New Residence definition

New Residence has the meaning assigned to such term in Condition 15 (Substitution).
New Residence means a jurisdiction other than Luxembourg where a company is resident for tax purposes. In addition, any substitution is subject to (a) if required, the Issuer and/or the Guarantor giving prior written notice to, and receiving no objection from, FINMA; and (b) certification being provided by two duly authorized officers of the Issuer stating that the conditions precedent in Condition 9 have been complied with. If the New Issuer is a company resident for tax purposes in a New Residence, the following conditions shall also be met: (a) the Notes then outstanding would constitute legal, valid and binding obligations in the New Residence of such New Issuer; (b) under the applicable laws and regulations in effect at the date of the substitution, the New Issuer would not be obligated to make any withholding or deduction on any payments in respect of the Notes beyond any withholding or deduction already applicable to payments made by the Issuer in respect of the Notes prior to the substitution (in case such withholding or deduction is introduced after a substitution, the following paragraph will apply); and (c) the Subordinated Guarantee or, if applicable, the replacement subordinated guarantee to be provided by the Guarantor according to Condition 9(a)(i) explicitly also guarantees, on a subordinated basis, the payment to the Noteholders of any Additional Amounts payable by the New Issuer at any time after substitution. If the New Issuer is resident for tax purposes in a New Residence, the provisions of Condition 6 shall apply, with the substitution of references to Luxembourg in the definition ofResidency Country” with references to the New Residence. In the event of a substitution, any reference in the Conditions (other than Conditions 3 and 4, in each case with respect to a Solvency Event) to the Issuer shall be a reference to the New Issuer and if the New Issuer is resident for tax purposes in a New Residence, any reference to Luxembourg shall be a reference to the New Residence. Interest ...................................................... Subject to the interest deferral provisions described below, theoutstanding Notes will bear interest at a fixed rate of 4.250% per annum in the Initial Interest Period (the “Initial Rate”) and thereafter, in respect of each Interest Period falling within a ResetPeriod at the relevant Reset Rate of Interest for such Reset Period (together, the relevant “Rate of Interest”), payable annually in arrear on September 4 in e...
New Residence means a Residence which has not been previously occupied. “Non-Qualifying Mortgage” means an mortgage loan which does not conform to

Examples of New Residence in a sentence

  • Best known among these are the Cathedral (Dom), the churches Obere Pfarre and St. Michael, the New Residence (Neue Residenz), and the Old Townhall (Altes Rathaus).Bamberg today has a population of some 70.000 inhabitants.

  • The Kuenburgsaal hall (New Residence) is permitted to accommodate 100 people, and from 5pm 150 people.

  • No refund for the difference between the Entrance Fee for the Residence and the Entrance Fee for the smaller New Residence will be made by Westminster Canterbury.

  • If you transfer to a larger New Residence, you will pay an amount equal to the then-current Entrance Fee for the larger New Residence less the Entrance Fee paid by you for the original Residence.

  • Your new Monthly Services Fee will be prorated based on the number of days in each residence (the original Residence and the New Residence) for the month of your transfer.


More Definitions of New Residence

New Residence means a permanent residence for Employee located in a county served or approved by Employer, which is being constructed for Employee.
New Residence means the Employee’s new principal place of residency (including purchase or rental of home) located in the greater Ann Arbor, Michigan area.
New Residence means a Residence which has not been previously occupied. "Note" means the promissory note or other document or documents executed by
New Residence means a jurisdiction other than Luxembourg where a company is resident for tax purposes.
New Residence means a jurisdiction other than Switzerland where a company is resident for tax purposes. In addition, any substitution is subject to (a) if required, the Issuer giving prior written notice to, and receiving no objection from, FINMA; (b) the Issuer having confirmed with the relevant rating agencies that the proposed substitution will not give rise to a negative change in any published rating of the Loan Notes in effect at such time; and (c) certification being provided by two duly authorized officers of the Issuer stating that the foregoing conditions precedent, among others, have been complied with. In the event of a substitution, any reference in the Conditions (other than Conditions 3 and 4, in each case with respect to a Solvency Event) to the Issuer shall be a reference to the New Issuer and if the New Issuer is resident for tax purposes in a New Residence, any reference to Switzerland shall be a reference to the New Residence. Interest Subject to the interest deferral provisions described below, the Loan Notes will bear interest at:
New Residence means a residence constructed on land which if located within a distressed community has either been vacant for at least two (2) years or is or was occupied by a structure which has been condemned by the local entity in which the structure is located or which, if located outside of a distressed community but within a census block group as described in paragraph 6 or 10 of this section, either replaces a residence forty (40) years of age or older demolished for purposes of constructing a replacement residence, or which is constructed on vacant property which has been classified for not less than forty (40) continuous years as residential or utility, commercial, railroad or other real property;
New Residence means a unit purchased for use as a residence that has not been 6 previously sold for occupancy as a residence. This includes newly constructed units and