CFC Debt definition

CFC Debt means intercompany loans, Indebtedness or receivables owed or treated as owed by one or more Foreign Subsidiaries.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

CFC Debt means, with respect to any Person, any Indebtedness or accounts receivable that is owed, or treated as owed for United States federal income tax purposes, by any CFC to such Person.

CFC Debt as defined in the definition of “Foreign Holding Company”.

Examples of CFC Debt in a sentence

Moneys in the CFC Supplemental Reserve Account shall be paid by the Authority to the CFC Debt Service Fund, prior to applying any moneys in the CFC Debt Service Reserve Fund or the CFC Debt Service Coverage Fund, to the extent necessary from time to time to permit the timely payment of the Series 2019 Bonds.
The moneys paid to the Authority pursuant to this Section shall be credited to a special subaccount in the CFC Debt Service Fund.
The principal of and interest on the Bonds (collectively, “Debt Service Charges”) are payable equally and ratably solely from the Pledged Revenues, the CFC Revenue Fund, and the Special Funds (being the CFC Debt Service Fund, the CFC Debt Service Reserve Fund, the CFC Debt Service Coverage Fund and the CFC Supplemental Reserve Account), all as defined and as provided in the CFC Trust Agreement, and are not otherwise an obligation of the Authority.
Notwithstanding anything to the contrary set forth in the CFC Trust Agreement, amounts on deposit in the CFC Debt Service Reserve Fund shall be applied solely to the payment of Debt Service Charges due on the Bonds.
There is established in the custody of the Trustee an account within the CFC Debt Service Reserve Fund to be designated “Series 2019 Debt Service Reserve Account”.

More Definitions of CFC Debt

CFC Debt means Indebtedness owed or treated as owed by one or more CFCs.

CFC Debt means indebtedness (and any amounts treated as indebtedness for U.S. federal income tax purposes) owed by, or treated for U.S. federal income tax purposes as owed by, as CFC.

CFC Debt means, with respect to any Loan Party, any Indebtedness or Receivables owed by any CFC to any such Loan Party, or treated as owed to any such Loan Party, for U.S. federal income tax purposes.

CFC Debt means intercompany loans, Indebtedness or receivables owed, or treated as owed, for United States federal income tax purposes, by one or more CFCs.

CFC Debt means indebtedness owed by a CFC that is secured by the assets of such CFC.

CFC Debt has the meaning give to such term in Clause 21.14 (Guarantee limitation – deemed dividends). |EU-DOCS\34803319.2||

CFC Debt means intercompany loans, Indebtedness or receivables owed or treated as owed by one or more Foreign