This excerpt taken from the LUX 20-F filed Jun 28, 2006.
19.9. No default
(a) No Event of Default is continuing or would reasonably be expected to result from the making of any Utilisation.
(b) No other event or circumstance is outstanding which constitutes a default under any other agreement or instrument which is binding on it or any of its Subsidiaries or to which its assets or the assets of any of its Subsidiaries are subject which is reasonably likely to have a Material Adverse Effect.