Common use of Debt incurred Clause in Contracts

Debt incurred. by Foreign Subsidiaries to finance the payment (and not in excess of) of cash dividends to reinvest foreign earnings in the United States, as contemplated and to the extent permitted by the American Jobs Creation Act of 2004, as a source for, but not limited to, the financial stabilization of the Borrower and its Domestic Subsidiaries for the purposes of jobs retention or creation; and

Appears in 6 contracts

Samples: Credit Agreement (Marsh & McLennan Companies Inc), Credit Agreement (Marsh & McLennan Companies, Inc.), Marsh & McLennan Companies Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.