Definition of French Qualifying Lender


French Qualifying Lender means a Lender which:(i)fulfils the conditions imposed by the domestic law of France in order for a payment of interest not to be subject to (or as the case may be, to be exempt from) any Tax Deduction; or(ii)is a French Treaty Lender; or(iii)a Lender which is otherwise exempt from any French Tax imposed on interest payments due to that Lender under a Finance Document.

Examples of French Qualifying Lender in a sentence

Any Replacement Lender with respect to the French Facility must be a French Qualifying Lender.