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 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.
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.
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 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).
It shall be presumed that there is unity of decision when any of the scenarios set out in section 1 and/or section 2 of article 42 of the Spanish Commercial Code (Código de Comercio) are met.
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.
Pursuant to Article 36 of the Spanish Commercial Code, for the purposes of profit distribution, mandatory capital reduction and mandatory dissolution as a result of losses, equity shall be considered the amount classified as such in the financial statements, plus the uncalled registered share capital, the par value and the share premiums of the registered share capital which is recognised for accounting purposes as a liability.
For the purposes of this Section 23.12, a reference to the “Relevant Group” of a Spanish Guarantor shall mean such Spanish Guarantor and any other companies constituting a group as such term is defined under Article 42 of the Spanish Commercial Code (Código de Comercio).
The accompanying financial statements were formally 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, the Law on structural changes to companies formed under the Spanish Commercial Code and all other Spanish corporate law.