RBS NV definition
Examples of RBS NV in a sentence
The parties agree that if the Business Head is replaced under an agreement between the same parties relating to other international diamond and jewellery businesses remaining in RBS NV then the Business Head will be deemed to be replaced under this Schedule.
As of the date of this Agreement, each of RBS N.V. and CITIC represents and warrants that it is the sole and lawful owner of all rights, title and interest in and to all ownership interests indicated in the immediately preceding sentence, and that there has been no assignment or other transfer of any such interests.
RBS and the State acknowledge that RBS NV and ABN AMRO have agreed in the Legal Demerger Agreement that certain wrong box transfers may take place at any point prior to 5 February 2012.
The parties acknowledge that the Indian Tax affairs of RBS NV shall be dealt with under the direction of the Head of Tax of RBS NV and that neither the State nor ABN AMRO Bank nor the Business Head shall be entitled to review any such Tax Return or related Tax Documents and correspondence, subject to Paragraph 6.2 below.
As of the date of this Agreement, RBS N.V. hereby represents and warrants that it owns 100% of the 2007 Bonds, 37.5% of the 2008 Bonds and 37.5% of the 2008 Warrants.
In the event that RBS NV elects to sell all or any part of its business and assets, RBS NV undertakes that it will not, without the written consent of ABN AMRO Bank, such consent not to be unreasonably withheld or delayed, disclose confidential information relating to the ID&JG Business or ABN AMRO Bank to any potential buyer notwithstanding that any such potential buyer may have signed a confidentiality agreement.
The parties acknowledge that Part 9 of Schedule 1 to the CSA shall apply for the purpose of allocating Tax liabilities of RBS NV to the ID&JG Business.
In the event that there is a dispute in relation to any aspect of, or failure to agree any matter arising in relation to the conduct or operation of the ID&JG Business between RBS NV and the Business Head with respect to cannot be resolved at a local level, the Business Head will escalate the matter to the Chairman of the Managing Board of RBS NV.
The parties have agreed that in relation to each of these assets and liabilities the actions set out in Schedule 8 shall be taken with a view to transferring such assets and liabilities to the State (or a member of its Group) prior to 30 June 2011 and that the assets and liabilities shall remain within RBS NV until the relevant Completion on the basis set out in Schedule 8.
As part of the state aid commitments given in connection with such approval, RBSG has agreed that neither it nor any of its direct or indirect subsidiaries (excluding any companies in the RBS N.V. Group) shall pay investors any coupons or dividends on existing hybrid capital instruments during the Deferral Period, unless there is a legal obligation to do so.