Document ID: 12592

Text:
Material Domestic Subsidiaries means each Domestic Subsidiary (i) which, as of the most recent fiscal quarter of the Borrower, for the period of four consecutive fiscal quarters then ended, for which financial statements have been delivered pursuant to Section 5.01(a) or (b) (or, if prior to the date of the delivery of the first financial statements to be delivered pursuant to Section 5.01(a) or (b), the most recent financial statements referred to in Section 3.04(a)), contributed greater than two-and-one-half percent ( 2.5% ) of Consolidated EBITDA for such period or (ii) which contributed greater than two-and-one-half percent ( 2.5% ) of Consolidated Total Assets as of such date; provided that, if at any time the aggregate amount of Consolidated EBITDA or Consolidated Total Assets attributable to all Domestic Subsidiaries that are not Material Domestic Subsidiaries exceeds five percent (5%) of Consolidated EBITDA for any such period or five percent (5%) of Consolidated Total Assets as of the end of any such fiscal quarter, the Borrower (or, in the event the Borrower has failed to do so within ten (10) days, the Administrative Agent) shall designate sufficient Domestic Subsidiaries as Material Domestic Subsidiaries to eliminate such excess, and such designated Subsidiaries shall for all purposes of this Agreement constitute Material Domestic Subsidiaries.

Named Entities:
43
46
Regulation
107
108
Percentage
110
113
Percentage
175
179
Percentage

Tokenized Text:
Material
Domestic
Subsidiaries
means
each
Domestic
Subsidiary
(
i
)
which
,
as
of
the
most
recent
fiscal
quarter
of
the
Borrower
,
for
the
period
of
four
consecutive
fiscal
quarters
then
ended
,
for
which
financial
statements
have
been
delivered
pursuant
to
Section
5
.
01
(
a
)
or
(
b
)
(
or
,
if
prior
to
the
date
of
the
delivery
of
the
first
financial
statements
to
be
delivered
pursuant
to
Section
5
.
01
(
a
)
or
(
b
)
,
the
most
recent
financial
statements
referred
to
in
Section
3
.
04
(
a
)
)
,
contributed
greater
than
two-and-one-half
percent
(
2
.
5
%
)
of
Consolidated
EBITDA
for
such
period
or
(
ii
)
which
contributed
greater
than
two-and-one-half
percent
(
2
.
5
%
)
of
Consolidated
Total
Assets
as
of
such
date
;
provided
that
,
if
at
any
time
the
aggregate
amount
of
Consolidated
EBITDA
or
Consolidated
Total
Assets
attributable
to
all
Domestic
Subsidiaries
that
are
not
Material
Domestic
Subsidiaries
exceeds
five
percent
(
5
%
)
of
Consolidated
EBITDA
for
any
such
period
or
five
percent
(
5
%
)
of
Consolidated
Total
Assets
as
of
the
end
of
any
such
fiscal
quarter
,
the
Borrower
(
or
,
in
the
event
the
Borrower
has
failed
to
do
so
within
ten
(
10
)
days
,
the
Administrative
Agent
)
shall
designate
sufficient
Domestic
Subsidiaries
as
Material
Domestic
Subsidiaries
to
eliminate
such
excess
,
and
such
designated
Subsidiaries
shall
for
all
purposes
of
this
Agreement
constitute
Material
Domestic
Subsidiaries
.