Common use of Swedish Terms Clause in Contracts

Swedish Terms. (a) In this Agreement and any other Finance Document, where it relates to an entity incorporated or established under the laws of Sweden or any Transaction Security governed under Swedish law: (i) its constitutional documents include its articles of association (Sw. bolagsordning) and the certificate of registration (Sw. registreringsbevis) issued by the Swedish Companies Registration Office (Sw. Bolagsverket), as in force from time to time; (ii) a “composition”, “compromise”, “assignment” or “similar arrangement” with any creditor includes (A) any write-down of debt (Sw. skulduppgörelse) as a result of the adoption (Sw. antagande), confirmation (Sw. fastställelse) or a cross-class cram-down (Sw. gruppöverskridande cram-down) as part of a restructuring plan (Sw. rekonstruktionsplan) or any other write-down or change of terms such that the creditor is deemed to be an affected party (Sw. berörd part) following from any procedure of företagsrekonstruktion, under the Swedish Reogranisation Act (Sw. lag om företagsrekonstruktion (2022:964)) (the “Swedish Reorganisation Act”) or (B) any write-down of debt in bankruptcy (Sw. ackord i konkurs) under the Swedish Bankruptcy Act (Sw. konkurslag (1987:672)) (the “Swedish Bankruptcy Act”);