Norwegian Companies Act definition

Norwegian Companies Act means the Norwegian Private Limited Companies Act of 13 June 1997 no 44 (No. aksjeloven).
Sample 1Sample 2
Norwegian Companies Act means the Norwegian Public Companies Act of 13 June 1997 No. 45.
Sample 1Sample 2

Examples of Norwegian Companies Act in a sentence

  • It is understood that the obligations and liabilities of each Norwegian Foreign Obligor Affiliate shall always be interpreted so as to make each Norwegian Foreign Obligor Affiliate liable to the fullest extent permitted by the above provisions of the Norwegian Companies Act.

  • The Board’s work is governed by the Norwegian Companies Act, which is to manage the company’s values on the behalf of the owners.

  • Section 1-3, or any of the other provisions in chapter 8 III, of the Norwegian Private Limited Companies Act 1997 (the “Norwegian Companies Act” regulating unlawful financial assistance and other prohibited loans, guarantees and joint and several liability as well as providing of security, and it is understood and agreed that the liability of any Norwegian Guarantor only applies to the extent permitted by the above-mentioned provisions of the Norwegian Companies Act.

  • In order to continue to provide the Board of Directors with sufficient flexibility to put in place an efficient and flexible financial structure, in the context of the current market environment and to utilise the alternatives the Norwegian Companies Act provides for, it is desirable that the Board of Directors is granted a power of attorney to enter into convertible loans.

  • According to Norwegian Companies' Act, the participants of the incentive plans have a right in a Merger to demand their rights.

  • The Company has issued 4,000,000 independent subscription rights in accordance with the Norwegian Companies Act § 11-12.

  • Since, as Mr Perland submitted, the effect of the Norwegian Companies Act was to transfer the assets, rights, liabilities and obligations of Hydralift ultimately to NOV Norway “as a whole”, the Judge was correct that this entire transmission was not an “assignment”.

  • All figures in NOK'000s unless otherwise stated Notes to the parent company financial statements NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements, which have been presented in compliance with the Norwegian Companies Act, the Norwegian Accounting Act and Norwegian generally accepted accounting principles in effect at 31 December 2019, consist of the income statement, balance sheet, cash flow statement and notes to the accounts.

  • The obligations of the Norwegian Guarantor under this Agreement shall always be interpreted so as to make the Norwegian Guarantor liable to the fullest extent permitted by the Norwegian Companies Act.

  • Each of the Borrowers shall jointly and severally pay to Deutsche Bank Luxembourg S.A. for its own account in its capacity as Agent and Security Agent an agency and security handling fee in the amount and at the times agreed in a Fee Letter provided that the Norwegian Borrowers shall only be liable to the extent which is permitted under the Norwegian Companies Act 0000 Xxction 8-7.

Related to Norwegian Companies Act

  • Companies Act means the Companies Act, 2008 (Act No. 71 of 2008);

  • Corporations Act means the Corporations Act 2001 (Cth).

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • Companies Acts means the Companies Acts (as defined in section 2 of the Companies Act 2006), in so far as they apply to the company;

  • Israeli Companies Law means the Israeli Companies Law, 5759-1999, as amended, and the regulations promulgated thereunder.

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • OHS Act means the Occupational Health and Safety Act 2004;

  • Indian child means any unmarried person who is under age eighteen and is either (a) a member of an Indian tribe or (b) is eligible for membership in an Indian tribe and is the biological child of a member of an Indian tribe;

  • CBCA means the Canada Business Corporations Act;

  • WHS Act means the Work Health and Safety Act 2011 (Qld) or the Work Health and Safety (National Uniform Legislation) Act 2012 (NT), where applicable. WHS EPH means Workplace Health and Safety Entry Permit Holders under the WHS Act. Workplace Impairment Policy and Procedures means the Workplace Impairment Policy and Procedures found in APPENDIX 4.