DCC definition

DCC means the Dutch Civil Code (Burgerlijk Wetboek).

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DCC means 360 or, in any case where market practice in the Relevant Market is to use a different number for quoting the number of days in a year, that number;

DCC has the meaning given to that term above; and

Examples of DCC in a sentence

If a Party fails to make any payment due under this Agreement on its due date for payment, such Party shall pay the statutory interest (wettelijke rente) as referred to in section 6:119 of the DCC on such overdue amount from (and including) the due date up to (but excluding) the date of actual payment.
The applicability of Title 1 Book 7 and section 6:89 of the DCC is excluded.
Except as explicitly stated otherwise in this Agreement, each Party waives its right to annul (vernietigen), rescind (ontbinden) or partially rescind (gedeeltelijk ontbinden) this Agreement on the basis of section 6:228, section 6:265 or section 6:270 of the DCC or to request a competent court or arbitral tribunal to amend this Agreement on the basis of section 6:230(2) of the DCC.

More Definitions of DCC

DCC has the meaning given to that term above; and the "Annualised Cumulative Compounded Daily Rate" for that Cumulated RFR Banking Day is the percentage rate per annum (rounded to 5 decimal places) calculated as set out below: where:

DCC means the Dutch Civil Code.

DCC means 365 or, in any case where market practice in the Relevant Market is to use a different number for quoting the number of days in a year, that number;

DCC means 360 or, in any case where market practice in the Relevant Market is to use a different number for quoting the number of days in a year, that number; "ni" means the number of calendar days from, and including, that RFR Banking Day "i" up to, but excluding, the following RFR Banking Day; and the "Unannualised Cumulative Compounded Daily Rate" for any RFR Banking Day (the "Cumulated RFR Banking Day") during that Interest Period is the result of the below calculation (without rounding, to the extent reasonably practicable for the Finance Party performing the calculation, taking into account the capabilities of any software used for that purpose): where: "ACCDR" means the Annualised Cumulative Compounded Daily Rate for that Cumulated RFR Banking Day; "tni" means the number of calendar days from, and including, the first day of the Cumulation Period to, but excluding, the RFR Banking Day which immediately follows the last day of the Cumulation Period; "Cumulation Period" means the period from, and including, the first RFR Banking Day of that Interest Period to, and including, that Cumulated RFR Banking Day; "dcc" has the meaning given to that term above; and the "Annualised Cumulative Compounded Daily Rate" for that Cumulated RFR Banking Day is the percentage rate per annum (rounded to [four] decimal places) calculated as set out below: where: "d0" means the number of RFR Banking Days in the Cumulation Period; "Cumulation Period" has the meaning given to that term above; "i" means a series of whole numbers from one to d0, each representing the relevant RFR Banking Day in chronological order in the Cumulation Period;

DCC means Dutch Civil Code.

DCC means 365; and

DCC has the meaning given to that term above; and "tni" has the meaning given to that term above.