Bangko Sentral ng Pilipinas definition

Bangko Sentral ng Pilipinas means the Central Bank of the Republic of the Philippines, and any successor thereto.
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Bangko Sentral ng Pilipinas means the Borrower’s central bank and any successor thereto;
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Bangko Sentral ng Pilipinas means the central bank of the Guarantor and any successor thereto;
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Examples of Bangko Sentral ng Pilipinas in a sentence

  • All sectors Sub-Sector : - Industry Classification : - Level of Government : Central and Regional Type of Obligation : National Treatment Description of Measure : National Treatment shall not apply to any measure relating to registration of foreign investment (equity and debt) and foreign loans with the Bangko Sentral ng Pilipinas.

  • Note: Registration of a foreign investment (equity and debt) with the Bangko Sentral ng Pilipinas (BSP) is required if the foreign exchange needed to service the repatriation of capital and the remittance of dividends, profits and earnings which accrue thereon shall be sourced from Authorized Agent Banks (AABs) or AAB foreign exchange corporations.

  • For ABF PBIF, the TRUSTEE/MANAGER and Trustee of the FUND may jointly amend the PLAN(s)/TRUST DEED in order to comply with applicable laws and/or Bangko Sentral ng Pilipinas regulations and for such other purposes as may be deemed proper by both the TRUSTEE/MANAGER and Trustee of the FUND.

  • The Borrower shall open, prior to furnishing to the Bank the request for withdrawal from the Loan Account, and thereafter maintain a Deposit Account in US Dollars in Bangko Sentral ng Pilipinas on terms and conditions satisfactory to the Bank.

  • This Agreement shall be deemed automatically modified as and when the PLAN(s)/TRUST DEED is amended by the TRUSTEE in order to comply with applicable laws and/or Bangko Sentral ng Pilipinas regulations and for such other purposes as may be deemed proper by the TRUSTEE/MANAGER.

  • For Members that are supervised by the Bangko Sentral ng Pilipinas (“BSP”), they shall continuously comply with the requirements of the BSP.

  • The Borrower shall open, prior to furnishing to the Bank the request for withdrawal from the Loan Account, and shall thereafter maintain a deposit account in Dollars in Bangko Sentral ng Pilipinas on terms and conditions satisfactory to the Bank (“Deposit Account”).

  • The Borrower shall open and maintain in Yen a special deposit account in a commercial bank specifically authorized for this purpose by Bangko Sentral ng Pilipinas, on terms and conditions satisfactory to the Bank, including appropriate protection against set-off, seizure and attachment.

  • Bank of the Philippine Islands is regulated by the Bangko Sentral ng Pilipinas (xxxx://xxx.xxx.xxx.xx) These Supplemental Terms and Conditions shall supplement and form part of the Cash Management Agreement acceded to by the COMPANY for the use, access and management of the Facilities set forth below offered by the Bank of the Philippine Islands (the “BANK”).

  • In so far as it is necessary for the purpose of this Agreement to adopt a currency conversion rate for conversion of US dollars to Pesos or vice versa, the Parties shall use the daily rate set by the Bangko Sentral ng Pilipinas.


More Definitions of Bangko Sentral ng Pilipinas

Bangko Sentral ng Pilipinas means the Guarantor’s central bank and any successor thereto;
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Bangko Sentral ng Pilipinas means the Borrower’s central bank established pursuant to the Republic Xxx 0000 of July 3, 1993, and any successor thereto;
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Bangko Sentral ng Pilipinas and the acronym “BSP” mean the central bank of the Borrower;
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Bangko Sentral ng Pilipinas means the Recipient’s central bank, and any successor thereto.
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Bangko Sentral ng Pilipinas means the Bangko Sentral ng Pilipinas or any governmental authority which succeeds to the functions thereof;
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