Investment Banks definition

Investment Banks shall have the meaning assigned to such term in Section 5.14.

Investment Banks has the meaning provided in Section 5.10.

Investment Banks create loan agreements that cater to the needs of the investors whose funds they attempt to attract; "investors" are always sophisticated and accredited organizations not subject to bank regulatory supervision and the need to cater to the public trust. Investment banking activities are supervised by the SEC and their main focus is on whether the correct or proper disclosures are made to the parties who provide the funds. Types of Loans: bilateral loans syndicated loans Categorizing loan agreements by type of facility usually results in two primary categories: term loans, which are repaid in set installments over the term, or revolving loans (or overdrafts) where up to a maximum amount can be withdrawn at any time, and interest is paid from month to month on the drawn amount. Within these two categories though, there are various subdivisions such as interest-only loans, and balloon payment loans. It is also possible to subcategorize on whether the loan is a secured loan or an unsecured loan, and whether the rate of interest is fixed or floating. Contents of Loan agreement Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses Definitions or interpretation provisions Facility and purpose[1] Conditions precedent to utilization Repayment provisions Prepayment and cancellation provisions Interest and interest periods Provisions dealing with gross-up in relation to any withholding imposed Payments provisions Representations of the borrower Representations of the lender Covenants of the borrower[2] Events of default Remedies in the event of default Provisions for penalties and liquidated damages For syndicated loans, provisions relating to the facility agent and security agent and voting of the lenders Formulae for calculations Provisions for fees of the lenders Provisions for expenses Securitization provisions Amendments and waivers provisions Covenants relating to changes in parties Set-off clause Severability clause Counterparts clause Addresses for notices Language provisions Choice of law clause Forum selection clause Appointment of a process agent See also Debt Cleanup clause Cov-lite Gross-up_clause Footnotes ^ Purpose provisions serve a variety of purposes in different jurisdictions, but they are often used to seek to impose a Quistclose trust on the loan proceeds if th...

Examples of Investment Banks in a sentence

• If a provision in these Rules is expressed to be inapplicable to an Investment Bank or a Registered Person of an Investment Bank, the relevant requirements in the Guidelines on Investment Banks and any other requirement the Central Bank specifies on the matter will apply instead.

• If a provision in these Rules is expressed to be inapplicable to an Investment Bank or a Registered Person of an Investment Bank, the relevant requirements in the Guidelines on Investment Banks and any other requirement the Central Bank specifies on the matter (“the Relevant Guidelines and Requirements”) will apply instead.

• Source: State Bank of Pakistan Besides the financial institutions mentioned above a number of Leasing Companies, Modaraba Companies, Investment Banks are also providing financing facilities to the industrial sector.

• If the parties are unable to reach agreement on an Investment Bank, each party shall, within the following 15 days, deliver to the other party a list of six Investment Banks, numbered one through six.

• The Parties shall take all appropriate measures to promote and facilitate the European Investment Bank's activities in Chile, in accordance with its own procedures and financing criteria and with their laws and regulations, and without prejudice to the powers of their competent authorities.

More Definitions of Investment Banks

Investment Banks has the meaning assigned to that term in Section 7.15(a).

Investment Banks means the financial institutions engaged by the Borrower in connection with the Senior Notes Issuance.

Investment Banks means Goldman Sachs & Co. LLC, RBC Capital Markets and Moelis & Company, or, as applicable, their respective Affiliates. “Investor” has the meaning set forth in the recitals.

Investment Banks has the meaning specified in Section 5.01(o)(i).

Investment Banks means Gxxxxxx Sxxxx & Co. LLC, RBC Capital Markets and Moelis & Company, or, as applicable, their respective Affiliates.

Investment Banks has the meaning provided in the Debt Commitment Letter.

Investment Banks means, collectively, Chase Securities Inc., Goldman, Sachs & Co. and Lehman Brothers Inc.