Examples of CFC in a sentence

In the event the CFC Taxes Notice of Disagreement is timely provided, the procedures described in Section 2.05(c) shall be applied, mutatis mutandis, in resolution of such disagreement.
Following such payment, Seller shall have no further obligations pursuant to this Agreement with respect to Pre-Closing CFC Taxes.
The Pre-Closing CFC Taxes Statement shall be accompanied by reasonable supporting detail (including reasonable supporting calculations).
The date on which the Pre-Closing CFC Taxes are finally determined in accordance with this Section 2.07 is hereinafter referred to as the “Pre-Closing CFC Taxes Determination Date”.
Promptly following the Pre-Closing CFC Taxes Determination Date, and in any event within five (5) Business Days of the Pre-Closing CFC Taxes Determination, Seller shall pay to Purchaser an amount in cash equal to the amount of the Pre-Closing CFC Taxes as finally determined in accordance with this Section 2.07.

More Definitions of CFC

CFC means a Person that is a controlled foreign corporation under Section 957 of the Code in which the Borrower or any Loan Party is a United States shareholder within the meaning of Section 951(b) of the Code.

CFC means a controlled foreign corporation (as that term is defined in the IRC).

CFC means a “controlled foreign corporation” within the meaning of section 957(a) of the Code.

CFC means a controlled foreign corporation (as that term is defined in the IRC) in which any Loan Party is a “United States shareholder” within the meaning of Section 951(b) of the IRC.

CFC means each Person that is a “controlled foreign corporation” within the meaning of Section 957(a) of the Code.

CFC means (a) each Person that is a “controlled foreign person” for purposes of the Internal Revenue Code and (b) each Subsidiary of any such controlled foreign person; provided that, each Discretionary Guarantor that would otherwise be a CFC pursuant to this definition shall be deemed not to be a CFC.