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