiary” means any subsidiary of the Borrower. “Swing Line Advance” means an advance made by any Swing Line Bank pursuant to Section 2.01(c) or any Lender pursuant to Section 2.02(b).
Examples of Single Transaction Subsidiary in a sentence
For the purposes of this Section 5.02(d), the term "Subsidiary" does not include any GARC or Single Transaction Subsidiary and "KVG Group" means GATX Rail Austria GmbH, GATX Rail Germany GmbH, GATX Rail Poland Sp. zo.o. and their respective Subsidiaries.
More Definitions of Single Transaction Subsidiary
Single Transaction Subsidiary means any Subsidiary whose assets consist solely of financing transactions and the proceeds thereof with one or more obligors where the obligations of such Subsidiary are not guaranteed by the Borrower or any other Subsidiary and for which neither the Borrower nor such other Subsidiary is liable. “subsidiary” means, with respect to any Person (the “Parent”) at any date, any other Person that, as of such date, the accounts of which would be consolidated with those of the Parent in the Parent’s consolidated financial statements if such financial statements were prepared in accordance with GAAP, as well as any other Person of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, controlled or held. “Subsidiary” means any subsidiary of the Borrower. “Swing Line Advance” means an advance made by any Swing Line Bank pursuant to Section 2.01(c) or any Lender pursuant to Section 2.02(b). “Swing Line Bank” means Citibank, any other Lender that expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as an Swing Line Bank and notifies the Agent of its Swing Line Commitment, or their respective successors and assigns. “Swing Line Borrowing” means a borrowing consisting of a Swing Line Advance made by any Swing Line Bank. “Swing Line Commitment” means with respect to any Swing Line Bank at any time the amount set forth opposite such Swing Line Bank’s name on Schedule I hereto, as such amount may be reduced pursuant to Section 2.05. “Swing Line Facility” has the meaning specified in Section 2.01(c). 15 NYDOCS02/1188161
Single Transaction Subsidiary means any Subsidiary whose assets
Single Transaction Subsidiary means any Subsidiary whose assets