Common Contracts
1 similar Bank Participation Agreement contracts
ContractBank Participation Agreement • January 19th, 2020
on an ongoing basis the creditworthi- ness of the junior bank. Junior bank agreement to rely exclusively upon the credit judgment of the senior bank and purchase on an ongoing basis from the senior bank all participations in BAs regardless of the identity of the ac- count party is not appropriate in view of the risks involved. However, in those cases involving a participation between a parent bank and its Edge affiliate where the credit review for both enti- ties is performed by the parent bank, the Edge Corporation should maintain documentation indicating that it con- curs with the parent bank’s analysis and that the acceptance participation is appropriate for inclusion in the Edge Corporation’s portfolio.
