Common use of Non-Bank Rules Clause in Contracts

Non-Bank Rules. In so far as it is a Swiss Borrower, it is at all times in compliance with the Non-Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this Section, each Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lenders).

Appears in 2 contracts

Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Owens-Illinois Group Inc)

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Non-Bank Rules. In so far as it is a Each Swiss Borrower, Obligor shall ensure that it is at all times in compliance with the Non-Bank Rules. For the purpose of its compliance with the 20 Non-Bank Rules Rule under this SectionSection 7.22, each Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders Lenders under this Agreement which are not Swiss Qualifying Banks or Qualifying Intragroup Creditors is 10 shall be deemed to be ten (10) (irrespective of whether or not there are, at any time, any such lendersLenders).

Appears in 1 contract

Samples: Loan Agreement and Guaranty (ADC Therapeutics SA)

Non-Bank Rules. In so far as it is a Swiss Borrower, it is at all times in compliance with the Non-Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this Section, each Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lenders).

Appears in 1 contract

Samples: Credit Agreement (Owens-Illinois Group Inc)

Non-Bank Rules. In so far as it is a The Swiss Borrower, it is Borrower shall ensure that at all times it is in compliance with the Non-Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this SectionSection 11.2(o), each the Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders Lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lendersLenders).. ​ ​ ​

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

Non-Bank Rules. In so far as it is a The Swiss Borrower, it is Borrower shall ensure that at all times it is in compliance with the Non-Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this SectionSection 11.2(o), each the Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders Lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lendersLenders).

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

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Non-Bank Rules. In so far as it is a The Swiss Borrower, it Borrower is at all times in compliance with the Non-Non- Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this SectionSection 10.1(v), each the Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders Lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lendersLenders).. ​ ​

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

Non-Bank Rules. In so far as it is a The Swiss Borrower, it Borrower is at all times in compliance with the Non-Bank Rules. For the purpose of its compliance with the Non-Bank Rules under this SectionSection 10.1(v), each the Swiss Borrower shall assume that in relation to the Multicurrency Revolving Facility or any Additional Facility the aggregate maximum number of lenders Lenders which are not Qualifying Banks or Qualifying Intragroup Creditors is 10 (irrespective of whether or not there are, at any time, any such lendersLenders).

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

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