T & C Subsidiary definition
T & C Subsidiary means CAC (TCI) Ltd., a company established under the laws of the Turks & Caicos Islands.
T & C Subsidiary means the "T & C Subsidiary" under each of the Credit Agreement and the applicable Future Debt Documents.
T & C Subsidiary means CAC (TCI) Ltd., a company established under the laws of the Turks and Caicos Islands. The T& C Subsidiary shall be considered and deemed to be, solely for purposes of the grant of a security interest and lien over all of its property described in Sections 2.1(i) and 2.1(k) of this Agreement and the maintenance of the Receiving Account established under Section 4.14(c) of this Agreement, a Debtor under this Agreement.
Examples of T & C Subsidiary in a sentence
The Banks further irrevocably authorize the Agent, at its option and in its discretion, to grant such other releases as may be necessary to effectuate the New Restructuring (including the release of Liens on the assets of the T&C Subsidiary and on the equity interests in the T & C Subsidiary and the release of the T & C Subsidiary from its obligations under the Guaranty).
More Definitions of T & C Subsidiary
T & C Subsidiary means CAC (TCI) Ltd., a company established under the laws of the Turks and Caicos Islands. The T& C Subsidiary shall be considered and deemed to be, solely for purposes of the grant of a security interest and lien over all of its property described in Sections 2.1(i) and 2.1(k) of this Agreement and the maintenance of the Receiving Account established under Section 4.14(c) of this Agreement, a Debtor under this Agreement. "UCC" means the Uniform Commercial Code as in effect in the State of Michigan; provided, that if, by applicable law, the perfection or effect of perfection or non-perfection of the security interest created hereunder in any Collateral is governed by the Uniform Commercial Code as in effect on or after the date hereof in any other jurisdiction, "UCC" means the Uniform Commercial Code as in effect in such other jurisdiction for purposes of the provisions hereof relating to such perfection or the effect of perfection or non-perfection.