Examples of BST Group in a sentence
In December 2000, following a capital increase of BTA and the restructuring of the investments of the BST Group in Portugal, BTA became the head of the BTA Group, which, in addition to CPP, is comprised of BSP and BSNP.
Each Obligor shall (and the Parent shall ensure that each member of the BST Group will) maintain insurances on and in relation to its business and assets against those risks and to the extent as is usual for companies carrying on the same or substantially similar business.
Any Confidentiality Undertaking signed by a Finance Party pursuant to this Clause 29.7 shall supersede any prior confidentiality undertaking signed by such Finance Party for the benefit of any member of the BST Group.
Any litigation, arbitration, administrative, governmental, regulatory or other investigations, proceedings or disputes are commenced or threatened in relation to the Transaction Documents or the transactions contemplated in the Transaction Documents or against any member of the BST Group or its assets which has or is reasonably likely to have a Material Adverse Effect.
The Lenders represent and acknowledge that, in connection with their execution of this Agreement, they are aware of, and are relying on, the separateness of the Borrowers and Guarantors from the BST Group.
BST was established following a corporate restructuring process completed in December 2004, which merged the commercial banks within the BST Group in Portugal (being BTA, CPP and BSP) into a single legal entity.
The restructuring was an internal reorganisation of the BST Group in Portugal and resulted in BTA transferring, by operation of the merger, all of its assets into BST, which assumed all the obligations of BTA by operation of law.
The Parent shall ensure that all pension schemes operated by or maintained for the benefit of members of the BST Group and/or any of its employees are funded to the extent required by law and in compliance with applicable laws and that no action or omission is taken by any member of the BST Group in relation to such a pension scheme which has or is reasonably likely to have a Material Adverse Effect.
Furthermore, the Lenders represent and acknowledge that they are relying exclusively on the assets of the Borrowers and Guarantors, and are not relying on the assets and/or credit-worthiness of the BST Group.
Each Obligor shall (and the Parent shall ensure that each member of the BST Group will) comply in all respects with all laws to which it may be subject, if failure so to comply has or is reasonably likely to have a Material Adverse Effect.