SMBC Sample Clauses
SMBC. As defined in the preamble hereto. Spot Rate. For a Currency, the rate reasonably determined by the Agent to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such Currency with another Currency through its principal foreign exchange trading office at approximately 11:00 a.m. (London time) on the date two (2) Business Days prior to the date as of which the foreign exchange computation is made; provided that the Agent may obtain such spot rate from another financial institution designated by the Agent if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such Currency.
SMBC. As defined in the preamble hereto.
SMBC. [Apply $________ to payment of principal and interest of existing Loans due on the Borrowing Date]. [Apply $______ to payment of fees due on the Borrowing Date]. [Wire transfer $________ to account no. ________ at ___________ Bank, in [city, state], ABA No. __________, Reference: ________].
SMBC. SMBC (a substantial shareholder of the Bank) and its group companies offer a broad range of financial services centred on banking. The ultimate beneficial owner of SMBC is Sumitomo Mitsui Financial Group, Inc. Sumitomo Mitsui Financial Group, with banking operations as a foundation, offers a broad array of banking, credit card, leasing, information, investment securities, and other financial services. As SMBC is a substantial shareholder of the Bank, SMBC is a connected person of the Bank under the Listing Rules. Therefore, the entering into of the Framework Agreement between BEA and SMBC and the transactions contemplated thereunder constitute continuing connected transactions of BEA under the Listing Rules. As one or more applicable percentage ratios in respect of the Framework Agreement exceed 5%, the Framework Agreement and the Continuing Connected Transactions are subject to the reporting, annual review, announcement and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules. The Board has set up the Independent Board Committee to review the Continuing Connected Transactions and provide advice to the Independent Shareholders. The Bank has appointed Gram Capital as the Independent Financial Adviser to advise the Independent Board Committee and Independent Shareholders regarding the Continuing Connected Transactions. The Bank will seek approval from the Independent Shareholders regarding the Framework Agreement, the Continuing Connected Transactions and the Annual Caps at the AGM, which is tentatively scheduled to be held in or about May 2025. A notice of the AGM, containing all resolutions to be proposed at the AGM (including the resolutions to approve the Framework Agreement, the Continuing Connected Transactions and the Annual Caps) will be despatched to the Shareholders in or about March 2025. The circular of the AGM containing, among other things, (i) details of the Framework Agreement, the Continuing Connected Transactions and the Annual Caps in respect thereof; (ii) a letter from Gram Capital to the Independent Board Committee and the Independent Shareholders containing its advice on the Continuing Connected Transactions and the Annual Caps; and (iii) the recommendation of the Independent Board Committee to the Independent Shareholders in respect of the Continuing Connected Transactions and the Annual Caps, will be despatched to the Shareholders in or about March 2025.
SMBC. Term: Subject to fulfilment of the Condition, the Framework Agreement shall be effective on and from 9 May 2025 until 8 May 2028.
SMBC. SMBC (a Substantial Shareholder of the Bank) and its group companies offer a broad range of financial services including banking, leasing, securities, investment, and other credit related businesses globally.
SMBC. Sumitomo Mitsui Banking Corporation, Tokyo, Japan, is another strong partner of RHB. RHB Bank has a long-standing relationship with Japan through its strategic alliance with Sumitomo Mitsui Banking Corporation (“SMBC”) spanning over 30 years and it is this relationship with SMBC that led RHB to the culmination of the close bilateral cooperation with JBIC.