UK Credit Party definition

UK Credit Party means a Credit Party organized under the laws of the United Kingdom.
UK Credit Party means UK Holdco, UK Serviceco and UK Retail;
UK Credit Party means each subsidiary of the US Company, other than any US Credit Party.

Examples of UK Credit Party in a sentence

  • In respect of each UK Credit Party, and for the purposes of The Council of the European Union Regulation No. 1346/2000 on Insolvency Proceedings, its centre of main interest (as that term is used in Article 3(1) of such regulation) is situated in England and Wales and it has no “establishment” (as that term is used in Article 2(h) of such regulation) in any other jurisdiction.

  • Care needs to be taken about leaving documents visible on screen, and suitable password protected screensavers used with appropriate settings.

  • No UK Credit Party nor any of its Subsidiaries is or has at any time (a) been an employer (for the purposes of sections 38 to 51 of the Pensions Act 2004) of an occupational pension scheme which is not a money purchase scheme (both terms as defined in the Pensions Schemes Act 1993); or (b) been “connected” with or an “associate” of (as those terms are used in sections 38 and 43 of the Pensions Act 2004) such an employer.

  • It is understood and agreed that, notwithstanding anything to the contrary set forth in this Section 1.13(a), no U.K. Credit Party shall have any obligation to any Indemnified Person with respect to Indemnified Liabilities relating to Obligations of any U.S. Credit Party.

  • No U.K. Borrower shall have any right to possession of any such asset or to foreclose upon any such asset, whether by judicial action or otherwise, until the Termination Date (in the case of the assets of any Obligor that is a U.S. Credit Party) or the U.K. Termination Date (in the case of the assets of any Obligor that is a U.K. Credit Party).


More Definitions of UK Credit Party

UK Credit Party means any one of such Persons.
UK Credit Party means (a) Purchaser, (b) Ball UK Holdings Ltd., an entity organized under the laws of England and Wales and (c) each other Person organized or formed under the laws of the England and Wales (i) that is or becomes an Other Subsidiary Borrower or (ii) grants security in respect of any Capital Stock owned by it in a Borrower or a Material Subsidiary in accordance with Section 7.12 or Section 7.14, in theeach case of clauses (b) and (c), solely to the extent that such Person remains an Other Subsidiary Borrower or continues to grant security in respect of Capital Stock in accordance with the terms of this Agreement.
UK Credit Party means the UK Borrower, the Parent Guarantor, MSG Investments and each of the Subsidiary Guarantors that are Foreign Subsidiaries.
UK Credit Party means US Company and each of its Subsidiaries.
UK Credit Party means the U.K. Operating Company and any other Guarantor that is formed under the laws of the United Kingdom or any territory thereof.
UK Credit Party means each Person organized or formed under the laws of the England and Wales (i) that is or becomes an Other Subsidiary Borrower or (ii) grants security in respect of any Capital Stock owned by it in a Borrower or a Material Subsidiary in accordance with Section 7.12, in each case, solely to the extent that such Person remains an Other Subsidiary Borrower or continues to grant security in respect of Capital Stock in accordance with the terms of this Agreement.
UK Credit Party has the meaning given to it in the Credit Agreement.