Exempted Foreign Entity definition

Exempted Foreign Entity means any Foreign Corporation and any limited liability company organized under the laws of a jurisdiction other than the United States or any State thereof or the District of Columbia that, in any such case, is treated as a corporation or an association taxable as a corporation for U.S. federal income tax purposes.
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Exempted Foreign Entity shall have the meaning provided in the U.S. Pledge Agreement.
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Exempted Foreign Entity means (i) any corporation incorporated under the laws of a jurisdiction other than the United States or any state thereof or the District of Columbia and (ii) any company organized under the laws of a jurisdiction other than the United States or any State thereof or the District of Columbia that, in any such case, is treated as a corporation or an association taxable as a corporation for U.S. federal income tax purposes.
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Examples of Exempted Foreign Entity in a sentence

  • For the avoidance of doubt, notwithstanding the preceding sentence, each Pledgor shall be required to pledge hereunder 100% of the Non-Voting Equity Interests of each Exempted Foreign Entity at any time and from time to time acquired by such Pledgor.

  • Notwithstanding the foregoing, no Pledgor shall be required to pledge hereunder the equity interests of any Exempted Foreign Entity.

  • For the avoidance of doubt, notwithstanding the preceding sentence, the Assignor shall be required to grant a security interest hereunder in 100% of the Non-Voting Equity Interests of each Exempted Foreign Entity at any time and from time to time acquired by such Assignor.

  • XXXX will invoice Advertisers on a monthly basis, and will specify both a gross invoice amount and a net invoice amount.

  • For the avoidance of doubt, notwithstanding the preceding sentence, each Assignor shall be required to grant a security interest hereunder in 100% of the Non-Voting Equity Interests of each Exempted Foreign Entity at any time and from time to time acquired by such Assignor.

  • Notwithstanding the foregoing, no Pledgor shall be required to pledge hereunder the Equity Interests of any Exempted Foreign Entity.

  • Without limiting the foregoing, subject to the first proviso in Section 3.1, each Pledgor shall be required to pledge hereunder the Equity Interests of any Exempted Foreign Entity at any time and from time to time after the date hereof acquired by such Pledgor.

  • No Pledgor shall be EXHIBIT G Page 9 required at any time to pledge hereunder any Securities which constitute more than 65% of the total combined voting power of all classes of ownership interests of any Exempted Foreign Entity entitled to vote.

  • Notwithstanding the foregoing, the Pledgor shall not be required to pledge hereunder the equity interests of any Exempted Foreign Entity.

  • Without limiting the foregoing, each Pledgor shall be required to pledge hereunder the Equity Interests of any Exempted Foreign Entity at any time and from time to time after the date hereof acquired by such Pledgor.


More Definitions of Exempted Foreign Entity

Exempted Foreign Entity means any Foreign Subsidiary of the Borrower that is treated as a corporation or an association taxable as a corporation for U.S. Federal income tax purposes.
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Exempted Foreign Entity means any Foreign Corporation, limited liability company or partnership organized under the laws of a jurisdiction other than the United States or any State or Territory thereof that, in any such case, is treated as a corporation or an association taxable as a corporation for U.S. Federal income tax purposes.
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Exempted Foreign Entity means any CFC (other than a Canadian Subsidiary).
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Exempted Foreign Entity means (a) any CFC, (b) a direct or indirect Subsidiary of the Borrower substantially all of the assets of which consist of the Equity Interests of one or more CFCs, (c) a Subsidiary of the Borrower that is organized under the laws of a jurisdiction located in the United States of America and is owned, directly or indirectly, by a CFC, (d) a Subsidiary of the Borrower treated as disregarded for United States federal income tax purposes that owns, directly or indirectly, through one or more Subsidiaries that are treated as disregarded for United States federal income tax purposes, more than 65% of the Equity Interests of a CFC or of a Subsidiary described in clause (b) or (c) of this definition, and such Equity Interests constitute substantially all the assets of such Subsidiaries; provided, however, to the extent that any of the foregoing entities is not an “Exempted Foreign Entity” for purposes of the Senior Secured Notes Documents, the Revolving Senior Secured Notes Documents or the Additional Obligations Documents, such entity shall not be an Exempted Foreign Entity hereunder.
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Exempted Foreign Entity means (A) any Foreign Corporation and any limited company organized under the laws of a jurisdiction other than the United States or any State or Territory thereof that, in any such case, is a controlled foreign corporation for purposes of Section 957 of the Code and (B) any foreign partnership which is owned directly by a Pledgor whose pledge of Equity Interests would result in an indirect pledge of Equity Interests of a controlled foreign corporation for purposes of Section 956 of the Code; provided that the Pledgor provides documentation and support of such conclusion in form and substance adequate to the Pledgee, as directed by the Secured Parties, supporting such determination.
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Exempted Foreign Entity shall have the meaning specified in the U.S. Security Agreement.
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Related to Exempted Foreign Entity

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • Foreign entity means an entity other than a domestic entity.

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Qualified nonprofit organization means, with respect to a Project, an organization exempt from federal income tax under Section 501(c) (3) or (4) of the Internal Revenue Code, which is not and during the Compliance Period will not be affiliated with or controlled by a for-profit organization, whose exempt purposes include the fostering of low income housing, which owns an interest in the Project, which will materially participate in the development and operation of the Project throughout the Compliance Period, and which is not affiliated with or controlled by a for-profit organization.

  • In good standing means, in respect of a registrant,

  • designated foreign jurisdiction means Australia, France, Germany, Hong Kong, Italy, Japan, Mexico, the Netherlands, New Zealand, Singapore, South Africa, Spain, Sweden, Switzerland or the United Kingdom of Great Britain and Northern Ireland;

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Qualified organization means any organization to which a valid permit has been issued by the

  • Qualified Jurisdiction at any time of determination, any jurisdiction in which Kimco or any of its Subsidiaries is doing business at such time the government of which jurisdiction is internationally recognized at such time, including by the United States Government.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

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

  • Educational organization means a nonprofit public or private elementary or

  • 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.

  • Excluded Foreign Subsidiaries any Foreign Subsidiary in respect of which either (i) the pledge of all of the Capital Stock of such Subsidiary as Collateral or (ii) 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.

  • Designated Foreign Subsidiaries means all members of the Company Group that are organized under the laws of any jurisdiction or country other than the United States of America that may be designated by the Board or the Committee from time to time.

  • international organization shall have the meanings set forth in Section 7701 of the Code or successor provisions.

  • Restricted Foreign Subsidiary means a Foreign Subsidiary that is a Restricted Subsidiary.

  • Foreign end product means an end product other than a domestic end product.

  • Professional limited liability company means a limited

  • Foreign limited liability partnership means a partnership that:

  • Non-permitted Foreign Holder As defined in Section 3.03(f).

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

  • Domestic Foreign Holding Company means any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes with no material assets other than Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries and other assets incidental thereto.

  • Registered Organization is any “registered organization” as defined in the Code with such additions to such term as may hereafter be made.