Denmark. Each Dealer represents, warrants and agrees that it has not offered or sold and will not offer, sell or deliver any of the Covered Bonds directly or indirectly in Denmark by way of a public offering, unless in compliance with, as applicable, the Prospectus Regulation, the Danish Consolidated Act no. 931 of 6 September 2019 on Capital Markets, as amended from time to time, and Executive Orders issued thereunder and in compliance with Executive Order No. 1580 of 17 December 2018, as amended, supplemented or replaced from time to time, issued pursuant to the Danish Consolidated Act no. 937 of 6 September 2019 on Financial Business, as amended.
Denmark. The Agreement is subject to the mandatory regulation under the Danish Stock Options Act (the “Act”) for Employees (meaning any person who works under the instructions of the employer and receives consideration in return for personal work) employed by Danish entities. An Employee who is a participant under the Agreement shall receive a separate written statement issued in accordance with mandatory regulation under the Act as an appendix to the Agreement.
Denmark. NOTIFICATIONS
Denmark. No specific provisions.
Denmark. The third paragraph of the Preamble is deleted and replaced with: By installing, copying or using the product or by selecting the "I accept the terms of the License Agreement" radio button below, and the clicking on the "Next" button, you are:
Denmark. If you make or receive overseas payments in excess of DKK250,000, you will be required to file a report with the Danish National Bank. This report is required for statistical purposes only. In addition, if you establish an account holding cash or shares abroad, you must report the account to the Danish National Bank. If the Danish Stock Option Act applies to your grant of Restricted Stock Units, your Restricted Stock Units will not be subject to Sun’s repurchase option upon involuntary termination of employment that is not in breach of contract.
Denmark. Each Dealer represents, warrants and agrees, and each further Dealer appointed under the Programme will be required to represent, warrant and agree, that it has not offered or sold and will not offer, sell or deliver any of the Covered Bonds directly or indirectly in Denmark by way of a public offering, unless in compliance with, as applicable, the Prospectus Regulation, the Danish Consolidated Act no. 931 of 6 September 2019 on Capital Markets, as amended from time to time, and Executive Orders issued thereunder and in compliance with Executive Order No. 1580 of 17 December 2018, as amended, supplemented or replaced from time to time, issued pursuant to the Danish Consolidated Act no. 937 of 6 September 2019 on Financial Business, as amended.
Denmark. The guarantee and indemnity obligations or any third party Collateral of any Danish Note Party under any Notes Document shall be deemed not to be assumed (and any Collateral created in relation thereto shall be limited) to the extent that the same would otherwise constitute unlawful financial assistance within the meaning of §§ 206-212 of the Danish Companies Act (in Danish: selskabsloven).
Denmark. .1 The Danish policy concerning the use of dispersants was taken as a follow-up to the “blow out” in 1978 at the Norwegian oil field Ekofisk in the North Sea. That same year, an expert panel analysed the issue and the resulting general advice was that dispersants should only be used in exceptional cases. The panel comprised all relevant government agencies and ministries as well as people from the university world.
.2 The advice from the expert panel was incorporated into the official Danish oil contingency planning and preparedness plans. At that time, a test was carried out by XXXXXXX (as mentioned in the Bonn Agreement manual) but no further test has been carried out since that time. If Denmark decided to use dispersants, the decision would be taken on the received information from the Admiral Danish Fleet concerning the oil type, the amount, time of the year and the geographical position, in other words decisions would be taken on a case-by-case basis. The use of dispersants for the purpose of cleaning beaches or stony coastlines is limited to protect the biota in the surface layers. Mechanical methods are preferred in view of the toxicity of dispersed oil.
.3 Denmark does not have any requirements for approval and generally accepts dispersants which are approved by 2 or 3 other Bonn Agreement countries and in the list published in the Bonn Agreement (BP 1100 X, Enersperse 1583). Dispersants are used only if mechanical combating is impossible or less suitable. In principle, the “discharge” of dispersants is prohibited. Permits may be granted by the Ministry of the Environment, on the advice of the Danish EPA, after the product has cleared a pre-evaluation by an independent laboratory. The Danish EPA is only inclined to accept the use of chemical dispersants if, for example, human beings are in danger or if larger concentrations of sea fowl or particularly valuable coastal areas are threatened by severe oil pollution incidents or if it is the only way to protect other valuable areas. Normally the Danish EPA oil combating force will already be on the scene and evaluating the use/non-use of dispersants.
Denmark. Aarhus University School of Law English C1 6 III, IV year and Master 2nd semester
