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
Furthermore, nothing contained in the Credit Documents shall require any Borrower or Guarantor to pledge as Collateral more than 65% of the total outstanding voting Equity Interests of any Foreign Subsidiary that is a CFC or any Foreign Subsidiary Holdco.
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 a "controlled foreign corporation" within the meaning of Section 957 of the Code in which any Loan Party or direct or indirect owner of a Loan Party is a United States shareholder within the meaning of Section 951(b) 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.