French Treaty Lender definition

French Treaty Lender means a Lender which: (a) is treated as resident of a French Treaty State for the purposes of the French Treaty; (b) does not carry on business in France through a permanent establishment with which that Lender’s participation in the Loan is effectively connected; (c) is acting from a Lending Office situated in its jurisdiction of incorporation; and (d) fulfills any other conditions which must be fulfilled under the French Treaty by residents of the French Treaty State for such residents to obtain exemption from Tax imposed by France on any payment made by a French Borrower under a Loan Document, subject to the completion of any necessary procedural formalities.
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French Treaty Lender means a Lender which is, on the date a payment of interest becomes due under this Agreement:
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French Treaty Lender means a Lender which is, on the date a payment of interest becomes due under this Agreement: (a) resident (as defined in the appropriate double taxation agreement) in a country with which France has a double taxation agreement giving residents of that country exemption from French taxation on interest; and (b) does not carry on business in France through a permanent establishment. "Qualifying Lender" means a Lender which is both a French Qualifying Lender and a U.K.
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Examples of French Treaty Lender in a sentence

  • French Treaty Lender has the meaning given to it in Clause 18 (Tax Gross Up and Indemnities).

  • The Company may withhold its consent to a French Treaty Lender becoming a Party for any reason.


More Definitions of French Treaty Lender

French Treaty Lender means a Lender which in respect of a payment of interest: (i) is treated as resident of a French Treaty State for the purposes of the French Treaty, (ii) does not carry on business in France through a permanent establishment with which that Lender’s participation in a Loan is effectively connected, (iii) is acting from a Lending Office situated in its jurisdiction of incorporation, and (iv) fulfils any other conditions which must be fulfilled under the French Treaty by residents of the French Treaty State for such residents to obtain exemption from Tax imposed on such payment of interest by France, subject to the completion of any necessary procedural formalities.
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French Treaty Lender has the meaning given to it in Clause 18 (Tax Gross Up and Indemnities). French Tax Code means the Code général des impôts.
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French Treaty Lender means a Lender which:
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French Treaty Lender means, in relation to a payment by a French Obligor under a Finance Document, a Lender which: (i) is treated as resident of a French Treaty State for the purposes of the French Treaty; (ii) does not carry on business in France through a permanent establishment with which that Lender's participation in the Loan is effectively connected; (iii) is acting from a Facility Office situated in its jurisdiction of incorporation; and (iv) fulfils any other conditions which must be fulfilled under the French Treaty by residents of the French Treaty State for such residents to obtain exemption from Tax imposed by France on payments under the Finance Documents, subject to the completion of any necessary procedural formalities. "French Treaty State" means a jurisdiction having a double taxation agreement with France (a "French Treaty"), which makes provision for full exemption from Tax imposed by France on payments under the Finance Documents. "Protected Party" means a Finance Party which is or will be subject to any liability, or required to make any payment, for or on account of Tax in relation to a sum received or receivable (or any sum deemed for the purposes of Tax to be received or receivable) under a Finance Document. "Qualifying Lender" means a Lender which is: (i) in relation to a French Obligor, a French Qualifying Lender, and (ii) in relation to a U.S. Obligor, a U.S. Qualifying Lender. "Tax Credit" means a credit against, relief or remission for, or repayment of any Tax.
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Related to French Treaty Lender

  • UK Treaty Lender means a Lender which:

  • Treaty Lender means a Lender which:

  • UK Treaty State means a jurisdiction having a double taxation agreement (a “UK Treaty”) with the United Kingdom which makes provision for full exemption from tax imposed by the United Kingdom on interest.

  • Irish Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under this Agreement and is:

  • HMRC DT Treaty Passport scheme means the Board of H.M. Revenue and Customs Double Taxation Treaty Passport scheme.

  • UK Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is:

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

  • Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • U.S. Lender means any Lender that is a “United States person” as defined in Section 7701(a)(30) of the Code.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • EC Treaty means the Treaty on the Functioning of the European Union (signed in Rome on 25 March 1957), as amended by the Treaty on European Union (signed in Maastricht on 7 February 1992) and as amended by the Treaty of Amsterdam (signed in Amsterdam on 2 October 1997), as further amended from time to time;

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • UK CRR 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 amended or supplemented from time to time, as it forms part of domestic law in the UK by virtue of the EUWA.

  • Borrower DTTP Filing means an HM Revenue & Customs’ Form DTTP2, duly completed and filed by the relevant Borrower within the applicable time limit, which contains the scheme reference number and jurisdiction of tax residence provided by the Lender to the Borrower and the Administrative Agent.

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • Canadian Tax Act means the Income Tax Act (Canada) and the regulations thereunder, as amended from time to time.

  • Qualifying Bank means any entity, which effectively conducts banking activities as principal purpose with its own infrastructure and staff and which is recognized as a bank by the banking laws in force in the jurisdiction of its incorporation, or if such entity is acting through a branch in a jurisdiction other than the jurisdiction of its incorporation, in the jurisdiction where such branch is located or registered all in accordance with the Swiss Guidelines.

  • Foreign Loan Party means any Loan Party other than a U.S. Loan Party.

  • Dutch Loan Party means any Loan Party organized under Dutch law.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

  • Treaty State means a jurisdiction having a double taxation agreement (a “Treaty”) with the United Kingdom which makes provision for full exemption from tax imposed by the United Kingdom on interest.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Facility Agent has the meaning set forth in the Preamble.

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.