Common use of Central Administration; COMI Clause in Contracts

Central Administration; COMI. For so long as the Parent Borrower is incorporated under the laws of the Netherlands, the Parent Borrower has its central administration (administration centrale) and, for the purposes of the European Insolvency Regulation, the centre of its main interests (centre des intérêts principaux) at the place of its registered office (siège statutaire) in the Netherlands and, as of the Closing Date, has no establishment (as defined in the European Insolvency Regulation) outside the Netherlands.

Appears in 4 contracts

Samples: Credit Agreement (Axalta Coating Systems Ltd.), Credit Agreement (Axalta Coating Systems Ltd.), Credit Agreement (Axalta Coating Systems Ltd.)

AutoNDA by SimpleDocs

Central Administration; COMI. For so long as the Parent Borrower is incorporated under the laws Each of the Netherlands, the Parent Holdings and theThe Dutch Borrower has its central administration (administration centrale) and, for the purposes of the European Insolvency Regulation, the centre of its main interests (centre des intérêts principaux) at the place of its registered office (siège statutaire) in the Netherlands and, as of the Closing Date, has no establishment (as defined in the European Insolvency Regulation) outside the Netherlands.

Appears in 1 contract

Samples: Credit Agreement (Axalta Coating Systems Ltd.)

AutoNDA by SimpleDocs

Central Administration; COMI. For so long as Each of Holdings and the Parent Borrower is incorporated under the laws of the Netherlands, the Parent Dutch Borrower has its central administration (administration centrale) and, for the purposes of the European Insolvency Regulation, the centre of its main interests (centre des intérêts principaux) at the place of its registered office (siège statutaire) in the Netherlands and, as of the Closing Date, has no establishment (as defined in the European Insolvency Regulation) outside the Netherlands.

Appears in 1 contract

Samples: Credit Agreement (Axalta Coating Systems Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!