Examples of Irish Borrowers in a sentence
Without prejudice to the operation of Section 2.15, provided the Lenders in respect of any Loans to the U.K. Borrower or to any Irish Borrower are U.K. Qualifying Lenders and Irish Qualifying Lenders, respectively, and subject to the completion by any such Lenders of any procedural formalities in respect of such Loans, none of the U.K. Borrower or the Irish Borrowers is required to make any deduction for or on account of Tax from any payment it may make under this Agreement.
The prohibition contained in Section 31 of the Companies Act, 1990 of Ireland does not apply to this Agreement or the transactions contemplated thereby by reason of the fact that the Irish Borrowers and each other company whose liabilities are hereby guaranteed are members of a group of companies consisting of a holding company and its subsidiaries within the meaning of Section 155(1) of the Companies Act, 1963 of Ireland.
The entry into this Agreement by the Irish Borrowers and the performance by the Irish Borrowers of the transactions contemplated hereby and the obligations incurred hereunder by the Irish Borrowers does not constitute the provision of financial assistance by the Irish Borrowers within the meaning of Section 60 of the Companies Act, 1963 of Ireland.
Lender agrees to promptly notify the Irish Borrowers if it ceases to be a Qualifying Lender at any time after the Closing Date.
The Irish Borrowers shall not be required to make an increased payment to Lender under Section 2.18(a) in respect of Taxes imposed by Ireland on a payment of interest on a Loan, if on the date on which the payment falls due such payment could have been made to Lender without any deduction or withholding for or on account of Taxes if Lender was a Qualifying Lender, but on such date Lender is not or has ceased to be a Qualifying Lender (other than as a result of a Change in Law).
The Irish Borrowers shall deliver to the Administrative Agent an opinion of its Irish counsel in a form acceptable to the Administrative Agent which confirms the matters described in Section 6.1.4 with respect to the Irish Borrowers required to be confirmed by the Administrative Agent, and confirms the enforceability under the Laws of Ireland of a judgment rendered against such Irish Borrowers under the Laws of the United States.
Without prejudice to the operation of Section 2.15, provided the Lenders in respect of any Loans to the U.K. Borrower or to any Irish Borrower are U.K. Qualifying Lenders and Irish Qualifying Lenders, respec- tively, and subject to the completion by any such Lenders of any procedural formalities in respect of such Loans, none of the U.K. Borrower or the Irish Borrowers is required to make any deduction for or on account of Tax from any payment it may make under this Agreement.
Agent shall have received opinions of the Loan Parties’ counsel (including, without limitation, opinions of Xxxxxx & Xxxxxxx LLP, as special counsel to certain of the Loan Parties, Xxxxxx, Xxxx, Xxxxxx & Xxxxxxxxxx, LLP, as local Florida counsel to certain of the Loan Parties, and XxXxxx XxxxXxxxxx, as counsel to the Irish Borrowers) each addressed to and, in form and substance satisfactory to, Agent and each Lender.
The entry into by the Irish Borrowers of this Agreement (including, without limitation, the Cross-Guarantee at Article X of this Agreement) and the performance by the Irish Borrowers of the transactions contemplated hereby and the obligations incurred hereunder does not constitute financial assistance within the meaning of Section 60 of the Companies Act, 1963 of Ireland.
For the avoidance of doubt, any provisions hereunder relating to the Irish Borrowers or loans or other extensions of credit to be made by any Lender to the Irish Borrower shall only become effective upon the effectiveness of the Borders Ireland Joinder.