Luxembourg Commercial Code definition

Luxembourg Commercial Code means the Code de Commerce of Luxembourg.
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Luxembourg Commercial Code means the Code de Commerce of Luxembourg. “Luxembourg Companies Act” means the Luxembourg act dated 10 August 1915 on commercial companies, as amended. “Material Adverse Effect” means any event or circumstance that has a material adverse effect on (a) the ability of the Obligors (taken as a whole) to perform their payment obligations under the Loan Documents or (b) the validity or enforceability of this Agreement or the rights or remedies of the Lenders or the Administrative Agent hereunder. “Material Intellectual Property” has the meaning assigned to such term in Section 5.05(b). “Maturity Date” means the date that is five (5) years following the Borrowing Date. “MICSA Revolving Facility Agreement” means that certain Revolving Credit Agreement dated as of October 15, 2020, by and among the Guarantor, the Lenders named therein and The Bank of Nova Scotia as Administrative Agent, as amended, supplemented or otherwise modified. “Minority Shareholder Loans” means Debt of any Restricted Subsidiary or any Borrower Restricted Subsidiary that is issued to and held by an equity owner of such Subsidiary, other than a member of the Restricted Group. “Xxxxx’x” means Xxxxx’x Investors Services, Inc. and any successor to its rating agency business. “Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of ERISA. “Nicaragua” means the Republic of Nicaragua. “Nicaragua Borrower” has the meaning assigned to such term in the first paragraph of this Agreement. “Nicaragua Group” means the Nicaragua Borrower and the Nicaragua Restricted Subsidiaries (if any). “Nicaragua Loans” means each Loan made to the Nicaragua Borrower as part of the Borrowing. “Nicaragua Restricted Subsidiary” means any Restricted Subsidiary that is a Subsidiary of the Nicaragua Borrower. “Nicaragua Significant Subsidiary” means any Significant Subsidiary of the Nicaragua Borrower.
Sample 1
Luxembourg Commercial Code means the Code de Commerce of Luxembourg. “Luxembourg Companies Act” means the Luxembourg act dated 10 August 1915 on commercial companies, as amended. “Mandatory Prepayment Event” means any of the events described in clauses (i), (ii) and (iii) of Section 2.08(a).
Sample 1

Examples of Luxembourg Commercial Code in a sentence

  • The Bank may also retain these documents for a longer period if required by law, notably when appropriate the Bank will retain transaction documents for 10 years to respect its obligations under the Luxembourg Commercial Code.

  • Correction procedures shall be approved by a qualified professional and the City.

  • Identity documents and transaction documents will be retained for at least 10 years from the date of termination of the business relationship, or from the date of execution of the transaction respectively to comply with the Bank’s legal obligations regarding the fight against terrorism and money laundering, and to comply with its obligations under the Luxembourg Commercial Code.

  • In commercial matters, private documents, accepted invoices, correspondence, balance sheets or witness statements are often submitted as evidence, in accordance with article 109 of the Luxembourg Commercial Code.

  • Any activity by the Company contrary to criminal law as well as any serious violation ( contravention grave) by the Company of the provisions of the Luxembourg Commercial Code, of the laws governing commercial companies (including without limitation with respect to any business licence requirement) and of the Financial Sector Act may lead to the liquidation and winding-up of the Company.

  • In Luxembourg, in particular, a duty to store for ten years applies under § 14-16 Luxembourg Commercial Code (Code du Commerce) (particularly to trading books, inventories, opening balance sheets, annual financial statements, commercial correspondence, internal invoices) and for ten years under § 162 (8) and 171 Luxembourg Tax Code (Abgabenordnung) (particularly to accounts, records, management reports, internal invoices, commercial and business correspondence, documents relevant for taxation).

  • As of the Closing Date, after giving effect to the consummation of the Transactions on the Closing Date, the Parent Borrower has not (i) suspended its payments (cessation de paiements) or (ii) lost its financial creditworthiness (ébranlement du crédit) within the meaning of Article 437 of the Luxembourg Commercial Code.

  • Any activity by the Company contrary to criminal law as well as any serious violation (contravention grave) by the Company of the provisions of the Luxembourg Commercial Code, of the laws governing commercial companies (including without limitation with respect to any business licence requirement) and of the Financial Sector Act may lead to the liquidation and winding-up of the Company.

  • The information collected from the program evaluations will be used to make improvements/adjustments to future programs as needed.

  • Lastly, the requirements of the Luxembourg Commercial Code are also applicable, particularly as regards retention periods.

Related to Luxembourg Commercial Code

  • Uniform Commercial Code means the New York Uniform Commercial Code as in effect from time to time.

  • Commercial domicile means the principal place from which the trade or business of the taxpayer is directed or managed.

  • Security Codes are the credentials (such as codes and passwords) that are associated with you and used by us to verify the authenticity of Communications from you. Security Codes are used to access Accounts and to use the Services. The Security Codes include any supplemental or alternative method used to verify the authenticity of Communications that may be offered or presented to you by us from time to time. • “Service(s)” and “Online Banking” are the online banking interface and the banking services described in this Agreement.

  • Criminal Code means the Criminal Code (Canada);

  • Corporations Law means the Corporations Law of the Commonwealth of Australia as applying in each State and Territory of Australia;

  • the United Kingdom means Great Britain and Northern Ireland;

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • Federal financial assistance means any grant, loan, contract (other than a procurement contract or a contract of insurance or guaranty), or any other arrangement by which the Department provides or otherwise makes available assistance in the form of:

  • United Kingdom means Great Britain and Northern Ireland;

  • European Communities means the European Economic Community, the European Coal and Steel Community and the European Atomic Energy Community.

  • European Data Protection Laws means the EU General Data Protection Regulation 2016/679 (“GDPR”) and data protection laws of the European Economic Area (“EEA”) and their member states and the FADP.

  • Canada means the ten provinces of Canada, the Yukon Territory, the Districts and Islands comprising the Northwest Territories of Canada and Nunavut.

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Intellectual Property Security Agreement means the Intellectual Property Security Agreement dated as of the Closing Date among the Loan Parties and the Collateral Agent, granting a Lien in the Intellectual Property and certain other assets of the Loan Parties, as amended and in effect from time to time.