Common use of Compliance with Swiss Clause in Contracts

Compliance with Swiss. Twenty Non-Bank Rule (a) Each Swiss Obligor is in compliance with the Swiss Twenty Non-Bank Rule. (b) For the purposes of paragraph (a) above, each Swiss Obligor shall assume that the aggregate number of Lenders which are Swiss Non-Qualifying Banks is 10 (ten).

Appears in 4 contracts

Samples: Multicurrency Revolving Credit Facility Agreement (Pra Group Inc), Multicurrency Revolving Credit Agreement (Pra Group Inc), Term and Multicurrency Revolving Credit Facilities Agreement (Pra Group Inc)

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Compliance with Swiss. Twenty Non-Bank Rule (a) Each Swiss Obligor is shall at all times during the term of this Agreement be in compliance with the Swiss Twenty Non-Bank Rule. (b) For the purposes of paragraph (a) above, each Swiss Obligor shall assume that the aggregate number of Lenders which are Swiss Non-Qualifying Banks Bank is 10 (ten).

Appears in 3 contracts

Samples: Multicurrency Revolving Credit Agreement (Pra Group Inc), Term and Multicurrency Revolving Credit Facilities Agreement (Pra Group Inc), Multicurrency Revolving Credit Facility Agreement (Pra Group Inc)

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Compliance with Swiss. Twenty Non-Bank Rule (a) Each Swiss Obligor is in compliance with the Swiss Twenty Non-Bank Rule. (b) For the purposes of paragraph (a) above, each Swiss Obligor shall assume that the aggregate number of Lenders which are Swiss Non-Qualifying Banks is 10 (ten).. #0000000/1 41 (85)

Appears in 1 contract

Samples: Multicurrency Revolving Credit Facility Agreement (Pra Group Inc)

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