Xxxx Subsidiary definition

Xxxx Subsidiary is a general partner, manager, managing member, trustee, director or the equivalent, or (c) Xxxx and/or the Xxxx Operating Partnership, directly or indirectly, holds a majority of the beneficial, equity, capital, profits or other economic interest.
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Xxxx Subsidiary means the Xxxx Operating Partnership and any corporation, other partnership, limited liability company, joint venture, business trust, real estate investment trust or other organization, whether incorporated or unincorporated, or other legal entity of which (a) Xxxx and/or the Xxxx Operating Partnership directly or indirectly owns or controls at least a majority of the capital stock or other equity interests having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions, (b) Xxxx and/or any Person that is a Xxxx Subsidiary by reason of the application of clause (a) or clause (c) of this definition of “Xxxx Subsidiary” is a general partner, manager, managing member, trustee, director or the equivalent, or (c) Xxxx and/or the Xxxx Operating Partnership, directly or indirectly, holds a majority of the beneficial, equity, capital, profits or other economic interest.
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Xxxx Subsidiary means the Xxxx Operating Partnership and any corporation, other partnership, limited liability company, joint venture, business trust, real estate investment trust or other organization,
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Examples of Xxxx Subsidiary in a sentence

  • St. Xxxx represents that such agreements are the only agreements that it or any St. Xxxx Subsidiary has with Platinum US.

  • Except for the contracts listed on SCHEDULE 5.07, USF&G Family is not party to any contract with any Person other than St. Xxxx or a St. Xxxx Subsidiary.

  • With respect to the provision of each Service, Platinum shall pay to St. Xxxx or the St. Xxxx Subsidiary designated by St. Xxxx the "actual cost" to St. Xxxx or its Subsidiary (which shall consist of St. Paul's or such Subsidiary's direct and reasonable indirect costs), as the case may be, as certified in good faith by St. Xxxx.

  • Except for the contracts listed on SCHEDULE 5.07, Platinum US is not party to any contract with any Person other than St. Xxxx or a St. Xxxx Subsidiary.

  • Except for Xxxx Subsidiary I Limited Partnership, Xxxx Subsidiary II Limited Partnership, Guarantor, Xxxx QRS, Inc., Avenel VI, Inc., Xxxxxx Xxxxxx Xxxxx, LLC, Kentlands Xxx 0, XXX, Xxxxxxxxx Xxxxxxx Center LLC, Westview Village Center LLC and Xxxx Monocacy, LLC, there are no entities which are required under GAAP to be consolidated with Borrower for financial reporting purposes, except as otherwise disclosed to Agent in writing from time to time.

  • Section 4.25 of the Xxxx Disclosure Letter sets forth each agreement between Xxxx or any Xxxx Subsidiary, on the one hand, and any Affiliates (other than Xxxx Subsidiaries) of Xxxx or other Persons, on the other hand.

  • Neither Xxxx nor any Xxxx Subsidiary is required to be registered as an investment company under the Investment Company Act of 1940, as amended.

  • Section 4.17(a) of the Xxxx Disclosure Letter identifies all real property which, as of the date of this Agreement, is under contract by Xxxx or a Xxxx Subsidiary for purchase or which is required under a binding contract to be leased or subleased (as lessee or sublessee) by Xxxx or a Xxxx Subsidiary after the date of this Agreement.

  • Neither Xxxx nor any Xxxx Subsidiary is a party to or, to the Knowledge of Xxxx, bound by any agreements or understandings concerning the voting (including voting trusts and proxies) of any capital stock of Xxxx or any of the Xxxx Subsidiaries.

  • As used herein, “Xxxx Subsidiary Partnership” means a Xxxx Subsidiary that is a partnership for United States federal income tax purposes.


More Definitions of Xxxx Subsidiary

Xxxx Subsidiary means a Subsidiary of the Company which has any assets or business of the Group transferred to it as a result of a Restructuring.
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Xxxx Subsidiary means each Subsidiary of Xxxx.
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Xxxx Subsidiary has the meaning set forth in the definition of Subsidiary.
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Xxxx Subsidiary means Xxxx Capital USA Corp.;
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Xxxx Subsidiary. I Limited Partnership ("SSI"), Xxxx Subsidiary II Limited Partnership ("SSII"), Xxxx QRS, Inc. ("QRS"), Franklin Property Company ("Franklin"), Westminster Investing Corporation ("Westminster"), Xxx Xxxx Square Corporation ("Xxx Xxxx"), Dearborn, L.L.C., into which Dearborn Corporation was converted under Delaware law ("Dearborn LLC"), Avenel Executive Park Phase II, L.L.C., into which Avenel Executive Park Phase II, Inc. was merged under Maryland law ("Avenel LLC") and the X.X. Xxxx Real Estate Investment Trust (the "Xxxx Trust") (collectively, the "Parties" and each individually a "Party").
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Related to Xxxx Subsidiary

  • 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.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

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

  • Parent Subsidiary means any Subsidiary of Parent.

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

  • License Subsidiary means one or more wholly-owned Restricted Subsidiaries of the Issuer (i) that holds, was formed for the purpose of holding or is designated to hold FCC Licenses for the launch and operation of Satellites or for the operation of any TT&C Earth Station (other than any FCC License held by Intelsat General Corporation or any of its Subsidiaries) and (ii) all of the shares of capital stock and other ownership interests of which are held directly by the Issuer or a Subsidiary Guarantor.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

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

  • Relevant Subsidiary means any fully consolidated subsidiary of HeidelbergCement AG and for purposes only of this § 2 does not include any subsidiary which has one or more classes of equity securities (other than, or in addition to any convertible bonds or similar equity linked securities) which are listed or traded on a regulated stock exchange.

  • 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.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Regulated Subsidiary means a Broker Dealer Regulated Subsidiary, a Bank Regulated Subsidiary or an Insurance Regulated Subsidiary or any other Subsidiary subject to minimum capital requirements or other similar material regulatory requirements imposed by applicable regulatory authorities.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

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

  • Restricted Subsidiary means any Subsidiary of the Borrower other than an Unrestricted Subsidiary.