Centre of Main Interest. For the purposes of The Council of the European Union Regulation No. 2015/848 on Insolvency Proceedings (recast) (the "Regulation"), the centre of main interest (as that term is used in Article 3(1) of the Regulation) of the Borrower is situated outside of the European Union and it has no "establishment" (as that term is used in Article 2(10) of the Regulation) in a European Union country.
Appears in 4 contracts
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Centre of Main Interest. For the purposes of The Council the Regulation (EU) 2015/848 of the European Union Regulation No. 2015/848 Parliament and of the Council of 20 May 2015 on Insolvency Proceedings (recast) (the "“Regulation"”), the centre of main interest (as that term is used in Article 3(1) of the Regulation) of the Borrower each Loan Party that is situated outside organized, incorporated or established in a jurisdiction that is a member of the European Union is situated in its jurisdiction of incorporation or establishment and it has no "“establishment" (” as that term is used in Article 2(10) of the Regulation) in a European Union countryany other jurisdiction.
Appears in 2 contracts
Samples: Credit Agreement (Greif, Inc), Credit Agreement (Greif Inc)
