Search for: "Covenant Bank"
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12 May 2021, 6:00 am
Plaintiff alleged that, prior to the sale, it failed to sweep funds from the subsidiary’s bank accounts to which it was entitled under the purchase agreement. [read post]
4 May 2021, 6:13 am
BANKING LICENCE REQUIREMENTS Conducting credit activity within the French territory where any drawing or rollover of advances occurs in France (by a French or foreign incorporated company) requires a banking licence pursuant to the French banking monopoly regulations. [read post]
25 Apr 2021, 12:06 pm
“Qualified conservation” is defined as the conservation of all or a part of an existing forest that was approved on or before December 31, 2020, by the appropriate State or local forest conservation program for the purpose of establishing a forest mitigation bank and is encumbered in perpetuity by a restrictive easement, covenant, or another similar mechanism recorded in the county land records to conserve its character as a forest. [read post]
16 Apr 2021, 3:30 am
SLB covenants, on the other hand, specifically define the real cost of missing the mark – pre-emptively answering certain “what if? [read post]
10 Mar 2021, 10:08 am
Apart from retained profits, banks are likely to become more willing to lend as companies have accumulated tangible assets and shown a viable business model. [read post]
17 Feb 2021, 4:00 am
With a solid and realistic plan, the company is more likely to receive cooperation from its bank. [read post]
5 Feb 2021, 1:25 am
UK banks cannot take on new clients or amend existing contracts until the new authorisation is issued. [read post]
4 Feb 2021, 5:53 am
This post is based on their recent paper, forthcoming in the Journal of Banking and Finance. [read post]
24 Jan 2021, 1:34 pm
Actors such as the World Bank and OECD present remote learning as central, and technology as “one of the most critical tools. [read post]
19 Jan 2021, 5:41 am
[3] Bank of Montreal v Dynex Petroleum Ltd, 2002 SCC 7 [read post]
19 Jan 2021, 5:41 am
[3] Bank of Montreal v Dynex Petroleum Ltd, 2002 SCC 7 [read post]
15 Jan 2021, 11:46 pm
Companies moved quickly to stockpile liquidity (first by drawing existing lines of credit and then by exploring more creative options) and secure temporary covenant relief. [read post]
13 Jan 2021, 2:01 am
Some banks have closed the UK bank accounts of members living in certain European countries, in spite of the TCA. [read post]
7 Jan 2021, 2:23 am
Ensure transparency about risks arising from financial instruments, addressing banks’ assessment of the possible achievement of conditions or covenants attached to the TLTRO III loans. [read post]
31 Dec 2020, 4:37 pm
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22 Dec 2020, 9:43 am
December 16, 2020 Clients, Friends, Associates: As we prepare for a new year, we also reflect on an eventful, sometimes chaotic, 2020, dominated by the emergence of the novel coronavirus (“COVID-19”). [read post]
22 Dec 2020, 3:00 am
In Canada’s first Covid-19 busted deal case, Fairstone Financial Holdings Inc. v Duo Bank of Canada, (Ont. [read post]
16 Dec 2020, 3:00 am
TAKINGS Wells Fargo Bank, N.A. v. [read post]
11 Dec 2020, 5:56 am
The warranty deed conveying the property “contained a covenant that the real estate was unencumbered. [read post]
4 Dec 2020, 6:20 am
BANKING LICENCE REQUIREMENTS No banking licence is generally required for lending to bona fide Dutch professional parties. [read post]
