Irish Loan Party definition

Irish Loan Party means, individually and collectively, any Loan Party (including the Irish Borrower) incorporated under and falling under the jurisdiction of the laws of Ireland.

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Irish Loan Party means a Loan Party incorporated in Ireland.

Irish Loan Party means PTC Therapeutics International Limited (company no. 545830) and any other Loan Party from time to time incorporated under the laws of Ireland.

Examples of Irish Loan Party in a sentence

• Subject to the Perfection Requirements and, in the case of each Irish Loan Party, the Legal Reservations, each Security Document creates in favor of the Lender, a legal, valid and enforceable Lien in the Collateral secured thereby except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity.

• In respect of any Irish Loan Party, the Officer’s Certificate shall further certify that it and each other Loan Party constitute a group of companies for the purposes of section 239 of the Companies Act (Ireland) and that it has done all that is necessary to comply with section 82 of the Companies Act (Ireland) in order to enable such Loan Party to enter into the Loan Documents and perform its obligations under the Loan Documents.

• The prohibition contained in Section 239 of the Irish Companies Act does not apply to this Agreement or the transactions contemplated thereby by reason of the fact that each Irish Loan Party and each other company whose liabilities are hereby guaranteed are members of a group of companies consisting of a holding company and its subsidiaries for the purposes of Section 243 of the Irish Companies Act.

• No Irish Loan Party shall change its residence for Tax purposes without prior notice to the Agent.

• In respect of an Irish Loan Party, the guarantee under this Article VII does not apply to any liability to the extent that it would result in this guarantee constituting unlawful financial assistance within the meaning of Section 82 and/or Section 239 of the Irish Companies ▇▇▇ ▇▇▇▇ (as amended).

More Definitions of Irish Loan Party

Irish Loan Party means any Loan Party incorporated or organized under the Laws of Ireland. For the avoidance of any doubt, Signet Ireland is the only Irish Loan Party as of the Fourth Amendment Effective Date.

Irish Loan Party means Clovis Ireland and any Irish Subsidiary that becomes a Loan Party after the execution of this Agreement.

Irish Loan Party means any of the Irish Borrower and each Irish Guarantor. “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: (a) a bank carrying on a bona fide banking business in Ireland within the meaning of section 246 of the Irish TCA with which the interest payments are connected; or

Irish Loan Party means a Loan Party incorporated under the laws of Ireland. “Irish Security Documents” shall mean the Irish Debenture and the Irish Share Charge.

Irish Loan Party means each Irish Subsidiary that is a Borrower or a Subsidiary Guarantor. “Irish Pension Scheme” has the meaning assigned to such term in the definition of “ERISA Event”. “Irish Security Documents” means the Irish Debenture, the Irish Share Charge and any other pledge or security agreement governed by the laws of Ireland entered into by any Loan Party (as required by this Agreement or any other Loan Document). “Irish Share Charge” means that certain Irish law share charge (including any and all supplements thereto) with respect to the shares in Operand Pharmaceuticals HoldCo I Limited, dated as of the Effective Date, between Endo US Holdings Luxembourg I S.a.r.l. and the Collateral Agent, for the benefit of the Secured Parties. “Irish Subsidiary” means any Restricted Subsidiary that is incorporated under the laws of Ireland. “ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. “Issuing Bank” means solely with respect to standby Letters of Credit, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA and its successors in such capacity as provided in Section 2.06; provided that, solely with respect to the Existing Letters of Credit, each issuer thereof shall be deemed to be an Issuing Bank (and each reference in this Agreement to the “Issuing Bank” solely when made in respect of the Existing Letters of Credit, shall be deemed to refer to each issuer thereof). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. “Japanese Yen” or “¥” means the lawful currency of Japan. “Latest Maturity Date” means, at any date of determination, the latest Maturity Date applicable to any Loan or Commitment hereunder at such time, including the latest maturity date of any Other Refinancing Term Loan, any Other Refinancing Term Commitment, any Other Refinancing Revolving Commitment, any Other Term Loan, any Extended Term Loan, any Extended Commitment, any Incremental Term Loan or any Incremental Revolving Commitments, in each case as extended in accordance with this Agreement from tim...

Irish Loan Party means, Upland Software Interfax Ireland Limited, a private company limited by shares incorporated under the laws of Ireland, and each other Subsidiary (other than any Excluded Subsidiary) incorporated under the laws of Ireland that becomes a Guarantor.

Irish Loan Party means each Loan Party incorporated or otherwise existing under the laws of Ireland. (k) “Irish Pension Plan” means any occupational pension scheme established in Ireland which is not a defined contribution scheme (as defined in section 2 of the Pensions Act 1990 of Ireland). (l) “Irish Perfection Requirements” means with respect to any Loan Document governed by the laws of Ireland or any Irish Loan Party, the making or the procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any such Loan Document (and/or any Liens created under it) necessary for the validity, enforceability (as against the relevant Loan Party or any relevant third party) and/or perfection of that Loan Document. (m) “Irish Qualifying Lender” means a Lender or Participant, as the case may be, which is beneficially entitled to interest payable to a Lender in respect of an advance under a Loan Document which is not an Associated Entity of an Irish Borrower that is a Tax Haven Lender and which is: (i) a bank, within the meaning of section 246(1) TCA which is carrying on a bona fide banking business in Ireland for the purposes of section 246(3)(a) TCA; or (ii) a body corporate: (A) which is resident for the purposes of tax in a Relevant Territory (residence for these purposes is to be determined in accordance with the laws of the Relevant Territory of which the Lender claims to be resident) where that Relevant Territory imposes a tax that generally applies to interest receivable in that Relevant Territory or where that Relevant Territory provides for a remittance basis of taxation and interest payable under this Agreement is payable into an account located in that Relevant Territory by bodies corporate from sources outside that Relevant Territory; or