Common use of COMI Clause in Contracts

COMI. Except to the extent resulting from a Permitted Transaction or consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld or delayed), with respect to each UK Credit Party subject to the European Insolvency Regulation, its centre of main interest (centre des intérêts principaux) (as that term is used in Article 3(1) of the European Insolvency Regulation) is situated in its jurisdiction of incorporation.

Appears in 2 contracts

Sources: Credit Agreement (BALL Corp), Credit Agreement (BALL Corp)

COMI. Except to the extent resulting from a Permitted Transaction ReorganizationTransaction or consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld or delayed), with respect to each Netherlands Credit Party and each UK Credit Party subject to the European Insolvency Regulation, its centre of main interest (centre des intérêts principaux) (as that term is used in Article 3(1) of the European Insolvency Regulation) is situated in its jurisdiction of incorporation.

Appears in 1 contract

Sources: Credit Agreement (BALL Corp)

COMI. Except to the extent resulting from a Permitted Transaction Reorganization or consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld or delayed), with respect to each Netherlands Credit Party and each UK Credit Party subject to the European Insolvency Regulation, its centre of main interest (centre des intérêts principaux) (as that term is used in Article 3(1) of the European Insolvency Regulation) is situated in its jurisdiction of incorporation.

Appears in 1 contract

Sources: Credit Agreement (Ball Corp)