Subsidiary. The definition of Subsidiary in the Agreement is hereby amended by changing the reference of “the Corporation” in such definition to “Holding.”

“Material Subsidiary” means any Subsidiary other than an Immaterial Subsidiary.

the merger, consolidation or amalgamation of # any Subsidiary of the Borrower with or into the Borrower, provided the Borrower is the surviving or continuing or resulting corporation; # any Immaterial Subsidiary into any other Immaterial Subsidiary, provided that if any such Immaterial Subsidiary is a Subsidiary Guarantor, such Subsidiary Guarantor shall be the surviving or continuing or resulting Person; # any Subsidiary of the Borrower with or into any other Subsidiary (other than an Immaterial Subsidiary), provided that the surviving or continuing or resulting Person is not a Foreign Subsidiary and is or becomes a Subsidiary Guarantor; or # any Foreign Subsidiary of the Borrower with or into any other Foreign Subsidiary of the Borrower;

“Material Subsidiary”: any Domestic Subsidiary that is not an Immaterial Subsidiary.

each Immaterial Subsidiary,

any Immaterial Subsidiary may be liquidated or dissolved; and

New Subsidiaries. In the event that the Borrower or any of its Subsidiaries shall form or acquire any new Subsidiary (other than an Immaterial Subsidiary or a Financing Subsidiary for so long as such entity remains an Immaterial Subsidiary or a Financing Subsidiary), such Subsidiary shall become a Subsidiary Guarantor and the Borrower will cause the entire Collateral and Guarantee Requirement to be satisfied by and with respect to such Subsidiary.

“Excluded Subsidiary” means # any Immaterial Subsidiary, # any CFC and # any direct or indirect Domestic Subsidiary of a Foreign Subsidiary that is a CFC.

“Immaterial Subsidiary” has the meaning set forth in ‎[Section 8.03].

Subsidiary Guarantors. The ​ will not permit any other Domestic Subsidiary to become a borrower under, or to directly or indirectly guarantee any obligations of any Obligor under, any Loan Agreement unless the ​ cause such Domestic Subsidiary to concurrently execute and deliver a Joinder to Subsidiary Guaranty to each holder of Notes and: