Center of Main Interests Sample Clauses

Center of Main Interests. With respect to any Credit Party formed, incorporated or organized in the European Union, for the purposes of Regulation (EU) No 2015/848 on insolvency proceedings as amended (the “European Union Regulation”), its center of main interest (as that term is used in Article 3(1) of the European Union Regulation) is situated in its jurisdiction of incorporation, and it has no “establishment” (as that term is used in Article 2(h) of the European Union Regulation) in any other jurisdiction.
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Center of Main Interests. With respect to each Pre-Approved Borrower or Other Non-U.S. Revolving Borrower that is subject to the European Insolvency Regulation, not, without the prior written consent of the Administrative Agent, change its centre of main interest (as that term is used in Article 3(1) of the European Insolvency Regulation) unless it is changing to a centre of main interest located in the same country as the original centre of main interest.
Center of Main Interests. Each Loan Party whose Original Jurisdiction is a member state of the European Union as at the date it executes this Agreement or becomes a Loan Party pursuant to Section 5.12 or Section 5.16, shall (a) take no action which would result in it changing its center of main interest (as that term is used in Article 3(1) of the COMI Regulation) from that of its Original Jurisdiction and (b) create no “establishment” (as that term is defined in Article 2(10) of the COMI Regulation in any other jurisdiction.
Center of Main Interests. Each Person incorporated in the Netherlands shall maintain its center of main interest in the Netherlands for the purposes of the Insolvency Regulation.
Center of Main Interests. Each UK Loan party shall maintain its centre of main interests in England and Wales for the purposes of the Council Regulation (EC) No.1346/2000 of 29 May 2000 on Insolvency Proceedings.
Center of Main Interests. Each Loan Party organized under the Laws of England and Wales or under the Laws of Scotland shall maintain its centre of main interests in England and Wales or Scotland (as the case may be) for the purposes of the Insolvency Regulation.
Center of Main Interests. For the purposes of Regulation (EU) 2015/848 of May 20, 2015 on insolvency proceedings (recast), the center of main interest (as that term is used in Article 3(1) of the Regulation) of each applicable Loan Party is situated in its jurisdiction of incorporation and no Loan Party shall have an establishment (as that term is used in Article 2(10) of the Regulation) in any other jurisdiction.
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Center of Main Interests. No Credit Party which is incorporated in a member state of the European Union shall do anything to change the location of its center of main interests, for the purposes of Council Regulation (EC) No 1346/2000 of 29th May 2000 on insolvency proceedings, from the jurisdiction of its incorporation.
Center of Main Interests. The Issuer conducts its business and affairs so that it has its center of main interests, as that term is used in Article 3(1) of the EU Insolvency Regulation, in Luxembourg, and has no “establishment”, as that term is used in the EU Insolvency Regulation or branch office in any other jurisdiction than Luxembourg.
Center of Main Interests. Each Note Party whose Original Jurisdiction is a member state of the European Union as at the date it executes this Agreement or becomes a Note Party pursuant to Section 5.12 or Section 5.16, shall (a) take no action which would result in it changing its center of main interest (as that term is used in Article 3(1) of the COMI Regulation) from that of its Original Jurisdiction and (b) create no “establishment” (as that term is defined in Article 2(10) of the COMI Regulation in any other jurisdiction.
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