Material Operating Subsidiaries definition

Material Operating Subsidiaries means (a) each Designated Subsidiary; (b) any Subsidiary of the Company other than (i) Napco and its Subsidiaries, (ii) Peachtree and its Subsidiaries and (iii) Thermal-Gard and its Subsidiaries, which conducts business operations and is material to the operations of the business of the Company and its Subsidiaries taken as a whole; and (c) each Subsidiary of the Company which the Company designates as a Material Operating Subsidiary."
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Material Operating Subsidiaries means Tech Pacific Australia Pty Limited, Tech Pacific (N.Z.) Limited, First Tech Pacific Distributors Sdn Bhd, Tech Pacific (Singapore) Limited, Tech Pacific (Thailand) Co. Limited, Tech Pacific (HK) Limited, Tech Pacific India Limited and Tech Pacific India (Exports) Pte Limited.
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Material Operating Subsidiaries means OBS and OIN.
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Examples of Material Operating Subsidiaries in a sentence

  • None of the Partnership Parties, NEE Operating LP, NEE Operating GP or any of the Material Operating Subsidiaries is in violation of its respective Organizational Agreement.

  • Except for the Merger and except as set forth on Schedule 3.18, neither the Company nor any of the Material Operating Subsidiaries has within the six-year period immediately preceding the date of this Agreement changed its name, been the surviving entity of a merger or consolidation, or acquired all or substantially all of the assets of any Person.

Related to Material Operating Subsidiaries

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

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

  • Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Consolidated Entities means, collectively, (i) the Borrower, (ii) any other Person the accounts of which are consolidated or would be consolidated with those of any Borrower Party in the consolidated financial statements of such Borrower Party in accordance with GAAP, and (iii) all Unconsolidated Joint Ventures of which any Borrower Party or any Person defined in subclause (ii) above is a general partner.