Material Subsidiary

Material Subsidiary. As at any date of determination, any Subsidiary of KMI whose total tangible assets (for purposes of the below, when combined with the tangible assets of such Subsidiary's Subsidiaries, after eliminating intercompany obligations) as at such date of determination are greater than or equal to 5% of Consolidated Tangible Assets as of the last day of the fiscal quarter most recently ended for which financial statements of KMI have been filed with the SEC.

Material Subsidiary. Means (i) each Subsidiary of Maker that, as of the last day of the fiscal quarter of Maker most recently ended for which financial statements are required to be delivered under Section 8(f), had revenues or total assets for such quarter in excess of 10% of the consolidated revenues or total assets, as applicable, of Maker for such quarter, and (ii) any group comprising Subsidiaries of Maker that each would not have been a Material Subsidiary under clause (i) but that, taken together, as of the... last day of the fiscal quarter of Maker most recently ended for which financial statements are required to be delivered under Section 8(f), had revenues or total assets for such quarter in excess of 10% of the consolidated revenues or total assets, as applicable, of Maker for such quarter. View More

Material Subsidiary. Amended by adding the text "(or such longer period as the Administrative Agent may agree to in writing)" immediately after "within 30 days of the Closing Date" therein.