Material Entity definition

Material Entity means a subsidiary or foreign office of the covered company that is significant to the activities of a critical operation or core business line.
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Material Entity means any one of them;
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Material Entity means (a) each of the Borrowers; (b) Holdings; and (c) any subsidiary of Holdings that is not an Immaterial Entity.
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Examples of Material Entity in a sentence

  • No act or proceeding has been taken by or against any Material Entity in connection with its liquidation, winding-up or bankruptcy.

  • Each Material Entity is a legal entity duly organized, validly existing and in good standing (or the equivalent thereof) under the Laws of its respective jurisdiction of incorporation or organization and has all requisite power and authority to own, lease and operate its properties and to carry on its business as currently conducted.

  • Each Material Entity is duly qualified or licensed and is authorized to do business and is in good standing (or the equivalent thereof) under the Laws of each other jurisdiction in which it owns, leases or operates properties or conducts any business, in each case except to the extent that the failure to be so qualified or licensed or be in good standing would not have or reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

  • Each Material Entity is duly qualified or licensed to do business and is in good standing (or the equivalent thereof) under the Laws of each other jurisdiction in which it owns, leases or operates properties or conducts any business, in each case except to the extent that the failure to be so qualified or licensed or be in good standing would not have or reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

  • There exist no options, warrants, purchase rights, or other contracts or commitments that could require the Corporation to sell, transfer or otherwise dispose of any shares of any Material Entity except as contemplated in the Amended and Restated Sprott Facility and the Liberty Facility.


More Definitions of Material Entity

Material Entity means the Company and any Subsidiary of the Company that is a “significant subsidiary” as defined in Rule 1-02(w) of Regulation S-X.
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Material Entity means The Bon- --------------- Ton Stores, Inc., The Bon-Ton National Corp., The Bon-Ton Trade Corp., The Bon- Ton Stores of Lancaster, Inc., ▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ Co., Inc. and any other Person controlling, controlled by or under common control with The Bon-Ton Stores, Inc. and representing not less than 5% of the net worth of the consolidated group of which The Bon-Ton Stores, Inc. comprises a part.
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Material Entity means any Person in which any Borrower or any of their Subsidiaries owns any equity interest which generates 1.5% or more of Total Corporate EBITDA.
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Material Entity means any Person in which the REIT, Borrower or any of their Subsidiaries owns any equity interest which generates 1.5% or more of Total Corporate EBITDA.
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Material Entity. ’ means a company that is significant to the activities of a critical service or core business line. For example, the legal entity utilized by the CIDI as the contracting entity for a core business line would be a material entity. Also, a subsidiary of the CIDI that
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Material Entity means a subsidiary or foreign office of the Firm that is significant to the Firm’s core businesses and critical activities. The Firm has identified seventeen Material Entities for purposes of the 165(d) Resolution Plan. Since the filing of the 2012 Resolution Plan, two material entities were eliminated via merger, and one material entity was added. The Firm’s Material Entities were determined to ensure that a substantial majority of the Firm’s activities would be captured in the 165(d) Resolution Plan. The Firm’s Material Entities are listed in Exhibit 2 below.
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Material Entity means a subsidiary or foreign office of the Covered Company that is significant to the activities of a critical operation or core business line. “Critical Operations” are those operations, including associated services, functions and support the failure or discontinuance of which, in the view of the Covered Company or as jointly directed by the Board and the FDIC, would pose a threat to the financial stability of the United States.
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