Corp Group Banking definition
Examples of Corp Group Banking in a sentence
At the Closing, (i) Corp Group Parent and Itaú Parent shall enter into the Shareholders Agreement, (ii) Corp Group Parent and CorpBanca shall enter into the Registration Rights Agreement and (iii) Interhold, Corp Group Banking and Itaú Parent shall enter into the Corp Group Pledge Agreements.
The execution, delivery and performance by Corp Group Banking of the Corp Group Pledge Agreement to which it is a party and the consummation of the transactions contemplated thereby by it have been duly and validly authorized by all necessary corporate action.
Corp Group Banking has the corporate power and authority necessary to execute, deliver and perform its obligations under the Corp Group Pledge Agreement to which it is a party and to consummate the transactions contemplated thereby.
As of the Price Payment Date (and prior to the Price Payment), the Seller and Corp Group Banking S.A. (“CGB”) shall have complied in full with all the provisions set forth under the Price Pledge Agreement and the agreements and documents related to the financing granted by BancoEstado and guaranteed by the Shares Pledges, in order for BancoEstado to execute the Termination, Settlement and Release Agreement and to receive the payment of the Price.
The Seller is not a Restricted Subsidiary (as such term is defined in the Indenture executed by and among Corp Group Banking S.A., Deutsche Bank Trust Company Americas and Deutsche Bank Luxembourg S.A., dated as of February 5, 2013, as amended from time to time (the “Indenture”)).
All references to actions or obligations of Corp Group Banking S.A. (“Corpgroup Banking”) and the Debtor (as it is defined below) must be understood as the obligations of the Buyers to ensure that Corpgroup Banking and the Debtor carry out the actions and meet these obligations.