Foreign Subsidiary Restructuring definition

Foreign Subsidiary Restructuring means, subject to such changes as may be approved by Administrative Agent, (a) the transfer of RedPrairie N.V. to RedPrairie Corporation Limited or a subsidiary thereof, (b) the transfer of RedPrairie Global BV to RedPrairie Corporation Limited or a subsidiary thereof, (c) the merger of BlueCube Software (UK) Limited into BlueCube Software, Inc., the transfer of BlueCube Software (UK) Limited to RedPrairie Corporation Limited or a subsidiary thereof or dissolution of BlueCube Software (UK) Limited and (d) the dissolution of RedPrairie BuildToOrder, Inc. or the transfer of RedPrairie BuildToOrder, Inc. to a Domestic Subsidiary or a subsidiary thereof.
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Foreign Subsidiary Restructuring means (i) the conversion to equity or write-off of intercompany indebtedness of Foreign Subsidiaries of the Borrower which existed prior to the Closing Date (and were Subsidiaries of the Borrower prior to the Closing Date) and (ii) the transfer by the Borrower or Subsidiary Guarantors (by investment, sale, merger or otherwise) of Foreign Subsidiaries of the Borrower which existed prior to the Closing Date (and were Subsidiaries of the Borrower prior to the Closing Date) and are not Subsidiaries of Itron Acquisition Company to New Lux, Itron Acquisition Company or Subsidiaries of New Lux.
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Foreign Subsidiary Restructuring means (i) the transfer of the equity interests of the Canadian Borrower such that the Canadian Borrower becomes a second- or lower-tier Foreign Subsidiary of the Domestic Borrower, (ii) conversion, transfer or other corporate restructuring of the Canadian Borrower to another form of entity or entities (including but not limited to a partnership or limited liability company), and (iii) transfer of the equity interests of Guess? Europe, B.V. such that Guess? Europe, B.V. becomes a second- or lower-tier Foreign Subsidiary of the Domestic Borrower.
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Examples of Foreign Subsidiary Restructuring in a sentence

  • Borrower, the Subsidiary Guarantors and the Lenders signatory hereto agree to amend the definition of Consolidated Net Income and to waive certain provisions identified below under the Credit Agreement in order to permit the Luxemburg Restructuring (as defined below) and the Foreign Subsidiary Restructuring (as defined below), subject to the terms and conditions of this Amendment.

  • Except as contemplated by the Foreign Subsidiary Restructuring, merge or consolidate with, or sell, assign, lease or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now or hereafter acquired) to, any Person, acquire all of the stock or all or substantially all of the assets or the business of any Person (except pursuant to a Permitted Acquisition) or liquidate, wind up or dissolve or suffer any liquidation or dissolution.


More Definitions of Foreign Subsidiary Restructuring

Foreign Subsidiary Restructuring means the transactions set forth on Schedule 6.8-B.
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Foreign Subsidiary Restructuring means the restructuring of ▇▇▇▇▇'▇ Foreign Subsidiaries as described on Schedule VII attached hereto.
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Related to Foreign Subsidiary Restructuring

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Foreign Subsidiaries means each Subsidiary of a Borrower that is not a Domestic Subsidiary.

  • Foreign Subsidiary Voting Stock the voting Capital Stock of any Foreign Subsidiary.