Domestic Parent definition

Domestic Parent means Palm, Inc., a Delaware corporation.
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Domestic Parent means any Affiliate incorporated under the laws of the United States, any State thereof or the District of Columbia of which the Borrower is a Subsidiary.
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Domestic Parent means any Affiliate incorporated under the laws of the United States, any State thereof or the District of Columbia of which Tyco US is a Subsidiary.
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Examples of Domestic Parent in a sentence

  • At the time of the liquidating distribution, Domestic Parent will not be a U.S. real property holding company (as defined in § 897(c)(2)) and will not be a former U.S. real property holding corporation the stock of which is treated as a U.S. real property interest for 5 years under § 897(c)(1)(A)(ii).

  • PROPOSED TRANSACTION Domestic Parent will completely liquidate and distribute its assets, including the shares of its subsidiaries, to Foreign D.E., which will be treated as a distribution to Foreign Parent for U.S. federal income tax purposes (the “Transaction”).

  • ForeignD.E. owns all of the stock of Domestic Parent, a domestic corporation that is the parent of a consolidated return group.

  • The liquidating distribution in the Transaction will consist solely of stock of domestic corporations owned by Domestic Parent.

  • Foreign Country = e.g. Switzerland Domestic Country = e.g. Germany Domestic Tax Authorities CFC Domestic Parent Company Shielding Effect • To prevent this, countries are introducing CFC rules.

  • Under the terms of the interest rate swap between Domestic Subsidiary and Domestic Parent, Domestic Subsidiary was required to make a single payment to Domestic Parent equal to Rate 5 per annum, compounding quarterly at three-month LIBOR on the termination of the swap.

  • Furthermore, the PPFs do not define the term “USD LIBOR.”equal to 5.28195 % per annum, compounding quarterly at three-month LIBOR, at termination of the swap.Next, Domestic Parent entered into a fixed-floating interest rate swap with Euro International with respect to a notional amount equal to the principal amount on the CLNs (Amount 4), whereby Domestic Parent paid a fixed amount of Rate 5 to Euro International in exchange for a floating interest rate of 3-month LIBOR.

  • Domestic Parent currently owns directly, indirectly, or a combination thereof, all of the stock of domestic subsidiaries .

  • Domestic Parent and CFC 1 both conduct an NETB, but CFC 2 conducts an ETB.

  • INTL:B04 PLR-120662-04Date:July 26, 2004Tax Year =Foreign Parent =Domestic Parent =Foreign D.E. =Country X =Business A =Business B =Business C =Business D =Business E =Dear :This is in response to a letter dated April 12, 2004, submitted on your behalf by your authorized representative, requesting a ruling regarding the application of § 367(e)(2) of the Internal Revenue Code with respect to a proposed transaction.


More Definitions of Domestic Parent

Domestic Parent has the meaning set forth in the Preamble of this Agreement.
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Domestic Parent means with respect to a foreign
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Domestic Parent means, in the case of any First Tier Foreign Subsidiary, the Borrower or the Domestic Subsidiary that is the direct parent company of such First Tier Foreign Subsidiary.
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Related to Domestic Parent

  • Domestic Partner means an opposite or a same-sex partner who is at least 18 years of age and has met all of the following requirements for at least 6 months:

  • Domestic partnership means an association of two or more persons to carry on as co-owners a

  • Domestic partners means two adults who have registered as

  • Domestic entity means an entity whose internal affairs are governed by the laws of this state.

  • 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.

  • Domestic Company means a company incorporated or organized under the laws of this

  • Domestic Subsidiaries means all Subsidiaries incorporated or organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Domestic septage means either liquid or solid material removed from a septic tank, cesspool, portable toilet, Type III marine sanitation device, or similar treatment works that receives only domestic sewage. Domestic septage does not include liquid or solid material removed from a septic tank, cesspool, or similar treatment works that receives either commercial wastewater or industrial wastewater and does not include grease removed from grease trap at a restaurant.

  • Domestic winery means a place where wines are manufactured

  • Domestic Loan Parties means the Domestic Guarantors.

  • Qualified Subsidiary means a Subsidiary that meets the definition of “a company controlled by its parent company” as defined in Rule 3a-5 under the 1940 Act.

  • U.S. Subsidiary means any Subsidiary that is organized under the laws of the United States of America, any State thereof or the District of Columbia.

  • Immaterial Subsidiaries means those Subsidiaries of the Borrower that are “designated” as Immaterial Subsidiaries by the Borrower from time to time (it being understood that the Borrower may at any time change any such designation); provided that such designated Immaterial Subsidiaries shall collectively meet all of the following criteria as of the date of the most recent balance sheet required to be delivered pursuant to Section 5.01: (a) the aggregate assets of such Subsidiaries and their Subsidiaries (on a consolidated basis) as of such date do not exceed an amount equal to 3% of the consolidated assets of the Borrower and its Subsidiaries as of such date; and (b) the aggregate revenues of such Subsidiaries and their Subsidiaries (on a consolidated basis) for the fiscal quarter ending on such date do not exceed an amount equal to 3% of the consolidated revenues of the Borrower and its Subsidiaries for such period.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Designated Foreign Subsidiaries means all members of the Company Group that are organized under the laws of any jurisdiction or country other than the United States of America that may be designated by the Board or the Committee from time to time.

  • Significant Domestic Subsidiary means any Domestic Subsidiary that is a Significant Subsidiary.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Specified Subsidiaries means any of (i) Intermediate, (ii) Dell, (iii) Denali Finance, (iv) Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree), (v) EMC, (vi) any successors and assigns of any of Intermediate, Dell, Denali Finance, Dell International (until such time as the MD Stockholders and the SLP Stockholders otherwise agree) and EMC, (vii) any other borrowers under the senior secured indebtedness and/or issuer of the debt securities, in each case, incurred or issued to finance the Merger and the transactions contemplated thereby and by the related transactions entered into in connection therewith and (viii) each intermediate entity or Subsidiary between the Corporation and any of the foregoing.

  • Excluded Subsidiaries means any Subsidiary of any Holding Company that is not itself a Holding Company or the Borrower and that is: (a) listed on Schedule 1.02 as of the Closing Date; (b) a CFC or a CFC Holding Company; (c) any not-for-profit Subsidiary; (d) a Joint Venture or a Subsidiary that is not otherwise a wholly-owned Restricted Subsidiary; (e) an Immaterial Subsidiary; (f) an Unrestricted Subsidiary; (g) a Captive Insurance Subsidiary or other special purpose entity; (h) prohibited by any applicable Requirement of Law or contractual obligation from guaranteeing or granting Liens to secure any of the Secured Obligations or with respect to which any consent, approval, license or authorization from any Governmental Authority would be required for the provision of any such guaranty (but in the case of such guaranty being prohibited due to a contractual obligation, such contractual obligation shall have been in place at the Closing Date or at the time such Subsidiary became a Subsidiary and is not created in contemplation of or in connection with such Person becoming a Subsidiary); provided that each such Restricted Subsidiary shall cease to be an Excluded Subsidiary solely pursuant to this clause (h) if such consent, approval, license or authorization has been obtained (it being understood and agreed that no Loan Party or Restricted Subsidiary shall be required to seek any such consent, approval, license or authorization); (i) with respect to which the Borrower (in consultation with the Administrative Agent) reasonably determines that guaranteeing or granting Liens to secure any of the Secured Obligations would result in material adverse tax consequences; (j) with respect to which the Borrower and the Administrative Agent reasonably agree that the cost and/or burden of providing a guaranty of the Secured Obligations outweighs the benefits to the Lenders; (k) a direct or indirect Subsidiary of an Excluded Subsidiary; (l) a Securitization Subsidiary; (m) organized or incorporated outside of the United States or any state, province, territory or jurisdiction thereof, (n) [reserved] and (o) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other permitted Investment that, at the time of such Permitted Acquisition or other permitted Investment, has assumed secured Indebtedness permitted hereunder and not incurred in contemplation of such Permitted Acquisition or other Investment and each Restricted Subsidiary that is a Subsidiary thereof that guarantees such Indebtedness, in each case to the extent (and solely for so long as) such secured Indebtedness prohibits such Restricted Subsidiary from becoming a Guarantor (provided that each such Subsidiary shall cease to be an Excluded Subsidiary under this clause (o) if such secured Indebtedness is repaid or becomes unsecured, if such Restricted Subsidiary ceases to be an obligor with respect to such secured Indebtedness or such prohibition no longer exists, as applicable).

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Material Subsidiaries Subsidiaries of the Borrower constituting, individually or in the aggregate (as if such Subsidiaries constituted a single Subsidiary), a “significant subsidiary” in accordance with Rule 1-02 under Regulation S-X.