Security Jurisdiction means each of England, Wales, the Netherlands, Canada, any province thereof, the United States, any State thereof or the District of Columbia, and any other jurisdiction which may be agreed to from time to time by the Borrower and the Agent.
Security Jurisdiction each of (a) the United States, any State thereof and the District of Columbia, (b) England and Wales, (c) Luxembourg (solely with respect to the Lux Borrower) and (d) any other jurisdiction in which any Borrower is organized (solely with respect to such Borrower).
Security Jurisdiction means each of (a) the United States, any State thereof and the District of Columbia, (b) England & Wales, (c) Luxembourg (solely with respect to the Lux Issuer) and (d) any other jurisdiction in which any other entity that is a “Borrower” under the Credit Agreement from time to time is organized (solely with respect to such entity).
Examples of Security Jurisdiction in a sentence
Equity Interests in excess of 65% of the voting capital stock of (A) any Controlled Foreign Subsidiary or (B) any FSHCO and (l) any assets of any Loan Party organized under the laws of Germany, Switzerland, the Netherlands, Belgium, Luxembourg or England and Wales other than the Equity Interests of its direct Subsidiaries organized in any Security Jurisdiction.
Further assurances on security and guarantee to be provided by an Obligor or the Parent in a Security Jurisdiction, subject to Agreed Security Principles.
More Definitions of Security Jurisdiction
Security Jurisdiction means each of (a) the United States, any state thereof and the District of Columbia, (b) solely with respect to Holdings and the Issuers, Canada and the political subdivisions thereof (or any other jurisdiction in which a successor to Holdings or the Issuer (if any) is located or organized), (c) the jurisdiction in which the Co-Issuer (if other than the U.S. or Canada) is organized or located and (d) prior to a Specified Tax Event, (i) solely with respect to the direct Luxembourg holding company (if any) for the Issuer’s primary German subsidiaries (whether or not including other subsidiaries), Luxembourg and the political subdivisions thereof, (ii) Germany and the political subdivisions thereof and (iii) Mexico.
Security Jurisdiction means each of (a) the United States, any State thereof and the District of Columbia, (b) solely with respect to Holdings and the Borrower, Canada and the provinces, territories and political subdivisions thereof (or any other jurisdiction in which a successor to Holdings or the Aggregator Borrower is located or organized), (c) the jurisdiction in which the Co-Borrower (if other than the U.S. or Canada) is organized or located, (d) the jurisdiction in which Intermediate Holdco (if any) is organized or located and (e) prior to a Specified Tax Event, (i) solely with respect to the direct Luxembourg holding company (if any) for the Borrower’s primary German subsidiaries (on the Closing Date), Luxembourg and the political subdivisions thereof, (ii) Germany and the political subdivisions thereof and (iii) Mexico.
Security Jurisdiction means each of the United Kingdom, the United States and the jurisdiction of incorporation of any Debtor.
Security Jurisdiction means (i) the United States of America, any state thereof or the District of Columbia (the “United States”) and (ii) England and Wales (“England and Wales”).
Security Jurisdiction means each of (a) the United States, any State thereof and the District of Columbia, (b) solely with respect to Holdings and the Lead Borrower, Canada and the provinces, territories and political subdivisions thereof (or any other jurisdiction in which a successor to Holdings or the Lead Borrower is located or organized), (c) the jurisdiction in which the US Co-Borrower (if other than the U.S. or Canada) is organized or located, (d) the jurisdiction in which Intermediate Holdco (if any) is organized or located and (e) (i) solely with respect to the direct Luxembourg holding company (if any) for the Borrower’s primary German subsidiaries (on the Closing Date), Luxembourg and the political subdivisions thereof, (ii) Germany and the political subdivisions thereof and (iii) Mexico.
Security Jurisdiction means each of England, Wales, the Netherlands, Canada, any province thereof, the United States, any State thereof or the District of Columbia, and any other jurisdiction which may be agreed to from time to time by the Borrower and the Agent. “SOFR” means, with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published by the SOFR Administrator on the SOFR Administrator’s Website on the immediately succeeding Business Day. “SOFR Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate). “SOFR Administrator’s Website” means the website of the Federal Reserve Bank of New York, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. “Solvent” means: (i) when used with respect to any Person (other than a UK Loan Party), that as of the date as to which such Person’s solvency is to be measured: (A) the fair saleable value of its assets is in excess of (A) the total amount of its liabilities (including contingent, subordinated, absolute, fixed, matured, unmatured, liquidated and unliquidated liabilities) and (B) the amount that will be required to pay the probable liability of such Person on its debts as such debts become absolute and matured; (B) it has sufficient capital to conduct its business; and (C) it is able to meet its debts as they mature; and (ii) in respect of any UK Loan Party, means: (I) that Person: (A) is able or does not admit inability to pay its debts as they fall due; (B) is not deemed to, or is not declared to be unable to pay its debts under applicable law; (C) by reason of actual or anticipated financial difficulties, has not suspended or threatened making payments on any of its debts; or (D) by reason of actual or anticipated financial difficulties, has not commenced negotiations with one or more of its creditors (excluding any Lenders in their capacity as such) with a view to rescheduling any of its indebtedness; and/or (II) the value of that Person's assets is not less than its liabilities (taking into account contingent and prospective liabilities); and/or (I) no moratorium has been declared in respect of any of that Person's indebtedness (and the ending of a moratorium will not remedy any Event of Default so caused by that moratorium). “Subordinated Debt” means any Indebtedness incurred by Lo...
Security Jurisdiction means the United Kingdom and the United States.