Excluded Domestic Subsidiary means any Domestic Subsidiary that is (a) a direct or indirect Subsidiary of an Excluded Foreign Subsidiary or (b) an Excluded Domestic Holdco.
Excluded Domestic Subsidiary means County Line Mutual Water Company, a Wholly-Owned Domestic Subsidiary of the U.S. Borrower.
Excluded Domestic Subsidiary means any direct or indirect Subsidiary of a Loan Party that is directly or indirectly owned (in whole or in part) by any Foreign Subsidiary of a Loan Party.
Examples of Excluded Domestic Subsidiary in a sentence
For the avoidance of doubt, no Excluded Domestic Subsidiary shall be an Additional Borrower.
More Definitions of Excluded Domestic Subsidiary
Excluded Domestic Subsidiary any Subsidiary of the Company Borrower that is (i) a CFC Holdco or (ii) a direct or indirect Domestic Subsidiary of a Foreign Subsidiary that is a CFC.
Excluded Domestic Subsidiary means a Domestic Subsidiary substantially all of the assets of which consist of the Capital Stock of Foreign Subsidiaries.
Excluded Domestic Subsidiary means (a) any Domestic Subsidiary whose Equity Interests are owned directly or indirectly by a CFC and (b) any Domestic Foreign Holdco Subsidiary.
Excluded Domestic Subsidiary means any Domestic Subsidiary which is classified as a “disregarded entity” for United States Federal Income tax purposes and substantially all the assets of which are the capital stock of one or more Foreign Subsidiaries.
Excluded Domestic Subsidiary means any Subsidiary that is a U.S. Person and (a) is a Subsidiary of a “controlled foreign corporation” under Section 957 of the Code (a “CFC”) or (b) substantially all of the assets of such Subsidiary consists of Capital Stock of one or more CFCs or of other U.S. Persons substantially all of the assets of which consist of Capital Stock of one or more CFCs.
Excluded Domestic Subsidiary means any Domestic Subsidiary substantially all the assets of which are Equity Interests in Foreign Subsidiaries. For the avoidance of doubt, AMCNI (or its successor) shall be an Excluded Domestic Subsidiary.