Foreign Joint Venture means any Restricted Foreign Subsidiary in which the Borrower and its Restricted Subsidiaries own, collectively, less than 100% of the equity interests and designated as such in a written notice to the Administrative Agent by the Borrower, provided that in the event a Restricted Subsidiary not previously designated by the Borrower as a Foreign Joint Venture is subsequently re-designated as a Foreign Joint Venture, (x) such re-designation shall be deemed to be an investment on the date of such re-designation in a Foreign Joint Venture in an amount equal to the product of (i) the net worth of such re-designated Restricted Subsidiary immediately prior to such re-designation (such net worth to be calculated without regard to any guarantee provided by such re-designated Restricted Subsidiary) and (ii) the percentage of capital stock or other equity interests in such Foreign Joint Venture owned by the Borrower or its Restricted Subsidiaries (other than Foreign Joint Ventures) and (y) no Default or Event of Default would result from such re-designation.

Foreign Joint Venture means a joint venture (regardless of the type of entity used to form such joint venture) formed to operate or provide services in a jurisdiction outside of the United States.

Foreign Joint Venture means any Joint Venture of the Borrower and/or its Subsidiaries other than a Domestic Joint Venture.

Examples of Foreign Joint Venture in a sentence

The Vendors shall take all steps and do all things necessary to enable the Purchaser and/or its representatives to carry out the enquiries and the due diligence investigation as provided in Clause 3.1 and to enable the Said Company to be re-instated as a China Company instead of the Foreign Joint Venture Company that is presently registered.
Section 1.956-2(c)(2)) or, in each case, such lesser percentage thereof as is owned directly by the Credit Parties, of each Material Foreign Subsidiary and Material Foreign Joint Venture directly owned by any Credit Party, to be subject at all times to a perfected Lien in favor of the Agent pursuant to the terms and conditions of the Collateral Documents or such other security documents as the Agent shall reasonably request subject in each case only to Permitted Liens.
For purposes of this Section 7.02(u), the term "Foreign Joint Venture" shall not include any such corporation, partnership, limited liability company, joint venture or other entity organized under the laws of Canada or any province thereof.
This agreement complies with "Management of Foreign Joint Venture Enterprise Law of the People's Republic of China" and the Chinese relevant laws and regulations.
The company formed by the SZ JV is called Shandong Sino Gold Fields Zhengyuan Ltd and is being approved as a Sino Foreign Joint Venture under China’s foreign direct investment laws and regulations.

More Definitions of Foreign Joint Venture

Foreign Joint Venture means a Joint Venture that is not organized under the laws of the United States of America, any state or territory thereof or the District of Columbia.

Foreign Joint Venture means each Permitted Joint Venture that (a) is organized under the laws of a jurisdiction other than the United States of America or any state thereof or the District of Columbia, (b) conducts substantially all of its business outside of the United States of America, and (c) has substantially all of its assets outside of the United States of America.

Foreign Joint Venture any joint venture of the Borrower that is not a Domestic Joint Venture, but excluding any Subsidiary of the Borrower.

Foreign Joint Venture means any joint venture with Persons not organized under the laws the United States of America, or any state thereof, or the District of Columbia.

Foreign Joint Venture means a Subsidiary or Affiliate that is not a Domestic Subsidiary.

Foreign Joint Venture means Grupo P.I.

Foreign Joint Venture has the meaning set forth in Section 6.04.