Banco do Brasil definition

Banco do Brasil means Banco do Brasil S.A., a sociedade anónima organized under the laws of Brazil, and its successors and permitted assigns.

Banco do Brasil and together with Itaú, the “Depositaries”) with respect to account n. 000.027.881-5, held by Pledgor with branch n. 3429-0 of Banco do Brasil (the “Accounts”), in which Pledgor undertakes to deposit or to cause to be deposited all amounts received by Pledgor in relation to: (i) all incomes, rents, revenues, profits, proceeds, accounts receivable, security deposits and other benefits, present or future, derived from its activities and trading business, (ii) all proceeds from insurance payable to the Pledgor, whether or not such insurance coverage is specifically required under the terms of the Credit Agreement, (iii) all proceeds arising on account of condemnation of any of its properties, and recoveries for any diminution in the value of its properties and (iv) to the extent not included in the foregoing items, all proceeds and products of the property referred to in items above and whatever is received upon any exchange, sale or other disposition of any of such property, whether cash or non-cash proceeds, and any and all other amounts paid or payable under or in connection with any of the foregoing and any and all documents or instruments related thereto, (the "Pledged Rights").

Banco do Brasil means Banco do Brasil and all of its offices, including Branches, and the pronouns "we," "us," and "our" also are used to signify Banco do Brasil; the "Branch" means Banco do Brasil- Miami Branch; "Banco do Brasil Affiliate" means any subsidiary or other affiliate of Banco do Brasil; "Access Service Provider" means any Internet service provider providing connection to the Internet, including any commercial online service provider such as America Online, CompuServe, and Prodigy; and "Telephone Service Provider" means any provider of local and/or long-distance telephone services .

Examples of Banco do Brasil in a sentence

• The tables below show the total Collections received by Banco do Brasil S.A. on such Allocation Date, with respect to the Collateral of the transaction.

• The investment consists of a term deposit with Banco do Brasil SA to fund the potential amounts owing to Companhia de Pesquisa de Recursos Minerais (“CPRM”).

• The impairment test of goodwill on the acquisition of Banco Nossa Caixa, which was merged into Banco do Brasil, considers the value in use of Banco do Brasil´s operations in the state of São Paulo (cash-generating unit).

• Responsible for the most significant portion of Banco do Brasil results, predominantly from operations in Brazil, this segment involves a large diversity of products and services, such as deposits, loans and services that are made available to customers by means of a wide variety of distribution channels, located in the country and abroad.

• Banco do Brasil determines the amount of resources exposed to that borrower.

• The Bylaws, the Corporate Governance and Ethics Codes also give support to the best governance practices adopted by Banco do Brasil.

• Other sources of funds are the earnings from its operations and the income on its excess cash resources paid by Banco do Brasil, the fund manager.

• Banco do Brasil does not have off-balance sheet assets and liabilities other than those indicated in the notes to the financial statements, according to the best corporate governance practices.

• The following table presents Banco do Brasil S.A. equity on its subsidiaries and affiliates.

• Banco do Brasil is not responsible for bringing up to date any estimate in this presentation.

More Definitions of Banco do Brasil

Banco do Brasil. - means Banco do Brasil S.A., a state-owned financial institution, organized under the laws of Brazil;