Placement Banks definition

Placement Banks means Al Baraka Islamic Bank, Bahrain Islamic Bank, and Tadhamon Capital.
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Examples of Placement Banks in a sentence

  • Similar to the Placements, Arcapita Bank also received deposits from the Placement Banks (“Takings”) for a specified period of time, and Arcapita Bank promised a stated return.

  • The Debtors commenced the Chapter 11 Cases with approximately $120.1 million in available Cash (excluding approximately $35 million held in Placement Banks).

  • Each Taking was made pursuant to a master agreement and individual investment agreements with each of the Placement Banks and in the case of Tadhamon Capital, a Murabaha term “loan.” The Debtors intend to vigorously dispute the right of the Placement Banks to set off the Withheld Funds.

  • To the extent that the Placement Banks hold any Claims against Arcapita Bank related to the Takings or otherwise, such Claims (except to the extent, if any, that the Placement Banks prevail in their assertion of secured set off claims) are treated in Class 5(a) of the Plan.

  • Three banks in particular, Al Baraka Islamic Bank (“Al Baraka”), Bahrain Islamic Bank (“BisB”) and Tadhamon Capital (collectively, the “Placement Banks”), have withheld or set off Arcapita Bank’s deposits against funds that the Placement Banks had deposited with Arcapita Bank or against debts otherwise owed by Arcapita Bank to the Placement Banks.

  • Dealer and the Block Placement Banks shall have settled the sale of the portion of the Aggregate Hedge Shares corresponding to the Confirmation, as amended by this Amendment, if any.

  • To the extent, and only to the extent, that the Placement Banks prevail in their assertion of secured set off claims, the Claims of the Placement Banks are treated in Class 3(a) of the Plan.

  • Except as provided herein, the similar agreements entered into as of the date hereof and the sale by Avia Holding Limited of 4,000,000 Shares to the Block Placement Banks (the “Avia Sale”), Counterparty has not made or arranged for, and will not make or arrange for, any payment to any person in connection with any sales of the Aggregate Hedge Shares that may be effected by or on behalf of Dealer.

  • A discussion of the merits of any proposed set off by the Placement Banks and related causes of action of Arcapita Bank against the Placement Banks is included in Section VI.B.10.

  • The 16 Tadhamon refunded $1,412,050.63 of this amount in December 2012.actual transfer of funds from Arcapita Bank to the Placement Banks was often made separately from the actual stated “investment date” of any individual Placement contract and often were simply “roll overs” of funds from maturing prior Placements.

Related to Placement Banks

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Investment Bank means each of those reputable internationally recognised investment banks, selected from time to time as First Choice Investment Banks or as a Third Investment Bank in terms of Section 1.4 or Section 1.5 of the Subscription Agreement (as the case may be), whose Mandate Letters remain effective.

  • Placement Agents shall have the meaning set forth in the preamble.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Investment Banker means, with respect to an issue of Bonds, an underwriter, placement agent or structuring agent who is under contract with the Corporation and whose primary purpose is to either:

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Placement Agent Agreement means that certain placement agent agreement dated as of the date hereof between the Company and the Placement Agent.

  • Arrangers as defined in the preamble hereto.

  • Treasury Management Bank means (a) any Person that is a Lender or an Affiliate of a Lender at the time that it becomes a party to a Treasury Management Agreement with any Loan Party and (b) any Lender or Affiliate of a Lender that is a party to a Treasury Management Agreement with any Loan Party in existence on the Closing Date.

  • Syndication Agents as defined in the preamble hereto.

  • Independent Investment Banker means one of the Reference Treasury Dealers appointed by the Company.

  • Independent Investment Bank means one of the Reference Treasury Dealers that the Issuer appoints to act as the Independent Investment Bank from time to time.

  • Remarketing Agent(s) has the meaning set forth in the Supplemental Indenture.

  • Auction Agent Agreement means the Initial Auction Agent Agreement unless and until a Substitute Auction Agent Agreement is entered into, after which "Auction Agent Agreement" shall mean such Substitute Auction Agent Agreement.

  • MLPFS means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and its successors.

  • Scotiabank is defined in the preamble.

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • BAS means Banc of America Securities LLC.

  • Lead Arrangers means X.X. Xxxxxx Securities LLC, Xxxxxxx Xxxxx Bank USA, Deutsche Bank Securities Inc., Barclays Bank PLC, Xxxxxx Xxxxxxx Senior Funding, Inc. and Credit Suisse Loan Funding LLC.

  • Co-Documentation Agents as defined in the preamble hereto.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Joint Lead Arrangers shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Administrative Agent’s Fee Letter means that certain letter agreement, dated as of July 28, 2010, among the Administrative Agent, Banc of America Securities LLC, the Borrower and the Parent, as amended, modified, restated or supplemented from time to time.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;