BANCOMER is defined in the Recitals.
BANCOMER. “Ruta Quetzal”, “Argentaria”, “Blue”, “Adelante”, “Libreton”, “Libretazo”, “Envios de Dinero”, “Pasión por las Personas”, “Trabajamos por un Futuro Mejor para las Personas”, “Provincial”, “Continental”, the Sellers’ Group logo, or any Trademark, or employing the Trademark “BBVA”, “Grupo BBVA”, “BANCOMER”, “Ruta Quetzal”, “Argentaria”, “Blue”, “Adelante”, “Libreton”, “Libretazo”, “Envios de Dinero”, “Pasión por las Personas”, “Trabajamos por un Futuro Mejor para las Personas”, “Provincial”, “Continental”, the Sellers’ Group logo, or any Trademark confusingly similar thereto, whether registered or unregistered (collectively, the “Sellers’ Trademarks”). Each of the Target Companies shall assign any rights, title or interest it has in or to any of the Sellers’ Trademarks, including the Trademarks listed in Section 5.10(a) (Interest in Intellectual Property) of the Sellers’ Disclosure Letter to a Seller or a designee specified by the Seller at or prior to the Closing.
BANCOMER. “Ruta Quetzal”, “Argentaria”, “Blue”, “Adelante”, “Libreton”, “Libretazo”, “Envios de Dinero”, “Pasión por las Personas”, “Trabajamos por un Futuro Mejor para las Personas”, “Provincial”, “Continental”, the Sellers’ Group logo, or any Trademark confusingly similar thereto, whether registered or unregistered (collectively, the “Sellers’ Trademarks”). Each of the Target Companies shall assign any rights, title or interest it has in or to any of the Sellers’ Trademarks, including the Trademarks listed in Section 5.10(a) (Interest in Intellectual Property) of the Sellers’ Disclosure Letter to a Seller or a designee specified by the Seller at or prior to the Closing.
Examples of BANCOMER in a sentence
LAS CONTRAPARTES CON LAS QUE LA COMPAÑÍA TIENE CONTRATOS PARA REALIZAR OPERACIONES FINANCIERAS DERIVADAS BILATERALES SON:BANCO NACIONAL DE MÉXICO S.A., BBVA BANCOMER S.A., BARCLAYS BANK PLC W.
BBVA ASSET MANAGEMENT, S.A., S.G.I.I.C. has, with the consent of the Company, delegated its investment management functions to BBVA BANCOMER GESTIÓN, S.A. DE C.V.
BANCOMER began offering small and microfinance loans in late 1998, and by December of 1999 had a total of 623 clients under this program with total loans of US$ 857,000.
Banco de Comercio, S.A. (BANCOMER) During the month of January, CARANA resident advisor, José Luis Lozano conducted a one week diagnostic review of BANCOMER's microfinance operations.
Furthermore, during 2000, the program's manager and other key staff left BANCOMER to start another microfinance program at a competitor bank (AVAL Micro).
More Definitions of BANCOMER
BANCOMER means Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero, División Fiduciaria (currently BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer).
BANCOMER shall keep or maintain the “ASSETS” as agreed herein and in accordance with applicable legal provisions. The “ASSETS” shall not be subject to any right, charge, security interest, lien or claim of any kind in favor of “BANCOMER” or its creditors except for the payment of fees in connection with the safe custody and administration of “THE SECURITIES” or, in the case of cash deposits, liens or rights in favor of creditors of “BANCOMER” arising under bankruptcy, insolvency, or similar laws. The “ASSETS’ shall be freely transferable by “THE CUSTOMER” without the payment of money or value other than for safe custody or administration. Likewise “BANCOMER” shall keep a record of the “ASSETS” taking into consideration, as applicable the type of securities, the issuer, the series, the “International Securities Identification Number” (ISIN), the price, the amount, the maturity date and any other information required to fully identify “THE SECURITIES”. The “ASSETS” shall be kept separate from “BANCOMER”’s own assets and the assets of any other client or account of “BANCOMER” at all times. “BANCOMER” shall not be liable for price and interest rate fluctuations for “THE SECURITIES” in BANCOMER’s custody in the “ACCOUNT” due to market fluctuations or changes; nor for the prices set and notified by the Price Vendors and noted for valuation information purposes with regard to “THE CUSTOMERS” portfolio.
BANCOMER may reject instructions given by the “THE CUSTOMER” for legally justifiable reasons (understanding legally justifiable reason to be any reason resulting from the enforcement of the law or any other order issued by the relevant authorities), in which case “BANCOMER” shall notify “THE CUSTOMER” of said situation in a timely manner, and shall not be responsible for failure to carry out said instructions. “THE CUSTOMER” may cancel or change its instructions through any means agreed to herein, provided “THE CUSTOMER” does so before the relevant instruction is carried out and before the closing of the transactions specified in Exhibit “4”, and provided “BANCOMER” is able to carry out the new instructions, and “THE CUSTOMER” agrees, when applicable, to pay any expenses and costs resulting from the cancellation of or change in “THE CUSTOMER’S” instructions, as well as to indemnify “BANCOMER” for any damages that could arise. “THE CUSTOMER’S” instructions shall be received within the hours specified in Exhibit 4. It is agreed that the best effort shall be made to carry out instructions received after said hours, or that said instructions shall be carried out on the business day following the day on which they were received.
BANCOMER shall maintain adequate records of the “ASSETS” as belonging to “THE CUSTOMER” or as being held by a third party for the benefit of “THE CUSTOMER”, including their type, series, price, amount, maturity and any other characteristic necessary for their complete identification. Evidence of deposits, withdrawals and transfers of “ASSETS”, including those involving any deposit, withdrawal or transfer to or from the “ACCOUNT” or a third party account containing “ASSETS” held on behalf of “THE CUSTOMER” shall be provided through monthly account statements and daily reports issued by “BANCOMER” to “THE CUSTOMER” with the reference of the ACCOUNT’S” number “THE CUSTOMER” may deposit or withdraw “ASSETS” using the procedure to make transfers from other accounts to the “ACCOUNT”, in which case deposits or withdrawals made or transfers carried out shall be validated through the instructions given by “THE CUSTOMER” using any means agreed to herein through the entries made by “BANCOMER” in its records, as well as through the account statements issued by ‘BANCOMER” for deposits or withdrawals made When pursuant to the law “THE SECURITIES” shall be kept in a securities depositary institution, or in any other institution in no case shall “BANCOMER” be obliged to physically deliver “THE SECURITIES” to “THE CUSTOMER”, but only to provide proof that such “SECURITIES” have been deposited.
BANCOMER shall follow the same procedure with regard to the interest paid by “THE SECURITIES” deposited to the “ACCOUNT”.
BANCOMER shall not in any way be responsible if after the issuers of “THE SECURITIES” announce the payment of said dividends, interest and redemptions, the issuers do not pay said dividends, interest and redemptions or if there is a delay in the settlement on the part of the issuer or settling institution (Securities Depository Firm, Banking Institution, Clearing Agency, etc.).
BANCOMER shall not be liable to “THE CUSTOMER” for any acts or situations involving the issuer of “THE SECURITIES”, the Securities Depositary Institution, or any other institution providing a similar service, affecting or obstructing the exercise of a right referred to in this article. CANCELING THE “ACCOUNT” NINETEEN.- If “THE CUSTOMER” should cancel the “ACCOUNT”, or if for any legally justifiable reason (understanding legally justifiable reason to be any reason resulting from the enforcement of the law or any other order issued by the relevant authorities) “BANCOMER” cancels the “ACCOUNT”, “BANCOMER” shall put “THE SECURITIES” at the disposal of “THE CUSTOMER”, which “SECURITIES” shall be delivered or transferred according to the instructions received from “THE CUSTOMER” within five business days after the termination date of the “ACCOUNT”, and “THE CUSTOMER” shall pay the custody fees due and any fees owed during said period If “THE CUSTOMER” does not notify “BANCOMER” where “THE SECURITIES” are to be transferred, within the aforementioned time period, “BANCOMER” shall be relieved of any obligation to exercise the rights resulting from “THE SECURITIES”, and shall only be responsible for receiving earnings, returns or interest, until “THE CUSTOMER” notifies “BANCOMER” how “THE SECURITIES” shall be delivered or transferred. Likewise, as of the notification date, “BANCOMER” shall put at the disposal of “THE CUSTOMER” the cash in the “ACCOUNT”, and said cash will not earn any interest. To cancel the “ACCOUNT”, “THE CUSTOMER” shall have previously paid any fees, expenses and costs generated and/or owed for the custody service, before “BANCOMER” delivers THE SECURITIES and cancels the “ACCOUNT”.