Examples of Bank of America Group in a sentence
In accordance with these principles, some of the investment transactions for the Investment Fund are entered into by brokers/dealers of the Bank of America Group, the PNC Group and the Barclays Group, which are expected to belong to a relatively small group of global companies, to each of which a larger part the business is transferred than to other companies.
Conflicts of interest Relationships within the BlackRock Group and to the Bank of America Group, PNC Group and Bar- clays Group.
If it considers it appropriate, the Company may make use of the services of companies of the Bank of America Group, the PNC Group and Barclays Group provided that (a) their commissions and other terms and conditions are generally compara- ble to offers by unaffiliated brokers and sales rep- resentatives on the relevant market and (b) this is consistent with the principles for achieving the best possible results.
In furtherance of the foregoing, Borrower and Guarantor each hereby grant a right of set-off to Bank in any property of Borrower or Guarantor held by or in the possession of Bank or Bank of America Group.
Bank, Securities Intermediary and Bank of America Group may assign any of their respective rights and obligations under this Agreement.
This Agreement will terminate (i) upon transmittal of a request from Borrower to Bank or Bank of America Group and Bank’s acceptance of such request, or (ii) at any time at Bank’s discretion, and, upon such termination, the Bank may refuse with or without cause to make any further Advances.
In the event Bank or Bank of America Group has received a request from Borrower to terminate the Agreement and/ or close the LMA account, any subsequent Advance extended by Bank to the Borrower shall be conclusive evidence that the Bank has not accepted such request, the Agreement has not been terminated and that the Agreement and security interest and liens hereunder remain in full force and effect.
Consistent with the above policies, it is anticipated that a proportion of the Company’s investment transactions will be executed through Bank of America Group, Barclays Group or PNC Group broker dealers and that they will be amongst a relatively small group of global firms which may each be assigned a larger proportion of transactions than the proportion assigned to any other firm.
Purchase of the receivables was financed by an American company from the Bank of America Group.
None of the Bank of America Group owns an economic interest in any of the Series.