CONASEV definition

CONASEV means the Comision Nacional Supervisora de Empresas y Valores, the securities commission in Peru.

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CONASEV means the Peruvian National Supervisory Commission of Companies & Securities (Comisión Nacionel Supervisora de Empresas y Valores).

CONASEV the Peruvian National Supervisory Commission for Companies and Securities.

Examples of CONASEV in a sentence

• Allowed Creditors must not be economically related to the Concessionaire, in accordance with CONASEV Resolution No. 090-2005-EF-94.10, amended by CONASEV Resolution No. 005-2006-EF / 94.10, or any regulation that replaces it.

• KALLPA SAB is a corporation authorized to operate as a broker by CONASEV Resolution No. 049- 2008-EF/94.01.1 dated 14 August 2008.

• Includes the issue of shares; the payment of dividends in paid-up shares and in cash, the presentation of a report to entities such as CONASEV, SUNAT, Stock Market, etc.; service to shareholders; registration of the issue and transfer of shares.

• Authorized creditors must not be in any way affiliated with the CONCESSIONAIRE, pursuant to provisions set forth by CONASEV Resolution No. 090-2005-EF-94.10, or regulation replacing it.

• The Allowed Creditors shall not have any economic link with the Concessionaire, according to indications of CONASEV Resolution N° 090-2005-EF-94.10, modified by CONASEV Resolution No. 005-2006-EF/94.10, or regulation that replaces it1.

• The Bonds shall be registered, unseverable and freely transferable, and will be represented by book entries in the accounting record kept by CAVALI ICLV S.A. ("CAVALI"), a securities clearing entity duly authorized by CONASEV.

• Authorized creditors must not be in any way affiliated with the Concessionaire, pursuant to provisions set forth by CONASEV Resolution No. 090-2005-EF-94.10, or regulation that replaces it.

• In addition to the above and whenever applicable, in order to determine the effective control, it shall be taken into account the provisions of CONASEV Resolution Nº 090-2005-EF-94.10, modified by CONASEV Resolution Nº 005- 2006-EF/94.10 and by CONASEV Resolution N° 016-2007-EF/94.10 or regulation that replaces or modifies it.

• Buyer shall launch a tender offer (Oferta Pública de Adquisición de Acciones) (the “Tender Offer”) directed to all of the minority shareholders of the Company which hold shares with right to vote (the “Tendering Shareholders”), pursuant to Resolution CONASEV Nº 009-200-EF-94.10 (Reglamento de Oferta Pública de Adquisición y de Compra de Valores por Exclusión) (the “Regulations of the Tender Offer”), at the minimum purchase price determined according to the Regulations of the Tender Offer (“Offer Price”).

• The Allowed Creditors may not have economic link with the CONCESSIONAIRE, according to indications made in CONASEV Resolution Nº 090-2005-EF-94.10, modified by CONASEV Resolution Nº 005-2006-EF/94.10, or regulation that replaces it.

More Definitions of CONASEV

CONASEV means Comisión Nacional Supervisora de Empresas y Valores, the Borrower’s commission for the supervision of enterprises and securities established and operating within the Ministry of Economy and Finance pursuant to the provisions of the Borrower’s Law Decree No. 19648 dated December 5, 1972 and published in the Borrower’s Official Gazette (El Peruano) on December 7, 1972, as amended to the date of this Agreement.