Foreign Asset Sale definition

Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

Foreign Asset Sale has the meaning specified in Section 2.05(2)(h).

Foreign Asset Sale means an Asset Sale in respect of the Capital Stock or assets of a Foreign Subsidiary or a Restricted Subsidiary of the type described in Section 936 of the Code to the extent that the proceeds of such Asset Sale are received by a Person subject in respect of such proceeds to the tax laws of a jurisdiction other than the United States or any State thereof or the District of Columbia.

Examples of Foreign Asset Sale in a sentence

• Nothing in this Section 2.11 shall be construed as a covenant by any Foreign Subsidiary to distribute any amounts to any Loan Party or a covenant by the Borrowers or any Loan Party to cause any Foreign Subsidiary to distribute any amounts (it being understood that this Section 2.11 requires only that the Lead Borrower repay certain amounts calculated by reference to certain Foreign Asset Sale Recovery Events of a Foreign Subsidiary).

• Nothing in this Section 2.11 shall be construed as a covenant by any Foreign Subsidiary to distribute any amounts to any Loan Party or a covenant by the Borrower or any Loan Party to cause any Foreign Subsidiary to distribute any amounts (it being understood that this Section 2.11 requires only that the Borrower repay certain amounts calculated by reference to certain Excess Cash Flow and/or Foreign Asset Sale Recovery Events of a Foreign Subsidiary).

More Definitions of Foreign Asset Sale

Foreign Asset Sale shall have the meaning assigned to such term in Section 2.10(i).

Foreign Asset Sale an Asset Sale consummated by a Foreign Subsidiary.

Foreign Asset Sale means an Asset Sale consummated by a Foreign Subsidiary.

Foreign Asset Sale shall have the meaning set forth in Section 4.02(j).

Foreign Asset Sale shall have the meaning provided in Section 4.2(f).

Foreign Asset Sale means the sale by the Borrower of its foreign assets, including its foreign Platform Agreements, foreign subsidiaries and foreign distribution rights in its film library, as contemplated in Exhibit Q hereto, as approved by the Agent.

Foreign Asset Sale as defined in Section 2.15(f).