SOUTH KOREA. NOTIFICATIONS
SOUTH KOREA. Notifications
SOUTH KOREA. These country specific provisions apply if both Parties are located in Korea. In such case Section 8.4. of this document shall be replaced as follows:
SOUTH KOREA. Welded carbon steel pipes and tubes hot-rolled carbon steel place; hot-rolled carbon steel sheet and galvanized steel sheet.
SOUTH KOREA. 11.0 ............. 60 Spain (Equities/Bonds).................. 4.5 ............. 60 Spain (Gov't Bonds)..................... 2.5 ............. 60
SOUTH KOREA. The Senior Notes may not be offered, sold and delivered directly or indirectly, or offered or sold to any person for re-offering or resale, directly or indirectly, in South Korea or to any resident of South Korea except pursuant to the applicable laws and regulations of South Korea, including the Financial Investment Services and Capital Markets Act and the Foreign Exchange Transaction Law and the decrees and regulations thereunder. The Senior Notes have not been registered with the Financial Services Commission of South Korea for public offering in South Korea. Furthermore, the Senior Notes may not be re-sold to South Korean residents unless the purchaser of the Senior Notes complies with all applicable regulatory requirements (including but not limited to government approval requirements under the Foreign Exchange Transaction Law and its subordinate decrees and regulations) in connection with their purchase.
SOUTH KOREA. To the extent a Data Controller in Republic of Korea or its Authorized Users intend to enter Personal Data into the Cloud Service, Customer agrees to first obtain the consent of each Data Subject to an International Transfer as contemplated under this Schedule if and to the extent required under the applicable Personal Information Protection Act in Republic of Korea. Customer hereby confirms and commits that it has received the Personal Data and informed the related persons regarding the transfer/process of the Personal Data in accordance with the applicable law.
SOUTH KOREA. The liability of each Guarantor incorporated under the laws of South Korea and any indemnities, obligations or other liabilities contained elsewhere in this Agreement shall not include any liability or obligation which if incurred would constitute (1) unlawful provision of credit pursuant to Clause 542-9 of the Korean Commercial Code; or (2) unfair business practice of a Bank (as defined under the Korean Banking Act) pursuant to Clause 52-2 of the Korean Banking Act.
SOUTH KOREA. NOTIFICATIONS Foreign Asset/Account Reporting Information. South Korean residents must declare all foreign financial accounts (e.g., non-South Korean bank accounts, brokerage accounts, etc.) to the South Korean tax authority and file a report with respect to such accounts if the value of such accounts exceeds KRW 500 million (or an equivalent amount in foreign currency) on any month-end date during a calendar year. The Participant should consult with his or her personal tax advisor to determine how to value the Participant’s foreign accounts for purposes of this reporting requirement and whether the Participant is required to file a report with respect to such accounts. SPAIN
