Dutch Loan definition

Dutch Loan means a Loan to the Dutch Borrower denominated in U.S. Dollars.
View Source
Dutch Loan. A Construction Holdback Mortgage Loan, for which the amount of interest due and payable from the Mortgagor is calculated in reference to the related Maximum Loan Balance of such Construction Holdback Mortgage Loan as set forth in the related Mortgage Note.
View Source
Dutch Loan means an extension of credit by a Dutch Lender to the Dutch Borrower under Article II in the form of a revolving loan.
View Source

Examples of Dutch Loan in a sentence

  • Each Dutch Loan Party will remain resident for tax purposes in the Netherlands only and not create a permanent establishment or permanent representative outside the Netherlands, unless with the prior written consent of the Agent.

  • Each Dutch Loan Party is in compliance with the Dutch Financial Supervision Act (Wet op het financieel toezicht) and any regulations issued pursuant thereto (including, but not limited to, the Policy Guidelines and Exemption Regulation).

  • No notice under Section 36 of the Tax Collection Act (Invorderingswet 1990) has been given by any Dutch Loan Party.

  • In respect of a Dutch Loan Party, the guarantee under this Article VII (including the contribution requirements under Section 7.02) does not apply to (or, in the case of Section 7.02, will not create) any liability to the extent that it would result in this guarantee constituting unlawful financial assistance prohibited by section 2:98c or 2:207c of the Dutch Civil Code.

  • Each Dutch Loan Party will remain resident for tax purposes in the Netherlands only and not create a permanent establishment or other taxable presence outside the Netherlands, unless with the prior written consent of the Administrative Agent.

  • Opinions of New York counsel for each Loan Party, of British Columbia counsel for each Loan Party formed in Canada, of Dutch Counsel for the Dutch Loan Party, and of Luxembourg counsel for each Loan Party formed in Luxembourg, each in form and substance requested by Agent.

  • Each Dutch Loan Party is resident for Tax purposes in the Netherlands only, and does not have a permanent establishment or other taxable presence outside the Netherlands.

  • Notwithstanding anything in the foregoing to the contrary, no Dutch Loan Party shall guarantee the obligations of any Person (other than those of another Loan Party) in accordance with Section 2:403 of the Dutch Civil Code (or similar arrangements in other jurisdictions).

  • The fiscal unity (fiscale eenheid) for Dutch corporate income tax purposes, if any, shall consist of Dutch Loan Parties only, unless with the prior written consent of the Administrative Agent.

  • As of the date of this Agreement, the fiscal unity (fiscale eenheid) for Dutch corporate income tax purposes consists of Dutch Loan Parties only.