Luxembourg Qualifying Lender definition

Luxembourg Qualifying Lender in respect of amounts payable by any Luxembourg Borrower, a Lender which is beneficially entitled to interest payable to that Lender in respect of a Loan or Letter of Credit and is (i) lending through (A) an entity tax resident in Luxembourg, or (B) a permanent establishment in Luxembourg to which the relevant interest payment is effectively attributable for tax purposes, (ii) a Luxembourg Exempt Lender or (iii) a Luxembourg Treaty Lender.
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Luxembourg Qualifying Lender means a Lender that fulfils the conditions imposed under the Luxembourg laws of June 21, 2005, implementing the Council Directive 2003/48/EC of June 3, 2003 on taxation of savings income in the form of interest payments and ratifying the treaties entered into by Luxembourg and certain dependent and associated territories of EU Member States and under the Luxembourg law of December 23, 2005 introducing a withholding tax on certain types of interest derived from savings, for the interest payments under this Agreement to be made to it without imposition of Luxembourg Taxes.
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Luxembourg Qualifying Lender means a Lender which is (i) a Luxembourg Treaty Lender or (ii) otherwise fulfils the conditions imposed by Luxembourg law in order for a payment of interest not to be subject to (or as the case may be, to be exempt from) any Luxembourg Tax Deduction, including being entitled to such payments without deduction or withholding required by Luxembourg law dated 23 December 2005-, as amended.
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Examples of Luxembourg Qualifying Lender in a sentence

  • If a New Lender fails to indicate its status in accordance with this Section 2.19(p) then such New Lender shall be treated for the purposes of this Agreement as if it was not a Luxembourg Qualifying Lender, not a UK Qualifying Lender, not a German Qualifying Lender or not at Spanish Qualifying Lender, as applicable, until such time as it notifies the Administrative Agent which category applies (and the Administrative Agent upon receipt of such notification, shall inform the Borrower Representative).


More Definitions of Luxembourg Qualifying Lender

Luxembourg Qualifying Lender means a Lender, irrespective of its tax residency, which in respect of a payment of interest: (i) fulfils the conditions imposed by Luxembourg Applicable Law at the Closing Date in order for such payment not to be subject to (or as the case may be, to be exempt from) any Tax Deduction or (ii) is a Luxembourg Treaty Lender.
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Related to Luxembourg Qualifying Lender

  • UK Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is:

  • 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:

  • Qualifying Lender has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Qualifying Bank means any entity, which effectively conducts banking activities as principal purpose with its own infrastructure and staff and which is recognized as a bank by the banking laws in force in the jurisdiction of its incorporation, or if such entity is acting through a branch in a jurisdiction other than the jurisdiction of its incorporation, in the jurisdiction where such branch is located or registered all in accordance with the Swiss Guidelines.

  • Qualifying Lenders has the meaning specified in Section 2.05(d)(iv).

  • Identified Qualifying Lenders has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Luxembourg Guarantor means any Guarantor incorporated under the laws of the Grand Duchy of Luxembourg.

  • Luxembourg Paying Agent has the meaning set forth in Section 7.18.

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • Qualifying Loans has the meaning specified in Section 2.05(d)(iv).

  • Continuing Lender as defined in Section 2.17(a).

  • New Qualifying Jobs means the total number of jobs to be created by the Applicant after the Application Approval Date in connection with the project that is the subject of its Application that meet the criteria of Qualifying Job as defined in Section 313.021(3) of the TEXAS TAX CODE and the Comptroller’s Rules.

  • New Non-Qualifying Jobs means the number of Non-Qualifying Jobs, as defined in 34 TEXAS ADMIN. CODE Section 9.1051(14), to be created by the Applicant after the Application Approval Date in connection with the project which is the subject of its Application.

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • qualifying holding means a direct or indirect holding in an undertaking which represents 10 % or more of the capital or of the voting rights or which makes it possible to exercise a significant influence over the management of that undertaking;

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

  • qualifying issuer means a reporting issuer in a jurisdiction of Canada that

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche A Term Lender each Lender that has a Tranche A Term Commitment or that holds a Tranche A Term Loan.

  • Qualifying country means a country with a reciprocal defense procurement memorandum of understanding or international agreement with the United States in which both countries agree to remove barriers to purchases of supplies produced in the other country or services performed by sources of the other country, and the memorandum or agreement complies, where applicable, with the requirements of section 36 of the Arms Export Control Act (22 U.S.C. 2776) and with 10 U.S.C. 2457. Accordingly, the following are qualifying countries:

  • Qualifying child means an individual who:

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Qualifying job means a permanent full-time job that:

  • Continuing care retirement community means a residential