Chilean Securities Market Law definition

Chilean Securities Market Law means Ley 18,045 xx Xxxxxxx de Valores (Chilean Securities Market Law No. 18,045), as amended, and the rules and regulations promulgated pursuant thereto;

Chilean Securities Market Law means Ley 18,045 de Mercado de Valores (Chilean Securities Market Law No. 18,045), as amended, and the rules and regulations promulgated pursuant thereto.

Examples of Chilean Securities Market Law in a sentence

If such securities are offered within Chile, they will be offered and sold only pursuant to General Regulation 336 of the SVS, an exemption to the registration requirements, or in circumstances which do not constitute a public offer of securities in Chile within the meaning of Article 4 of the Chilean Securities Market Law 18,045.
In addition, Moneda covenants to and in favour of the Manager and the Fund that, in its capacity as portfolio manager of the Moneda Fund, Moneda shall use its best efforts and judgment and due care in discharging its duties as portfolio manager of the Moneda Fund under the Chilean Securities Market Law, the Chilean Investment Fund Act and the SVS rules and regulations applicable to Moneda as portfolio manager of the Moneda Fund.
As a result of the above, the indirect participation of CCU, through CCU Inversiones S.A., exceeded two-thirds of VSPT´s shares, therefore, the provisions of article 199 bis of Law N° 18,045, the Chilean Securities Market Law (LMV) apply, which imposes the obligation to initiate, within 30 days from the date of such acquisition, a tender offer for the remaining shares (Offer) under the terms of said regulations.
According to Article 50 bis of the Chilean Securities Market Law, the members of the Directors and Audit Committee must receive an additional remuneration not less than one-third of the fee they receive as directors.
The Circular and the supplement referred to in paragraph 5 below, together with a non-official translation thereof into Spanish will be filed, as required by the Chilean Securities Market Law, with the Superintendencia de Valores y Seguros (“SVS”), with a copy provided to all stock exchanges on which CFR’s shares are currently listed in Chile, and published on CFR’s website http://www.cfr-corp.com.
The following persons are considered under the Chilean Securities Market Law to be related persons:  any entities within the financial conglomerate to which the company belongs;  corporate entities that have, with respect to us, the character of parent company, affiliated companies or subsidiary.
The purpose of the Offer is to comply with the provisions set forth in article 199 bis of the Chilean Securities Market Law (“LMV”), which provides that if, as a result of any acquisition, a person or group of persons with a joint performance agreement, becomes the owner of two-thirds or more of the issued shares with voting rights of a sociedad anónima abierta (publicly-held corporation), it shall make a tender offer to purchase the remaining shares within 30 days from the date of such acquisition.

Related to Chilean Securities Market Law

Securities Market means an established securities market.
Stock Exchange Rules means the applicable rules of any stock exchange upon which Shares are listed;
Canadian Securities Regulatory Authorities means the securities regulatory authorities in each of the provinces and territories of Canada;
Irish Stock Exchange means the Irish Stock Exchange Limited.
Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;
HK Stock Exchange means The Stock Exchange of Hong Kong Limited;
Canadian Securities Regulators means the applicable securities commission or securities regulatory authority in each of the Qualifying Jurisdictions;
Canadian Securities Authorities means the securities commissions or similar authorities in Canada.
Hong Kong Stock Exchange means The Stock Exchange of Hong Kong Limited;
Stock Exchange The Stock Exchange of Hong Kong Limited
Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.
Securities and Futures Ordinance means the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong);
Securities Exchange means, at any time, the registered national securities exchange on which the Corporation’s equity securities are then principally listed or traded, which shall be either the New York Stock Exchange or NASDAQ Global Market (or similar national quotation system of the NASDAQ Stock Market) (“NASDAQ”) or any successor exchange of either the New York Stock Exchange or NASDAQ.
Relevant Stock Exchange for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent.
New York Stock Exchange means the New York Stock Exchange, Inc.
Alternative Stock Exchange means at any time, in the case of the Ordinary Shares, if they are not at that time listed and traded on the ASX, the principal stock exchange or securities market on which the Ordinary Shares are then listed or quoted or dealt in;
recognised stock exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;
National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act or any successor thereto.
Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;
Farmers market means a marketplace which operates seasonally, principally as a common market for Iowa-produced farm products on a retail basis for consumption elsewhere.
Securities Regulators means collectively, the securities regulators or other securities regulatory authorities in the Selling Jurisdictions;
Securities Regulatory Authorities means the securities commission or similar regulatory authority in each province and territory of Canada that is responsible for administering the Canadian securities legislation in force in such jurisdictions;
Designated Stock Exchange Rules means the relevant code, rules and regulations, as amended, from time to time, applicable as a result of the original and continued listing of any Shares or ADSs on the Designated Stock Exchange;
the London Stock Exchange means London Stock Exchange plc;
Recognised Futures Exchange means an international futures exchange which is recognised by the SFC or which is approved by the Manager.
Hague Securities Convention means the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities held with an Intermediary (concluded July 5, 2006).