PFIC means a passive foreign investment company as defined in the Code.
PFIC means a “passive foreign investment company” within the meaning of Section 1297(a) of the Code.
PFIC means a passive foreign investment company;
Examples of PFIC in a sentence
If the Company becomes a PFIC, upon request of Purchaser at any time and from time to time, the Company will promptly provide the information necessary for Purchaser to make a QEF Election with respect to the Company and will cause each direct and indirect subsidiary that the Company controls to provide such information to Purchaser with respect to such subsidiary.
More Definitions of PFIC
PFIC has the meaning set forth in Section 5.7;
PFIC means a passive foreign investment company.
PFIC shall have the meaning ascribed to such term in Section 4.18.
PFIC shall have the meaning assigned to such term in Section 3.1(kk).