Domestic Person definition

Domestic Person means any “United States person” under and as defined in Section 770l(a)(30) of the Code.

Domestic Person means any “United States person” under and as defined in Section 7701(a)(30) of the Code.

Domestic Person means a Person that is organized under the laws of, or whose property is located in, a jurisdiction within the United States.

Examples of Domestic Person in a sentence

• Domestic Person shall mean an entity organized under the laws of any state of the United States of America or the District of Columbia.

• Each Loan Party will cause (i) 100% of the issued and outstanding Equity Interests of each of its Domestic Subsidiaries (other than Disregarded Domestic Persons), (ii) 65% of the issued and outstanding Equity Interests in each Disregarded Domestic Person and (iii) 65% of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas.

• Domestic Subsidiary shall mean any Subsidiary (other than a Domestic Person that is a Subsidiary of a non-Domestic Person) of any Loan Party that is a Domestic Person.

• Disregarded Domestic Person: any direct or indirect U.S. Subsidiary of the Lead Borrower, substantially all of whose assets consist of Equity Interests in one or more direct or indirect Foreign Subsidiaries.

• In addition, upon the occurrence of an Event of Default, Borrower shall pledge, and shall cause its direct or indirect Subsidiaries to pledge to Agent 100% of the issued shares of any such direct or indirect Subsidiary which is a Domestic Person and 65% of the issued shares of any such direct or indirect Subsidiary which is not a Domestic Person, in each case as may be required by Agent as additional security for the Obligations.

More Definitions of Domestic Person

Domestic Person means any corporation, general partnership, limited partnership or limited liability company that is organized under the laws of the United States of America or any state thereof or the District of Columbia.

Domestic Person means any Person that is organized under the laws of the United States, any state thereof or the District of Columbia.

Domestic Person means any “United States person” under and as defined in Section 7701(a)(30) of the IRC.

Domestic Person means a Person who if a natural person, is a resident of the United States or, if a corporation or other business organization, is organized under the laws of the United States or any political subdivision thereof and has its chief executive office in the United States.

Domestic Person means any Person (a) that is not a “disregarded entity” for U.S. federal income tax purposes and is a “United States person” under and as defined in Section 770l(a)(30) of the Code or (b) that is a “disregarded entity” for U.S. federal income tax purposes and whose regarded owner (for U.S. federal income tax purposes) is a “United States person” under and as defined in Section 770l(a)(30) of the Code.

Domestic Person means:

Domestic Person means an entity organized under the laws of any state of the United States of America or the District of Columbia.