SISBACEN definition

SISBACEN means the Sistema de Informações do Banco Central, the information recording system of the Brazilian Central Bank.
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Examples of SISBACEN in a sentence

  • The Borrower will ensure that the Schedule of Payments (Esquema de Pagamento) (“Schedule of Payments”) evidencing the repayment schedule of each of the Loans hereunder shall be registered and in effect under SISBACEN no later than 10 (ten) days prior to the first Interest Payment Date.

  • Any amounts in this Agreement expressed in United States dollars shall be converted into Reais by the average of the purchase and sale rates for United States dollars published by the Central Bank of Brazil on the Business Day immediately prior to the date on which any payment is due or conversion is to be made in accordance with the terms of this Agreement through the SISBACEN data system under rate PTAX 800, option 5 – L – Taxas para Contabilidade.

  • Within five (5) days after the registration of the Schedule of Payments with SISBACEN as set forth in the preceding sentence, the Borrower shall send a complete copy of the relevant ROF (containing the Schedule of Payments) to the Administrative Agent and the Lenders.

  • If Banco Central do Brasil fails to report the PTAX 800 through the SISBACEN system, the parties hereby agree to adopt the rate of sale of the Foreign Currency that ITAÚ is using.

  • Except for the Subscription Price, all amounts in this Agreement expressed in United States dollars shall be converted into Reais, and vice-versa, by the average of the purchase and sale rates for United States dollars published by the Central Bank of Brazil on the Business Day prior to the date on which any payment is due or conversion is to be made in accordance with the terms of this Agreement through the SISBACEN data system under rate PTAX 800, option 5 – L – Taxas para Contabilidade.

  • The "BRAZILIAN CURRENCY EQUIVALENT" of the amount of a borrowing denominated in Dollars means an amount in the legal currency of Brazil computed by multiplying such Dollar amount by the buying rate of exchange of Dollars into the legal currency of Brazil made public by the Central Bank of Brazil for commercial transactions under the Code PTAX 800 of SISBACEN for the Business Day immediately prior to the relevant Borrowing Date.

  • The Loan shall be disbursed in Reais, calculated in accordance with the commercial exchange market valid for the day immediately prior to the date of the disbursement, as published by the Central Bank of Brazil through the SISBACEN system under PTAX 800 rate, option 5, or any other rate publicly available that may replace the PTAX 800 rate.

  • SISBACEN) on the relevant payment date in immediately available funds by wire transfer to an account specified by each applicable Investor in writing to Nova Ponte and ▇▇▇▇▇ Limited.

  • ISSUER shall keep cash on the last business day of each month, immediately available resources or financial investments with daily liquidity in the minimum value, in Reais, equivalent to twenty million dollars (USD 20,000,000.00), observing the conversion rate of the Dollar by PTAX 800, Option 5, as disclosed by SISBACEN of the Central Bank of Brazil ("Minimum Balance"), and shall prove to CREDITOR, through bank statements of the current accounts of ISSUER.

  • Issuance Amount = Outstanding balance of the Notes, plus accrued and unpaid interest thereon, if any, converted into Reais based upon the United States of America dollar sale rate calculated using the PTAX-800 (Option 5) transaction published by SISBACEN on the date preceding the conversion date.

Related to SISBACEN

  • H.15(519) means the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • 15(519) means the weekly statistical release designated as such, or any successor publication, published by the Board of Governors of the Federal Reserve System. The date of determination of a Make-Whole Premium will be the third Business Day prior to the applicable prepayment date and the "most recent H.15(519)" means the H.15(519) published prior to the close of business on the third Business Day prior to the applicable prepayment date.

  • Central Bank means the Central Bank of Ireland or any successor thereto.

  • INTERCAM BANCO undertakes to provide the "CUSTOMER" the Host to Host Banking service, through which it will allow the "CUSTOMER" to send or receive files in ".txt" format, for payments in SPEI, SPID, international transfers, credit card payments, as well as for balance inquiries and electronic account statements through SWIFT MT940 and SWIFT MT942. Likewise, the "CUSTOMER" must designate and register the beneficiaries in the terms set forth in the common legislation. Notwithstanding the foregoing, "INTERCAM BANCO" may make available to the "CUSTOMER" other formats that expand the range of operations and services provided through Host to Host Banking that "INTERCAM BANCO" will make known to the "CUSTOMER". "INTERCAM BANCO" will provide the connection to the Host to Host Banking service through a Secure File Transfer Protocol, "SFTP" (for its acronym in English), or through an Application Programming Interface, "API" (for its acronym in English). For purposes of the foregoing, in order to request the activation of the Host to Host Banking service, the "CUSTOMER" must have previously contracted an "Account" with "INTERCAM BANCO" in terms of Chapter I of this "Agreement". The "CUSTOMER" shall indicate to "INTERCAM BANCO" through the Host to Host Banking service the personnel authorized to register and carry out operations in the "Account(s)", who shall be solely responsible for the use of the system used by the "CUSTOMER" for its connection to the Host to Host Banking service. THIRTEENTH ONE. "INTERCAM BANCO" will provide the Host to Host Banking service from 9:00 a.m. to 4:00 p.m. every "BUSINESS DAY". Likewise, "INTERCAM BANCO" may extend or restrict the hours in accordance with its operational needs, having to previously inform the "CUSTOMER" by the means agreed by both for such purpose under this service and/or "Contract".

  • Levee system means a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices.