Foreign Subsidiary Stock definition

Foreign Subsidiary Stock the Capital Stock of any Foreign Subsidiary.
Foreign Subsidiary Stock means all of the issued and outstanding capital stock of SIE.
Foreign Subsidiary Stock means sixty five percent (65%) of the shares of capital stock, rights to acquire same, or certificates evidencing same, of any one or more Foreign Subsidiaries, now or hereafter beneficially owned by any Debtor or Debtors. In addition, "Foreign Subsidiary Stock" shall include any right, title, and interest of any Debtor in and to any identifiable proceeds of any distribution made by any Foreign Subsidiary to such Debtor, including, without limitation, any distribution of the proceeds of any sale or disposition by any Foreign Subsidiary of all or any part of its assets.

Examples of Foreign Subsidiary Stock in a sentence

  • COLLATERAL 90 7.1 Grant of Security Interest in Canadian Collateral 90 7.2 Grant of Security Interest in U.S. Collateral 91 7.3 Lien on Deposit Accounts; Cash Collateral 92 7.4 Reserved 93 7.5 Other Collateral 93 7.6 Limitations 93 7.7 Further Assurances 93 7.8 Foreign Subsidiary Stock of U.S. Obligors 93 Section 8.

  • On or before sixty (60) days from and after the Closing Date, deliver executed stock power certificates for sixty-five percent (65%) of the shares of the Foreign Subsidiary Stock.

  • The provisions of this Section 5.7 shall apply to Borrower's Subsidiary HEICO International corporation, a U.S. Virgin Islands corporation ("HIC"), and Borrower shall pledge and grant to Agent for the benefit of the Lenders pursuant to the Foreign Subsidiary Stock Pledge Agreement a first priority security interest in 65% of the stock of HIC owned by Borrower.


More Definitions of Foreign Subsidiary Stock

Foreign Subsidiary Stock shall include any right, title, and interest of any Debtor in and to any identifiable proceeds of any distribution made by any Foreign Subsidiary to such Debtor, including, without limitation, any distribution of the proceeds of any sale or disposition by any Foreign Subsidiary of all or any part of its assets.
Foreign Subsidiary Stock means Subsidiary Stock of the following Foreign Subsidiaries: Geophysical Instruments AS (Norway); I/O Cayman Islands, Ltd, (Cayman Islands); I/O Marine Systems Limited (UK); I/O U.K., Ltd. (UK); and Sensor Nederland B.V. (Netherlands).

Related to Foreign Subsidiary Stock

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • Foreign Subsidiary Voting Stock the voting Capital Stock of any Foreign Subsidiary.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.