Centre of Main Interest. For the purposes of The Council of the European Union Regulation No. 1346/2000 on Insolvency Proceedings (the “Regulation”), the centre of main interest (as that term is used in Article 3(1) of the Regulation) of each Luxembourg Loan Party and each Loan Party incorporated under the laws of the Netherlands is situated in, respectively, Luxembourg and the Netherlands and no such party has an “establishment” (as that term is used in Article 2(h) of the Regulations) in any other jurisdiction.
Appears in 2 contracts
Samples: Credit Agreement (Greif Inc), Credit Agreement (Greif Inc)
Centre of Main Interest. For the purposes of The the Council of the European Union Regulation No. 1346/2000 on Insolvency Proceedings (Proceedings, as amended, each Loan Party incorporated or organized under the “Regulation”), laws of a country that is a member of the European Union has its centre of main interest interests (as that term is used in Article 3(1) therein) situated in its jurisdiction of the Regulation) of each Luxembourg Loan Party incorporation and each Loan Party incorporated under the laws of the Netherlands is situated in, respectively, Luxembourg and the Netherlands and it has no such party has an “establishment” (as that term is used in Article 2(h) of the Regulationstherein) in any other jurisdiction.
Appears in 2 contracts
Samples: Senior Secured Debtor in Possession and Exit Asset Based Revolving Credit Agreement (Momentive Performance Materials Inc.), Asset Based Revolving Credit Agreement (Momentive Performance Materials Inc.)
