Examples of Foreign Holding Company in a sentence
Expenditure incurred by Foreign Holding Company for CSR activities in India will qualify as CSR spend of the Indian subsidiary if, the CSR expenditures are routed through Indian subsidiaries and if the Indian subsidiary is required to do so as per section 135 of the Act.
The Obligations of the Company and each Designated Borrower that is a Domestic Subsidiary and not a Foreign Holding Company shall be joint and several in nature.
The Indian Operating Company makes dividend or share buyback payments to the Foreign Holding Company, which is used by the latter for servicing the debt.
NAME OF HOLDING COMPANY Name of Holding Company (if applicable)Name of Foreign Holding Company (if applicable) Company Registration NumberCompany Registration Number Date of IncorporationDate of Incorporation BusinessAddress Business Address Tel+Tel+ Fax+Fax+ E-mail E-mail A5.
Foreign Holding Company shall mean any Guarantor which has no material assets or operations, other than the holding of ownership interests in one or more CFCs. Foreign Lender shall mean (i) if the applicable Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (ii) if the applicable Borrower is not a U.S. Person, a Lender that is resident or organized under the Laws of a jurisdiction other than that in which such Borrower is resident for tax purposes.