Common use of COMI Clause in Contracts

COMI. No Subsidiary of any Loan Party whose jurisdiction of incorporation or organization is in a member state of the European Union shall change its “centre of main interests” (as that term is used in Article 3(1) of the Regulation).

Appears in 2 contracts

Sources: Loan and Security Agreement (Mesoblast LTD), Loan and Security Agreement (Mesoblast LTD)

COMI. No Subsidiary of any Loan Party whose jurisdiction of incorporation or organization is in a member state of the European Union or the UK shall change its “centre of main interests” (as that term is used in Article 3(1) of the Regulation or the UK Regulation, as applicable).

Appears in 1 contract

Sources: Loan Agreement and Guaranty (Mesoblast LTD)