Examples of French Loan Party in a sentence
Notwithstanding anything to the contrary in this paragraph (1), no payment under the Loan Documents shall be made by a French Loan Party on an account opened with a financial institution situated in a Non-Cooperative Jurisdiction.
Each French Loan Party and each Lender hereby acknowledges that the provisions of article 1195 of the French Civil Code shall not apply to it with respect to its obligations under the French Revolving Facility and that it shall not be entitled to make any claim under article 1195 of the French Civil Code.
Notwithstanding anything contrary in this Section 2.18(1), no payment under the Loan Documents shall be made by a French Loan Party on an account opened with a financial institution situated in a Non-Cooperative Jurisdiction.
No payment of fees will be made by a French Loan Party on an account opened with a financial institution situated in a Non-Cooperative Jurisdiction.
References in this Agreement, in respect of any French Loan Party, to (a) “control” includes such term as defined in articles L.233-3 I and II of France’s Commercial Code, as amended, and (b) a “subsidiary” includes any entity of which a relevant Person has direct or indirect control (as defined in Article L.233-3 I and II of France’s Commercial Code), as amended.
Internal displacement due to armed conflict can have significant and long-lasting impacts on the socio-economic development of the displaced families.
The new Lender may, in case of an assignment of rights by an existing Lender hereunder, if it considers it necessary to make such transfer effective as against third parties, arrange for the assignment to be notified by way of signification to any French Loan Party in accordance with Article 1690 of the French Civil Code.
A certified copy of the resolutions of the President (Président) of each French Loan Party approving the entry into and the terms of the Loan Documents to which each French Loan Party is or shall become a party.
An assignee may, in the case of an assignment of rights by an existing Lender hereunder, if it considers it necessary to make the assignment effective as against a French Loan Party, arrange for such assignment to be notified to or acknowledged by such French Loan Party in accordance with article 1324 of the French Code civil.
All references herein in the context of French law or a French Loan Party to: (a) a “guarantee” includes any “cautionnement”, “aval”, any “garantie” which is independent from the debt to which it relates and any type of “sûreté personnelle”; (b) a “security interest” includes any type of security (sûreté réelle) and transfer by way of security; (c) a “moratorium” includes a moratorium under a mandat ad hoc or conciliation procedure in accordance with articles L.