Wholly-Owned Foreign Subsidiary definition

Wholly-Owned Foreign Subsidiary means, as to any Person, any Wholly-Owned Subsidiary of such Person which is a Foreign Subsidiary.
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Wholly-Owned Foreign Subsidiary means each Foreign Subsidiary of the Borrower that is also a Wholly-Owned Subsidiary of the Borrower.
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Wholly-Owned Foreign Subsidiary means any Wholly-Owned Subsidiary that is organized under the laws of a jurisdiction other than the United States, a State thereof or the District of Columbia.
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Examples of Wholly-Owned Foreign Subsidiary in a sentence

  • Upon any such designation of a Wholly-Owned Foreign Subsidiary and the consent of each of the Lenders with a Revolving Commitment, which will not be unreasonably withheld, such Subsidiary shall be a Subsidiary Borrower hereunder (with the related rights and obligations) and shall be entitled to request Revolving Loans.

  • The undersigned, being a Wholly-Owned Foreign Subsidiary of Silgan, desires to become a [Foreign Revolving Borrower] [Foreign Incremental Term Loan Borrower] for purposes of (and pursuant to Section 5.03(b) of) the Credit Agreement, effective from the date hereof and upon receiving the consent of the Administrative Agent.

  • Upon any such designation of a Wholly-Owned Foreign Subsidiary, the consent of the Administrative Agent and the delivery of the items required by this Section 5.13(d), such Subsidiary shall be a Subsidiary Guarantor hereunder and under the other Credit Documents (with the related rights and obligations).

  • The Borrower hereby designates [_____________] (the “Designated Subsidiary”), a Wholly-Owned Foreign Subsidiary of the Borrower and a [corporation duly incorporated] under the laws of [_______]], as a “Subsidiary Borrower” in accordance with Section 2.20 of the Credit Agreement until such designation is terminated in accordance with Section 2.20 of the Credit Agreement and sets forth on Schedule 1 hereto the contact information about such Designated Subsidiary specified on such schedule.

  • Upon any such designation of a Wholly-Owned Foreign Subsidiary and the consent of each of the Lenders with a Revolving Commitment, which will not be unreasonably withheld, conditioned or delayed, such Subsidiary shall be a Subsidiary Borrower hereunder (with the related rights and obligations) and shall be entitled to request Revolving Loans.


More Definitions of Wholly-Owned Foreign Subsidiary

Wholly-Owned Foreign Subsidiary means any Wholly Owned Subsidiary that is a Foreign Subsidiary.
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Wholly-Owned Foreign Subsidiary any Foreign Subsidiary that is a ------------------------------- Wholly Owned Subsidiary.
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Wholly-Owned Foreign Subsidiary means any Foreign Subsidiary all the Equity Interests in which, other than directors’ qualifying shares and/or other nominal amounts of Equity Interests that are required to be held by Persons under applicable law, are owned, directly or indirectly, by the US Borrower.
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Wholly-Owned Foreign Subsidiary mean a Canadian Subsidiary, a Domestic Subsidiary and a Foreign Subsidiary, as applicable, that constitutes a Wholly-Owned Subsidiary. Unless otherwise specifically indicated, the term Wholly-Owned Subsidiary (and correlative terms of Wholly-Owned Canadian Subsidiary, Wholly-Owned Domestic Subsidiary or Wholly-Owned Foreign Subsidiary) shall refer to the Wholly-Owned Subsidiaries (or Wholly-Owned Canadian Subsidiaries, Wholly-Owned Domestic Subsidiaries or Wholly-Owned Foreign Subsidiaries, as the case may be) of Holdings.
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Wholly-Owned Foreign Subsidiary means any Foreign Subsidiary of Borrower which is directly or indirectly 100% owned by Borrower. (x) (a) "Year 2000 Compliant" means, in regard to any Person, that all software, hardware, firmware, equipment, goods or systems utilized by or material to the business operations or financial condition of such Person, will properly perform date sensitive functions before, during and after the year 2000.
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Wholly-Owned Foreign Subsidiary means, as to any Person, any Wholly-Owned Subsidiary of such Person which is not a Domestic
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Wholly-Owned Foreign Subsidiary of any person shall mean a Foreign Subsidiary of such person that is a Wholly owned Subsidiary. “Wholly owned Subsidiary” of any person shall mean a subsidiary of such person, all of the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned by such person or another Wholly owned Subsidiary of such person. “Write-Down and Conversion Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.
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