Venda definition

Venda. (“Cotações para Contabilidade” or “Rates for Accounting Purposes”) (or any successor screen established by the Central Bank).
Venda. (“Cotações para Contabilidade” or Rates for Accounting Purposes) (or any successor screen established by the Central Bank), for such Rate Determination Date and which is available on Bloomberg by typing “BZFXPTAX<INDEX><GO>” or at the Central Bank’s website at xxxx://xxx.xxx.xxx.xx; provided, however, that if the Ptax Rate scheduled to be reported on any Rate Determination Date is not reported by the Central Bank on such Rate Determination Date, then the Applicable Market Rate will be BRL12. If the Applicable Market Rate cannot be calculated as described above, the Calculation Agent will determine the Applicable Market Rate by reference to the quotations received from three leading Brazilian banks as shall be selected by the Issuer in its sole discretion (collectively, the “Reference Banks”). The quotations will be determined in each case for such Rate Determination Date as soon as practicable after it is determined that the Applicable Market Rate cannot be calculated as described above for such Rate Determination Date. The Calculation Agent will ask each of the Reference Banks for quotations for the offered Real/U.S. dollar exchange rate for the sale of U.S. dollars. The Applicable Market Rate will be the average of the Real/U.S. dollar exchange rates obtained from the Reference Banks. If only two quotations are obtained, the Applicable Market Rate will then be the average of the Real/U.S. dollar exchange rates obtained from the Reference Banks. If only one quotation is obtained, the Applicable Market Rate will be that quotation. Where no such quotations are obtained from the Reference Banks, if the Issuer determines in its sole discretion that there are one or two other suitable replacement banks active in the Real/U.S. dollar market, the Calculation Agent shall ask such banks to provide such quotations and shall use such quotations as it receives to determine the Applicable Market Rate (taking an average rate, as set forth above, if applicable).
Venda. (“Cotações para Contabilidade” or “Rates for Accounting Purposes”) (or any successor screen established by the Central Bank), for such Rate Calculation Date (the “R$ Ptax Rate”); provided, however, that if the R$ Ptax Rate scheduled to be reported on any Rate Calculation Date is not reported by the Central Bank on such Rate Calculation Date, then the Settlement Rate will be BRL12; in the event BRL12 is unavailable, then the Settlement Rate will be BRL13. If the Settlement Rate cannot be calculated as described above, the Calculation Agent will determine the Settlement Rate by reference to the quotations received from the Reference Banks. The quotations will be determined in each case for such Rate Calculation Date as soon as practicable after (i) the Calculation Agent determines that the Settlement Rate cannot be calculated as described above for such Rate Calculation Date and (ii) the identities of the Reference Banks are provided by the Company to the Calculation Agent by written notice. The Calculation Agent will ask each of the Reference Banks for quotations for the offered Brazilian real/U.S. dollar exchange rate for the sale of U.S. dollars. The Settlement Rate will be the average of the Brazilian real/U.S. dollar exchange rates obtained from the Reference Banks. If more than one quotation is obtained, the Settlement Rate will then be the average of the Brazilian real/U.S. dollar exchange rates obtained from the Reference Banks. If only one quotation is obtained, the Settlement Rate will be that quotation. Where no such quotations are obtained from the Reference Banks, if the Company determines in its sole discretion that there are one or two other suitable replacement banks active in the Brazilian real/U.S. dollar market, the Company shall ask such banks to provide such quotations to the Company, which such quotations the Company shall deliver to the Calculation Agent as soon as practicable after the identities of such replacement banks are provided by the Company to the Calculation Agent by written notice, and the Calculation Agent shall use such quotations as it receives to determine the Settlement Rate (taking an average rate, as set forth above, if applicable); provided, however, that if the Reference Banks and any such replacement banks are not providing quotations in the manner described above, the Settlement Rate will be the Settlement Rate determined as of the preceding Rate Calculation Date.

Examples of Venda in a sentence

  • Part 1: Lithostratigraphy of the Republic of South Africa, South West Africa/Namibia and the Republics of Bophuthatswana, Transkei and Venda.

  • Die Geologie van die Republieke van Suid Afrika, Transkei, Bophuthatswana, Venda, Ciskei en die Koningkryke van Lesotho en Swaziland.

  • On site supervisory staff shall personally collect their ID cards within 1 day of commencing work on the University of Venda.

  • The Contractor shall ensure that such person does not return to the University of Venda without the University first having given the Contractor its consent for that person to return.

  • Subcontractor: a person or organization who has a contract with the Contractor to perform work associated with the contract between the Contractor and the University of Venda.

  • The University of Venda is continuously improving and expanding the facilities on its campus, University Road, Thohoyandou.

  • A Convenção das Nações Unidas sobre os Contratos de Compra e Venda Internacional de Mercadorias e quaisquer regras de conflitos de lei e o Uniform Computer Information Transactions Act (quando promulgado), não serão aplicáveis ao Contrato.

  • The supervisor shall be present at all times when the Contractor's and Subcontractor's employees are working within the University of Venda.

  • No vehicle owned by the Contractor or his Subcontractors or suppliers shall be granted access to the University of Venda without being legally approved by the Director Protection Services via access card or the relevant approval process.

  • Should they or their guests, agents, representatives or invitees wish to come onto the University of Venda for any other purpose they may only do so with the consent of the University's Representative or the Director of Protection Services.


More Definitions of Venda

Venda means the former Republic of Venda as constituted on 26 April 1994;

Related to Venda

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