Audiovox 2012 Annual Report Download - page 171

“FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date of this Agreement, and any current or future
regulations or official interpretations thereof.
“Federal Funds Effective Rate” shall mean, for any day, the weighted average of the rates on overnight federal funds
transactions with members of the Federal Reserve System arranged by federal funds brokers, as published on the next succeeding
Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published on the next succeeding Business Day, the
average of the quotations for the day of such transactions received by the Administrative Agent from three federal funds brokers of
recognized standing selected by it.
“Fee Letter” shall mean the letter agreement dated February 6, 2012, addressed to the Company from Wells Fargo and WFS, as
amended, modified, extended, restated, replaced, or supplemented from time to time.
“Flood Hazard Property” shall mean any Mortgaged Property that is in an area designated by the Federal Emergency
Management Agency as having special flood or mudslide hazards or any similar requirements or provisions under any foreign
Requirement of Law.
“Florida Project” shall mean a project to consolidate the manufacturing facilities and operations of the Company and its
Subsidiaries in the State of Florida.
“Foreign Borrower” shall have the meaning set forth in the first paragraph of this Agreement.
“Foreign Collateral” shall mean a collective reference to the collateral owned by the Foreign Credit Parties which is identified
in, and at any time will be covered by, the Foreign Security Documents and any other foreign collateral that may from time to time
secure the Foreign Obligations.
“Foreign Credit Party” or “Foreign Credit Parties” shall mean any Credit Party that is not a Domestic Credit Party.
“Foreign Currency” shall mean Euros.
“Foreign Currency Equivalent” shall mean, at any time, with respect to any amount denominated in Dollars, the equivalent
amount thereof in a Foreign Currency as reasonably determined by the Administrative Agent at such time on the basis of the Spot Rate
(determined in respect of the most recent Revaluation Date) for the purchase of such Foreign Currency with Dollars.
“Foreign Currency Revolving Loan” shall mean any Revolving Loan denominated in a Foreign Currency.
“Foreign Currency Sublimit” shall mean the Euro equivalent of $50,000,000.
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