Norges Bank definition

Norges Bank means the Central Bank of Norway.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Norges Bank means the central bank of Norway; a separate legal entity owned by the state of Norway; performing activities regulated by Act no. 28 of 24 May 1985 relating to Norges Bank and the monetary system (the “Norges Bank Act”).

Norges Bank means the central bank of Norway; a separate legal entity owned by the state of Norway; performing activities regulated by Act no. 28 of 24 May 1985 relating to Norges Bank and the monetary system (the “Norges Bank Act”). “Pricing Rate” shall be LIBOR plus [*] per cent per annum, subject to Clause 13 below. "Repeating Representations" means the representations and warranties which are deemed to be repeated by each of the Buyer and the Seller under this Annex. “S&P” means Standard & Poor’s Rating Services, a division of The ▇▇▇▇▇▇-▇▇▇▇ Companies Inc., or any successor to its rating agency function. "Subsidiary" means an entity of which a person has direct or indirect control or owns directly or indirectly more than 50 per cent. of the voting capital or similar right of ownership and "control" for this purpose means the power to direct the management and the policies of the entity whether through the ownership of voting capital, by contract or otherwise. “Tax Event” means any event referred to in paragraph 11 of the Agreement.

Examples of Norges Bank in a sentence

• Norges Bank must be notified immediately of any changes during the term of the Agreement.

• Norges Bank may enter primary dealer agreements similar to this Agreement with new institutions at any time during the term of the Agreement.

• Termination of the Agreement shall be announced by Norges Bank over the Oslo Børs announcement system without undue delay.

• If Norges Bank does not expressly decide otherwise, all enquiries regarding the Agreement shall be made to the Government Debt Management, telephone +▇▇ ▇▇ ▇▇ ▇▇ ▇▇ or email: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇-▇▇▇▇.▇▇.

• Once a year, the Supplier shall convert the prices in Appendix 1 to DKK and NOK with the exchange rate applicable at February 1 that year as published by the national bank of the relevant country (e.g. the Danish National Bank and Norges Bank), the first time on February 1, 2020.

• On conversion of foreign currency expenditures to Norwegian kroner, the Technical Services Provider is entitled to use Internal Book-keeping Rates, based on quotations from the Central Bank of Norway (Norges Bank) or other quotations as proposed by the Operator and approved by the owners of the Transportation System(s).

• If the PD fails to fulfil its obligations under this Agreement, Norges Bank may immediately suspend the PD’s right to act as a primary dealer for a definite or indefinite period.

• Before Norges Bank makes a decision to suspend a PD, the PD shall be given the opportunity to make a statement within a reasonable time period, unless postponement of such a decision will result in loss or irreparable harm.

• The Norwegian working group on alternative reference rates in September 2019 recommended a reformed version of Norwegian Overnight Weighted Average (“NOWA”) (which as of 1 January 2020 has been administered by the Norges Bank) as the alternative reference rate for NIBOR.

• The Supplier is obligated to not conduct advertising or in some other manner to give the general public information concerning this agreement with its appendixes or the results of the agreement without the prior written approval of Norges Bank.

More Definitions of Norges Bank

Norges Bank. Norges Bank Name: ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ Title: Senior Legal Advisor

Norges Bank means Norges Bank (Bankplassen 2, PO Box 1179, Sentrum, 0107

Norges Bank. Norges Bank Name: Age ▇▇▇▇▇▇ Title: Chief Technology Officer “Norges Bank” Norges Bank Name: ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ Title: Senior Legal Advisor