Tax Blocker Subsidiaries means (a) any wholly-owned Subsidiary of the Company from time to time designated in writing by the Company to the holder of the Notes as a “Tax Blocker Subsidiary”; provided that at no time shall any Tax Blocker Subsidiary hold any assets other than Capital Stock.
Tax Blocker Subsidiaries means (a) Any wholly-owned Subsidiary of the Company from time to time designated in writing by the Company to the holders of the Notes as a “Tax Blocker Subsidiary,” (b) Alcentra BDC Equity Holdings, LLC and (c) CBDC Universal Equity, Inc.; provided that at no time shall any Tax Blocker Subsidiary hold any assets other than Capital Stock.
Tax Blocker Subsidiaries. (a) Any wholly-owned Subsidiary of the Borrower from time to time designated in writing by the Borrower to the Administrative Agent as a “Tax Blocker Subsidiary” and (b) on and after the Atlantis Acquisition, Alcentra BDC Equity Holdings, LLC; provided that at no time shall any Tax Blocker Subsidiary hold any assets other than Capital Stock.
Examples of Tax Blocker Subsidiaries in a sentence
It shall not have or permit the formation of any subsidiaries, except (i) in connection with the receipt of equity securities with respect to a Collateral Loan, an Eligible Investment or any exchange offer, work-out or restructuring of a Collateral Loan or (ii) Tax Blocker Subsidiaries.