Federal Republic of Germany obligations definition

Federal Republic of Germany obligations means (1) securities that are direct obligations of the Federal Republic of Germany for the payment of which its full faith and credit is pledged or (2) obligations of a person controlled or supervised by and acting as an agency or instrumentality of the Federal Republic of Germany, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the Federal Republic of Germany, which, in either case under clauses (1) or (2) are not callable or redeemable at the option of the issuer thereof.
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Federal Republic of Germany obligations means direct noncallable obligations of the Federal Republic of Germany, noncallable obligations the payment of the principal of and interest on which is fully guaranteed by the Federal Republic of Germany, and noncallable obligations on which the full faith and credit of the Federal Republic of Germany is pledged to the payment of the principal thereof and interest thereon.
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Federal Republic of Germany obligations means securities that are direct and unconditional obligations of the Federal Republic of Germany or any of its states (Bundeslander), as defined in Section 1807 No. 2 of the German Civil Code (Burgerliches Gesetzbuch), as from time to time amended, and are not callable or redeemable at the option of the issuer thereof.
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Examples of Federal Republic of Germany obligations in a sentence

  • By the Paris Protocols of 1954, the mutual defence obligations of the 1948 Brussels Treaty were reinforced by assigning Western European Union’s (WEU) defence role to the North Atlantic Treaty Organisation while placing upon the Federal Republic of Germany obligations not to develop nuclear, chemical or biological weapons, strategic bombers, large capital ships or offensive missiles.

  • For states such as the Federal Republic of Germany, obligations also arise from the principle of commitment to international law, which is enshrined in the constitution, and from the legal system that is derived from it6.


More Definitions of Federal Republic of Germany obligations

Federal Republic of Germany obligations means (1) securities that are direct obligations of the Federal Republic of Germany for the payment of which its full faith and
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Related to Federal Republic of Germany obligations

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.

  • Potential Repudiation/Moratorium means the occurrence of an event described in paragraph (a) of the definition of Repudiation/Moratorium.

  • Related Liability with respect to any Asset means any liability existing and reflected on the Accounting Records of the Failed Bank as of Bank Closing for (i) indebtedness secured by mortgages, deeds of trust, chattel mortgages, security interests or other liens on or affecting such Asset, (ii) ad valorem taxes applicable to such Asset, and (iii) any other obligation determined by the Receiver to be directly related to such Asset.

  • Customs territory of the United States means the 50 States, the District of Columbia, and Puerto Rico.

  • Federal Bankruptcy Code means Title 11 of the United States Code entitled “Bankruptcy,” as amended and any successor statute thereto.

  • United States Citizen shall have the meaning set forth in Section 3.02.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Germany means the Federal Republic of Germany.

  • Applicable Insolvency Laws means all Applicable Laws governing bankruptcy, reorganization, arrangement, adjustment of debts, relief of debtors, dissolution, insolvency, fraudulent transfers or conveyances or other similar laws (including, without limitation, 11 U.S.C. Sections 544, 547, 548 and 550 and other “avoidance” provisions of Title 11 of the United States Code, as amended or supplemented).

  • Republic means the Republic of South Africa.

  • Federal banking agency means the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the National Credit Union Administration and the Federal Deposit Insurance Corporation;