Prohibited Transaction shall mean any transaction set forth in Section 406 of ERISA or Section 4975 of the Code.
Related Parties means, with respect to any Person, such Persons Affiliates and the partners, directors, officers, employees, agents and advisors of such Person and of such Persons Affiliates.
Release shall mean any release, spill, emission, leaking, pumping, injection, deposit, disposal, discharge, dispersal, leaching or migration into the outdoor or indoor environment.
Reportable Event shall mean any of the events set forth in Section 4043 of ERISA.
Revolving Credit Termination Date shall mean January 22, 2020, or such earlier date on which the Revolving Loan Commitment is terminated in full hereunder.
Revolving Loan is defined in Section 2.1 hereof.
Revolving Loan Commitment is defined in Section 2.1 hereof.
Sanctions shall mean any economic or financial sanctions or trade embargoes administered or enforced by the United States Department of Treasury s Office of Foreign Assets Control, the United States Departments of State or Commerce or any other United States governmental authority, the United Nations Security Council, the European Union, Her Majestys Treasury, the Government of Japan or any other relevant sanctions authority.
Solvent shall mean, with respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is not less than the total amount of its liabilities of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its existing debts as they become absolute and matured, (e) such Person is able to realize upon its assets and pay its debts and other liabilities, contingent obligations and other commitments as they mature in the normal course of business, (d) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Persons ability to pay as such debts and liabilities mature, and (e) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person s property would constitute unreasonably small capital.
Subsidiary shall mean, as to any Person, any corporation or other entity of which an aggregate of 50% or more of the outstanding capital stock or other ownership interests having (in the absence of contingencies) ordinary voting power to elect at least a majority of the board of directors (or persons performing similar functions) of such corporation or other entity is, at the time of determination, owned directly, or indirectly through one or more intermediaries, by such Person.
Taxes is defined in Section 7.2(a) hereof.
Year To Date Period shall mean, at any time, periods, (a) commencing on the next succeeding day of the last Friday in March, 2018 and end on the last Friday in March, 2019 and (b) commencing on the next succeeding day of the last Friday in March, 2019 and ending on (i) the last Friday in June, 2019, (ii) the last Friday in September, 2019 and (iii) the last Friday in December, 2019.
USA Patriot Act is defined in Section 3(s) hereof.
1.2. Interpretation. For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person.