Investments in Argas Ltd. and any other Affiliate organized in a foreign jurisdiction that is required by the applicable laws and regulations of such foreign jurisdiction or its governmental agencies, authorities or state-owned businesses to be majority owned by the government of such foreign jurisdiction or individual or corporate citizens of such foreign jurisdiction or another foreign jurisdiction in order for such Affiliate to transact business in such foreign jurisdiction, provided that such Investments, when taken together with all other Investments made pursuant to this clause (f) that are at the time outstanding, do not exceed 20% of Consolidated Tangible Net Worth,
Appears in 6 contracts
Samples: Additional Intercreditor Agreement, Indenture (CGG), Supplemental Indenture (CGG Marine B.V.)
