Examples of Foreign Holding Companies in a sentence
The shares of Pledged Stock pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Capital Stock of each Issuer owned by such Grantor (other than Capital Stock in Non-Profit Entities, Foreign Subsidiaries, Domestic Foreign Holding Companies, Insurance Subsidiaries and Unrestricted Subsidiaries not required to be pledged pursuant to the Loan Documents).
Permit the aggregate book value of the assets of all Foreign Holding Companies (exclusive of assets consisting of advances or loans to the Borrower or any of its Subsidiaries and Capital Stock of Foreign Subsidiaries and other Foreign Holding Companies), Inactive Subsidiaries and Special Purpose Subsidiaries (exclusive of assets consisting of licenses or permits) which are not Subsidiary Guarantors to exceed $25,000,000 at any time.
The Pledged LLC Interests pledged by the Grantors constitute all the issued and outstanding Capital Stock of each Issuer that is a limited liability company in which any Grantor has any right, title or interest (other than Capital Stock in Non-Profit Entities, Foreign Subsidiaries, Domestic Foreign Holding Companies, Insurance Subsidiaries and Unrestricted Subsidiaries not required to be pledged pursuant to the Loan Documents).
Foreign Holding Companies...........................................
Foreign Holding Companies..........................................
Permit the aggregate book value of the assets of all Foreign Holding Companies (exclusive of assets consisting of advances or loans to the Borrower or any of its Subsidiaries and Capital Stock of Foreign Subsidiaries and other Foreign Holding Companies), Inactive Subsidiaries and Special Purpose Subsidiaries (exclusive of assets consisting of licenses or permits) to exceed $15,000,000 at any time.
The Pledged LLC Interests pledged by the Grantors constitute all the issued and outstanding Capital Stock of each Issuer that is a limited liability company in which any Grantor has any right, title or interest (other than Capital Stock in Non-Profit Entities, Foreign Subsidiaries, Domestic Foreign Holding Companies, Insurance Subsidiaries, Joint Ventures and Non-Wholly-Owned Subsidiaries, Immaterial Subsidiaries and Unrestricted Subsidiaries not required to be pledged pursuant to the Loan Documents).
In addition, the Borrowers will not at any time permit either (i) the aggregate revenue generated by all Domestic Subsidiaries which are not Guarantors (which are not Domestic Foreign Holding Companies) to equal or exceed $30,000,000 for the period of four (4) consecutive fiscal quarters most recently ended, or (ii) the aggregate book value of the assets of all Domestic Subsidiaries which are not Guarantors (which are not Domestic Foreign Holding Companies) to exceed $10,000,000 at such time.
The shares of Pledged Stock pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Capital Stock of each Issuer owned by such Grantor (other than Capital Stock in Non-Profit Entities, Foreign Subsidiaries, Domestic Foreign Holding Companies, Insurance Subsidiaries, Joint Ventures and Non-Wholly-Owned Subsidiaries, Immaterial Subsidiaries and Unrestricted Subsidiaries not required to be pledged pursuant to the Loan Documents).
In addition, the equity interests of the subsidiaries of the Company listed on Annex A are expected to be contributed, directly or indirectly, to the Intermediate Foreign Holding Companies in exchange for one or more promissory notes and/or equity securities (which may include convertible preferred equity certificates) of the Intermediate Foreign Holding Companies.