Domicile of Obligors Sample Clauses

The 'Domicile of Obligors' clause defines the official legal residence or location of the parties responsible for fulfilling obligations under the agreement. This clause typically specifies the jurisdiction or address that will be considered the obligor's domicile for legal and administrative purposes, such as determining where notices should be sent or which court has authority in case of disputes. By clearly establishing the domicile, the clause helps prevent confusion over jurisdictional issues and ensures that all parties know where legal matters related to the agreement will be addressed.
Domicile of Obligors. For purposes of this Annex B, the domicile jurisdiction for any obligor domiciled in a tax haven jurisdiction (Bahamas, Bermuda, the British Virgin Islands, the U.S. Virgin Islands, Jersey, the Cayman Islands, the Channel Islands, the ▇▇▇▇▇▇▇▇ Islands or any other jurisdiction deemed acceptable by the Servicer) shall be deemed to be the jurisdiction of its headquarters or in which a substantial portion of its operations is located or in which a substantial portion of its revenue or value is derived (each as determined in good faith by the Servicer), in each case either directly or through subsidiaries. The domicile jurisdiction for any obligor will be determined by the Servicer, subject to the rights of the Administrative Agent to dispute such determination.
Domicile of Obligors. For purposes of this Annex B, the domicile jurisdiction for any obligor domiciled in a [***][***] (e.g., [***], etc.) shall be deemed to be the jurisdiction of its headquarters or in which the majority of its revenues is derived (as determined in good faith by the Investment Advisor). The domicile jurisdiction for any obligor will be determined by the Investment Advisor. Annex B-3

Related to Domicile of Obligors

  • Release of Obligors Any full or partial release of the liability of Borrower on the Guaranteed Obligations, or any part thereof, or of any co-guarantors, or any other person or entity now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the Guaranteed Obligations, or any part thereof, it being recognized, acknowledged and agreed by Guarantor that Guarantor may be required to pay the Guaranteed Obligations in full without assistance or support of any other party, and Guarantor has not been induced to enter into this Guaranty on the basis of a contemplation, belief, understanding or agreement that other parties will be liable to pay or perform the Guaranteed Obligations, or that Lender will look to other parties to pay or perform the Guaranteed Obligations.