Foreign Ownership and Control. Buyer is not a “foreign person” as defined by 31 C.F.R. §800.216 or 22 C.F.R. §120.16 and no foreign person as so defined has “control,” as defined by 31 C.F.R. §800.204, over Buyer or has the authority or ability to establish or direct the general policies or day-to-day operations of Buyer.
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Sources: Purchase Agreement (Cree Inc), Purchase Agreement (Cree Inc)
Foreign Ownership and Control. Buyer Purchaser is not a “foreign person” person as defined by 31 C.F.R. §800.216 C.F.R.§800.216 or 22 C.F.R. §120.16 C.F.R.§120.16 and no foreign person as so defined has “control,” , as defined by 31 C.F.R. §800.204C.F.R.§800.204, over Buyer Purchaser or has the authority or ability to establish or direct the general policies or day-to-day operations of BuyerPurchaser.
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