Foreign Joint Venture definition

Foreign Joint Venture means a Joint Venture that is not organized under the laws of the United States of America, any state or territory thereof or the District of Columbia.
Foreign Joint Venture means any Restricted Foreign Subsidiary in which the Borrower and its Restricted Subsidiaries own, collectively, less than 100% of the equity interests and designated as such in a written notice to the Administrative Agent by the Borrower, provided that in the event a Restricted Subsidiary not previously designated by the Borrower as a Foreign Joint Venture is subsequently re-designated as a Foreign Joint Venture, (x) such re-designation shall be deemed to be an investment on the date of such re-designation in a Foreign Joint Venture in an amount equal to the product of (i) the net worth of such re-designated Restricted Subsidiary immediately prior to such re-designation (such net worth to be calculated without regard to any guarantee provided by such re-designated Restricted Subsidiary) and (ii) the percentage of capital stock or other equity interests in such Foreign Joint Venture owned by the Borrower or its Restricted Subsidiaries (other than Foreign Joint Ventures) and (y) no Default or Event of Default would result from such re-designation.
Foreign Joint Venture means any Joint Venture of the Borrower and/or its Subsidiaries other than a Domestic Joint Venture.

Examples of Foreign Joint Venture in a sentence

  • On August 15, 2016, the acquisition agreement was executed by TRW for acquiring the other 25% equity in JFD which was a Sino Foreign Joint Venture Co. that TRW had 100% equity interest with effect on October 5, 2016.

  • By virtue of the acquisition, APWAM assumed all obligations and liabilities of PMH under the Sino Foreign Joint Venture Agreement.

  • A statement of whether or not the PRC issuer has applied or intends to apply for the status of a sino-foreign investment joint stock limited company (中外合資股份有限公司) and whether or not the PRC issuer is or expects to be subject to the PRC Sino- Foreign Joint Venture Law (中外合資經營企業法).

  • A Sino Foreign Joint Venture Company (SFJVC) was formed as required by Chinese law.

  • Type of Investor: ………………………Local: Overseas Guyanese: Foreign: Joint Venture: Business/Company Name: ………………………… ……………………………………………………… Local Address:……………………………………..


More Definitions of Foreign Joint Venture

Foreign Joint Venture any joint venture of the Borrower that is not a Domestic Joint Venture, but excluding any Subsidiary of the Borrower.
Foreign Joint Venture means a Subsidiary or Affiliate that is not a Domestic Subsidiary.
Foreign Joint Venture means Grupo P.I.
Foreign Joint Venture has the meaning set forth in Section 6.05.
Foreign Joint Venture means a joint venture in which less than 60% of the shares in the joint venture are held by a Swazi citizen or company. .
Foreign Joint Venture means any joint venture formed under the laws of a jurisdiction other than that of the United States or any state thereof that is not a Subsidiary of the Company."
Foreign Joint Venture means individually and "Foreign Joint Ventures" shall mean collectively any corporation, partnership, limited liability company, joint venture or other entity (i) organized under the laws of any jurisdiction other than a state of the United States of America or formed primarily for the purpose of doing business outside of the United States of America and (ii) in which the Company and its Subsidiaries own less than 50% of the capital stock, partnership interests, membership interests or other ownership interests.