Swiss Obligor definition

Swiss Obligor means a Swiss Borrower or a Swiss Guarantor.

Swiss Obligor means any Obligor incorporated (or otherwise organised) or having its registered office in Switzerland or being resident in Switzerland for purposes of Swiss Withholding Tax.

Swiss Obligor means a Loan Party which is incorporated in Switzerland or, if different, is considered to be tax resident in Switzerland for Swiss Withholding Tax purposes.

Examples of Swiss Obligor in a sentence

• Each Lender undertakes to collaborate with the Swiss Obligor and use its reasonable commercial efforts to timely file a claim for refund of Swiss Withholding Tax.

• If second clause selected, unless an Event of Default then exists, assignments will not be permitted if the number of Lenders to the Swiss Obligor which are not Swiss Qualifying Banks would exceed ten (10).

• In the event Swiss Withholding Tax is refunded to the Lender by the Swiss Federal Tax Administration, the relevant Lender shall forward, after deduction of costs, such amount to the applicable Swiss Obligor.

• Each Swiss Obligor shall at all times ensure that it complies with the Non-Qualifying Bank Rules.

• Each Swiss Obligor shall at all times during the term of this Agreement be in compliance with the Swiss Twenty Non-Bank Rule.

More Definitions of Swiss Obligor

Swiss Obligor means any Obligor incorporated or organised under the laws of Switzerland.

Swiss Obligor means the European Borrower, or a Swiss Guarantor (if any).

Swiss Obligor means each company listed in Part A to the Schedule to this Letter of Indemnification.

Swiss Obligor means Teva Capital.

Swiss Obligor means any obligor on the Securities or a Guarantee formed under the laws of Switzerland.

Swiss Obligor means an Obligor incorporated under the laws of Switzerland.

Swiss Obligor means any Guarantor organized under the laws of Switzerland or, if different, deemed resident in Switzerland for Swiss Withholding Tax purposes.