Subject Subsidiary definition

Subject Subsidiary as defined in Section 6.12.

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Subject Subsidiary has the meaning assigned to such term in Section 5.10.

Subject Subsidiary means a subject subsidiary prescribed in Rule 803, Paragraph 5 of the Regulations.

Examples of Subject Subsidiary in a sentence

• The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement.

• The designation of the Subject Subsidiary as a Subsidiary Borrower under the Credit Agreement shall become effective as of the date (the “Joinder Effective Date”) on which the Administrative Agent accepts this Subsidiary Borrower Designation as provided on the signature pages below.

• As of the Joinder Effective Date, the Subject Subsidiary shall be entitled to the rights, and subject to the obligations, of a Subsidiary Borrower.

• The Company and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 10.13(a) of the Credit Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Credit Agreement.

• Notwithstanding anything to the contrary in this Agreement, the Borrower will not, and will not permit any of its Subsidiaries (other than a Subject Subsidiary) to, sell, transfer, lease, contribute or otherwise convey, exchange or lease, or grant options, warrants or other rights with respect to, all or any substantial part of its assets (including accounts receivable and capital stock of Subsidiaries) to any Subject Subsidiary.

More Definitions of Subject Subsidiary

Subject Subsidiary shall have the meaning set forth in Section 5.2.

Subject Subsidiary shall have the meaning provided in Section 9.17.

Subject Subsidiary means, with respect to any Credit Party, a Subsidiary of such Credit Party that is organized, incorporated or formed under the laws of the jurisdiction of any other Credit Party.

Subject Subsidiary has the meaning set forth in Section 3.7(c).

Subject Subsidiary means all Subsidiaries of the Borrowers organized under the laws of any state in the United States, any province of Canada or any political jurisdiction of any country in South America, except any Subsidiary that is itself a Borrower or Guarantor and except for Bel▇ ▇▇croproducts Europe Inc., a California corporation.

Subject Subsidiary means Cadipsa, or any Subsidiary designated by the ------------------ Borrower and approved by Lenders with an aggregate Percentage of at least 75%; such Subsidiaries are sometimes collectively called herein the "Subject ------- Subsidiaries." ------------

Subject Subsidiary means, at any time of determination, a Subsidiary that (i) is an Immaterial Subsidiary, (ii) its Consolidated EBITDA for the then most recently ended Test Period is not in excess of 5.0% of the Consolidated EBITDA of Borrower and its Restricted Subsidiaries or (iii) its Consolidated Total Assets as of the last day of the then most recently ended Test Period is not in excess of 5.0% of the Consolidated Total Assets of Borrower and its Restricted Subsidiaries on a consolidated basis.