Qualifying French Lender definition

Qualifying French Lender means (i) a credit institution (établissement de crédit) licensed for the purpose of carrying out credit transactions (opérations de crédit) by the relevant French authorities; (ii) a credit institution (établissement de crédit) having its registered office in a member state of the European Union or in a state which is a party to the treaty on the European Economic Area, so long as the relevant French authorities have been notified in advance by the relevant authority of such state and provided that such credit institution carries out in France only those credit transactions which it is authorized to carry out in its own state; or (iii) a financial institution (établissement financier) having its registered office in a member state of the European Union or in a state which is a party to the treaty on the European Economic Area, which has obtained a certificate from the relevant authority of such state certifying that it meets the conditions required for that purpose by that authority, so long as the relevant French authorities have been notified in advance by the relevant authority of such state and provided that such financial institution carries out in France only those credit transactions which it is authorized to carry out in its own state.
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Qualifying French Lender has the meaning given to that term in Clause 16 (Tax gross-up and indemnities).
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Qualifying French Lender means in relation to a participation in a Loan made by a Lender to a Borrower incorporated in France, a Lender which, at the time it becomes a Lender:
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Examples of Qualifying French Lender in a sentence

  • It is not required to make any deduction for or on account of Tax from any payment it may make under any Finance Document to a Qualifying UK Lender (in the case of a payment by an Obligor incorporated in the United Kingdom, other than Eurotunnel Group UK PLC) or a Qualifying French Lender (in the case of a payment by an Obligor incorporated in France or Eurotunnel Group UK PLC) provided that in each case any procedural formalities are completed, in relation to any Treaty Lender.


More Definitions of Qualifying French Lender

Qualifying French Lender means a Lender or an Affiliate of a Lender designated as a Qualifying French Lender by such Lender which is duly authorized to carry out credit transactions in France pursuant to applicable laws and regulations of France or the European Union.”
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Related to Qualifying French Lender

  • Qualifying Bank means any legal entity which is recognized as a bank by the banking laws in force in its country of organization and which has as its principal purpose the active conduct of banking business and conducts such banking business through its own personnel (which have decision making authority) and on its own premises.

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

  • 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:

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

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

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

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

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

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

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Qualifying Customer means:

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Tranche B Term Loan as defined in Section 2.1.

  • Exiting Lender see Section 2.17.7.

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • Continuing Lenders as defined in the recitals hereto.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50 and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.