Diario Oficial de la Federacion definition

Diario Oficial de la Federacion. (or the exchange rate that substitute it, if the case), and in case such rate stops been published, the exchange rate to be used will be that in accordance by which the Creditor will be able to acquire Dollars in accordance with normal procedures and bank practices in the Extraordinary Review Date. If during the term of this Agreement, at any Date of Determination or at any Date of Extraordinary Review the Guaranty Margin is seen to diminish by any cause, the Debtor and/or Grantor of the Pledge will affect additional securities with the purpose of conserving or reconstructing said Guaranty Margin, which must be debt instruments subscribed by the Federal Government, or shares of stock of investment companies in debt instruments or in other securities that the Creditor authorize to its full discretion. In the event that this supposition occur the Executor must immediately notify the Debtor and/or Grantor of the Securities Pledge, indicating the number and type of securities that the Debtor and/or Grantor must pledge to restitute the Guaranty Margin, in which case the Debtor and/or Grantor of the Securities Pledge will have a term of 2 (two) business days to pledge the additional securities. In case the Debtor and/or Grantor of the Securities Pledge does not pledge the additional securities in such a manner as to restitute the Guaranty Margin within said term, the Creditor may order the Executor the execution of the pledge herein agreed upon in accordance to what is established in Clause Sixth of this Agreement, and the payment obligations subscribed by the Debtor and/or Grantor of the Securities Pledge under the Loan Agreement will expire in advance and any outstanding balance under the same will be immediately payable.
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Diario Oficial de la Federacion. (or the exchange rate that substitute it, if the case), and in case such rate stops been published, the exchange rate to be used, will be that in accordance by which the Creditor will be able to acquire Dollars in accordance with normal procedures and bank practices in the Determination Date.
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Examples of Diario Oficial de la Federacion in a sentence

  • As Liabilities Time Collection Cost (C.C.P.) we shall understand the 30-day Liabilities Time Collection cost, estimated by the Banco de Mexico representing the group of Multiple Banking Institutions and issued by the Official Federation Diary (Diario Oficial de la Federacion) at the initial date of each rate determination period.

  • As T.I.I.E. we shall understand the 28-day term Interbank Equilibrium Rate issued daily by the Banco de Mexico, through the Oficial Federation Diary (Diario Oficial de la Federacion), the day each interest rate determination period begins, and for effects of its calculation, the 28-day term T.I.I.E rate shall be equivalent to 30-day terms.

  • The currency for payment of amounts due is US dollars or the equivalent in local currency as follows: The payment must be made in United States Dollars or the equivalent in local currency at the exchange rate published by the "Banco de México" in the Diario Oficial de la Federacion correspondent to the payment date of the invoice.

  • As CETES we shall understand the 28-day term Federation Treasury Certificates Rate, issued by the Banco de Mexico, through the Oficial Federation Diary (Diario Oficial de la Federacion) at the most recent prior date to the starting date of each interest rate determination period.

  • For purposes of this Agreement including Clause 3.2.2 and Clause 3.3.2, the rate of exchange to be utilized for the conversion of the amounts stated in Dollars into Mexican Pesos shall be that which is published in the "Federal Official Daily" (Diario Oficial de la Federacion) on the Business Day prior to the date in question including the Business Day prior to the Closing Date or the Second Subscription Date, as the case may be.

  • As of August the twenty-ninth, nineteen eighty-three, date of issuance of the relative Decree by the Official Federation Diary (Diario Oficial de la Federacion) with the same date, it became a National Credit Society (Sociedad Nacional de Credito) and therefore its denomination changed Multibanco Comermex Sociedad Nacional de Credito.

  • By Federal Executive Decree dated January the twenty-ninth, nineteen ninety-two, issued in the Official Federation Diary (Diario Oficial de la Federacion) dated the thirtieth of the same date and year, this National Credit Society changed to a Corporation (Sociedad Anonima).

  • Metro Net shall invoice for any cost reimbursable by Maxcom under this Article 4 and incurred by Metro Net in any currency other than United States Dollars at the rate of exchange published by the Diario Oficial de la Federacion on the 15th day of the month in which such cost was incurred by Metro Net.

  • The Merger shall become effective at the time the Merger Agreement is filed for publication in the Public Commercial Registry of the Federal District of Mexico (Registro Pcblico de Comercio del Distrito Federal), which time is referred to herein as the "Merger Effective Time." The Company shall also cause the Merger Agreement to be published in the Official Daily Gazette of the Federation (El Diario Oficial de la Federacion) as soon as practicable following the Closing.

  • Both the Mexican Price Index and the Exchange Rate are published by the Banco de Mexico at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇, and in the Diario Oficial de la Federacion, which is available at the following commercial web site: ▇▇▇.▇▇▇▇▇▇.▇▇▇.