Banco de Chile definition

Banco de Chile shall have the meaning set forth in the introduction to this Agreement.
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Banco de Chile shall guarantee that overdraft lines and other credit accessory facilities be provided to CMB Clients, with the understanding that if Banco de Chile were to deny such lines or facilities, Citigroup may guarantee, always to the reasonable satisfaction of Banco de Chile, the credit obligations of said client with Banco de Chile, in which case Citigroup shall be entitled to receive 100% of the profits or losses accrued for providing the respective product or service. Banco de Chile shall notify Citigroup of the reason for its refusal to offer such facilities to said client so that Citigroup may take that information into account in its decision to guarantee said obligations. In such cases the parties must agree on a remuneration amount for using Banco de Chile capital. Notwithstanding the foregoing, and despite the granting of a satisfactory guarantee by Citigroup, in no event shall Banco de Chile be bound to provide overdraft lines or facilities, or any other accessory credit facilities, to CMB Clients, if granting them were to infringe upon the internal policies of Banco de Chile (except for credit risk policies) or upon any legal or regulatory standards applicable to Banco de Chile.
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Banco de Chile means Banco de Chile, a banking corporation organized under the laws of Chile, controlled by Quiñenco, through LQIF, and which is a Quiñenco Financial Subsidiary.
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Examples of Banco de Chile in a sentence

  • Banking Sector: includes the following Segments and main companies:i) Financial- Banco de Chile- SM ChileThese companies reported their financial statements partially in accordance with IFRS, as determined by the Superintendency of Banks and Financial Institutions.

  • Ownership % in the above table corresponds to voting rights in Banco de Chile.

  • Banco de Chile reports the current value of the guarantee to the Superintendence of Health and Isapre Norte Grande Ltda.

  • The Company has granted a guarantee consisting of financial instruments, specified in deposits, custody and administration to Banco de Chile, for its subsidiary Isapre Norte Grande Ltda., in compliance with the provisions of the Superintendence of Health, which regulates social security health institutions.According to the regulations of the Superintendence of Health, this guarantee is for the total payable to its affiliates and medical providers.

  • Financial assets pledged as collateral On November 4, 2004, Isapre Norte Grande has a guarantee equivalent to the total amount owed to its subsidiaries and medical suppliers, which is administered and maintained by Banco de Chile.

  • Banking Sector The Banking sector is comprised of Banco de Chile and SM Chile.

  • Banco de Chile and Citibank Chile merged operations in January 2008.

  • For example, in the case of the Luksic conglomerate, the cash flow and solvency position of Quinenco (holding company of Banco de Chile) worsened in 2002, but the performance of Antofagasta (the other major – and parallel to Quinenco – holding company) improved.

  • The amendments of the Cooperation Agreement are referred to the exchange of information between Banco de Chile and Citigroup Inc.

  • It is worth mentioning that most of the Bank’s portfolio is classified as available for sale as a result of the homologation of the investment classification criteria between Banco de Chile and Citibank Chile, with approval from the Superintendency of Banks.


More Definitions of Banco de Chile

Banco de Chile has the meaning set forth in the recitals of this Shareholders Agreement.
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Banco de Chile means Banco de Chile, as indicated in the first paragraph hereof and, in addition, it includes any of its wholly owned subsidiary.
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Related to Banco de Chile

  • Chile means the Republic of Chile.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • Argentina means the Republic of Argentina.

  • Mexico means the United Mexican States.

  • OPWC means the Ohio Public Works Commission created pursuant to Revised Code Section 164.02.

  • Western Australia the following definitions‑

  • DBSA means the Development Bank of Southern Africa Limited.

  • Motorway means a road specially designed and built for motor traffic, which does not serve properties bordering on it, and which:

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, Mainland China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • SA means the booklet that describes the Health Care Coverage provided to Enrolled Members. The Subscriber Agreement(s) applicable to the initial Rating Period are listed in Section III.

  • CASA means a court-appointed special advocate;

  • Raffle means a lottery in which the prize is won by (i) a random drawing of the name or

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • GLO means the Texas General Land Office, its officers, employees, and designees.

  • Bait means any salt, mineral, grain, or other feed. Salt or mineral blocks used for normal agricultural practices are not considered bait.

  • Italy means the Italian Republic and includes any area beyond the territorial waters which is designated as an area within which Italy, in compliance with its legislation and in conformity with the International Law, exercises sovereign rights in respect of the exploration and exploitation of the natural resources of the seabed, the subsoil and the superjacent waters;

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Parade means any procession or body of pedestrians, except members of the Armed Forces, numbering more than 30, standing, marching or walking on any street or sidewalk, or any group of vehicles numbering ten or more, except funeral processions, standing or moving on any street;

  • SAQA means the South African Qualifications Authority;

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • LDA means a geographic area within the PJM Region that has limited transmission capability to import capacity to satisfy such area’s reliability requirement, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, and as specified in Reliability Assurance Agreement, Schedule 10.1.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • France means the European and overseas departments of the French Republic, including the territorial sea, and any area outside the territorial sea within which, in accordance with international law, the French Republic has sovereign rights for the purpose of exploring and exploiting the natural resources of the sea-bed and its subsoil and the superjacent waters;

  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.