Examples of Luxembourg Loan Parties in a sentence
It is further expressly accepted and confirmed that, notwithstanding the foregoing or anything to the contrary in the Loan Documents, each of the Luxembourg Loan Parties shall not grant any guarantee or security other than in respect of the liabilities owed by any holding company, subsidiary, or fellow subsidiary, or any other company which belong to their group of companies.
As of the date of this Agreement there is no judicial decision pursuant to which the Luxembourg Loan Parties would be subject to any Insolvency Proceeding.
None of the Luxembourg Loan Parties shall do anything to change the location of its center of main interests for the purposes of article 3(1) of Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast), to a jurisdiction other than Luxembourg or to open an establishment in any jurisdiction other than Luxembourg.
The balances in the US Collection Accounts in the case of US Loan Parties, the balances in the Belgian Collection Accounts in the case of Belgian Loan Parties, and the balances in the Luxembourg Collection Accounts in the case of Luxembourg Loan Parties as of the end of a Business Day shall be applied to the Obligations of such Borrower or Borrowers at the beginning of the next Business Day during any Cash Dominion Event.
The balances in the US Collection Accounts in the case of US Loan Parties, the balances in the Belgian Collection Accounts in the case of Belgian Loan Parties, and the balances in the Luxembourg Collection Accounts in the case of Luxembourg Loan Parties as of the end of a Business Day shall be applied to the Obligations of such Borrower or Borrowers at the beginning of thenext Business Day during any Cash Dominion Event.
Xxxxxx Xxxxx Title: Executive Director Luxembourg Loan Parties: Customary formalities certificate, in form and substance to be agreed and based substantially on the requirements set forth for each of the Loan Parties pursuant to Section 4(a)(ii) of the Amendment.
Snell & Wilmer, L.L.P., Nevada counsel to the Loan Parties, (C) Maples and Calder, Cayman Islands counsel to the Loan Parties, and (D) DLA Piper Luxembourg S.à r.l., Luxembourg counsel to the Loan Parties, with respect to the capacity of the Luxembourg Loan Parties to enter into the Loan Documents and subsistence of security interest, in each case in form and substance reasonably satisfactory to the Term Loan B Agent.