Domestic Foreign Holdco definition

Domestic Foreign Holdco means any Subsidiary substantially all of whose assets (directly and/or indirectly through one or more Subsidiaries) are capital stock (and, if applicable, debt) of one or more Subsidiaries that are CFCs.
Domestic Foreign Holdco shall have the meaning set forth in the definition ofExcluded Subsidiary”.
Domestic Foreign Holdco means, with respect to any Person, any Subsidiary of such Person substantially all of whose assets (directly and/or indirectly through one or more Subsidiaries) are Capital Stock (and, if applicable, debt) of one or more Subsidiaries that are CFCs. “Domestic Subsidiary” means, with respect to any Person, any Subsidiary of such Person that is organized under the law of the United States, any state thereof or the District of Columbia. “EMU Legislation” means the legislative measures of the European Council for the introduction of, changeover to or operation of a single or unified European currency. “Equal Lien Priority” means, with respect to specified Indebtedness, such Indebtedness is secured by a Lien that is equal in priority to the Liens on specified Collateral (but without regard to control of remedies) and is subject to the Equal Priority Intercreditor Agreement (or such other intercreditor agreement having substantially similar terms as the Equal Priority Intercreditor Agreement, taken as a whole).

Examples of Domestic Foreign Holdco in a sentence

  • Notwithstanding anything to the contrary in the Loan Documents, none of the CFC Guarantors, any Domestic Foreign Holdco, any CFC or any Subsidiary that is directly or indirectly owned by a CFC (including for the avoidance of doubt, any Co-Borrowers that are CFCs) shall be held liable for or guarantee any Secured Obligations of Holdings, Finance or any other Domestic Subsidiary.

  • Notwithstanding anything in this paragraph (c) to the contrary, no Grantor that is a Domestic Foreign Holdco, CFC, or any Subsidiary owned directly or indirectly by a CFC shall be held liable for any Secured Obligations of Holdings, Finance or any other Domestic Subsidiary.

  • Notwithstanding anything in this paragraph (c) to the contrary, no Grantor that is a Domestic Foreign Holdco, CFC, or any Subsidiary owned directly or indirectly by a CFC shall be held liable for any Secured Notes Obligations of Holdings, Issuer or any other Domestic Subsidiary.

  • Notwithstanding anything in this paragraph (c) to the contrary, no Grantor that is a Domestic Foreign Holdco, CFC, or any Subsidiary owned directly or indirectly by a CFC shall be held liable for any Secured Notes Obligations of Holdings, Finance or any other Domestic Subsidiary.


More Definitions of Domestic Foreign Holdco

Domestic Foreign Holdco means a Subsidiary that is organized under the laws of one of the States of the United States that has no material assets other than Stock and/or Indebtedness in one or more Foreign Subsidiaries.
Domestic Foreign Holdco means any Subsidiary, (including any Subsidiary that is treated as an entity disregarded as separate from its owner forU.S. federal tax purposes) that (i) is not a Foreign Subsidiary, and (ii) all or substantially all of the assets of which (for U.S. federal income tax purposes) are Capital Stock in one or more Excluded Foreign Subsidiaries.

Related to Domestic Foreign Holdco

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • First Tier Foreign Subsidiary means any Foreign Subsidiary that is a “controlled foreign corporation” within the meaning of Section 957 of the Code and the Equity Interests of which are owned directly by any Credit Party.

  • Wholly-Owned Foreign Subsidiary means, as to any Person, any Wholly-Owned Subsidiary of such Person which is a Foreign Subsidiary.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.

  • 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.

  • Eligible Foreign Subsidiary means any Foreign Subsidiary that is approved from time to time by the Administrative Agent.

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

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

  • Immaterial Foreign Subsidiary means any Foreign Subsidiary of the Borrower that is not a Material Foreign Subsidiary.

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

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

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

  • Excluded Foreign Subsidiary any Foreign Subsidiary in respect of which either (a) the pledge of all of the Capital Stock of such Subsidiary as Collateral or (b) the guaranteeing by such Subsidiary of the Obligations, would, in the good faith judgment of the Borrower, result in adverse tax consequences to the Borrower.

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

  • Foreign Subsidiaries means each Subsidiary of a Borrower that is not a Domestic Subsidiary.

  • Excluded Domestic Subsidiary means any Domestic Subsidiary that is (a) a direct or indirect Subsidiary of an Excluded Foreign Subsidiary or (b) an Excluded Domestic Holdco.

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