West LB definition

West LB means Westdeutsche Landesbank Girozentrale, New York Branch.
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West LB. Westdeudsche Landesbank Girozentrale, New York Branch.
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West LB means WestLB, AG, New York Branch.Interpretation; Application of Definitions and Rules of Construction. Wherever from the context it appears appropriate, each term stated in either the singular or the plural shall include both the singular and the plural and pronouns stated in the masculine, feminine, or neuter gender shall include the masculine, feminine, and neuter. Unless otherwise specified, all section, article, schedule, or exhibit references in the Plan are to the respective Section in, Article of, Schedule to, or Exhibit to, the Plan. The words “herein,” “hereof,” “hereto,” “hereunder,” and other words of similar import refer to the Plan as a whole and not to any particular Section, subsection, or clause contained in the Plan. The rules of construction contained in section 102 of the Bankruptcy Code shall apply to the construction of the Plan. A term used herein that is not defined herein, but that is used in the Bankruptcy Code, shall have the meaning ascribed to that term in the Bankruptcy Code. The headings in the Plan are for convenience of reference only and shall not limit or otherwise affect the provisions of the Plan.
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Examples of West LB in a sentence

  • Moody’s (2007) thus concludes in September 2007 that “much of our concern and analysis has focused on German Landesbanks,” as the substantial exposure in combination with “weak profitability and only adequate levels of capitalization” would leave “some Landesbanks potentially vulnerable.” The next two Landesbanken that had to announce massive losses were West LB (with total assets of €285 billion) in November 2007 and Bayern LB (with total assets of €353 billion) in February 2008.

  • First, it can be defined based on the first public announcement of losses by their respective Landesbanken, which is the third quarter of 2007 for Sachsen LB, the fourth quarter of 2007 for West LB, and the first quarter of 2008 for Bayern LB.

  • We find that the contractual feature of bank credit that is affected in our difference-in-differences test is mainly the spread (rather than maturity or amount).9 Compare, for example, Bank of America, BNP Paribas, and West LB.

  • Until the end of the sample period, Sachsen LB, West LB, and Bayern LB were the only Landesbanken that showed losses from the subprime crisis.

  • North Rhine-Westphalia, which is the domicile of West LB and the most populous German state, ranges in the middle.

  • In particular, as shown in Table 1, the two savings banks associations in North Rhine-Westphalia (Rheinischer Sparkassen- und Giroverband and Westfälisch- Lippischer Sparkassen- und Giroverband) hold more than 50% of West LB.

  • See “WestLB kostet Steuerzahler 18 Milliarden Euro” (West LB costs taxpayers €18 billion), , Han- delsblatt, June 20, 2012 In this context, it is of interest to observe that, in the Land of Nordrhein- Westfalen, the owner of Westdeutsche Landesbank, a parliamentary request for information about the government’s involvement in the bank’s disastrous investment decision was turned down on the grounds that this information was a “business secret”.

  • Advisors will remind students of these deadlines, but it is the students’ responsibility to follow through.

  • While West LB presented an increase in profitability and a positive earnings outlook in its report for the second quarter of 2007, it stated for the third quarter of 2007 that the previous outlook was not valid any more as the subprime crisis had already resulted in write-downs of €355 million.

  • Subsequently, we discuss how the timing of these banks’ losses affects our analysis.12 West LB announced the creation of a bad bank with assets worth €23 billion on February 2, 2008 along with guarantees worth €5 billion by the owners.


More Definitions of West LB

West LB has the meaning assigned to such term in the recital of the parties in this Agreement.
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West LB means WestDeutsche Landesbank Girozentrale, New York Branch.
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West LB means WestLB AG (f/k/a Westdeutsche Landesbank Giorzentrale), New York branch, a German banking corporation.
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West LB means WestLB AG (f/k/a Westdeutsche Landesbank Giorzentrale), New York branch.
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