Insolvency Regulations definition

Insolvency Regulations means The Council of The European Union Regulation No. 1346/2000 on Insolvency Proceedings;

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Insolvency Regulations means regulations made under this Act and in force;

Insolvency Regulations the Council Regulation (EC) No. 1346/2000 29 May 200 on Insolvency Proceedings (as defined therein).

Examples of Insolvency Regulations in a sentence

• The Borrower shall ensure that it does not have a Center of Main Interests (as defined in EU Insolvency Regulations) in the European Union.

• For the purposes of The Council of the European Union Regulation No. 1346/2000 on Insolvency Proceedings (the “EU Insolvency Regulation”), with respect to each Loan Party incorporated within the European Union, its “centre of main interest” (as that term is used in Article 3(1) of the EU Insolvency Regulation) is situated in its jurisdiction of incorporation and it has no “establishment” (as that term is used in Article 2(h) of the EU Insolvency Regulations) in any other jurisdiction.

• In each case, the parties agree that the method of valuation provided for in this Deed shall constitute a commercially reasonable method of valuation for the purposes of the Insolvency Regulations.

• The centre of main interest (as that term is used in the UK Cross Border Insolvency Regulations 2006) of the Guarantor is situated in England and Wales and it has no “establishment” (as that term is used in the UK Cross Border Insolvency Regulations 2006) in any other jurisdiction.

• To the extent that the provisions of Part 7 of the Insolvency Regulations apply to the Security Assets, the Security Agent shall, at any time whilst an Acceleration Event is continuing, have the right to appropriate all or any part of such Security Assets in or towards discharge of the Secured Liabilities.

• The "centre of main interest" (as that term is used in the Cross Border Insolvency Regulations 2006) of each UK Loan Party is situated in its jurisdiction of incorporation and none of them have an "establishment" (as that term is used in the Cross Border Insolvency Regulations 2006) in any other jurisdiction.

• The Contractor also agrees to include the requirements of Section 107 of the Act in each subcontract.

• The “centre of main interest” (as that term is used in the Cross Border Insolvency Regulations 2006) of each UK Borrower is situated in its jurisdiction of incorporation and none of them have an “establishment” (as that term is used inthe Cross Border Insolvency Regulation 2006) in any other jurisdiction.

• The “centre of main interest” (as that term is used in the Cross Border Insolvency Regulations 2006) of each UK Loan Party is situated in its jurisdiction of incorporation and none of them have an “establishment” (as that term is used in the Cross Border Insolvency Regulations 2006) in any other jurisdiction.

• The Borrower shall 24003901218-v5 80-40605773 ensure that it does not have a Center of Main Interests (as defined in EU Insolvency Regulations) in the European Union.

More Definitions of Insolvency Regulations

Insolvency Regulations means the ADGM Insolvency Regulations 2015 (as amended);

Insolvency Regulations means the EU Insolvency Regulation and the UK Insolvency Regulation.

Insolvency Regulations means the Abu Dhabi Global Market Insolvenc y Regulations 2015;

Insolvency Regulations the Council Regulation (EC) No. 1346/2000 29 May 200 on Insolvency Proceedings (as defined therein). “Insolvent”: pertaining to a condition of Insolvency. “Intellectual Property”: as defined in Section 5.9. “Intercompany Subordinated Indebtedness”: with respect to any Loan Party, Indebtedness owed by such Loan Party to the MLP or any Subsidiary that is subject to a subordination agreement substantially in the form of Exhibit H-1. “Interest Payment Date”: (a) with respect to any Base Rate Loan or Prime Rate Loan (including, for the avoidance of doubt, any Swing Line Loan), (i) prior to the Dollar Working Capital Facility Maturity Date, the Multicurrency Working Capital Facility Maturity Date or the Acquisition Facility Maturity Date, as applicable, the first Business Day of each month and (ii) the Dollar Working Capital Facility Maturity Date, the Multicurrency Working Capital Facility Maturity Date or the Acquisition Facility Maturity Date, as applicable, (b) with respect to any Eurocurrency Loan, the last day of each Interest Period with respect thereto and, with respect to any Eurocurrency Loan having an Interest Period of six (6) months, the last day of such Interest Period and the date which is three (3) months after