Titan II definition

Titan II means Titan II Inc., a Delaware corporation and a Wholly Owned Subsidiary of the Borrower.
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Titan II means (i) prior to the consummation of the Spin-off, the Current NGC Parent after (A) it becomes a Wholly Owned Subsidiary of the Borrower and (B) the Main Shipbuilding Subsidiary becomes a Wholly Owned Subsidiary of the Borrower and (ii) after the consummation of the Spin-off, Titan II Inc., a Delaware corporation and a Wholly Owned Subsidiary of the Borrower.
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Examples of Titan II in a sentence

  • Permit or cause Titan II to engage at any time in any business or have any assets or liabilities, other than (i) its liabilities as a guarantor under the Titan II Guarantees or liabilities for which Titan II is indemnified under the Spin-off Transaction Documents, (ii) liabilities reasonably incurred in connection with the maintenance of Titan II’s corporate existence or arising from the Spin-off Transaction Documents, and (iii) indemnities from the Borrower in support of the foregoing.

Related to Titan II

  • Domestic Company means a company incorporated or organized under the laws of this

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Foreign nonprofit corporation means an entity:

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • public enterprise means a public enterprise as defined in Part V of the Handbook.

  • Domestic winery means a place where wines are manufactured

  • Venture means any group of two or more persons associated in fact, whether or not a legal entity.

  • Qualified health plan means a health benefit plan that has in effect a certification that the plan

  • Domestic brewery means a place where beer and malt liquor

  • micro-enterprise means an enterprise which employs fewer than 10 persons and has an annual balance sheet that does not exceed 2 million Euros.

  • private hospital means a hospital that is not a public hospital;

  • Holdings as defined in the preamble hereto.