Foreign Stock Holding Company definition

Foreign Stock Holding Company means any Domestic Subsidiary that has no material assets other than capital stock of one or more Foreign Subsidiaries that are CFCs.
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Foreign Stock Holding Company means any Domestic Subsidiary of the Company created or acquired to hold the Capital Stock of first-tier Foreign Subsidiaries, it being understood that each such Person shall be a passive holding company (with the only assets of such Person being the Capital Stock of first-tier Foreign Subsidiaries) and such Person shall be subject to the requirements of Section 6.15.
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Foreign Stock Holding Company means any Domestic Subsidiary or any Foreign Subsidiary (provided that such Foreign Subsidiary shall be considered a Domestic Subsidiary for purposes of the Security Agreement and Section 5.15 of this Agreement) of the Borrower created or acquired to hold the Capital Stock of first-tier Foreign Subsidiaries. It is understood and agreed that each such Subsidiary shall be a passive holding company (with the only assets of such Subsidiary being the Capital Stock of first-tier Foreign Subsidiaries) and each such Subsidiary shall be subject to the requirements of Section 6.15. It is further understood and agreed that Foreign Stock Holding Companies shall not be Excluded Foreign Subsidiaries for purposes of this Agreement.
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Examples of Foreign Stock Holding Company in a sentence

  • Except as permitted by the immediately succeeding sentence of this Section 4.32, no Foreign Stock Holding Company owns or leases, directly or indirectly, any real, personal, intangible or tangible property of any nature, other than the Stock of its Foreign Subsidiaries and other Foreign Stock Holding Companies and ownership or leases of immaterial assets as incidental to maintaining its operations, including, without limitation, as to branch offices.

  • Cause the Capital Stock of each Foreign Subsidiary directly owned by the Borrower or a Domestic Subsidiary (other than Excluded Foreign Subsidiaries) now existing or hereafter created or acquired to be held by VIHI or a Foreign Stock Holding Company at all times.

  • Except with respect to the Stock of Immaterial Subsidiaries and Excluded Domestic Subsidiaries, Borrower shall cause the Stock of each Foreign Subsidiary directly owned by Borrower or a Domestic Subsidiary now existing or hereafter created or acquired to be held directly or indirectly by a Foreign Stock Holding Company at all times; provided, however, Foreign Stock Holding Companies may hold the Stock of other Foreign Stock Holding Companies.

  • Create, incur, assume or suffer to exist any Lien on any Stock of any Credit Party (other than Borrower), any Foreign Stock Holding Company or any first-tier Foreign Subsidiary, except for the Liens granted pursuant to the Collateral Documents and the Revolver Loan Documents.

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  • Except with respect to the Stock of Immaterial Subsidiaries and Excluded Domestic Subsidiaries, Borrowers shall cause the Stock of each Foreign Subsidiary directly owned by any Borrower or a Domestic Subsidiary now existing or hereafter created or acquired to be held directly or indirectly by a Foreign Stock Holding Company at all times; provided, however, Foreign Stock Holding Companies may hold the Stock of other Foreign Stock Holding Companies.

  • Section 1.956-2(c)(2)) of each Foreign Subsidiary" in clause (ii): "(other than a Foreign Stock Holding Company)" and (ii) adding the following after the words "directly owned by such Borrower in each Foreign Subsidiary" in clause (iii): "(other than a Foreign Stock Holding Company)".

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  • Please submit an entry on the Activity Log Board using the following scenario and determine if it should be posted to the Significant Event Board:You have just received a call from the local Public Works department, a trusted source, notifying you of flooding due to a water main break.

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More Definitions of Foreign Stock Holding Company

Foreign Stock Holding Company in Section 1.1 of the Credit Agreement is hereby amended by adding the following after the words "any Domestic Subsidiary": "or any Foreign Subsidiary (it being understood that such Foreign Subsidiary shall be considered a Domestic Subsidiary for purposes of the Guarantee and Collateral Agreement and Sections 5.9 and 5.10 of this Agreement)".
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Foreign Stock Holding Company means any Domestic Subsidiary or any Foreign Subsidiary of Borrowers created or acquired to hold the Stock of first-tier Foreign Subsidiaries (excluding any Foreign Subsidiary that is a Foreign Stock Holding Company) or other Foreign Stock Holding Companies. It is understood and agreed that each such Subsidiary shall be a holding company (with the principal assets of such Subsidiary being the Stock of first-tier Foreign Subsidiaries or other Foreign Stock Holding Companies and other assets incidental to its operations and such other assets as permitted by Section 7.21). As of the Closing Date, each of the following entities shall be deemed to be a “Foreign Stock Holding Company”: Visteon Holdings, LLC, Visteon EU Holdings, LLC, Visteon International Holdings, Inc., Visteon European Holdings, Inc., Visteon Global Technologies, Inc., Visteon Holdings Hungary Kft, VIHI, LLC, VEHC, LLC, Visteon Holdings GmbH, Visteon Automotive Holdings, LLC, Infinitive Speech Systems Corp. and SunGlas, LLC.
Sample 1
Foreign Stock Holding Company any Domestic Subsidiary or any Foreign Subsidiary (provided that such Foreign Subsidiary shall be considered a Domestic Subsidiary for purposes of the Guarantee and Collateral Agreement and Sections 5.9 and 5.10 of this Agreement) of the Borrower created or acquired to hold the Capital Stock of first-tier Foreign Subsidiaries. It is understood and agreed that each such Subsidiary shall be a passive holding company (with the only assets of such Subsidiary being the Capital Stock of first-tier Foreign Subsidiaries) and each such Subsidiary shall be subject to the requirements of Section 6.16. It is further understood and agreed that Foreign Stock Holding Companies shall not be Excluded Foreign Subsidiaries for purposes of this Agreement.
Sample 1
Foreign Stock Holding Company means a company to be organized under the laws of the Netherlands that will become a Subsidiary of BIH CV in connection with the Foreign Subsidiary Reorganization. It is understood and agreed that the Foreign Stock Holding Company shall be a holding company (with the principal assets of such Subsidiary being the Stock of Foreign Subsidiaries and other assets incidental to its operations and such other assets as permitted by Section 6.20).
Sample 1
Foreign Stock Holding Company means any Domestic Subsidiary or any Foreign Subsidiary of Borrowers created or acquired to hold the Stock of first-tier Foreign Subsidiaries (excluding any Foreign Subsidiary that is a Foreign Stock Holding Company) or other Foreign Stock Holding Companies. It is understood and agreed that each such Subsidiary shall be a holding company (with the principal assets of such Subsidiary being the Stock of first-tier Foreign Subsidiaries or other Foreign Stock Holding Companies and other assets incidental to its operations). As of the Closing Date, each of the following entities shall be deemed to be a “Foreign Stock Holding Company”: Visteon Holdings, LLC, Visteon EU Holdings, LLC, Visteon International Holdings, Inc., Visteon European Holdings, Inc., Visteon Global Technologies, Inc., Visteon Holdings Hungary Kft, VIHI, LLC, VEHC, LLC, Visteon Holdings GmbH, Visteon Automotive Holdings, LLC, Infinitive Speech Systems Corp. and SunGlas, LLC.
Sample 1
Foreign Stock Holding Company means any Domestic Subsidiary or any Foreign Subsidiary of Borrower created or acquired to hold the Stock of first- tier Foreign Subsidiaries (excluding any Foreign Subsidiary that is a Foreign Stock Holding Company) or other Foreign Stock Holding Companies. It is understood and agreed that each such Subsidiary shall be a holding company (with the principal assets of such Subsidiary being the Stock of first-tier Foreign Subsidiaries or other Foreign Stock Holding Companies and other assets incidental to its operations and such other assets as permitted by Section 7.21). As of the Closing Date, each of the following entities shall be deemed to be a “Foreign Stock Holding Company”: Visteon Holdings, LLC, Visteon EU Holdings, LLC, Visteon International Holdings, Inc., Visteon European Holdings, Inc., Visteon Global Technologies, Inc., Visteon Holdings Hungary Kft, VIHI, LLC, VEHC, LLC, Visteon Holdings GmbH, Visteon Automotive Holdings, LLC, Infinitive Speech Systems Corp. and SunGlas, LLC.
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Related to Foreign Stock Holding Company

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Public utility holding company means: (1) any company that,

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • parent mixed financial holding company in a Member State means a mixed financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in that same Member State;

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;