CFC definition
CFC means a “controlled foreign corporation” within the meaning of Section 957 of the Code.
CFC means a Person that is a controlled foreign corporation under Section 957 of the Code.
CFC means a Subsidiary of the Borrower that is a “controlled foreign corporation” within the meaning of Section 957 of the Code.
Examples of CFC in a sentence
No Group Company has ever been or ever owned any (1) “controlled foreign corporation” within the meaning of Section 957 of the Code (“CFC”) or (ii) “passive foreign investment company” (“PFIC”) as defined in Section 1297 of the Code and (iii) no Group Company expects to be classified as a CFC or as a PFIC in the year of the Closing Date.
More Definitions of CFC
CFC means a controlled foreign corporation (as that term is defined in the IRC).
CFC means a Subsidiary that is a “controlled foreign corporation” within the meaning of Section 957 of the Code and each Subsidiary of any such “controlled foreign corporation”.
CFC means (a) each Person that is a “controlled foreign corporation” for purposes of the Code and (b) each subsidiary of any such controlled foreign corporation.
CFC means a controlled foreign corporation (as that term is defined in the Internal Revenue Code).
CFC means any Subsidiary of any U.S. Credit Party that is a “controlled foreign corporation” within the meaning of Section 957(a) of the Code.
CFC means a “controlled foreign corporation” within the meaning of Section 957 of the Internal Revenue Code of 1986, as amended.
CFC means the California Financial Code.