Examples of UK Insolvency Regulation in a sentence
Please note that neither the EU Regulation on Insolvency Proceedings (2015/848) nor the UK Insolvency Regulation apply to the Special Administration.
The Seller confirms that its "centre of main interests" for the purposes of the EU Insolvency Regulation, UK Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and Wales and that it has no "establishment" (as defined in the EU Insolvency Regulation, UK Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England and Wales.
The COMI test is identical under the Insolvency Regulation and the UK Insolvency Regulation however as the UK is no longer a Member State, there is no restriction on the UK opening parallel proceedings should the UK courts determine that the COMI of the Issuer is in the UK.
The Seller confirms that its "centre of main interests" for the purposes of the UK Insolvency Regulation and the UNCITRAL Implementing Regulations is in England and Wales and that it has no "establishment" (as defined in the UK Insolvency Regulation and the UNCITRAL Implementing Regulations) other than in England and Wales.
For the purpose of the UK Insolvency Regulation, it shall have and maintain its centre of main interest (as that term is used in Article 3(1) of the UK Insolvency Regulation) situated in the jurisdiction of its registered office.
For the purpose of the UK Insolvency Regulation, its centre of main interest (as that term is used in Article 3(1) of the UK Insolvency Regulation) is situated in the jurisdiction of its registered office.
Each Servicer has its centre of main interests (as such term is used in the EU Insolvency Regulation or the UK Insolvency Regulation, as applicable) in its jurisdiction of organization and it has no "establishment" (as such term is used in the EU Insolvency Regulation or the UK Insolvency Regulation, as applicable) outside its jurisdiction of registered office other than in Austria, Belgium, The Netherlands and Switzerland.
The COMI test is identical under the Recast EU Insolvency Regulation and the UK Insolvency Regulation however as the UK is no longer a Member State, there is no restriction on the UK opening parallel proceedings should the UK courts determine that the COMI of the Issuer is in the UK.