Disregarded Domestic Person definition

Disregarded Domestic Person means any direct or indirect Domestic Subsidiary that is treated as a partnership or a disregarded entity for U.S. federal income tax purposes, if substantially all of its assets consist of Equity Interests of one or more direct or indirect Foreign Subsidiaries or other Disregarded Domestic Persons.
Disregarded Domestic Person any direct or indirect Domestic Subsidiary that has no material assets other than (i) the equity or indebtedness of one or more Foreign Subsidiaries and/or other Disregarded Domestic Persons and (ii) an immaterial amount of Cash and Cash Equivalents.
Disregarded Domestic Person any direct or indirect Domestic Subsidiary substantially all of the assets of which consist of the equity of one or more Foreign Subsidiaries.

Examples of Disregarded Domestic Person in a sentence

  • To consider and approve the amendments to the Rules of Procedure of Shareholders’ General Meeting of Bank of Guizhou Co., Ltd..

  • Nothing in this Supplemental Indenture or in the Securities, expressed or implied, will give to any Person, other than the parties hereto, any Paying Agent, any Conversion Agent, any Registrar or their successors hereunder or the Holders of the Securities, any benefit or any legal or equitable right, remedy or claim under this Supplemental Indenture.

  • For the avoidance of doubt, in no event shall the Secured Obligations of any Loan Party that is a Foreign Subsidiary, Foreign Holdco, Disregarded Domestic Person or direct or indirect Domestic Subsidiary of a Foreign Subsidiary include any Obligation under any Secured Swap Contract or Secured Treasury Management Agreement between any Domestic Loan Party and any Lender or Affiliate of a Lender.


More Definitions of Disregarded Domestic Person

Disregarded Domestic Person means a Subsidiary of the Company (a) incorporated under the laws of any jurisdiction in the United States and (b) that either (i) has no material assets other than equity interests of one or more CFCs, does not conduct any business or activity other than the ownership of such equity interests and does not incur, and is not otherwise liable for, any indebtedness or other liabilities, or (ii) is a direct or indirect Subsidiary of a CFC.
Disregarded Domestic Person means any direct or indirect Domestic Subsidiary that (a) did not become a subsidiary of the Borrower until after the Closing Date, (b) is not a CFC Holdco, (c) is treated as a disregarded entity for U.S. federal income tax purposes and (d) holds (directly or through another Disregarded Domestic Person) equity in one or more Foreign Subsidiaries that are CFCs.
Disregarded Domestic Person means any direct or indirect Domestic Subsidiary that is treated as a disregarded entity for United States federal income tax purposes if substantially all of its assets consist of the equity of one or more direct or indirect Foreign Subsidiaries.
Disregarded Domestic Person means any direct or indirect domestic Subsidiary of the Parent that is treated as a disregarded entity for U.S. federal income tax purposes, if substantially all of its assets constitutes the equity of one or more direct or indirect Foreign Subsidiaries that are CFCs or other Disregarded Domestic Persons except to the extent such entities are Foreign Loan Parties.
Disregarded Domestic Person any direct or indirect Domestic Subsidiary of the Issuer that is treated as a disregarded entity for federal income tax purposes if it directly (or indirectly through one or more Disregarded Domestic Persons) owns the equity of one or more direct or indirect Foreign Subsidiaries.
Disregarded Domestic Person means any direct or indirect Domestic Subsidiary that is treated as a disregarded entity for U.S. federal income tax purposes, if it holds no material assets other than the equity of one or more direct or indirect Foreign Subsidiaries that are CFCs or other Disregarded Domestic Persons. "Dollars" or "$" means United States dollars. "Domestic Subsidiary" means any Subsidiary of any Loan Party that is not a Foreign Subsidiary. "Drawing Document" means any Letter of Credit or other document presented for purposes of drawing under any Letter of Credit, including by electronic transmission such as SWIFT, electronic mail, facsimile or computer generated communication. "Earn-Outs" means unsecured liabilities of a Loan Party arising under an agreement to make any deferred payment as a part of the Purchase Price for a Permitted Acquisition, including performance bonuses or consulting payments in any related services, employment or similar agreement, in an amount that is subject to or contingent upon the revenues, income, cash flow or profits (or the like) of the target of such Permitted Acquisition. "EBITDA" means, with respect to any fiscal period and with respect to Parent and its Subsidiaries determined on a consolidated basis in accordance with GAAP: (a) Parent's consolidated net income (or loss) (excluding extraordinary or non- recurring gains and non-cash losses, gains and non-cash losses from the disposition of assets (other than any gains from sales of Inventory in the ordinary course of business), gains and non-cash losses from discontinued operations and interest income); provided, that, the net income a Subsidiary that is not wholly- owned (other than a Loan Party), directly or indirectly, by Parent shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to Parent or a wholly-owned Subsidiary of Parent during such period, plus (b) without duplication and, except with respect to clause (viii) below, to the extent deducted in determining such net income (or loss) for such period, each of the following items: (i) all Interest Expense, (ii) tax expense based on income, profits or capital, including federal, state, franchise and similar taxes, (iii) depreciation and amortization expense, (iv) reimbursements paid to Sponsor or Public Parent for reasonable out-of- pocket expenses incurred for the benefit of Parent and its Subsidiaries so long as such expenses would no...
Disregarded Domestic Person any direct or indirect U.S. Subsidiary of the Lead Borrower, substantially all of whose assets consist of Equity Interests in one or more direct or indirect Foreign Subsidiaries.