Definition of Excluded CFC


Excluded CFC means (a) any CFC organized under the laws of Hong Kong or Russia, in the case of each such jurisdiction for so long as the Subsidiaries organized under the laws of such jurisdiction, taken together, do not have total assets of $10,000,000 or more, (b) any CFC organized under the laws of Canada, China (other than Hong Kong), Germany, Italy or the United Kingdom, in the case of each such jurisdiction for so long as the Subsidiaries organized under the laws of such jurisdiction, taken together, do not have total assets of $15,000,000 or more and (c) GrafTech Comercial Navarra S.L., for so long as it does not have total assets of $15,000,000 or more.

Examples of Excluded CFC in a sentence

Excluded CFC means any Subsidiary that is a controlled foreign corporation within the meaning of Section 957 of the Code.