Designated Foreign Subsidiary definition

Designated Foreign Subsidiary means each Wholly Owned Subsidiary which is a Foreign Subsidiary and is organized or incorporated in a Borrowing Base Jurisdiction.
Designated Foreign Subsidiary means an Affiliate organized under the laws of any jurisdiction or country other than the United States of America that may be designated by the Board or the Committee from time to time.
Designated Foreign Subsidiary means any one of Black Construction Corporation, a Guam corporation, Black Micro Corporation, a Northern Marianas corporation, Frontier ▇▇▇▇▇▇ Constructores Limitada, a Chilean corporation, Frontier-▇▇▇▇▇▇ Constructors ULC, a Nova Scotian unlimited liability company, and Perini Holding Company Cayman Islands, a Cayman Islands company, and Perini International Corporation, a Cayman Islands corporation, and “Designated Foreign Subsidiaries” means all of such Subsidiaries.

Examples of Designated Foreign Subsidiary in a sentence

  • Revolving Credit Loans made to the U.S. Borrower may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, and all Revolving Credit Loans made to any Designated Foreign Subsidiary Borrower shall be Eurodollar Rate Loans (or, if denominated in Dollars, may also be made as Base Rate Loans) as further provided herein.

  • No Designated Foreign Subsidiary Borrower shall be permitted to convert any Eurodollar Rate Loans denominated in Alternative Currency to Base Rate Loans.

  • The Administrative Agent will promptly notify the Lenders of any such termination of a Designated Foreign Subsidiary Borrower’s status.

  • The U.S. Borrower waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Designated Foreign Subsidiary Borrowers or the U.S. Borrower with respect to the Designated Foreign Subsidiary Borrower Obligations.

  • This Guaranty shall remain in full force and effect until the Designated Foreign Subsidiary Borrower Obligations are paid in full and the Commitments are terminated, notwithstanding that from time to time prior thereto the Designated Foreign Subsidiary Borrowers may be free from any Designated Foreign Subsidiary Borrower Obligations.


More Definitions of Designated Foreign Subsidiary

Designated Foreign Subsidiary means any Foreign Subsidiary, individually, and in the aggregate with other Foreign Subsidiaries, which owns personal property and assets, in each case determined as of the most recent fiscal year end, in an amount less than ten percent (10.0%) of all of the personal property and assets of Verastem.
Designated Foreign Subsidiary. Any Designated Subsidiary that is a Foreign Subsidiary.
Designated Foreign Subsidiary means (a) each Foreign Subsidiary Borrower and (b) each Material Foreign Subsidiary.
Designated Foreign Subsidiary means any Foreign Subsidiary, individually, and in the aggregate with other Foreign Subsidiaries, which owns personal property and assets, in each case determined as of the most recent fiscal year end, in an amount less than ten percent (10.0%) of all of the personal property and assets of the Company.
Designated Foreign Subsidiary the Additional Borrower and each Subsidiary organized under the laws of Germany.
Designated Foreign Subsidiary means any wholly owned Subsidiary of a Borrower that is designated by the Borrower in writing as a Subsidiary Guarantor; provided that, substantially concurrently with such designation by the Borrower, (a) the Collateral and Guarantee Requirement shall be satisfied with respect to such Subsidiary and (b) the Swingline Lender, each Issuing Bank, each Lender and each Agent shall have received all documentation and other information reasonably requested by such Person for purposes of complying with all necessary “know your customer” information or other similar checks under all applicable laws and regulations.
Designated Foreign Subsidiary the Additional Borrower and each Subsidiary organized under the laws of Germany or Canada, provided that ▇▇▇▇▇▇ ▇▇▇▇▇▇ Automotive Systems GmbH shall not be a Designated Foreign Subsidiary until such time as it shall be required to meet the Collateral and Guarantee Requirement pursuant to subsection 8.11(b).