Subsidiary Account Parties definition

Subsidiary Account Parties means each Subsidiary of the Company that is listed on the signature pages hereof under the caption "SUBSIDIARY ACCOUNT PARTIES" and each other Subsidiary of the Company that shall become a Subsidiary Account Party pursuant to Section 10.13, so long as such Subsidiary shall remain a Subsidiary Account Party hereunder.
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Examples of Subsidiary Account Parties in a sentence

  • The Company irrevocably waives acceptance hereof, presentment, demand, protest and any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against any Subsidiary Account Parties or any other Person.

  • Each notice under clause (i) above shall be deemed to constitute a representation and warranty by the Company and the Subsidiary Account Parties as to the matters specified in clauses (ii) and (iii) above.

  • This guarantee is a continuing guarantee and shall apply to all obligations of the Subsidiary Account Parties under this Agreement whenever arising, and is a guarantee of payment and is not merely a guarantee of collection.

  • The agreement of the Company under this clause (h) is a continuing guarantee and shall apply to all obligations of the Subsidiary Account Parties under this Agreement whenever arising, and is a guarantee of payment and is not merely a guarantee of collection.

  • The Company hereby acknowledges that the issuance of Letters of Credit for the account of any of the Subsidiary Account Parties inures to the benefit of the Company, and that the Company’s business derives substantial benefits from the businesses of such Subsidiary Account Parties.

  • The Company hereby acknowledges that the issuance of Letters of Credit for the account of any Designated Subsidiary Account Party inures to the benefit of the Company, and that the Company’s business derives substantial benefits from the businesses of such Designated Subsidiary Account Parties.

  • The Guarantor and the Subsidiary Account Parties have requested that the LC Issuer issue letters of credit of up to $150,000,000 in face amount at any one time outstanding issued for the account of the Subsidiary Account Parties, and the LC Issuer is prepared to issue such letters of credit upon the terms and conditions hereof.

  • The Guarantor and the Subsidiary Account Parties have requested that the LC Issuer issue letters of credit of up to $175,000,000 in face amount at any one time outstanding issued for the account of the Subsidiary Account Parties, and the LC Issuer is prepared to issue such letters of credit upon the terms and conditions hereof.

  • This note is one of the Notes referred to in the Credit Agreement dated as of June 30, 2016 among Lincoln National Corporation, the Subsidiary Account Parties party thereto, the Banks party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent (as the same may be amended from time to time, the "Credit Agreement").

  • The Guarantor and the Subsidiary Account Parties have requested that the LC Issuer issue letters of credit of up to $325,000,000 in face amount at any one time outstanding issued for the account of the Subsidiary Account Parties, and the LC Issuer is prepared to issue such letters of credit upon the terms and conditions hereof.

Related to Subsidiary Account Parties

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Initial Borrower has the meaning specified in the preamble hereto.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Original Borrower shall have the meaning set forth in the recitals hereto.

  • Non-Guarantor Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Borrower LLC Agreement means the limited liability company agreement of the Borrower, dated on or about the Closing Date, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Subsidiary Agreement means the agreement referred to in Section I.B of Schedule 2 to this Agreement pursuant to which the Recipient shall make part of the proceeds of the Financing available to the Project Implementing Entity.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.