Luxembourg Borrower definition

Luxembourg Borrower has the meaning specified in the introductory paragraph hereto.

Luxembourg Borrower means any Luxembourg Subsidiary that becomes a Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Subsidiary Borrower pursuant to such Section.

Luxembourg Borrower any Borrower whose registered office/place of central administration is in Luxembourg and whose centre of main interests (as that term is used in Article 3(1) of Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast)) is in Luxembourg.

Examples of Luxembourg Borrower in a sentence

• All the legal requirements of the Luxembourg law of May 31, 1999, as amended, regarding domiciliation companies have been complied with by the Luxembourg Borrower.

• The Luxembourg Borrower shall not be required to pay or indemnify any Lender or the Agents for any registration duties (droits d’enregistrements) pertaining to the registration of a Loan Document if such registration is not required to preserve the rights of any such Lender or Agent.

• In the case of a Luxembourg Borrower, it shall maintain its registered office, its central administration, within the meaning of the Luxembourg law of August 10, 1915 on commercial companies, as amended, and Luxembourg domestic tax laws, and the centre of its main interests, within the meaning of Council Regulation EC 1346/2000 of May 29, 2000 on insolvency proceedings, in Luxembourg.

• The Administrative Agent shall have received a solvency certificate from a Financial Officer of each Borrower (other than the Dutch Borrowers, the UK Borrowers and the Irish Borrower, which shall provide a representation as to solvency in a director’s or similar certificate) or, in the case of the Luxembourg Borrower, from the authorised signatory of the Luxembourg Borrower.

• Notwithstanding anything in this Agreement to the contrary, until such time as the actions described in Section 5.16(b) shall have been completed, no Loan Party shall engage in any transaction or take any of the other corporate (or other organization) action of the types described in Sections 6.03, 6.04, 6.05 or 6.09 with the Luxembourg Borrower and the organizational activities and operations of the Luxembourg Borrower shall be limited to those which it carries on as of the Effective Date.

More Definitions of Luxembourg Borrower

Luxembourg Borrower means a Designated Borrower that is organized, incorporated or formed under the laws of Luxembourg.

Luxembourg Borrower means a Subsidiary Borrower that (i) is organized under the laws of Luxembourg, (ii) has its center of main interests, within the meaning of the Insolvency Regulation, in Luxembourg or (iii) has an establishment, within the meaning of the Insolvency Regulation, in Luxembourg.

Luxembourg Borrower shall have the meaning set forth in the Preamble.

Luxembourg Borrower shall have the meaning assigned to such term in the introductory statement to this Agreement.

Luxembourg Borrower means OD International (Luxembourg) Finance S.À X.X., a private limited liability company (a société à responsabilité limitée) incorporated under the laws of Luxembourg, having its registered office at 0X, xxx Xxxxxxx Xxxxxxx, L-5365 Munsbach and registered with the Luxembourg Trade and Companies Register under number B 93.853.

Luxembourg Borrower as applicable, a “European Borrower” or a “Borrower” for purposes of this Agreement or any other Loan Document, but shall continue to constitute a “Loan Guarantor” for purposes of this Agreement and the other Loan Documents until released from its obligations under its Loan Guaranty in accordance with clause (viii) of the proviso in Section 9.02(b).

Luxembourg Borrower means OD International (Luxembourg) Finance S.À R.L., a private limited liability company (a société à responsabilité limitée) incorporated under the laws of Luxembourg, having its registered office at 6C, rue Gabriel Lippman, L-5365 Munsbach and registered with the Luxembourg Trade and Companies Register under number B 93.853.