Designated Non-U.S. Affiliate

Example Definitions of "Designated Non-U.S. Affiliate"
Designated Non-U.S. Affiliate. Shall mean any corporation, partnership, joint venture or other business entity, of which not less than 50% of the voting shares are held by the Company or a Subsidiary, or any branch of any such entity, domestic or foreign, whether or not such entity now exists or is hereafter organized or acquired by the Company or an affiliate which: (i) has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the International Component; and (ii) has... Employees working outside of the United States. The Administrator may in its sole discretion provide from time to time that a Designated Non-U.S. Affiliate shall cease to be a Designated Non-U.S. Affiliate. View More
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