Banco Central do Brasil definition

Banco Central do Brasil means the Central Bank of Brazil.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Banco Central do Brasil significa o Banco Central do Brasil ou qualquer autoridade do Brasil que o suceder em suas funções e no controle da variação cambial;

Banco Central do Brasil. [Brazil's Central Bank] on March 31st, 1998. CLAUSE THIRD. FORM OF FINANCING The amount now substituted, as defined in Item 2.2 of the previous Clause, shall be financed in accordance with the following terms and conditions, through the assumption by the Borrower of the obligations stated in the loan contract executed between the Lender and the Financing Agent, Ericsson Radio Systems AB, in the terms of Item V, of Article 2nd, of the Ministerial Decree No. 857, dated September 11th, 1969. CLAUSE FOURTH. FINANCING CONDITIONS

Examples of Banco Central do Brasil in a sentence

• The Depositary and the Company shall comply with Brazil's Monetary Council Resolution number 1927, in its third article, and agree to furnish the Brazilian Securities Commission (Comissao de Valores Mobiliarios) and the Brazilian Central Bank (Banco Central do Brasil), whenever required information or documents related to the approved ADR program, the Deposited Securities and distributions thereon.

• The Depositary and the Company shall comply with Brazil's Monetary Council Resolution number 1927, in its third article, and agree to furnish the Brazilian Securities and Exchange Commission (Commissao de Valores Mobiliarios, also known as "CVM") and the Brazilian Central Bank (Banco Central do Brasil, also known as "BACEN"), whenever required information or documents related to the approved ADR program, the Deposited Securities and distributions thereon.

• Non-Brazilian investors purchasing International Offered Shares must be authorized to invest in Brazilian securities under the requirements established by the Brazilian Monetary Council (Conselho Monetário Nacional), the Brazilian Securities Commission (Comissão de Valores Mobiliários, the “CVM”) and the Brazilian Central Bank (Banco Central do Brasil, the “Central Bank”), as applicable.

• Any such amount payable under this Section 2.07 shall be converted from Reals into Dollars based on the PTAX selling rate as published by Banco Central do Brasil (BACEN) on the date such reduction of Tax is considered to be realized.

• It is understood that investors residing outside Brazil may purchase the Offered Shares if they comply with the registration requirements established by the Brazilian Monetary Council (Conselho Monetário Nacional), the Brazilian Securities Commission (Comissão de Valores Mobiliários, the “CVM”) and the Brazilian Central Bank (Banco Central do Brasil, the “Central Bank”), each as applicable.

• If Banco Central do Brasil fails to report the PTAX 800 through the SISBACEN system, the parties hereby agree to adopt the rate of sale of the Foreign Currency that ITAÚ is using.

• To the extent this Agreement requires Itau to pay AOLA or AOLB in United States dollars and payment in such currency is prohibited by law, rule or regulation in Brazil, Itau shall instead pay AOLB in Reais at the exchange rate set by Banco Central do Brasil - PTAX 0800 option 5 for the day such payment first becomes due and payable.

• The Depositary and the Company shall comply with Brazil’s Monetary Council Resolution number 1927, in its third article, and agree to furnish the Brazilian Securities and Exchange Commission (Commissao de Valores Mobiliarios, also known as “CVM”) and the Brazilian Central Bank (Banco Central do Brasil, also known as “BACEN”), whenever required, information or documents related to the approved ADR program, the Deposited Securities and distributions thereon.

• The Depositary, the Custodian and the Company shall comply with Brazil’s Monetary Council Resolution No. 1,927, dated as of May 18, 1992, in its third article, paragraph three, of the Regulation Annex V, and agree to furnish to the Banco Central do Brasil and the Comissão de Valores Mobiliários, at any time and observing the established deadline, information or documents related to the ADRs and this Deposit Agreement, the Deposited Securities and distributions thereon.

• Você nos autoriza a compartilhar tais informações sobre você ou sua conta com nossas afiliadas e outros, incluindo agências de relatórios de crédito, agências/empresas de cobrança e outros terceiros (incluindo o Banco Central do Brasil) nos Estados Unidos e no Brasil.

More Definitions of Banco Central do Brasil

Banco Central do Brasil. [Brazil's Central Bank] on March 31st, 1998, corresponding to the installments due, and stated in the Annex 1, which becomes an integrating part of this present Contract, and which shall be updated until March 31st, 1998, as agreed between the Parties, by the LIBOR of 5.62% [five point sixty two per cent] per year, accrued by a spread of 2.540302% [two point five-four-zero-three-zero-two per cent] per year;