“FSHCO” means any direct or indirect Subsidiary of the Borrower or any Subsidiary of a Guarantor, in each case, which Subsidiary that owns no material assets other than Capital Stock (or, if applicable, Capital Stock and indebtedness) of one or more Foreign Subsidiaries or another FSHCO.

“FSHCO” means any direct or indirect Domestic Subsidiary of the Borrower that has no material assets other than Equity Interests or Indebtedness in one or more direct or indirect Subsidiaries that are “controlled foreign corporations” under Section 957 of the Code.

“FSHCO” means any Subsidiary that owns no material assets other than the Capital Stock (including for this purpose any debt or other instrument treated as equity for U.S. federal income tax purposes) in one or more Foreign Subsidiaries that are CFCs and/or of one or more FSHCOs.

“FSHCO” means any Subsidiary of the Borrower # all or substantially all of the assets of which consist of Equity Interests of, and, if applicable, Indebtedness owing from one or more Foreign Subsidiaries that are CFCs and # whose material activities are limited to those relating to such ownership.

“FSHCO” shall mean any Domestic Subsidiary (including any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes) that owns (directly or indirectly through its Subsidiaries) no material assets other than equity interests or Indebtedness of one or more Foreign Subsidiaries.

“FSHCO” shall mean any Subsidiary that owns no material assets other than the Equity Interests of one or more Foreign Subsidiaries that are CFCs and/or of one or more FSHCOs.

“FSHCO” means any Subsidiary substantially all of whose assets consist of Equity Interests and/or indebtedness of one or more Foreign Subsidiaries.

“FSHCO” shall mean any Subsidiary that owns (directly or indirectly) no material assets other than Equity Interests (or Equity Interests and debt interests) of one or more “controlled foreign corporations” as defined in the Code.

“FSHCO” means any Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries.

“FSHCO” shall mean any Domestic Subsidiary with no material assets other than the capital stock (including, for the avoidance of doubt, any instrument treated as stock for U.S. federal income tax purposes) of one or more Foreign Subsidiaries that are CFCs.