Common use of No Establishment Clause in Contracts

No Establishment. The Borrower shall not knowingly establish an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation outside of the Republic of Ireland, except to the extent that entering into the Finance Documents and the performance of their terms cause it to be resident and which may result in the Borrower creating an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation.

Appears in 3 contracts

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc), Multicurrency Revolving Facility Agreement (Anthracite Capital Inc), Facility Agreement (Anthracite Capital Inc)

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No Establishment. The Borrower shall not knowingly establish an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation outside of the Republic of Ireland, except to the extent that entering into the Finance Documents and the performance of their terms cause it to be resident and which may result in the Borrower creating an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

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No Establishment. The Borrower shall not knowingly establish an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation outside of the Republic of Ireland, (except to the extent that entering into the Finance Documents and the performance of their terms cause it to be resident and resident) which may result in the Borrower creating an "establishment" as that term is used in Article 2(h) of the EU Insolvency Regulation, outside of the Republic of Ireland.

Appears in 1 contract

Samples: Facility Agreement (Anthracite Capital Inc)

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