BPER definition

BPER means Banca Popolare dell’▇▇▇▇▇▇ Romagna s.c.a.r.l.
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BPER means Banca Popolare dell’Emilia Romagna s.c.a.r.l.
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BPER or “BPER Group” and, together with Intesa Sanpaolo, the “Parties”) will purchase a going concern (the “Going Concern”) from Intesa Sanpaolo Group (the “Transaction”), a supplementary agreement was signed today by the Parties (the “Supplementary Agreement”), aiming at defining more precisely the perimeter of the Going Concern to be acquired. The Supplementary Agreement underpins the strategic and industrial rationale of the Transaction, in line with the objectives of dimensional growth and enhancement of the competitive positioning of BPER Group, further strengthening its customer base and market share in some of the country richest areas where BPER currently has a limited presence. The Supplementary Agreement envisages a marginal enlargement of the Going Concern to include 532 branches vis-à-vis the 400-500 originally indicated. The Going Concern will consist of customer deposits and indirect funding estimated at c. € 29 billion and € 31 billion respectively, as well as of net loans estimated at c. € 26 billion. Over 70% of assets and liabilities1 of the Going Concern are related to customers located in the Northern regions of Italy. This strengthening of BPER’s distribution network will enable, among other things, the full deployment of BPER Group’s product factories. The Supplementary Agreement envisages that the additional loans to be included in the Going Concern, estimated to be equal to c. € 4.5 billion, will consist exclusively of performing exposures. Furthermore, a downward revision of the mechanism for the calculation of the consideration for the Going Concern has been agreed by the Parties, which shall now be the lower of:
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Examples of BPER in a sentence

  • Payable to: • Bank Name: BPER S.p.A. • IBAN ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ • Account n.

  • An example is shown below: We O found O a O pottery B-ART shard I-ART from O the O Neolithic B-PER .

  • BPER acknowledges that it must retain its own professional advisors to evaluate the tax and other consequences of an investment in the Manitex Shares.

  • Since BPER and SIFÀ are related parties to the Company, the Transaction can be classified as a transaction of “greater significance” for UnipolSai in accordance with the Regulation adopted by CONSOB with decision no.

  • The Issuer has appointed BPER Bank Luxembourg SA, to act as calculation agent (the “Calculation Agent”).

  • Pursuant to a loan agreement entered into on 30 January 2009 between, inter alios, BPER and PM Group S.p.A. (“PM”), BPER has granted and advanced to PM a loan for a maximum amount of Euro 76.500.000,00, secured by a mortgage and three pledges over shares of PM, Pilosio S.p.A.

  • Once the merger has been finalised, UnipolSai will hold an 80.013% stake in the share capital of UnipolRental, and BPER the remaining 19.987%.

  • Our bank: BPER BANCA SPA - BRANCH CASTELNOVO SOTTO (RE) IBAN = IT 60 C 05387 66270 000000003840 --- SWIFT = BIC = ▇▇▇▇▇▇▇▇ detection of the fault and in any case not later than 12 months from the delivery.

  • Pursuant to a loan agreement entered into on 30 January 2009 between, inter alios, BPER and PM Group S.p.A. (“PM”), BPER has granted and advanced to PM a loan for a maximum amount of Euro 76.500.000,00, secured by a mortgage and three pledges over shares of PM, Pilosio S.p.A. and Oil & Steel S.p.A. (as subsequently amended, even by the Debt Restructuring Agreement (as defined below)) (the “Loan Agreement”).

  • The agreement - with effect from when the above-mentioned merger takes effect - was signed to create a twenty-year commercial collaboration for the offer of long-term rental products and services linked to the related contracts proposed by UnipolRental, through the bank branch network and more generally, through the BPER Group commercial channels.