Unrestricted Affiliate definition

Unrestricted Affiliate means a Person which the Company indicates in writing to the Administrative Agent will constitute an “Unrestricted Affiliate” hereunder, including joint ventures and Persons in which the Company and its Subsidiaries have a non-controlling equity interest.

Unrestricted Affiliate means a Person (other than a Subsidiary of the Company except a Non-Recourse Subsidiary) controlled by, or under common control with, the Company in which no Affiliate of the Company (other than (i) the Company or a Wholly-Owned Recourse Subsidiary, (ii) any director or officer of the Company or any of its Subsidiaries whose primary employment is by the Company or any of its Subsidiaries other than a Non-Recourse Subsidiary, except for Permitted Holders or members of their immediate family, and (iii) another Unrestricted Affiliate) has an Investment.

Unrestricted Affiliate means any Non-Subsidiary Affiliate of the Parent Guarantor that is designated as such under Section 4.17 of this Indenture.

Examples of Unrestricted Affiliate in a sentence

• Except to the extent that any such Transfer is an Unrestricted PKY Transfer, an Unrestricted Affiliate Transfer, an Unrestricted Public Transfer, a Partner Syndication Transfer or another type of Permitted Transfer, (i) no Partner shall Transfer all or any part of its Partnership Interest and (ii) no Partner shall suffer or permit the Transfer of any direct or indirect interest in such Partner.

• The Board of Directors may designate a Restricted Subsidiary of the Company or of a Restricted Affiliate to be an Unrestricted Subsidiary and may designate a Restricted Affiliate to be an Unrestricted Affiliate if no Default or Event of Default shall have occurred and be continuing, and if, after giving pro forma effect to such designation, the Company would have been permitted to make at least $1.00 of additional Investments pursuant to clause (f) of the definition of Permitted Investments.

• Unrestricted Affiliate" means a Person which the Company indicates in writing to the Agent will constitute an "Unrestricted Affiliate".

• Unrestricted Affiliate" means a Person acquired by the Holding Company in accordance with Section 6.9.7 and which is designated in writing by the Holding Company to the Agent as an "Unrestricted Affiliate".

More Definitions of Unrestricted Affiliate

Unrestricted Affiliate means any Minority Owned Affiliate of the Company which is not a Restricted Affiliate.

Unrestricted Affiliate means a Person (other than a Subsidiary or Unrestricted Subsidiary of the Company) controlled (as defined in the definition of "Affiliate") by the Company, in which no Affiliate of the Company (other than (x) the Company, (y) a Wholly Owned Subsidiary of the Company and (z) another Unrestricted Affiliate) has an Investment.

Unrestricted Affiliate means a Person (other than a Subsidiary of the Company) controlled (as defined in the definition of an "Affiliate") by the Company, in which no Affiliate of the Company (other than (x) a Wholly Owned Recourse Subsidiary of the Company, (y) a Permitted Affiliate and (z) another Unrestricted Affiliate) has an Investment.

Unrestricted Affiliate means any Minority Owned Affiliate of the Company other than a Restricted Affiliate. The Board of Directors may designate any Restricted Affiliate to be an Unrestricted Affiliate unless such Minority Owned Affiliate owns any Capital Stock of, or owns or holds any Lien on any property of, the Company or any Restricted Group Member; provided that (A) any Guarantee by the Company or any Restricted Group Member of any Indebtedness of the Minority Owned Affiliate being so designated shall be deemed an "Incurrence" of such Indebtedness and an "Investment" by the Company or such Restricted Group Member (or both, if applicable) at the time of such designation; (B) either (I) the Minority Owned Affiliate to be so designated has total assets of $1,000 or less or (II) if such Minority Owned Affiliate has assets greater than $1,000, such designation would be permitted under Section 4.04 and (C) if applicable, the Incurrence of Indebtedness and the Investment referred to in clause (A) of this proviso would be permitted under Section 4.03 and Section 4.04. Any such designation by the Board of Directors shall be evidenced to the Trustee by promptly filing with the Trustee a copy of the Board Resolution giving effect to such designation and an Officers' Certificate certifying that such designation complied with the foregoing provisions.

Unrestricted Affiliate means any Minority Owned Affiliate of NII other than a Restricted Affiliate. Unrestricted Affiliates, as of the Effective Date, are identified on Exhibit E hereto.

Unrestricted Affiliate means a Person (other than a Subsidiary of the Company) controlled (as defined in the definition of an "Affiliate") by the Company, in which no Affiliate of the Company (other than (v) Revlon, Inc., (w) a wholly-owned Subsidiary of the Company, or Revlon, Inc., (x) a Wholly Owned Recourse Subsidiary of RCPC, (y) a Permitted Affiliate and (z) another Unrestricted Affiliate) has an Investment.

Unrestricted Affiliate any Affiliate of the Borrower that is not a Obligor.