Foreign Joint Venture definition

Foreign Joint Venture means a Joint Venture that is not organized under the laws of the United States of America, any state or territory thereof or the District of Columbia.

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Foreign Joint Venture means any Restricted Foreign Subsidiary in which the Borrower and its Restricted Subsidiaries own, collectively, less than 100% of the equity interests and designated as such in a written notice to the Administrative Agent by the Borrower, provided that in the event a Restricted Subsidiary not previously designated by the Borrower as a Foreign Joint Venture is subsequently re-designated as a Foreign Joint Venture, (x) such re-designation shall be deemed to be an investment on the date of such re-designation in a Foreign Joint Venture in an amount equal to the product of (i) the net worth of such re-designated Restricted Subsidiary immediately prior to such re-designation (such net worth to be calculated without regard to any guarantee provided by such re-designated Restricted Subsidiary) and (ii) the percentage of capital stock or other equity interests in such Foreign Joint Venture owned by the Borrower or its Restricted Subsidiaries (other than Foreign Joint Ventures) and (y) no Default or Event of Default would result from such re-designation.

Foreign Joint Venture means any Joint Venture of the Borrower and/or its Subsidiaries other than a Domestic Joint Venture.

Examples of Foreign Joint Venture in a sentence

• The Vendors shall take all steps and do all things necessary to enable the Purchaser and/or its representatives to carry out the enquiries and the due diligence investigation as provided in Clause 3.1 and to enable the Said Company to be re-instated as a China Company instead of the Foreign Joint Venture Company that is presently registered.

• Article 3.1 In accordance with the Joint Venture Law and other relevant Chinese laws and regulations, both parties agree to set up one Chinese Foreign Joint Venture limited liability company, the Joint Venture.

• Under a Joint Venture Contract dated December 11th 2004, Party A & Party B agreed to establish a new Chinese Foreign Joint Venture Company, Shandong Terra Nostra-Jinpeng Metallurgical Co., Ltd., (“Joint Venture”), whereby Party A will fulfill its investment in the Joint Venture by contributing existing fixed assets representing 49% of the Joint Venture, and Party B will fulfill its investment in the Joint Venture by contributing cash or in kind, representing 51% of the Joint Venture.

• Actual aggregate amount of Contingent Obligations permitted under Section 8.02(c)(x) and Investments permitted under Section Section 8.02(d)(v), 8.02(d)(viii), 8.02(d)(x) in respect of a Foreign Joint Venture, and Section 8.02(d)(xi) in respect of a Foreign Restricted Subsidiary $__________ 10.

• Migration has no partially or wholly owned, direct or indirect, Subsidiaries, except for Shenzhen ▇▇▇▇▇ Electronic Network System Co., Ltd., a Sino Foreign Joint Venture registered in China, and Shanghai Tongji Construction Materials Technology Sales Service Co., Ltd., a privately-owned limited liability company incorporated in China.

More Definitions of Foreign Joint Venture

Foreign Joint Venture any joint venture of the Borrower that is not a Domestic Joint Venture, but excluding any Subsidiary of the Borrower.

Foreign Joint Venture means a Subsidiary or Affiliate that is not a Domestic Subsidiary.

Foreign Joint Venture means Grupo P.I.

Foreign Joint Venture has the meaning set forth in Section 6.05.

Foreign Joint Venture shall not include any such corporation, partnership, limited liability company, joint venture or other entity organized under the laws of Canada or any province thereof."

Foreign Joint Venture means a joint venture, partnership or other similar arrangement, whether in corporate, partnership or other legal form between or among any of Borrower or any Subsidiary of Borrower and any Person that is organized under the Laws of any jurisdiction other than the United States of America, any State or Territory thereof or the District of Columbia; provided that no corporate or limited liability company Foreign Subsidiary wholly owned (directly or indirectly) by Borrower shall be considered to be a Foreign Joint Venture to which Borrower or any Subsidiary of Borrower is a party.

Foreign Joint Venture means a joint venture in which less than 60% of the shares in the joint venture are held by a Swazi citizen or company. .