Special Purpose Subsidiaries definition

Special Purpose Subsidiaries means Saguaro National Insurance Company, a Vermont corporation, Global Indemnity Assurance, a Vermont corporation and a Subsidiary of BFI, Commercial Reassurance Limited, a corporation organized under the laws of the Republic of Ireland and a Subsidiary of BFI, and Allied Receivables Funding Incorporated, a Delaware corporation.

Special Purpose Subsidiaries means the Hawaii Joint Venture, the Non-Core Energy Subsidiaries and the Funding Subsidiaries.

Special Purpose Subsidiaries the collective reference to U.S. ---------------------------- Finance Subsidiary I, U.S. Finance Subsidiary II, U.S. Finance Subsidiary III, Netherlands BV I, Netherlands BV II, Netherlands BV III, Netherlands BV IV, U.K. Acquisition I and U.K. Acquisition II.

Examples of Special Purpose Subsidiaries in a sentence

• The Advisers, the Holding Companies and the Special Purpose Subsidiaries were each a direct or indirect wholly owned portfolio company of Kohlberg, and the Advisers and the Special Purpose Subsidiaries were required to register as investment advisers under the Advisers Act as a result of the elimination of the “private adviser” exemption from registration thereunder in accordance with the Private Fund Investment Advisers Registration Act of 2010.

• Each of the Borrower and its Restricted Subsidiaries has good and marketable title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other material property (including, without limitation, its partnership interests in the Special Purpose Subsidiaries), and none of such property is subject to any Lien except as permitted by subsection 6.3.

• The Borrower shall not, and shall not permit any Subsidiary to, at any time make or suffer to exist or remain outstanding any Investment in any Special Purpose Subsidiary other than Investments by the Borrower and its Subsidiaries in Special Purpose Subsidiaries which do not exceed, in the aggregate at any time, 50% of the Borrower's Consolidated Net Worth.

• With respect to Collateral that consists of Master Collection Accounts (as defined in the Intercreditor Agreement), Regional, the other Borrowers, the Special Purpose Subsidiaries and the other Grantors (as defined in the Security Agreement), pursuant to the Security Agreement shall grant a security interest in such Master Collection Accounts to Collateral Agent.

• The Borrower shall not, and shall not permit any of its Subsidiaries (other than Special Purpose Subsidiaries) to, make any Capital Expenditures, except that during any fiscal year of the Borrower, the Borrower and its Subsidiaries (other than Special Purpose Subsidiaries) may make Capital Expenditures so long as the aggregate amount of such Capital Expenditures does not exceed $75,000,000 in such fiscal year.

More Definitions of Special Purpose Subsidiaries

Special Purpose Subsidiaries means Xxxxx QRS Receivables, LLC and Xxxxx TRS Receivables, LLC, special purpose entities and borrowers under that certain Receivables Financing Agreement dated as of December 18, 2018 among the Special Purpose Subsidiaries, PNC Bank, National Association as administrative agent, PNC Capital Markets LLC as structuring agent and certain lenders from time to time party thereto.

Special Purpose Subsidiaries. KCI International and KCII Holdings LLC.

Special Purpose Subsidiaries means NVR Funding II, NVR Services and RVN.

Special Purpose Subsidiaries means the Hawaii Joint Venture and the Non-Core Energy Subsidiaries.

Special Purpose Subsidiaries means Ventas Finance I, ---------------------------- Inc., Ventas Specialty I, Inc., Ventas Finance I, LLC, Ventas Specialty I, LLC, any other wholly owned Subsidiary of Ventas (other than the Borrower or Ventas Capital Corporation) hereafter formed as a special purpose entity for purposes of serving directly or indirectly as the borrowing entity and portfolio property owner in a Qualified CMBS Transaction, and any Subsidiary of any of the foregoing.

Special Purpose Subsidiaries means Colonial Trade Company, Inc., Dixie Vault Trade Company, Inc., Doody Trade Company, Inc., Elder Daxxx Xrade Company, Inc., T.Y.G. Cxxxxxy, Inc., T.Y.G. Trade Xxxxxxx, Xxc., T.Y.G. Trade II Company, Inc., and West Point Trade Company, Inc.

Special Purpose Subsidiaries means (a) Georgetown Funding Company, LLC, (b) Arlington Funding Company, LLC and (c) any other special purpose vehicle sponsored by the Borrower or a wholly-owned, direct or indirect Subsidiary of the Borrower for the purpose of financing solely mortgage loans, receivables of a type commonly securitized, mortgage-backed securities and/or other asset-backed securities (but only if the accounts of such vehicle would be consolidated with those of the Borrower in the Borrower’s consolidated financial statements), provided that, prior to the formation of any such vehicle under this clause (c), the Borrower shall notify the Administrative Agent thereof.