Spanish Commercial Code definition

Spanish Commercial Code means the Spanish Commercial Code published by virtue of the Royal Decree of 22 August 1885 (Real decreto de 22 xx xxxxxx de 1885 por el que se publica el Código de Comercio), as amended from time to time.

Spanish Commercial Code means the Spanish Commercial Code published by virtue of the Royal Decree of 22 August 1885 (Real decreto de 22 de agosto de 1885 por el que se publica el Código de Comercio), as amended from time to time.

Spanish Commercial Code as defined in Section 7.14(e)(ii).

Examples of Spanish Commercial Code in a sentence

• To the extent that article 950 of the Spanish Commercial Code (Código de Comercio) applies to the Preferred Securities, claims relating to the Preferred Securities will become void unless such claims are duly made within three years of the relevant payment date.

• The accompanying financial statements were prepared by the Directors in accordance with the regulatory financial reporting framework applicable to the Company, which consists of: - The Spanish Commercial Code, the Spanish Limited Liability Companies Law, Spain's Law on Structural Changes and other business legislation.

• This percentage must be calculated on the basis of the consolidated balance sheet, if the company is the parent of a group in accordance with the criteria stated in Article 42 of the Spanish Commercial Code, regardless of its place of residence and of whether or not it is obliged to prepare consolidated financial statements.

• The purpose of the subcommittees is to delegate work to several members on the NRC, who will be responsible for special projects and concerns as related to natural resources.

• The accounting of the licence applicants, regardless of their legal structure, must be governed by the accounting regulations established in the Spanish Commercial Code, the Spanish Limited Companies Act (“Ley de Sociedades de Capital”) and other concordant legislation which is applicable at the time of presenting the application in question.

• This percentage must be calculated on the average of the consolidated balances if the company is the parent of a group, in accordance with the criteria established in Article 42 of the Spanish Commercial Code, regardless of its place of residence and of the obligation to formally prepare consolidated financial statements.

• The consolidated financial statements were prepared in accordance with the regulatory framework for financial information applicable to the Group as established in IFRS adopted by the European Union ("IFRS-EU"), taking into account all the mandatory accounting principles and standards as well as measurement criteria, together with the Spanish Commercial Code, the Spanish Corporate Enterprises Act, and remaining applicable mercantile legislation.

• According to article 49.6 of the Spanish Commercial Code, the non-financial information statement must be submitted as a separate item on the agenda for its approval by the Shareholders’ Meeting.

• The consolidated financial statements were prepared in accordance with the regulatory framework for financial information applicable to the Group as established in IFRS-EU and taking into account all the mandatory accounting principles and standards as well as measurement criteria, together with the Spanish Commercial Code, the Spanish Corporate Enterprises Act, and remaining applicable mercantile legislation.

• The Committee’s functions will be carried by it, both with regard to CIE Automotive, S.A., and its affiliates or subsidiaries that belong its Group, as provided for in section 42 of the Spanish Commercial Code (Código de Comercio).

More Definitions of Spanish Commercial Code

Spanish Commercial Code means Real Decreto of August 22, 1885.

Spanish Commercial Code means the Spanish Código de Comercio, as amended from time to time.

Spanish Commercial Code means the Spanish Commercial Code published by virtue of the Royal Decree of 22 August 1885 ( Real decreto de 22 xx xxxxxx de 1885 por el que se publica el Código de Comercio ), as amended from time to time. “Spanish Companies Law ” shall mean the Royal Legislative Decree 1/2010, of 2 July, whereby the companies act is approved ( Real Decreto Legislativo 1/2010, de 2 de xxxxx, por el que se aprueba el texto refundido de xx Xxx de Sociedades de Capital ), as amended from time to time. “Spanish Guarantors ” shall mean, collectively, each Guarantor that is incorporated under the laws of Spain. “Spanish Insolvency Law ” shall mean the Law 22/2003 of 9 July 2003, on insolvency ( Ley 22/2003, de 9 de xxxxx, Concursal ), as amended from time to time. “Spanish Law Bank Account Pledges ” shall mean the pledges over the surplus after enforcement of certain pledges over bank accounts governed by the laws of Spain, entered into by each of the Spanish Guarantors for the benefit of all the Notes Secured Parties identified therein from time to time. “Spanish Law Irrevocable Power of Attorney ” shall mean the irrevocable powers of attorney gov- erned by the laws of Spain, granted by each of the Spanish Guarantors (and each other Guarantor granting a Spanish Law Share Pledge), in favor of the Collateral Agent in relation to the Spanish Law Security Docu- ments. “Spanish Law Security Documents ” shall mean, jointly, the Spanish Law Share Pledges, the Span- ish Law Bank Account Pledges, the Spanish Law Receivables Pledges, and the Spanish Law Irrevocable Power of Attorney, as well as any other security document governed by the laws of Spain which may be -44-

Spanish Commercial Code means Royal Decree of 22 August 1885 publishing the Spanish Commercial Code (Código de Comercio). Spanish Insolvency Act means Act 22/2003 of 9 July on Insolvency (Ley 22/2003 de 9 de Xxxxx, Concursal) as amended from time to time.

Spanish Commercial Code. : means the Spanish Commercial Code (Código de Comercio) passed by Royal Decree of 22 August 1885, together with any amendments and modifications thereto and any regulations that may replace it in the future.