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. and Banco 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.).

  • 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.

  • 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.

  • Some 52 private international banks – including a growing number of developing country banks such as Ned Bank in South Africa and four of the largest Brazilian Banks – also commit under the Equator Principles to apply, for project finance and project finance advisory services for transactions of $10 million and above, World Bank/IFC PPAH and IFC industry sectoral environmental and health guidelines.

  • Although BNDES can be considered in an outstanding position when compared with its competitors (other Brazilian Banks, Development Banks and Multilateral Agencies), as respected and well-known brand with a young and well educated labor force, there are, inter alia, some quite important challenges which could be faced in the near future:.

  • Most importantly, four companies are huge Brazilian Banks, and one is an Automaker, which demonstrates the industry dynamics and complexity to specialized companies.The core operation of a Consortium is relatively simple.

  • This Standard is related to the fundamental principles established by the Code of Ethical Conduct.The preparation of this document observes the Principles of Relevance, Proportionality and Efficiency, according to the terms set forth by the National Monetary Council Resolution No. 4327/2014 and by the Banking Self-Regulation System (SARB) of the Brazilian Banks Federation, No. 14/2014.

  • 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.

  • The questionnaires were sent to banks which were associated to Brazilian Banks Federation (FEBRABAN), American Banks Association (ABA), Uruguayan Banks Association (ABU), Argentinean Banks Association (ABA), and Chilean Financial Institutions Association (ABIF).

  • 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.

Related to Brazilian Banks

  • UK Non-Bank Lender means a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • 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 lenders from time to time party to the Bank Credit Agreement.

  • Banks shall include the Agent in its individual capacity.

  • Swiss Franc means the lawful currency of Switzerland.

  • Mexican Pesos means the lawful currency of Mexico.

  • Domestic Loan Parties means, collectively, the Domestic Borrowers and each Subsidiary of the Lead Borrower that is or becomes a guarantor of the Obligations. “Domestic Loan Party” means any one of such Persons.

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

  • U.S. Lenders means the Lenders having U.S. Commitments or outstanding U.S. Loans.

  • 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 as defined in the preamble hereto.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.