Bank Of America definition: Copy, customize, and use instantly
Introduction
The term "Bank Of America" refers to the financial institution, Bank Of America, N.A., or any of its affiliates, subsidiaries, or successors, as applicable in a contractual or financial context. It is essential for defining the role of the bank in agreements, clarifying responsibilities, and ensuring compliance with regulatory or financial obligations.
Below are various examples of how "Bank Of America" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Bank Of America" as a lender
This definition ties "Bank Of America" to its role as a financial provider.
"Bank Of America" means Bank Of America, N.A., in its capacity as a lender, including its successors and assigns.
Definition of "Bank Of America" as an administrative agent
This definition connects "Bank Of America" to its role in loan administration.
"Bank Of America" refers to Bank Of America, N.A., acting as the administrative agent under the applicable credit agreement.
Definition of "Bank Of America" as a depository institution
This definition links "Bank Of America" to its function as a bank holding deposits.
"Bank Of America" means Bank Of America, N.A., as the designated depository institution for the accounts established under this agreement.
Definition of "Bank Of America" as a securities custodian
This definition applies "Bank Of America" to its role in asset custody.
"Bank Of America" refers to Bank Of America, N.A., or any of its affiliates acting as a custodian of securities, investments, or other financial assets.
Definition of "Bank Of America" as a trustee
This definition ties "Bank Of America" to trust administration.
"Bank Of America" means Bank Of America, N.A., in its role as trustee for the benefit of the parties specified in this agreement.
Definition of "Bank Of America" as an issuer of letters of credit
This definition connects "Bank Of America" to trade finance.
"Bank Of America" refers to Bank Of America, N.A., as the issuer of letters of credit under this contract.
Definition of "Bank Of America" as a swap counterparty
This definition links "Bank Of America" to derivatives transactions.
"Bank Of America" means Bank Of America, N.A., or any of its affiliates acting as the swap counterparty under any derivative agreement.
Definition of "Bank Of America" as a credit facility provider
This definition applies "Bank Of America" to revolving or term loans.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as a provider of the credit facility outlined in this agreement.
Definition of "Bank Of America" as an underwriter
This definition ties "Bank Of America" to securities offerings.
"Bank Of America" means Bank Of America Securities, Inc., acting as an underwriter in connection with the issuance of securities.
Definition of "Bank Of America" as a loan servicer
This definition connects "Bank Of America" to mortgage and loan servicing.
"Bank Of America" refers to Bank Of America, N.A., in its role as servicer of the loans or obligations specified in this agreement.
Definition of "Bank Of America" as a collateral agent
This definition links "Bank Of America" to asset-backed transactions.
"Bank Of America" means Bank Of America, N.A., acting as the collateral agent for the secured parties under this agreement.
Definition of "Bank Of America" as a cash management provider
This definition applies "Bank Of America" to treasury and payment services.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as the provider of cash management, treasury, or other banking services.
Definition of "Bank Of America" as an investment banking entity
This definition ties "Bank Of America" to advisory services.
"Bank Of America" means Bank Of America Securities, Inc., or its affiliates, providing financial advisory, capital markets, or investment banking services.
Definition of "Bank Of America" as a syndication agent
This definition connects "Bank Of America" to syndicated lending.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as syndication agent for the lenders under this credit facility.
Definition of "Bank Of America" as a fund administrator
This definition links "Bank Of America" to asset management operations.
"Bank Of America" means Bank Of America, N.A., acting as fund administrator for the investment funds specified in this agreement.
Definition of "Bank Of America" as a trade finance provider
This definition applies "Bank Of America" to international banking.
"Bank Of America" refers to Bank Of America, N.A., as the provider of trade finance services, including documentary collections and export financing.
Definition of "Bank Of America" as a fiscal agent
This definition ties "Bank Of America" to payment processing.
"Bank Of America" means Bank Of America, N.A., in its role as fiscal agent responsible for the distribution of funds under this agreement.
Definition of "Bank Of America" as a mortgage originator
This definition connects "Bank Of America" to home lending.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as a mortgage loan originator for residential or commercial properties.
Definition of "Bank Of America" as an escrow agent
This definition links "Bank Of America" to third-party fund management.
"Bank Of America" means Bank Of America, N.A., acting as escrow agent for holding and disbursing funds pursuant to the terms of this agreement.
Definition of "Bank Of America" as a foreign exchange provider
This definition applies "Bank Of America" to currency exchange services.
"Bank Of America" refers to Bank Of America, N.A., in its role as a provider of foreign exchange services, including spot, forward, and hedging transactions.
Definition of "Bank Of America" as a financial services holding company
This definition ties "Bank Of America" to its corporate structure.
"Bank Of America" means Bank Of America Corporation, a financial services holding company, including its subsidiaries and affiliates.
Definition of "Bank Of America" as a debt restructuring advisor
This definition connects "Bank Of America" to financial advisory.
"Bank Of America" refers to Bank Of America, N.A., in its role as financial advisor in connection with the restructuring of debt obligations.
Definition of "Bank Of America" as a credit card issuer
This definition links "Bank Of America" to consumer finance.
"Bank Of America" means Bank Of America, N.A., in its capacity as an issuer of credit cards and related financial products.
Definition of "Bank Of America" as an asset-based lender
This definition applies "Bank Of America" to secured financing.
"Bank Of America" refers to Bank Of America, N.A., as a lender providing asset-based financing secured by the borrower’s receivables and inventory.
Definition of "Bank Of America" as a capital markets participant
This definition ties "Bank Of America" to bond and equity markets.
"Bank Of America" means Bank Of America Securities, Inc., participating in capital markets transactions, including bond issuances and IPO underwriting.
Definition of "Bank Of America" as a pension plan custodian
This definition ties "Bank Of America" to retirement fund management.
"Bank Of America" means Bank Of America, N.A., acting as the custodian of pension plan assets under this agreement.
Definition of "Bank Of America" as a merchant services provider
This definition connects "Bank Of America" to payment processing services.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as a provider of merchant services, including payment processing and point-of-sale solutions.
Definition of "Bank Of America" as a credit risk manager
This definition links "Bank Of America" to credit analysis and risk management.
"Bank Of America" means Bank Of America, N.A., responsible for assessing and managing credit risk under this agreement.
Definition of "Bank Of America" as a lead arranger
This definition applies "Bank Of America" to structured finance transactions.
"Bank Of America" refers to Bank Of America, N.A., in its capacity as the lead arranger for syndicated loans and structured finance deals.
Definition of "Bank Of America" as a liquidity provider
This definition ties "Bank Of America" to capital market operations.
"Bank Of America" means Bank Of America, N.A., acting as a liquidity provider in connection with the financing arrangements described in this agreement.
Definition of "Bank Of America" as a structured products issuer
This definition connects "Bank Of America" to financial instruments.
"Bank Of America" refers to Bank Of America, N.A., or any of its affiliates, as an issuer of structured financial products, including derivatives and securitized assets.
Definition of "Bank Of America" as a loan participant
This definition links "Bank Of America" to secondary lending markets.
"Bank Of America" means Bank Of America, N.A., as a participant in loan syndications and secondary market transactions.
Definition of "Bank Of America" as an insurance products distributor
This definition applies "Bank Of America" to financial product sales.
"Bank Of America" refers to Bank Of America, N.A., or its affiliates, as a distributor of annuities, life insurance, and other financial products.
Definition of "Bank Of America" as a compliance monitoring agent
This definition ties "Bank Of America" to regulatory compliance.
"Bank Of America" means Bank Of America, N.A., in its role as an agent responsible for monitoring compliance with the financial covenants in this agreement.
Definition of "Bank Of America" as a private banking provider
This definition connects "Bank Of America" to wealth management services.
"Bank Of America" refers to Bank Of America, N.A., or its affiliates, providing private banking, investment advisory, and wealth management services.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.