Common use of Centre of Main Interests and Establishment Clause in Contracts

Centre of Main Interests and Establishment. (a) The Master Issuer represents to the Master Issuer Security Trustee that its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and it does not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England. (b) The Master Issuer undertakes to conduct its business and affairs such that, at all relevant times, its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations will be and remain in England and it will not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England.

Appears in 4 contracts

Samples: Master Issuer Deed of Charge (Holmes Funding LTD), Master Issuer Deed of Charge (Holmes Master Issuer), Master Issuer Deed of Charge (Permanent Funding (No. 2) LTD)

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Centre of Main Interests and Establishment. (a) The Master Issuer Funding 1 represents to the Master Issuer Funding 1 Security Trustee that its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and it does not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England. (b) The Master Issuer Funding 1 undertakes to conduct its business and affairs such that, at all relevant times, its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations will be and remain in England and it will not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England.

Appears in 4 contracts

Samples: Deed of Charge, Deed of Charge, Deed of Charge

Centre of Main Interests and Establishment. (a) The Master Issuer represents to the Master Issuer Security Trustee that its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and it does not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England. (b) The Master Issuer undertakes to conduct its business and affairs such that, at all relevant times, its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations will be and remain in England and it will not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England.

Appears in 4 contracts

Samples: Supplemental Issuer Deed of Charge, Supplemental Issuer Deed of Charge, Supplemental Issuer Deed of Charge

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Centre of Main Interests and Establishment. (a) The Master Issuer Funding 2 represents to the Master Issuer Funding 2 Security Trustee that its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and it does not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England. (b) The Master Issuer Funding 2 undertakes to conduct its business and affairs such that, at all relevant times, its "centre of main interests" for the purposes of the Insolvency Regulation and the UNCITRAL Implementing Regulations will be and remain in England and it will not have any "establishment" (as defined in the Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England.

Appears in 3 contracts

Samples: Collateral Security Agreement, Funding Deed of Charge, Deed of Charge (Permanent Funding (No. 2) LTD)

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