Thai Subsidiaries definition

Thai Subsidiaries means one or more Non-Subsidiary Credit Parties incorporated or otherwise formed under the laws of Thailand with respect to which more than 80% of each of its (i) sales are generated from operations located in Thailand and (ii) assets are located in Thailand, in each case, determined on a consolidated basis in accordance with GAAP.
Thai Subsidiaries means any and all of APM, DPM, IPTH, KRY, PGGT, PGIT and PIPP; and
Thai Subsidiaries means (i) Safeskin Corporation Thailand Ltd. and (ii) Safeskin Medical and Scientific Thailand Ltd.

Examples of Thai Subsidiaries in a sentence

  • All of the issued shares of each of the Thai Subsidiaries: (a) have been duly authorized and validly issued; (b) are fully paid; and (c) are non-assessable (meaning that each of the Thai Subsidiaries does not have the right to demand further payment from the shareholders of such shares) and, are free and clear of all pledge, encumbrance or claims.

  • The Constitutional Documents of each of the Thai Subsidiaries comply with the requirements of applicable Thai Laws and are in full force and effect.

  • Each of the Thai Subsidiaries is a private limited liability company duly registered and validly existing under the laws of Thailand and has power under its Constitutional Documents to carry on its business and to own its assets.

  • In determination of the share capital structure of the Thai Subsidiaries, the Thai Subsidiaries are considered majority Thai owned companies and not “foreigners” and thus not be subject to implications of the FBOA (regardless the different rights and entitlements of both ordinary shares and preference shares in DPM).

  • The ownership structure of the Thai Subsidiaries is, and immediately after the consummation of the Business Combination will be, in compliance with the requirements of applicable Thai Laws.

  • During 2014, and prior to the Effective Time, the Thai Subsidiaries, which are disregarded as entities separate from their parent, Safeskin B.V.I. (“Safeskin”) for United States federal income tax purposes, make a cash distribution of $80x to Safeskin (representing all of the Thai Subsidiaries’ current and accumulated earnings and profits).

  • The foreign income Tax Return of ForeignCo is a Joint Return because it includes Tax Items of both the External Distributing Business and the External SpinCo Business (and is not required to be filed with respect to Internal SpinCo (or any of its foreign Subsidiaries prior to the External Distribution) or the Thai Subsidiaries, each of which are members of the External SpinCo Group).

  • The ownership structure of the Thai Subsidiaries is, and immediately after the consummation of the Offering will be, in compliance with the requirements of applicable Thai Laws.


More Definitions of Thai Subsidiaries

Thai Subsidiaries means (i) Safeskin Corporation Thailand Ltd. and (ii) Safeskin Medical and Scientific Thailand Ltd. “Treasury Regulations” means the regulations promulgated from time to time under the Code as in effect for the relevant Tax Year. SECTION 2. Allocation of Tax Liabilities and Tax Benefits.

Related to Thai Subsidiaries

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

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

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • 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.

  • Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

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

  • Material Subsidiaries Subsidiaries of the Parent Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.

  • Inactive Subsidiaries means those Subsidiaries of the Borrower listed on Schedule 1.01.

  • Finance Subsidiary means, with respect to any Person, any Subsidiary of such Person which is primarily engaged in leasing or financing activities including (a) lease and purchase financing provided by such Subsidiary to dealers and consumers, (b) leasing or financing of installment receivables or otherwise providing banking, financial or insurance services to the Company and/or its affiliates or others or (c) financing the Company’s and/or its affiliates’ operations.

  • Parent Guarantors means the Company, Holdings I, Holdings II, Holdings III, Holdings IV and Holdings V.

  • U.S. Subsidiaries means all such Subsidiaries.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • Parent Material Contract shall have the meaning set forth in Section 4.16(a).