Common use of Centre of Main Interest Clause in Contracts

Centre of Main Interest. The "centre of main interests" (as that term is used in the Council Regulation (EC) n°1346/2000 of 29 May 2000 on insolvency proceedings) of the Borrower is in Luxembourg, and the Borrower (other than the Swiss Branch) has not any "establishment" (as that term is used in the Council Regulation (EC) n°1346/2000 of 29 May 2000 on insolvency proceedings) outside Luxembourg. All the legal requirements of the Luxembourg law of 31 May 1999, as amended, regarding the domiciliation companies have been complied with by the Borrower.

Appears in 3 contracts

Samples: Third Amendment and Restatement Agreement (Pra Group Inc), And Restatement Agreement (Pra Group Inc), Credit Facility Agreement (Pra Group Inc)

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Centre of Main Interest. The "centre of main interests" (as that term is used in the regulation (EU) 2015/848 of the European Parliament and of the Council Regulation (EC) n°1346/2000 of 29 20 May 2000 2015 on insolvency proceedingsproceedings (recast) (the “Insolvency Regulation”)) of the Borrower is in Luxembourg, and the Borrower (other than the Swiss Branch) has not any "establishment" (as that term is used in the Council Regulation (EC) n°1346/2000 of 29 May 2000 on insolvency proceedingsInsolvency Regulation) outside Luxembourg. All the legal requirements of the Luxembourg law of 31 May 1999, as amended, regarding the domiciliation companies have been complied with by the Borrower.

Appears in 3 contracts

Samples: Facilty Agreement (Pra Group Inc), Fourth Amendment and Restatement Agreement (Pra Group Inc), Pra Group Inc

Centre of Main Interest. The Its "centre of main interests" (as that term is used in the Council Regulation (EC) n°1346/2000 of 29 May 2000 on insolvency proceedingsArticle 3(1) of The Council of the Borrower European Union No 1346/2000 on Insolvency Proceedings (the "Regulation")) is in Luxembourg, Luxembourg and the Borrower (other than the Swiss Branch) it has not any no "establishment" (as that term is used in Article 2(h) of the Council Regulation (ECRegulation) n°1346/2000 of 29 May 2000 on insolvency proceedings) outside Luxembourgin any other jurisdiction. All It has its central administration, within the legal requirements meaning of the Luxembourg law of 31 May 199910 August 1915 on commercial companies, as amended, regarding the domiciliation companies have been complied with by the Borrowerin Luxembourg.]

Appears in 2 contracts

Samples: Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

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Centre of Main Interest. The "centre of main interests" (as that term is used in the regulation (EU) 2015/848 of the European Parliament and of the Council Regulation (EC) n°1346/2000 of 29 20 May 2000 2015 on insolvency proceedingsproceedings (recast) (the “Insolvency Regulation”)) of the Borrower is in Luxembourg, and the Borrower (other #10394456/1 than the Swiss Branch) has not any "establishment" (as that term is used in the Council Regulation (EC) n°1346/2000 of 29 May 2000 on insolvency proceedingsInsolvency Regulation) outside Luxembourg. All the legal requirements of the Luxembourg law of 31 May 1999, as amended, regarding the domiciliation companies have been complied with by the Borrower.

Appears in 1 contract

Samples: Pra Group Inc

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