Subsidiary Loan Party definition

Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

Subsidiary Loan Party means any Subsidiary that executes or becomes a party to the Guaranty and Security Agreement.

Subsidiary Loan Party means (a) each Wholly Owned Domestic Subsidiary of the Borrower that is not an Excluded Subsidiary and (b) any other Subsidiary of the Borrower that may be designated by the Borrower (by way of delivering to the Collateral Agent a supplement to the Collateral Agreement and a supplement to the Subsidiary Guarantee Agreement, in each case, duly executed by such Subsidiary) in its sole discretion from time to time to be a guarantor in respect of the Obligations and the obligations in respect of the Loan Documents, whereupon such Subsidiary shall be obligated to comply with the other requirements of Section 5.10(d) as if it were newly acquired.

Examples of Subsidiary Loan Party in a sentence

• Schedule 3.12 sets forth the name of, and the ownership or beneficial interest of Holdings in, each subsidiary, including the Borrower, and identifies each Subsidiary that is a Subsidiary Loan Party, in each case as of the Closing Date.

• In addition, a Subsidiary Loan Party or Collateral of the Loan Parties may be released in accordance with the Collateral Agreement.

• As of the Amendment and Restatement Effective Date and as of each date on which such schedule is subsequently updated pursuant to the terms of this Agreement, Schedule 4.14 sets forth the name of, the ownership interest of the applicable owner in, the jurisdiction of incorporation or organization of, and the type of each Subsidiary of the Borrower and the other Loan Parties and identifies each Subsidiary that is a Subsidiary Loan Party and each Subsidiary that is an Excluded Subsidiary.

More Definitions of Subsidiary Loan Party

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

Subsidiary Loan Party means each Subsidiary that is a Loan Party.

Subsidiary Loan Party means any Subsidiary that is, or is required under the terms of this Agreement to be, a party to any Security Document.

Subsidiary Loan Party means any Subsidiary that executes or becomes a party to the Subsidiary Guaranty Agreement.

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

Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary.

Subsidiary Loan Party means each Restricted Subsidiary that is a Wholly Owned Subsidiary of the Lead Borrower, other than (a) any Foreign Subsidiary of the Lead Borrower, (b) any Subsidiary of a Foreign Subsidiary, (c) any Unrestricted Subsidiary, (d) any Immaterial Subsidiary or (e) any Excluded Subsidiary.