Brazilian Banks definition

Brazilian Banks means the Original Brazilian Banks and any assignee or transferee to whom rights and/or obligations in respect of the Brazilian Facility Agreement are assigned, transferred or novated in accordance with the provisions thereof;
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Brazilian Banks means Banco BTG Pactual S.A., Banco Santander (Brasil) S.A., Banco Bradesco BBI S.A. andBanco Itaú BBA S.A.
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Brazilian Banks means certain Brazilian Banking institutions with which Borrower’s Brazilian subsidiary transacts business from time to time.
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Examples of Brazilian Banks in a sentence

  • The initiative is sponsored and organized jointly by (i) industry associations, namely the Brazilian Association for Financial and Capital Markets (ANBIMA) and the Brazilian Banks Federation (FEBRABAN), (ii) government agencies, such as the Brazilian Central Bank and the National Treasury, and (iii) market operators, i.e., the Securities, Commodities and Futures Exchange (BM&FBOVESPA) and the OTC clearing house (Cetip S.A.).

  • In compliance with CMN Resolution nº 4,327, dated 04.25.2014 and the SARB Regulation n.14, dated 08.28.2014 (Self – regulation of Brazilian Banks Federation - Febraban), the environmental responsibility policy permeates activities related to the risk management.The Bank adopts a risk management structure that aims to identify, classify, assess, monitor, mitigate and control the environmental risk.

  • Source: IF Data, available at https://www3.bcb.gov.br/ifdata/ Figure F.4: Return Over Assets Brazilian Banks Other Countries Notes: Return Over Assets Defined as Net Income divided by Total Assets.

  • Csillag (2015) shows new product development increase customer satisfaction in Brazilian Banks by improving service quality.While reviewing new product development, Onalo(2004) highlighted the following benefits which are attributed to the growing trend among banks: Enhancement of individual banks corporate image, bringing banking services nearer to people, showing up capital base of banks due to increased deposits.

  • This is quite common under financing contracts related to Brazilian Banks such as BNDES and Banco do Brasil, in which the financing agent will have to authorize the sale of the secured vessel by the owner.

  • Belaisch, Agnes (2003), Do Brazilian Banks Compete, IMF Working Paper, 1, 1-22, 2003.

  • The benefit obtained by the Brazilian Banks abroad are taxed at the headquarters as well as at their subsidiaries.

  • Makler, “The Persistence of Corporatist Strategies: Brazilian Banks, Their Politics, and the State,” Paper for the XIII World Congress of Sociology, Bielefeld, Germany, 18–23 July 1994.

  • Required Principal Payments on all Term Debt, excluding Short-Term Loans from the Brazilian Banks to Finance Export Accounts Receivable from Borrower's Brazilian Subsidiary R.

  • For instance, Figure 2 shows the actual spreads on loans provided fi3 Chapter 5 of the World Bank Global Development Finance Report (2004) shows that, for a set of developing economies in which trade lines can be matched to comparable domestic finance loans, the spreads by a number of Brazilian Banks through different lines of credit.

Related to Brazilian Banks

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Banks shall include the Agent in its individual capacity.

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

  • Swiss Franc means the lawful currency of Switzerland.

  • Mexican Pesos means the lawful currency of Mexico.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Swiss Francs means the lawful currency of Switzerland.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Purchasing Banks as defined in subsection 10.5(d).

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Swedish Krona means the lawful currency of Sweden.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • freely usable currency means freely usable currency as defined under the Articles of Agreement of the International Monetary Fund.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • Canadian Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian agent for the Lenders hereunder, or any successor Canadian agent.