Foreign Restructuring definition

Foreign Restructuring means the reorganization of the ownership structure of the Foreign Subsidiaries of the Borrower.

Foreign Restructuring means the transactions undertaken prior to the Contribution to separate the Payment Services Business from the other Equifax businesses in foreign jurisdictions, as described on Exhibit A.

Foreign Restructuring means the reorganization of the ownership structure of the Foreign Subsidiaries of the Borrower. “Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary.

Examples of Foreign Restructuring in a sentence

• Without limiting the generality of the foregoing, each Lender irrevocably authorizes Administrative Agent, and Administrative Agent agrees, to release Collateral consisting of Stock of Foreign Subsidiaries upon Borrower’s request in connection with the Foreign Restructuring, so long as Administrative Agent is reasonably satisfied that following the Foreign Restructuring it will have a Lien on at least 65% of the Stock of any Foreign Subsidiary which is a direct Wholly Owned Subsidiary of Borrower.

• Parent and Technologies understand and acknowledge that certain trade and government receivables of the chemical operations of the current UK and Irish affiliates of Parent (the "Retained Receivables") are being withheld from the Foreign Restructuring transactions in these jurisdictions in order to minimize the amount of Foreign Transfer Taxes payable in each of these jurisdictions.

• Except as otherwise provided in this Agreement, ---------- all Contemplated Domestic Restructuring Taxes and all Contemplated Foreign Restructuring Taxes shall be the obligation of the entity that is liable for such Taxes under the Tax Law.

• The capital contributions shall be made on a monthly basis (in arrears) until the date that all Retained Receivables are either paid in full or repurchased by the relevant foreign subsidiary of the parent in accordance with the relevant Foreign Restructuring Agreement.

• Notwithstanding the foregoing, any Australian stamp tax imposed as a result of the Pre-Sale Foreign Restructuring shall be paid by Sellers, and the parties shall cooperate with each other in filing, any Tax Return or other documentation relating to such Australian stamp tax.

• The high level study is on-going and aims at identifying and describing the important design issues to be taken into account to make the HVDC link prepared for future operation as part of multi-terminal network.

• Notwithstanding any other provision of this Agreement (other than Section 9.1(b) hereof), DuPont shall be responsible for the payment of, and shall indemnify and hold Conoco harmless from and against, any IPO Restructuring Taxes, Deconsolidation Taxes or Other Foreign Restructuring Taxes.

• In addition, the Loan Parties and the Lenders hereby acknowledge that the equity interests, debt instruments and evidences of indebtedness being transferred among the Loan Parties in connection with the Foreign Restructuring (other than the Released Assets (as hereinafter defined)) will be transferred subject to the security interests of the Collateral Agent and that, after giving effect to the Foreign Restructuring, such security interests shall remain in full force and effect.

• Effective upon the Foreign Restructuring Completion Date, Schedule 8.2.4 of the Credit Agreement is hereby amended and restated in its entirety as set forth on Annex E hereto.

• Section 8.2.4(vii) of the Credit Agreement is hereby amended by replacing the parenthetical “(excluding any loans and advances to, and investments in, Foreign Subsidiaries created after the Closing Date pursuant to clause (vi) of this Section 8.2.4)” and in its stead inserting the parenthetical “(excluding any loans and advances to, and investments in, Foreign Subsidiaries created after the Foreign Restructuring Completion Date pursuant to clause (vi) of this Section 8.2.4)”.

More Definitions of Foreign Restructuring

Foreign Restructuring has the meaning set forth in the Recitals to this Agreement.

Foreign Restructuring is defined in the Preamble.

Foreign Restructuring means the collective reference to the following transactions: (a) the making of a loan by SIC of up to $85,000,000 utilizing the Net Cash Proceeds of the first Qualified IPO to a newly formed Foreign Subsidiary, to be evidenced by a note (the “Foreign Restructuring Note”) issued by such newly formed Foreign Subsidiary to SIC and having terms and conditions reasonably satisfactory to the Administrative Agent (which note shall be pledged pursuant to the Guaranty and Security Agreement); (b) the use of the proceeds of such loan by such newly formed Foreign Subsidiary to acquire from the Borrower all of the outstanding Stock of all of the Foreign Subsidiaries of the Borrower in exchange for up to $85,000,000 in cash and equity of such newly formed Foreign Subsidiary; and (c) the transfer of ownership of the Stock of one or more Foreign Subsidiaries to one or more other Foreign Subsidiaries, all substantially as further described on Schedule IV.

Foreign Restructuring means the reorganization of the European holding company structure of Sunrise and its Subsidiaries pursuant to transactions and other events substantially as described in Schedule XII hereto with such changes in the form or order of such transactions and other events designed to achieve the same result with no material increase in costs.

Foreign Restructuring the restructuring of the ownership of the Company's Foreign Subsidiaries as described in Schedule 1.1(b).