Common use of COMI Clause in Contracts

COMI. The “centre of main interests” (within the meaning of the EC Insolvency Regulation) of the Borrower or ▇▇▇▇ ▇▇▇▇▇▇ is at any time not in Luxembourg; or

COMI. The “centre of main interests” (within the meaning of the EC Insolvency Regulation) of the European Borrower or ▇▇▇▇ ▇▇▇▇▇▇ 54th Street is at any time not in Luxembourg; or