Cyprus Subsidiary definition

Cyprus Subsidiary means GFM Holdings (Cyprus) Limited.
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Cyprus Subsidiary has the meaning assigned to such term in Schedule 6;
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Cyprus Subsidiary. AVG Technologies CY Limited, a company incorporated with limited liability under the laws of the Republic of Cyprus with registration number 151376 and a Subsidiary of AVG Technologies.
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Examples of Cyprus Subsidiary in a sentence

  • The annual administrative costs of approximately US$20,000 to the Cyprus Subsidiary shall be borne by the Company for the account of the Emerging Eastern Europe Fund and the Russia Equity Fund in proportion to their respective Net Asset Values.

  • Pursuant to the Cyprus License agreement, the Cyprus Subsidiary is obligated to pay the Cyprus government an annual license fee for the integrated casino resort (and prior to opening of the integrated casino resort, the temporary casino) and any operating satellite casinos (the “Cyprus License Fee”).

  • It is also necessary for the Cyprus Subsidiary to submit a tax residency certificate to the Russian dividend paying company.There can also be no guarantee that this treaty will benefit the Sub-Funds throughout their existence.The Sub-Funds’ portfolios of securities, when held in Russia, are held with AO Citibank, acting as the sub- custodian in Russia for the Depositary.

  • Pursuant to Bankruptcy Court approval, on August 21, 1996, Metallurg, through an indirectly, wholly-owned Cyprus Subsidiary, purchased 5% of the outstanding stock of Solikamsk Magnesium Works ("SMW") for $1,000,000.

  • The Company’s Cyprus Subsidiary is charged tax on income at the rate of 10%.

  • Cook has resigned and been replaced by Clive Anderson as director of the Cyprus Subsidiary with effect from 17 October 2014.

  • The Class D Limited Partners may receive a carryover capital account based upon their capital account or investment amount in their respective share of the Cyprus Subsidiary, in an amount to be determined by the General Partner.

  • The Cyprus Subsidiary has appointed ING Bank (Eurasia) ZAO to provide custodial services to the Cyprus Subsidiary in respect of its Russian investments.

  • Pursuant to the Cyprus License agreement, the Cyprus Subsidiary is obligated to pay the Cyprus government an annual license fee for the integrated casino resort (and prior to opening of City of Dreams Mediterranean, the temporary casino) and any operating satellite casinos (the “Cyprus License Fee”).

  • It is also necessary for the Cyprus Subsidiary to submit a tax residency certificate to the Russian dividend paying company.


More Definitions of Cyprus Subsidiary

Cyprus Subsidiary means GFM Holdings (Cyprus) Limited. "Dealing Day" means, in relation to the Shares of any Sub-Fund, any day which is a Business Day (and a business day in the local jurisdiction in which the Sub-Fund is available for investment through distributor(s) other than the Distributor), other than one falling within a period of suspension (not including the first such day) and, unless the Directors determine otherwise, the day immediately following the last day within such a period and/or such other day or days in addition thereto or in substitution therefor as the Directors may from time to time determine. "Distributor" means Manulife Asset Management International Holdings Limited and its successors in title or such other entity as may be appointed as the distributor of the Company and its Sub-Funds from time to time. "EU" means the European Union. "Fannie Mae" means the Federal National Mortgage Association, a U.S. government- sponsored enterprise. "FCA" means the Financial Conduct Authority in the United Kingdom and its successors in title. "FDIs" means financial derivative instruments. "Freddie Mac" means the Federal Home Loan Mortgage Corporation, a U.S. government-sponsored enterprise. “FSC” means the Financial Supervisory Commission of Taiwan. "GEM" means the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited. "General Adviser" means Manulife Asset Management International Holdings Limited and its successors in title or such other entity as may be appointed as the general adviser of the Company and its Sub-Funds from time to time. "Ginnie Mae" means the Government National Mortgage Association, a U.S. government agency. “Hedged” means that, where the name of a Class carries the word "Hedged", such Class may hedge the value of the net assets in its base currency into its denomination currency. “HKEx” means Hong Kong Exchanges and Clearing Limited. “HKSCC” means Hong Kong Securities Clearing Company. "Hong Kong" or "Hong Kong SAR" means the Hong Kong Special Administrative Region of the People’s Republic of China. "Hong Kong Dollars", “HKD” and "HK$" means the lawful currency of Hong Kong. “Inc” means income and “Inc” in the name of a Class denotes an income-
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Related to Cyprus Subsidiary

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • Significant Domestic Subsidiary means any Domestic Subsidiary that is a Significant Subsidiary.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • U.S. Subsidiaries means all such Subsidiaries.

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Material Non Listed Indian Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth (i.e. paid up capital and free reserves) exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Consolidated Subsidiary means at any date any Subsidiary or other entity the accounts of which would be consolidated with those of the Borrower in its consolidated financial statements if such statements were prepared as of such date.

  • Immaterial Domestic Subsidiary means any Domestic Subsidiary that is not a Material Domestic Subsidiary.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Operating Subsidiary means a majority-owned subsidiary of a financial