Colombian Code of Commerce definition

Colombian Code of Commerce means Law Decree 410 of 1971.
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Colombian Code of Commerce means Law Decree 410 of 1971. “Colombian Exchange Ratio” shall mean, for each share of Itaú Colombia Common Stock, a number of shares of CorpBanca Colombia Common Stock equal to (i) the quotient of the Colombian Purchase Price and U.S.$ 2,672 million, multiplied by (ii) the number of outstanding shares of CorpBanca Colombia Common Stock as of the Colombian Effective Time divided by (iii) the number of outstanding shares of Itaú Colombia Common Stock as of the Colombian Effective Time.
Sample 1
Colombian Code of Commerce means Law Decree 410 of 1971. “Colombian GAAP” shall mean generally accepted accounting principles in Colombia as applicable to CorpBanca Colombia and its Subsidiaries (including pursuant to the Circular Básica Contable y Financiera and Decree 2649 of 1993, as such accounting principles may be applied or interpreted by the Colombian Financial Superintendency (Superintendencia Financiera de Colombia) to banks or other financial institutions licensed in Colombia or such other replacement accounting principles as the Colombian Financial Superintendency from time to time as officially interpreted or applied to such banks).
Sample 1

Examples of Colombian Code of Commerce in a sentence

  • If Partner is located in Colombia, Partner expressly accepts and states that it waives the right to withhold any payment to Epicor and the right to claim the payment of the commercial severance as provided in article 1324 of the Colombian Code of Commerce (or successor law).

  • The parties express agree that the termination of the Agreement for any reason will not generate any commercial severance payment as referred in article 1324 of the Colombian Code of Commerce (or successor law).

  • In accordance with Article 260 of the Colombian Code of Commerce, a company will be subordinated or controlled when its decision-making power is submitted to the will of one or more natural or legal persons who will be its controllers, whether directly (where the company will receive the name of an affiliate) or through the intervention of subordinates (where the company will receive the name of a subsidiary).

  • Article 869 of the Colombian Code of Commerce provides that an agreement that is performed in Colombia is subject to Colombian law.

  • Colombia In Colombia, Article 388 of the Colombian Code of Commerce mandates a preemptive right with respect to the issuance of new shares unless such right is waived in a shareholders’ meeting or by means of a written consent or waiver delivered to the company upon approval at the shareholders’ meeting of the dilutive issuance.

  • Except for the Assumed Liabilities, neither Purchaser nor Sub shall assume or be liable for any liabilities, claims or obligations of Seller, related to the Business or the Purchased Assets or otherwise, whether primary or secondary, direct or indirect or absolute or contingent (collectively, the "Excluded Liabilities").

  • This Agreement is a lease agreement under the terms of the Colombian Code of Commerce and Civil Code and, consequently, the Parties agree that in no case shall any obligations and/or rights of any other legal business be assigned to the Agreement.

  • Trust: We believe in our colleagues and their work.Business Group:Organización Terpel S.A., pursuant to the provisions in the Colombian Code of Commerce, has stated its position of control over its subordinate companies before the corresponding Chamber of Commerce.

  • The fact that administrative activities are ample, the political ones, in order to act satisfactorily, and organized distribution of these activities through their own internal organizational structures as, departments, sectors or bodies.

  • Reserves – The balance of reserves is broken down as follows: Legal$ 6,649,268$ 6,649,268Deferred depreciation reserve23,047,14722,396,332Reserve for acquisition of shares1,000,0001,000,000Reserve for future enlargements145,314,171145,314,171Welfare reserve 380,543 380,543 $ 176,391,129$ 175,740,314 Legal reserve – The Colombian Code of Commerce requires companies to appropriate at least 10% of the net income of each year to a legal reserve until such reserve equals to at least 50% of the paid-in capital.

Related to Colombian Code of Commerce

  • Municipal Code of Chicago or "MCC" means the Municipal Code of the City of Chicago.

  • Code of Ordinances means the Code of Ordinances of the City of Polk City, Iowa.

  • Code of Good Practice means the generic codes or the sector codes as the case may be;

  • e-commerce means buying or selling of goods or services including digital products over digital or electronic network;

  • the Gazette means the Botswana Government Gazette;

  • Code of Practice means the Code Administration Code of Practice approved by the Authority and:

  • Gazette means the KwaZulu-Natal Provincial Gazette;

  • JORC Code means the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, as amended;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • Customs Act means the Customs Act 1901 (as amended), and any succeeding Legislation and any regulations made pursuant to the Customs Act;

  • customs law means all the statutory provisions applied by the customs administration on the importation, exportation, transit or movement of goods whether or not they involve the collection of duties or taxes (or security thereof), on the enforcement of prohibitions, restrictions or control or exchange control regulations or on any other customs regime;

  • Chile means the Republic of Chile.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Certificate of Catholic Practice means a certificate issued by the family’s parish priest (or the priest in charge of the church where the family attends Mass) in the form laid down by the Bishops’ Conference of England and Wales. It will be issued if the priest is satisfied that at least one Catholic parent or carer (along with the child, if he or she is over seven years old) have (except when it was impossible to do so) attended Mass on Sundays and holy days of obligation for at least five years (or, in the case of the child, since the age of seven, if shorter). It will also be issued when the practice has been continuous since being received into the Church if that occurred less than five years ago. It is expected that most Certificates will be issued on the basis of attendance. A Certificate may also be issued by the priest when attendance is interrupted by exceptional circumstances which excuse from the obligation to attend on that occasion or occasions. Further details of these circumstances can be found in the guidance issued to priests http://rcdow.org.uk/education/governors/admissions/

  • City Zip Code Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 4030852 MI 181 14 73401.48 26598 427.39 652 403085200000000 6 178 1 80000 10/30/2000 45 PORTAGE 49002 2 17.950 125 26538.5 11/03/2015 2 4030853 VA 240 14 74400 35600 467.47 743 403085300000000 9 236 1 93000 09/06/2000 34 CHRISTIANSBURG 24073 1 14.950 119 35501.85 09/11/2020 2 4031042 VA 300 14 60637 30613 396.26 671 403104200000000 8 298 1 73000 11/07/2000 47 Woodbridge 22192 2 15.180 125 30590.88 11/13/2025 2 4031092 NM 241 14 61912 37500 486.88 685 403109200000000 9 239 1 85000 11/17/2000 40 Albuquerque 87105 2 14.750 117 37447.8 12/01/2020 2 4031114 VA 180 14 71180 35000 492.25 672 403111400000000 6 176 1 90000 09/13/2000 39 Richmond 23224 2 15.100 118 34775.05 09/18/2015 2 4031155 OR 300 14 146997.59 50500 642.9 684 403115500000000 8 298 1 158000 11/07/2000 43 Roseburg 97470 2 14.900 125 50423.42 11/13/2025 2 4031190 MD 300 14 182094 65000 672.62 719 403119000000000 8 298 1 210607 11/01/2000 45 JESSUP 20794 2 11.750 118 64890.45 11/06/2025 2 4031320 PA 240 14 71765 35000 465.41 660 403132000000000 9 238 1 101000 11/11/2000 50 Fleetwood 19522 2 15.180 106 34079.42 11/16/2020 2 4031360 MD 181 14 151200 58150 735.36 707 403136000000000 6 179 1 168000 11/17/2000 33 Upper Marlboro 20772 2 12.990 125 58044.11 12/01/2015 2 4031406 MD 181 14 84252 20000 274.8 668 403140600000000 6 179 1 96000 11/10/2000 34 Leonard Town 20650 2 14.630 109 19912.32 12/01/2015 2 4031419 MS 181 14 115858 75000 992.52 714 403141900000000 6 178 1 160000 10/31/2000 34 RIDGELAND 39157 2 13.880 120 74747.89 11/06/2015 2 4031458 NE 180 14 68185 38800 526.53 667 403145800000000 6 177 1 86500 10/05/2000 45 South Sioux City 68776 2 14.380 124 38638.87 10/25/2015 2 4031534 FL 301 14 86000 74500 809.54 743 403153400000000 8 298 1 135000 10/20/2000 45 OVIEDO 32766 2 12.450 119 74235.96 11/01/2025 2 4031591 AZ 181 14 115107 25000 299.88 681 403159100000000 6 179 1 141000 11/22/2000 36 Glendale 85302 2 11.990 100 24949.91 12/19/2015 2 4031917 LA 301 14 85000 29000 326.85 707 403191700000000 8 299 1 92000 11/13/2000 45 Monroe 71202 2 12.990 124 28987.07 12/01/2025 2 4031948 MI 240 14 132082 44000 515.18 703 403194800000000 9 237 1 163080 10/05/2000 48 Ypsilanti 48197 2 12.990 108 43624.86 10/17/2020 2

  • Brazil means the Federative Republic of Brazil.

  • Codes of Practice means all codes of practice, rules of procedure, guidelines, directions, scheme rules and other requirements issued by the Bank System and specified from time to time as being applicable to the EMV PSP Service and your use of those.

  • IMDG Code means the International Maritime Dangerous Goods Code, for the implementation of Chapter VII, Part A, of the International Convention for the Safety of Life at Sea, 1974 (SOLAS Convention), published by the International Maritime Organization (IMO), London;

  • Website of the European Central Bank means the website of the European Central Bank currently at http://www.ecb.europa.eu or any successor website officially designated by the European Central Bank.

  • 15(519) means the weekly statistical release designated as such, or any successor publication, published by the Board of Governors of the Federal Reserve System. The date of determination of a Make-Whole Premium will be the third Business Day prior to the applicable prepayment date and the "most recent H.15(519)" means the H.15(519) published prior to the close of business on the third Business Day prior to the applicable prepayment date.

  • Xxxxxxx Act means the Xxxxxxx Antitrust Act of 1890.

  • Trade or commerce means the conduct of a business for profit or not for profit producing or providing goods, commodities, property, or services and includes, without limitation, advertising, franchising, solicitation, offering for sale, lease, or distribution of a service or property, tangible or intangible, real, personal or mixed, or any other article of commerce.

  • Transportation Code means that portion of Title 49 of the United States Code comprising those provisions formerly referred to as the Federal Aviation Act of 1958, as amended, or any subsequent legislation that amends, supplements or supersedes such provisions.

  • Chief Commissioner means the chief administrative officer of the County, or delegate;

  • H.15(519) means the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • State Grid Code means the Grid Code specified by the CERC under Clause (h) of Sub-section (1) of Section 79 of the Electricity Act, as amended from time to time, and/or the State Grid Code as specified by the concerned State Commission, referred under Clause (h) of Sub- section (1) of Section 86 of the Electricity Xxx 0000, as applicable;