Immaterial Subsidiary

Immaterial Subsidiary. Means any Subsidiary of the Borrower that at any time has less than the greater of (x) $250.0 $100.0 million in Consolidated Total Assets or (y) Consolidated Total Assets accounting for 0.33% of the Borrower's Consolidated Total Assets; provided, that, the aggregate Consolidated Total Assets of all Immaterial Subsidiaries shall not at any time exceed the greater of (x) $750.0 $300.0 million and (y) 1.00% of the Borrower's Consolidated Total Assets.

Immaterial Subsidiary. Means any Subsidiary whose assets or revenues constitute less than 5% of the total assets or total revenues of the Company and its Subsidiaries.

Immaterial Subsidiary. Means, as of any date, (a) any Subsidiary whose total assets, as of such date, are less than $100,000 and whose total revenues for the most recent twelve month period do not exceed $100,000; provided, that, a Subsidiary will not be considered to be an Immaterial Subsidiary if it, directly or indirectly, guarantees or otherwise provides direct credit support for any Indebtedness of any Credit Party; provided, further, that each of Viasystems Milwaukee Inc., a Wisconsin corporation, and Wirekraft... Industries, LLC, a Delaware limited liability company, will be considered to be an Immaterial Subsidiary until such time that it (i) has total assets equal to or greater than $100,000, (ii) has total revenues for the most recent twelve month period equal to or greater than $100,000 or (iii) directly or indirectly guarantees or otherwise provides direct credit support for any indebtedness of any Credit Party; and (b) Viasystems, B.V., an entity organized under the laws of the Netherlands. View More

Immaterial Subsidiary. Any Subsidiary that is not a Material Subsidiary.

Immaterial Subsidiary. The definition of the term "Immaterial Subsidiary" in the Credit Agreement is amended to delete the reference to "Section 5.04(a) or (b)" appearing in each of clauses (a) and (b) thereof, and replace each of them with: "Section 5.04(a)(i) or (b)(i)".

Immaterial Subsidiary. Shall mean a Subsidiary that contributes to less than 2.0% of the total consolidated revenue of the Company