Swiss Loan Party definition

Swiss Loan Party means the Swiss Subsidiary Borrower and each Swiss Guarantor.
Swiss Loan Party means (a) any Loan Party that is organized under the laws of Switzerland, (b) any Loan Party that is treated as resident in Switzerland for Swiss Withholding Tax purposes and/or (c) any other Loan Party if, as a result of such Loan Party’s obtaining or maintaining Credit Events hereunder, there is a bona fide risk that any payment hereunder would become subject to taxation for Swiss Withholding Tax purposes.
Swiss Loan Party means any Loan Party incorporated under the laws of Switzerland.

Examples of Swiss Loan Party in a sentence

  • Each Swiss Loan Party is in compliance with the Swiss Non-Bank Rules.

  • Staff recruitment is being strategically targeted to deliver an all-ability curriculum, including a grammar pathway.

  • Each such amount shall be established in accordance with Swiss law and shall be confirmed by the auditors of the relevant Swiss Loan Party based on an interim audited balance sheet.

  • The interest rates provided for in this Agreement with respect to any Swiss Loan Party, including this Section 2.6 are minimum interest rates.

  • The relevant Swiss Loan Party shall arrange for the interim audited balance sheet and the confirmation of the auditors immediately after having been requested to make a payment or the rights under any of the Loan Documents have been asserted in relation to Upstream- or Cross-stream Obligations.

  • Each Swiss Loan Party shall provide to Agent the documents required by law or applicable double taxation treaties for the Lenders to claim a refund of any Swiss Withholding Tax so deducted.


More Definitions of Swiss Loan Party

Swiss Loan Party means a Loan Party or a guarantor of the Obligations which is incorporated in Switzerland or, if different, is considered to be tax resident in Switzerland for Swiss Anticipatory Tax purposes.
Swiss Loan Party means a Loan Party incorporated, organized or otherwise formed in Switzerland.
Swiss Loan Party means a Swiss Borrower and each Loan Party that is organized under the laws of Switzerland (each, a “Swiss Loan
Swiss Loan Party shall have the meaning assigned to such term in Section 1.07(a).
Swiss Loan Party has the meaning assigned to such term in Section 10.01(n)(i).“Syndication Agent” means Bank of America, N.A., in its capacity as Syndication Agent.

Related to Swiss Loan Party

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • Dutch Loan Party means any Loan Party organized under Dutch law.

  • Dutch Borrower means any Borrower that is organized under the laws of the Netherlands.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Swiss Guarantor means a Guarantor incorporated, or for tax purposes resident, in Switzerland.