Excluded Foreign Subsidiary Voting Stock definition

Excluded Foreign Subsidiary Voting Stock the voting Capital Stock of any Excluded Foreign Subsidiary.
Excluded Foreign Subsidiary Voting Stock means any voting stock in excess of 65% of the total outstanding amount of any class of voting stock of a Foreign Subsidiary.
Excluded Foreign Subsidiary Voting Stock means the voting Capital Stock of any Excluded Foreign Subsidiary. For the purposes of this definition, “voting Capital Stock” means, with respect to any issuer, the issued and outstanding shares of each class of Capital Stock of such issuer entitled to vote (within the meaning of United States Treasury Regulations § 1.956—2(c)(2)).

Examples of Excluded Foreign Subsidiary Voting Stock in a sentence

  • The shares of Pledged Stock pledged by such Grantor hereunder constitute all of the issued and outstanding shares of all classes of the Capital Stock included in the Collateral of each Issuer owned by such Grantor or, in the case of Excluded Foreign Subsidiary Voting Stock, if less, 65% of the outstanding Excluded Foreign Subsidiary Voting Stock of each relevant Issuer.


More Definitions of Excluded Foreign Subsidiary Voting Stock

Excluded Foreign Subsidiary Voting Stock the voting Capital Stock of any Foreign Subsidiary or any Domestic Subsidiary all (other than an immaterial portion) of whose assets consist of Capital Stock of one or more CFCs.
Excluded Foreign Subsidiary Voting Stock means any “Excluded Foreign Restricted Subsidiary Voting Stock” under the Cash Flow Collateral Documents.
Excluded Foreign Subsidiary Voting Stock means any voting stock in excess of 65% of the total outstanding amount of any class of
Excluded Foreign Subsidiary Voting Stock means any voting stock in excess of 66% of the total outstanding amount of any class of voting stock of a Foreign Subsidiary. “Excluded Swap Obligation” means, with respect to any Grantor, (x) as it relates to all or a portion of the guarantee of such Grantor, any Swap Obligation if, and to the extent that, such Swap Obligation (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Grantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the guarantee of such Grantor becomes effective with respect to such Swap Obligation or (y) as it relates to all or a portion of the grant by such Grantor of a security interest, any Swap Obligation if, and to the extent that, such Swap Obligation (or such security interest in respect thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Grantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the security interest of such Grantor becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such guarantee or security interest is or becomes illegal. “Foreign Subsidiary” shall mean any Subsidiary that is (i) treated as a “controlled foreign corporation” within the meaning of Section 957 of the Internal Revenue Code or (ii) a Subsidiary of any entity described in clause (i). “General Intangibles” shall mean all “general intangibles” as such term is defined in Section 9-102(a)(42) of the UCC and, in any event, shall include, without limitation, with respect to any Grantor, all rights of such Grantor to receive any tax refunds, all Hedge Agreements, contracts, agreements, instruments and indentures and all licenses, permits, concessions, franchises and authorizations issued by governmental authorities in any form, and portions thereof, to which such Grantor is a party or under which...
Excluded Foreign Subsidiary Voting Stock the voting Capital Stock of any entity not organized under the laws of any jurisdiction within the United States of America that is (or is treated for United States federal tax purposes as) either (i) a corporation or (ii) any entity owned directly or indirectly by another entity not organized under the laws of any jurisdiction within the United States of America that is (or is treated as) a corporation.
Excluded Foreign Subsidiary Voting Stock means the voting Equity Interests in any Excluded Foreign Subsidiary. “General Intangibles” shall mean all “general intangibles” as such term is defined in Section 9-102(a)(42) of the New York UCC
Excluded Foreign Subsidiary Voting Stock appearing in Section 1.1 of the Guarantee and Collateral Agreement is hereby amended by inserting the words “that is a Restricted Subsidiary” immediately after the words “Voting Stock of a Foreign Subsidiary” appearing therein;