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German
Portuguese
'ancillary
system
(
AS
)'
means
a
system
managed
by
an
entity
that
is
subject
to
supervision
and/or
oversight
by
a
competent
authority
and
complies
with
the
oversight
requirements
for
the
location
of
infrastructures
offering
services
in
euro
,
as
amended
from
time
to
time
and
published
on
the
ECB
website
,
in
which
payments
and/or
financial
instruments
are
exchanged
and/or
cleared
while
the
resulting
monetary
obligations
are
settled
in
TARGET2
in
accordance
with
Guideline
ECB/2007/2
and
a
bilateral
arrangement
between
the
ancillary
system
and
the
relevant
CB
[EU]
"ancillary
system
(AS)"
means
a
system
managed
by
an
entity
that
is
subject
to
supervision
and/or
oversight
by
a
competent
authority
and
complies
with
the
oversight
requirements
for
the
location
of
infrastructures
offering
services
in
euro
,
as
amended
from
time
to
time
and
published
on
the
ECB
website
,
in
which
payments
and/or
financial
instruments
are
exchanged
and/or
cleared
while
the
resulting
monetary
obligations
are
settled
in
TARGET2
in
accordance
with
Guideline
ECB/2007/2
and
a
bilateral
arrangement
between
the
ancillary
system
and
the
relevant
CB
'Börsengang'
(
Initial
Public
Offering
-
IPO
)
Börseneinführung
eines
Unternehmens
; n) [EU]
"Oferta
pública
inicial
(OPI)", o
processo
de
lançamento
da
venda
ou
da
distribuição
de
acções
de
uma
empresa
ao
público
pela
primeira
vez
;
Eine
Tranche
(
oder
Sub-Tranche
)
wird
gegenüber
anderen
Tranchen
(
oder
Sub-Tranchen
)
derselben
Emission
als
nicht
untergeordnet
angesehen
und
ist
vorrangig
,
wenn
diese
Tranche
(
oder
Sub-Tranche
) -
wie
in
den
Emissionsbedingungen
festgelegt
-
gemäß
der
Zahlungsrangfolge
,
die
nach
Zustellung
einer
Mitteilung
,
dass
diese
Rangfolge
zur
Anwendung
kommt
(
Enforcement
Notice
),
gilt
,
gegenüber
anderen
Tranchen
oder
anderen
Sub-Tranchen
(
in
Bezug
auf
Kapitalbetrag
und
Zinsen
)
bevorzugt
befriedigt
wird
oder
in
Bezug
auf
die
zugrunde
liegenden
Vermögensgegenstände
als
Letzte
von
den
Verlusten
erfasst
wird
." [EU]
Considera-se
que
uma
tranche
(ou
sub-tranche
)
não
está
subordinada
a
ou
tras
tranches
(ou
sub-tranches
)
da
mesma
emissão
e
que
se
trata
de
uma
tranche
sénior
se
-
de
acordo
com
a
ordem
prioritária
dos
pagamentos
aplicável
após
interpelação
(enforcement
notice
)
conforme
o
previsto
no
Documento
de
Informação
(offering
circular
) - a
mesma
tranche
(ou
sub-tranche
)
receber
um
pagamento
(de
capital
ou
juros
)
com
prioridade
sobre
outras
tranches
(ou
sub-tranches
)
ou
for
a
última
cujos
activos
subjacentes
venham
a
sofrer
prejuízo
.» .
IPO
(
Initial
Public
Offering
)
oder
das
erste
Angebot
der
Anteile
eines
Unternehmens
auf
dem
Kapitalmarkt
. [EU]
Uma
oferta
pública
inicial
ou
primeira
venda
de
acções
de
uma
empresa
ao
público
.
Prospekt
der
Kookmin
Bank
,
Angebot
von
American
Depositars
Shares
(
18
.
Juni
2002
),
Anhang
67
zum
Vorbringen
von
Micron
Technology
Italia
vom
14
.
Mai
2003
zur
vorläufigen
Verordnung
(
Fett-
und
Kursivdruck
hinzugefügt
). [EU]
Kookmin
Bank
Prospectus
,
Offering
of
American
Depositary
Shares
(18
de
Junho
de
2002
) (anexo
67
das
observações
da
Micron
Technology
Italia
de
14
de
Maio
de
2003
sobre
o
regulamento
do
direito
provisório
) (o
texto
não
está
em
negro
no
original
).
Sentences marked by [EU] derived from
DGT Multilingual Translation Memory
. The European Commission retains ownership of the copyright in the original data.
Search further for "offering":
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