Tax Haven Jurisdiction definition

Tax Haven Jurisdiction means The Bahamas, Bermuda, the British Virgin Islands, the U.S. Virgin Islands, Jersey, the Cayman Islands, the Channel Islands, the Xxxxxxxx Islands or any other jurisdiction reasonably acceptable to the Administrative Agent.
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Tax Haven Jurisdiction means any country that does not have income tax or in which the income tax rate is lower than 20% (as referred to in Article 8th of Law no. 9,779/99 of Brazil or any similar or successor legislation or rules).
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Tax Haven Jurisdiction means (i) any sovereign jurisdiction that is commonly used as the place of organization for an entity for the purpose of reducing or eliminating tax liabilities for such entity, which shall be limited to: the Cayman Islands, Bermuda, the Netherlands Antilles or the Channel Islands or (ii) subject to receipt of Rating Agency Confirmation, any other jurisdiction; provided that if any of the countries listed in clause (i) have a foreign currency rating of less than “Aa2” by Moody’s at the time of purchase, the Collateral Manager shall obtain a Rating Agency Confirmation from Moody’s.
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Examples of Tax Haven Jurisdiction in a sentence

  • Upon any such resignation, the Required Lenders shall have the right, subject to the consent of the Borrower (provided that no Event of Default has occurred and is continuing and that such consent is not to be unreasonably withheld), to appoint a successor, which successor shall not be domiciled in a Tax Haven Jurisdiction.

  • Upon any such resignation, the Required Lenders shall have the right, subject to the consent of the Borrowers (provided that no Event of Default has occurred and is continuing and that such consent is not to be unreasonably withheld), to appoint a successor, which successor shall not be domiciled in a Tax Haven Jurisdiction.


More Definitions of Tax Haven Jurisdiction

Tax Haven Jurisdiction means a country or any subdivision thereof that is a tax haven or adopts a privileged fiscal regime (regime fiscal privilegiado) as defined in Articles 24 and 24-A of Brazilian Law No. 9,430 of December 30, 1996, as amended, and the list of jurisdictions defined in articles 1st and 2nd of Brazilian Normative instruction No. 1,037, of June 4th, 2010, as amended.
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Tax Haven Jurisdiction means (i) any sovereign jurisdiction that is commonly used as the place of organization for an entity for the purpose of reducing or eliminating tax liabilities for such entity, which shall be limited to: the Bahamas, the Cayman Islands, Bermuda, the British Virgin Islands, the Netherlands Antilles, the Netherlands, Luxembourg or the Channel Islands or (ii) upon receipt of Rating Agency Confirmation from Moody’s and S&P, any other jurisdiction.
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Related to Tax Haven Jurisdiction

  • Eligible Jurisdiction means Australia, Canada, Cayman Islands, Germany, Ireland, Luxembourg, New Zealand, Sweden, Switzerland, The Netherlands, the United Kingdom and the United States.

  • Jurisdiction means a province or territory of Canada except when used in the term foreign jurisdiction;

  • Participating Jurisdiction means a jurisdiction with which an agreement is in place pursuant to which it will provide the information required on the automatic exchange of financial account information set out in the Common Reporting Standard.

  • Non-Cooperative Jurisdiction means any foreign country that has been designated as noncooperative with international anti-money laundering principles or procedures by an intergovernmental group or organization, such as the Financial Task Force on Money Laundering, of which the U.S. is a member and with which designation the U.S. representative to the group or organization continues to concur;

  • State means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States.