Controlled Foreign Corporation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, make any change in its capital structure that would result in any Subsidiary that is a wholly-owned Subsidiary, as of the date hereof, becoming a CFC for U.S. federal income tax purposes.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (RLJ Entertainment, Inc.), Credit and Guaranty Agreement (RLJ Entertainment, Inc.), Credit and Guaranty Agreement (RLJ Entertainment, Inc.)
Controlled Foreign Corporation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, make any change in its capital structure that would result in any existing wholly-owned Subsidiary that is not a wholly-owned Subsidiary, CFC as of the date hereof, hereof becoming a CFC for U.S. federal income tax purposesCFC.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (fuboTV Inc. /FL), Credit and Guaranty Agreement (FaceBank Group, Inc.)
Controlled Foreign Corporation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, make any change in its capital structure that would result in any Subsidiary that is a wholly-owned Subsidiary, as of the date hereof, becoming a CFC for U.S. federal income tax purposes.. 74
Appears in 1 contract
Samples: Credit and Guaranty Agreement (RLJ Entertainment, Inc.)
Controlled Foreign Corporation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, make any change in its capital structure that would result in any Subsidiary that is a wholly-owned Subsidiary, as of the date hereofOriginal Closing Date, becoming a CFC for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Credit Agreement (AMC Networks Inc.)
