Foreign Joint Venture definition

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.

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Foreign Joint Venture means each Permitted Joint Venture that (a) is organized under the laws of a jurisdiction other than the United States of America or any state thereof or the District of Columbia, (b) conducts substantially all of its business outside of the United States of America, and (c) has substantially all of its assets outside of the United States of America.

Foreign Joint Venture means a joint venture (regardless of the type of entity used to form such joint venture) formed to operate or provide services in a jurisdiction outside of the United States.

Examples of Foreign Joint Venture in a sentence

Chapter One: General All parties agree to sign this joint venture agreement to set up "UNIVERSAL SENSORS, INC." based on the principle of unanimous equality and benefit, This agreement complies with "Management of Foreign Joint Venture Enterprise Law of the People's Republic of China" and the Chinese relevant laws and regulations,.
Maximum permitted aggregate amount of Contingent Obligations permitted under Section 8.02(c)(x) and Investments permitted under Section Section 8.02(d)(v), 8.02(d)(viii), 8.02(d)(x) in respect of a Foreign Joint Venture, and Section 8.02(d)(xi) in respect of a Foreign Restricted Subsidiary [a x 25%] $__________ c.
Actual aggregate amount of Contingent Obligations permitted under Section 8.02(c)(x) and Investments permitted under Section Section 8.02(d)(v), 8.02(d)(viii), 8.02(d)(x) in respect of a Foreign Joint Venture, and Section 8.02(d)(xi) in respect of a Foreign Restricted Subsidiary $__________ 10.
Under a Joint Venture Contract dated December 11th 2004, Party A & Party B agreed to establish a new Chinese Foreign Joint Venture Company, Shandong Terra Nostra-Jinpeng Metallurgical Co., Ltd., (“Joint Venture”), whereby Party A will fulfill its investment in the Joint Venture by contributing existing fixed assets representing 49% of the Joint Venture, and Party B will fulfill its investment in the Joint Venture by contributing cash or in kind, representing 51% of the Joint Venture.
Migration has no partially or wholly owned, direct or indirect, Subsidiaries, except for Shenzhen ▇▇▇▇▇ Electronic Network System Co., Ltd., a Sino Foreign Joint Venture registered in China, and Shanghai Tongji Construction Materials Technology Sales Service Co., Ltd., a privately-owned limited liability company incorporated in China.

More Definitions of Foreign Joint Venture

Foreign Joint Venture means any Joint Venture of the Borrower and/or its Subsidiaries other than a Domestic 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 6.04.

Foreign Joint Venture means a joint venture, partnership or other similar arrangement, whether in corporate, partnership or other legal form between or among any of Borrower or any Subsidiary of Borrower and any Person that is organized under the Laws of any jurisdiction other than the United States of America, any State or Territory thereof or the District of Columbia; provided that no corporate or limited liability company Foreign Subsidiary wholly owned (directly or indirectly) by Borrower shall be considered to be a Foreign Joint Venture to which Borrower or any Subsidiary of Borrower is a party.

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. .