CBLC definition

CBLC means the Brazilian Clearing and Depository Corporation (Companhia Brasileira de Liquidação e Custódia), which provides the book-entry settlement system for securities traded in BM&FBOVESPA, or any successor entity thereto.
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CBLC means the Companhia Brasileira de Liquidação e Custódia (the Brazilian Clearing and Depository Corporation).
Sample 1
CBLC means Companhia Brasileira de Liquidacao e Custodia, which provides the book-entry settlement system for equity securities in Brazil, or any successor entity thereto.] 3 Section 1.9 “Certificated ADS(s)” 3 Section 1.10 “Commission” 3 Section 1.11 “Company” 3 Section 1.12 “Custodian” 3 Section 1.13 “Deliver” and “Delivery” 3 Section 1.14 “Deposit Agreement” 3 Section 1.15 “Depositary” 4 Section 1.16 “Deposited Securities” 4 Section 1.17 “Dollars” and “$” 4 Section 1.18 “DTC” 4 Section 1.19 “DTC Participant” 4
Sample 1

Examples of CBLC in a sentence

  • The respective Prices will be paid upon delivery of the shares, in Brazilian reais, pursuant to the rules issued by Companhia Brasileira de Liquidação e Custódia – CBLC (the Brazilian Settlement and Custody Company) (and the terms that will be set forth in the Edital).

  • For a withdrawal to be effective, the broker who has been instructed to tender shares in the auction described in Section 3 — “Acceptance for Payment and Payment for Shares,” including the broker selected by the receiving agent to tender preferred shares underlying ADSs, must withdraw those shares from the CBLC account maintained for the tender offer no later than 11:00 a.m., New York City time, on October 8, 2004, which is the Expiration Date and the date of the auction.

  • The Offer in Brazil was conducted in the over-the-counter market, with firm settlement guarantee, pursuant to the Placement Agreement entered into between Banrisul, the State of Rio Grande do Sul (Selling Shareholder), Banco de Investimentos Credit Suisse (Brasil) S.A. (Lead Manager), Banco UBS Pactual S.A. (Coordinator) and the Brazilian Clearing and Depository Corporation (CBLC), in conformity with CVM Instruction 400.

  • The expenses of holding the Auction, such as brokerage fees and rates established by BOVESPA and/or by CBLC, shall conform to the rates in force at the time the Auction is held as well as to other legal provisions in force.

  • None Brazil Citibank, N.A., Sao Paulo Companhia Brasileira de Liquidaco e Custodia (CBLC) Center for the Custody and Financial Settlement of Securities (CETIP) Special Settlement and Custody System (SELIC) Bulgaria ING Bank Xxxxx Xxxxxx The Central Depository Bulgarian National Bank Burkina Faso Societe Generle de Banques Cote d'Ivoire, Abidjan Depositaire Central/Banque de Reglement (DCBR) Canada Royal Bank of Canada, Toronto Canadian Depository for Securities, Ltd.

  • The Price will be paid upon delivery of the shares, in Brazilian reais, pursuant to the rules issued by Companhia Brasileira de Liquidação e Custódia – CBLC (the Brazilian Settlement and Custody Company) (and the terms that will be set forth in the Edital).

  • In the event that the date of the auctions is extended or TCP otherwise modifies the terms of the tender offer, TCP will make an announcement of that fact in the manner described in Section 1 — “Terms of the Tender Offer, Expiration Date and Qualification Date.” TCP will pay for shares accepted in the tender offer on the third Brazilian business day following the auction, in accordance with the rules established by CBLC for net settlement.

  • Proof, issued by the depositary financial institution, Itaú Corretora de Valores S.A., or by CBLC ( Companhia Brasileira de Liquidação e Custódia – Brazilian Settlement and Custody Company), of the shares held, stating the corresponding equity position.For legal entities:I.

  • The CBLC will not act as central counterparty guarantor of the financial settlement of the Auction.

  • The settlement of the Auction shall take place in accordance with the rules of CBLC, three business days after the Auction Date, through the gross settlement option in which CBLC will not act as central guarantor counterparty.


More Definitions of CBLC

CBLC. The financial settlement of the Auction shall be made in the modality gross settlement of the CBLC rules, as set forth in Chapter VII of the Manual of Operational Rules of the CBLC. The CBLC shall facilitate the Auction financial settlement pursuant to this Offer, upon receipt of the proceeds from the Offeror and the Common Shares from the tendering common shareholders, through their custodians. The CBLC shall not act as a central party guarantor of the financial settlement of the Auction.
Sample 1
CBLC means Commercial Barge Line Company.
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