{"component": "definition", "props": {"groups": [{"snippet": "means the base interest rate of Sistema Especial de Liquida\u00e7\u00e3o e de Cust\u00f3dia \u2013 SELIC, as administered by the Central Bank of Brazil, or any other index that may replace it.", "snippet_links": [{"key": "rate-of", "type": "clause", "offset": [24, 31]}, {"key": "bank-of", "type": "definition", "offset": [117, 124]}], "size": 6, "samples": [{"hash": "54DSuPeDwk7", "uri": "/contracts/54DSuPeDwk7#selic", "label": "Merger Agreement (EVERTEC, Inc.)", "score": 34.5496253967, "published": true}, {"hash": "4SHNR8b01d6", "uri": "/contracts/4SHNR8b01d6#selic", "label": "Voting Agreement (EVERTEC, Inc.)", "score": 34.5496253967, "published": true}, {"hash": "axm36uUFjdT", "uri": "/contracts/axm36uUFjdT#selic", "label": "Voting Agreement", "score": 27.773443222, "published": true}], "hash": "8fa52ddd3bca65b957a1d30f662dfb85", "id": 1}, {"snippet": "means, as of any date, the interest rate published on such date by the Central Bank based on the average rate of financing transactions registered in the Clearing and Custody System (Sistema Especial de Liquida\u00e7\u00e3o e Cust\u00f3dia - SELIC).", "snippet_links": [{"key": "rate-published", "type": "clause", "offset": [36, 50]}, {"key": "central-bank", "type": "definition", "offset": [71, 83]}, {"key": "based-on", "type": "definition", "offset": [84, 92]}, {"key": "rate-of", "type": "clause", "offset": [105, 112]}, {"key": "financing-transactions", "type": "definition", "offset": [113, 135]}], "size": 5, "samples": [{"hash": "1rrF4U1Yhv6", "uri": "https://www.sec.gov/Archives/edgar/data/2047251/000121390024106957/ea022381701ex99-t3c2_light.htm", "label": "Warrant (Light Electric Services S.A.)", "score": 23.937713623, "published": false}, {"hash": "3T06vjhD40G", "uri": "https://www.sec.gov/Archives/edgar/data/2047251/000121390024106957/ea022381701ex99-t3c5_light.htm", "label": "Light Electric Services S.A.", "score": 19.937713623, "published": false}, {"hash": "38N5Fc7cMdJ", "uri": "https://www.sec.gov/Archives/edgar/data/2047251/000121390024106957/ea022381701ex99-t3c4_light.htm", "label": "Light Electric Services S.A.", "score": 19.937713623, "published": false}], "hash": "5d040bc0b978f2605b0617fff05391b5", "id": 2}, {"snippet": "means the rate assessed by the Brazilian Special Liquidation and Custody System (Sistema Especial de Liquida\u00e7\u00e3o e Cust\u00f3dia) \u2013 SELIC, published by the Central Bank of Brazil, obtained by calculating the adjusted weight average rate of one-day financing operations, backed by public federal bonds and traded in such system.", "snippet_links": [{"key": "the-rate", "type": "definition", "offset": [6, 14]}, {"key": "bank-of", "type": "definition", "offset": [158, 165]}, {"key": "calculating-the", "type": "clause", "offset": [186, 201]}, {"key": "rate-of", "type": "clause", "offset": [226, 233]}, {"key": "traded-in", "type": "definition", "offset": [299, 308]}], "size": 5, "samples": [{"hash": "Oqn81D1MZ0", "uri": "/contracts/Oqn81D1MZ0#selic", "label": "Shareholders\u2019 Agreement (Cosan S.A.)", "score": 32.3264884949, "published": true}, {"hash": "cyG1NwNDQTq", "uri": "/contracts/cyG1NwNDQTq#selic", "label": "Shareholders Agreement (Cosan Ltd.)", "score": 22.7440109253, "published": true}, {"hash": "9PYza8Z0wqN", "uri": "/contracts/9PYza8Z0wqN#selic", "label": "Shareholders Agreement (Cosan Ltd.)", "score": 22.7440109253, "published": true}], "hash": "ca2e30808dca58f2ec4357c0da089bab", "id": 3}, {"snippet": "means the rate assessed by the Brazilian Special Liquidation and Custody System (Sistema Especial de Liquida\u00e7\u00e3o e Cust\u00f3dia) \u2013 Selic, published by the Central Bank of Brazil, obtained by calculating the adjusted weight average rate of one-day financing operations, backed by public federal bonds and traded in such system;", "snippet_links": [{"key": "the-rate", "type": "definition", "offset": [6, 14]}, {"key": "bank-of", "type": "definition", "offset": [158, 165]}, {"key": "calculating-the", "type": "clause", "offset": [186, 201]}, {"key": "rate-of", "type": "clause", "offset": [226, 233]}, {"key": "traded-in", "type": "definition", "offset": [299, 308]}], "size": 4, "samples": [{"hash": "kupkCsdrfCy", "uri": "/contracts/kupkCsdrfCy#selic", "label": "Joint Venture Agreement (Cosan S.A.)", "score": 33.3696098328, "published": true}, {"hash": "34GCRkqazjG", "uri": "/contracts/34GCRkqazjG#selic", "label": "Joint Venture Agreement (Cosan Ltd.)", "score": 21.7440109253, "published": true}], "hash": "18508153a34fd4303e599a4800e8909d", "id": 4}, {"snippet": "means interest computed in accordance with the interest rate of the Sistema Especial de Liquida\u00e7\u00e3o e Cust\u00f3dia, as published from time to time by Brazilian Council of Monetary Policy (Comite de Politica Monetaria); in the event that SELIC ceases to exist, it shall be replaced by the interest rate which officially replaces it in Brazil or, if no interest rate officially replaces SELIC in Brazil, it shall be replaced by the Brazilian interest rate which is closest to the concept of SELIC;", "snippet_links": [{"key": "in-accordance-with", "type": "clause", "offset": [24, 42]}, {"key": "rate-of", "type": "clause", "offset": [56, 63]}, {"key": "from-time-to-time", "type": "clause", "offset": [124, 141]}, {"key": "monetary-policy", "type": "clause", "offset": [166, 181]}, {"key": "in-the-event", "type": "clause", "offset": [214, 226]}, {"key": "no-interest", "type": "clause", "offset": [343, 354]}, {"key": "the-concept", "type": "clause", "offset": [469, 480]}], "size": 3, "samples": [{"hash": "3eDPPcgjdiK", "uri": "/contracts/3eDPPcgjdiK#selic", "label": "Share Purchase Agreement (Bank Bradesco)", "score": 27.6584529877, "published": true}, {"hash": "exN9HlPJnUr", "uri": "/contracts/exN9HlPJnUr#selic", "label": "Share Purchase Agreement (Bank Bradesco)", "score": 27.2943191528, "published": true}], "hash": "960d6a474ccc733d37ed2c7f73de9a02", "id": 5}, {"snippet": "means the rate assessed by Selic, obtained by calculating the adjusted weighted average rate of one-day financing operations, backed by public federal bonds and traded in such system or in clearance houses and liquidation of assets as committed operations.", "snippet_links": [{"key": "the-rate", "type": "definition", "offset": [6, 14]}, {"key": "calculating-the", "type": "clause", "offset": [46, 61]}, {"key": "rate-of", "type": "clause", "offset": [88, 95]}, {"key": "traded-in", "type": "definition", "offset": [161, 170]}, {"key": "liquidation-of-assets", "type": "clause", "offset": [210, 231]}], "size": 2, "samples": [{"hash": "liO1K7657C0", "uri": "/contracts/liO1K7657C0#selic", "label": "Merger Agreement (Sadia S.A.)", "score": 21.0, "published": true}, {"hash": "1DZ4hxqbAKD", "uri": "/contracts/1DZ4hxqbAKD#selic", "label": "Merger Agreement (Perdigao Sa)", "score": 19.0, "published": true}], "hash": "4d5c789466faccfe92b1506c1ba812f5", "id": 6}, {"snippet": "means the financing rate in the interbank market for transactions of one day or overnight backed by federal government securities and carried out in the SELIC - Brazilian Special Clearance and Escrow System or any other rate that may replace it.", "snippet_links": [{"key": "financing-rate", "type": "definition", "offset": [10, 24]}, {"key": "interbank-market", "type": "definition", "offset": [32, 48]}, {"key": "for-transactions", "type": "clause", "offset": [49, 65]}, {"key": "government-securities", "type": "clause", "offset": [108, 129]}], "size": 2, "samples": [{"hash": "3gRvITTHYe1", "uri": "/contracts/3gRvITTHYe1#selic", "label": "Framework and Ipo Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD)", "score": 25.6885700226, "published": true}, {"hash": "625tzGGLstH", "uri": "/contracts/625tzGGLstH#selic", "label": "Framework and Ipo Agreement (Cnova N.V.)", "score": 23.5311431885, "published": true}], "hash": "0e3873d4b3c09c823dd7ea03500ea84e", "id": 7}, {"snippet": "means the monthly weighted average rate and adjusted for financing transactions, backed by federal public bonds established in the Special Settlement and Custody System, defined and calculated by the Central Bank of Brazil and published by SISBACEN.", "snippet_links": [{"key": "weighted-average-rate", "type": "definition", "offset": [18, 39]}, {"key": "financing-transactions", "type": "definition", "offset": [57, 79]}, {"key": "public-bonds", "type": "definition", "offset": [99, 111]}, {"key": "the-special", "type": "definition", "offset": [127, 138]}, {"key": "bank-of", "type": "definition", "offset": [208, 215]}], "size": 2, "samples": [{"hash": "1x8lfGcmXYm", "uri": "/contracts/1x8lfGcmXYm#selic", "label": "Share Purchase Agreement (Fleetcor Technologies Inc)", "score": 27.2094459534, "published": true}, {"hash": "2hkzsaXxRZ8", "uri": "https://investor.fleetcor.com/static-files/79039e49-aad6-4894-8e3b-eb4c2fccfafe", "label": "investor.fleetcor.com", "score": 9.9637231827, "published": false}], "hash": "512d332b8060fb4a75474427a4ebc8fc", "id": 8}, {"snippet": "means the rate determined in the Special Liquidation and Custody System (SELIC) and obtained upon the calculation of the weighted and adjusted average rate of the financing operations for one day, guaranteed by public federal bonds and run in the referred system or in assets clearing and liquidation houses, by way of committed operations.", "snippet_links": [{"key": "the-rate", "type": "definition", "offset": [6, 14]}, {"key": "the-special", "type": "definition", "offset": [29, 40]}, {"key": "calculation-of-the", "type": "clause", "offset": [102, 120]}, {"key": "rate-of", "type": "clause", "offset": [151, 158]}, {"key": "the-financing", "type": "clause", "offset": [159, 172]}, {"key": "guaranteed-by", "type": "clause", "offset": [197, 210]}], "size": 1, "samples": [{"hash": "diVEkkUmhXY", "uri": "/contracts/diVEkkUmhXY#selic", "label": "Stockholders' Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD)", "score": 21.0, "published": true}], "hash": "de1f90906467686e6d4c8ea130e455bc", "id": 9}, {"snippet": "Security Equity Life Insurance Company, the issuer of this Contract, also referred to as the \"Company\".", "snippet_links": [{"key": "security-equity", "type": "definition", "offset": [0, 15]}, {"key": "life-insurance-company", "type": "definition", "offset": [16, 38]}, {"key": "the-issuer", "type": "definition", "offset": [40, 50]}, {"key": "this-contract", "type": "definition", "offset": [54, 67]}], "size": 1, "samples": [{"hash": "4sU5ggAGZVA", "uri": "/contracts/4sU5ggAGZVA#selic", "label": "Flexible Premium Variable Life Insurance Contract (Security Equity Life Insurance Co Separate Account 13)", "score": 18.0, "published": true}], "hash": "c2d36b905cfa630e7d22798ba70fd3e6", "id": 10}], "next_curs": "ClISTGoVc35sYXdpbnNpZGVyY29udHJhY3Rzci4LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIOc2VsaWMjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means the base interest rate of Sistema Especial de Liquida\u00e7\u00e3o e de Cust\u00f3dia \u2013 SELIC, as administered by the Central Bank of Brazil, or any other index that may replace it.", "size": 39, "title": "SELIC", "id": "selic", "examples": ["None Brazil Citibank, N.A., Sao Paulo Companhia Brasileira de Liquidaco e Custodia (CBLC) Center for the Custody and Financial Settlement of Securities (CETIP) Special Settlement and Custody System (<strong>SELIC</strong>) Bulgaria ING Bank \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 The Central Depository Bulgarian National Bank Burkina Faso Societe Generle de Banques Cote d&#x27;Ivoire, Abidjan Depositaire Central/Banque de Reglement (DCBR) Canada Royal Bank of Canada, Toronto Canadian Depository for Securities, Ltd.", "The delay in payment the burden foreseen in the clause will imply in the charge of an interest on arrears fine in the amount of 0.33% per day, up to the limit of 10% (ten per cent), added by the referential tax <strong>SELIC</strong> for Federal titles, to be applied on the value of the debt considering every day the payment is delayed.", "CHESS RITS Poland CRBS NDS Austria OeKB AG Portugal Central de Valores Mobiliarios Bahrain None Romania NBR SNCDD Stock Exchange Registry, Clearing &amp; Settlement Bangladesh None Russia DCC NDC VTB Belgium BKB CIK Singapore CDP MAS Bermuda None Slovak Republic NBS SCP Botswana None Slovenia KDD Brazil CBLC CETIP <strong>SELIC</strong> South Africa STRATE The Central Depository (Pty) Ltd.", "Bank of Botswana Brazil Citibank NA Companhia Brazileira de Liquidacao e Custodia (CBLC) <strong>SELIC</strong> system CETIP system or CBLC Bulgaria ING Bank N.V. Central Depository AD (CDAD) Bulgaria National Bank (BNB) Canada (depository securities) The Northern Trust Company, Canada Canadian Depository for Securities Ltd.", "None Brazil BankBoston, N.A., Sao Paulo Companhia Brasileira de Liquidaco e Custodia (CBLC) Center for the Custody and Financial Settlement of Securities (CETIP) Special Settlement and Custody System (<strong>SELIC</strong>) Bulgaria ING Bank \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 Tzentralen Depozitar AD Bulgarian National Bank Burkina Faso Societe Generle de Banques Cote d&#x27;Ivoire, Abidjan Depositaire Central/Banque de Reglement (DCBR) Canada Royal Bank of Canada, Toronto Canadian Depository for Securities, Ltd.", "CHESS RITS Austria OeKB AG Bahrain None Bangladesh None Belgium BKB CIK Bermuda None Botswana None Brazil CBLC CETIP <strong>SELIC</strong> Bulgaria The Bulgarian National Bank The Central Depository Canada Bank of Canada CDS Chile DCV China SSCC SSCCRC Clearstream Colombia DCV DECEVAL B2-1 \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Ministry of Finance SDA Czech Republic SCP TKD Denmark VP Ecuador DECEVALE, S.A. Egypt Misr for Clearing, Settlement &amp; Dep.", "Brazil Balc\u00e3o Organizado de Ativos e Derivativos S.A. (CETIP) (private bonds) Brazil the Sistema Especial de Liquida\u00e7\u00e3o e Cust\u00f3dia (<strong>SELIC</strong>) (public bonds) Bulgaria Central Depository AD (CDAD) - (corporate securities) Bulgaria The Bulgarian National Bank \u2013 (government securities) Canada CDS Clearing and Depository Services Inc.", "Poland CRBS CHESS NDS RITS Austria OeKB AG Portugal Central de Valores Mobiliarios Bahrain None Romania NBR SNCDD Stock Exchange Registry, Clearing &amp; Settlement Bangladesh None Russia DCC NDC VTB Belgium BKB Singapore CDP CIK MAS Bermuda None Slovak Republic NBS SCP Botswana None Slovenia KDD Brazil CBLC South Africa STRATE CETIP The Central Depository <strong>SELIC</strong> (Pty) Ltd.", "BRAZIL CITIBANK, N.A. CENTRAL OF CUSTODY AND FINANCIAL SETTLEMENT OF SECURITIES (CETIP), COMPANHIA BRASILERIA DE LIQUIDACAO E CUSTODIA (CBLC), SISTEMA ESPECIAL DE LIQUIDACAO E DE CUSTODIA (<strong>SELIC</strong>) BULGARIA ING BANK N.V. BULGARIAN NATIONAL BANK (BNB) CENTRAL SECURITY DEPOSITORY AD (CDAD) BURKINA FASO SOCIETE GENERALE DE BANQUES EN COTE D&#x27;IVOIRE DEPOSITAIRE CENTRAL/BANQUE DE REGLEMENT (DC/BR) CANADA THE NORTHERN TRUST COMPANY, CANADA CANADIAN DEPOSITORY FOR SECURITIES LTD.", "The unused parcel of credit will be readjusted until the date of its utilization, by the figures observed in the same period, of the average adjusted current yield of the daily loans regulated in the Sistema Especial de Liquidacao e de Custodia - <strong>SELIC</strong>."], "related": [["telric", "TELRIC", "TELRIC"], ["roomer", "Roomer", "Roomer"], ["seaplane", "Seaplane", "Seaplane"], ["sailboat", "Sailboat", "Sailboat"], ["aeroplane", "aeroplane", "aeroplane"]], "related_snippets": [], "updated": "2025-07-24T04:27:56+00:00"}, "json": true, "cursor": ""}}