EC Insolvency Regulation definition

EC Insolvency Regulation has the meaning specified in Section 5.01.
Sample 1Sample 2Sample 3
EC Insolvency Regulation. Council Regulation (EC) No.1346/2000 of 29 May 2000 on insolvency proceedings;
Sample 1

Examples of EC Insolvency Regulation in a sentence

  • To the extent that this Law conflicts with an obligation of the United Kingdom under the EC Insolvency Regulation, the requirements of the EC Insolvency Regulation prevail.

  • Prior to the opening of main proceedings, "territorial proceedings" may be opened in England, subject to certain additional conditions set out in Article 3(4) of the EC Insolvency Regulation.

  • Territorial proceedings may, under Articles 36 and 37 of the EC Insolvency Regulation, be converted in effect to secondary proceedings at the request of the liquidator in the main proceedings.

  • These can either be winding up or reorganisation proceedings (as listed for each member state in Annex A of the EC Insolvency Regulation).

  • The Borrower (x) has its “centre of main interests” (within the meaning of European Council Regulation (EC) No. 1346/2000 of May 29, 2000 on insolvency proceedings (the “EC Insolvency Regulation”)) in Luxembourg and (y) has no “establishment” (as such term is used in the EC Insolvency Regulation) outside the Grand-Duchy of Luxembourg.

  • Since 31 May 2002, to the extent that any provisions of insolvency legislation in a member state are inconsistent with the EC Insolvency Regulation, they have ceased to be applicable.

  • The EC Insolvency Regulation is not intended to achieve a wholesale harmonisation of insolvency laws but instead to improve the efficiency and effectiveness of insolvency proceedings with a European cross-border element.

  • The European Borrower (x) has its “centre of main interests” (within the meaning of European Council Regulation (EC) No. 1346/2000 of May 29, 2000 on insolvency proceedings (the “EC Insolvency Regulation”)) in Luxembourg and (y) has no “establishment” (as such term is used in the EC Insolvency Regulation) outside the Grand-Duchy of Luxembourg.

  • The effects of these types of proceedings will be limited to the assets in the member state where the secondary proceedings are opened and the types of proceedings available are limited to the winding up proceedings listed in Annex B of the EC Insolvency Regulation.

  • Where the EC Insolvency Regulation applies, it will determine the European Union member state(s) in which insolvency proceedings can be commenced and the law that will generally govern those insolvency proceedings (subject to a number of exceptions).

Related to EC Insolvency Regulation

  • EU Insolvency Regulation means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast).

  • Insolvency Regulation means the Regulation EU 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast).

  • Solvency II Regulation means Commission Delegated Regulation ((EU No. 2015/35).

  • Insolvency Act means the Insolvency Xxx 0000;

  • Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Spanish Insolvency Law means the restated text of the Spanish Insolvency Law (Ley Concursal) approved by the Royal Decree-Legislative 1/2020, of 5 May, as amended from time to time.

  • Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Financial Insolvency means, with respect to any Named Entity covered under any Coverage Part designated as “included” in the Declarations attached hereto:

  • Regulation CF means Regulation Crowdfunding promulgated under the Securities Act.

  • UK Bribery Act means the Xxxxxxx Xxx 0000 of the United Kingdom, as amended, and the rules and regulations thereunder.

  • Council Regulation means Council Regulation (EC) No. 2100/94 of 27th July 1994 on Community plant variety rights;

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • Applicable Insolvency Laws means all Applicable Laws governing bankruptcy, reorganization, arrangement, adjustment of debts, relief of debtors, dissolution, insolvency, fraudulent transfers or conveyances or other similar laws (including, without limitation, 11 U.S.C. Sections 544, 547, 548 and 550 and other “avoidance” provisions of Title 11 of the United States Code, as amended or supplemented).

  • CRD IV Regulation means Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as the same may be amended or replaced from time to time.

  • Local Bankruptcy Rules means the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware.

  • EC Merger Regulation means the Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings.

  • Privacy Regulations means the Privacy and Electronic Communications (EC Directive) Regulations 2003 as amended in 2004, 2011, 2015 and 2016 and as may be further amended from time to time;

  • primary insolvency jurisdiction means the Contracting State in which the centre of the debtor’s main interests is situated, which for this purpose shall be deemed to be the place of the debtor’s statutory seat or, if there is none, the place where the debtor is incorporated or formed, unless proved otherwise;

  • Security Regulations has the meaning set forth in Section 8.2(a).

  • SEBI ICDR Regulations means Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended;

  • U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

  • Federal Bankruptcy Code means the Bankruptcy Act of Title 11 of the United States Code, as amended from time to time.

  • Capital Adequacy Regulation means any guideline, request or directive of any central bank or other Governmental Authority, or any other law, rule or regulation, whether or not having the force of law, in each case, regarding capital adequacy of any bank or of any corporation controlling a bank.

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.