Foreign Operation definition
Foreign Operation means any Operation of the Business conducted by any Target Company or the Asset Sellers outside of the United States.
Foreign Operation means a reporting entity, including a subsidiary, branch, division, associated company, partnership or the like, for which financial statements are prepared in a foreign currency.
Foreign Operation any Operation of the Business conducted by a Foreign Subsidiary.
Examples of Foreign Operation in a sentence
Newco acknowledges and agrees that, on and after the Closing Date, Newco shall credit Foreign Employees with their applicable years of service with the applicable Foreign Operation and credit HNS UK Employees with their applicable years of service with HNS UK for all purposes under any Newco employee benefit plan, to the extent permissible under the Laws of the HNS Countries of Operation.