Banks Sample Clauses
The 'Banks' clause defines the roles, responsibilities, and requirements related to financial institutions involved in a contract or transaction. It typically specifies which banks are authorized to handle payments, process funds, or hold escrow accounts, and may outline procedures for wire transfers or the verification of banking details. By clearly identifying the banks involved and their functions, this clause helps prevent disputes over payment processing and ensures that all parties understand where and how financial transactions will be managed.
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Banks. A true and complete list, as of the date of this Agreement, showing (1) the name of each bank in which TBAY has an account or safe deposit box, and (2) the names and addresses of all signatories. (Schedule N.)
Banks. Schedule 3.19 sets forth (i) the name of each bank, trust company or other financial institution and stock or other broker with which the Company has an account, credit line or safe deposit box or vault, (ii) the names of all persons authorized to draw thereon or to have access to any safe deposit box or vault, (iii) the purpose of each such account, safe deposit box or vault, and (iv) the names of all persons authorized by proxies, powers of attorney or other like instrument to act on behalf of the Company in matters concerning any of its business or affairs. Except as otherwise set forth in Schedule 3.19, no such proxies, powers of attorney or other like instruments are irrevocable.
Banks. BKB and the other lending institutions listed on SCHEDULE 1 hereto and any other Person who becomes an assignee of any rights and obligations of a Bank pursuant to Section 19.
Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the relevant payment.
Banks. Schedule 5.20 contains a complete and correct list of the names and locations of all banks in which Company or any Company Subsidiary has accounts or safe deposit boxes and the names of all persons authorized to draw thereon or to have access thereto.
Banks. Except as otherwise set forth in this Contract, the provisions of this Article 3 shall not apply where the custody of the Fund's assets is maintained in a foreign branch of a banking institution which is a "bank" as defined by Section 2(a)(5) of the Investment Company Act of 1940 which meets the qualification set forth in Section 26(a) of said Act. The appointment of any such branch as a sub-custodian shall be governed by Section 1 of this Contract.
Banks. Company Disclosure Schedule 4.24 contains a complete and correct list of (a) the names and locations of all banks in which the Company has accounts or safe deposit boxes, (b) the account numbers of all such accounts and (c) the names of all persons authorized to draw thereon or to have access thereto. Except as set forth on Company Disclosure Schedule 4.24, no person holds a power of attorney to act on behalf of the Company.
Banks. Fleet and the other lending institutions listed on Schedule 1 ----- -------- - hereto and any other Person who becomes an assignee of any rights and obligations of a Bank pursuant to (S)20.
Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) unless it has received not less than five Business Days' prior notice from that Bank to the contrary.
(b) The Agent may at any time, and shall if requested to do so by the Majority Banks, convene a meeting of the Banks.
Banks. Schedule 5.20 sets forth (i) the name of each bank, trust company or other financial institution and stock or other broker with which GRS has an account, credit line or safe deposit box or vault, (ii) the names of all persons authorized to draw thereon or to have access to any safe deposit box or vault, (iii) the purpose of each such account, safe deposit box or vault, and (iv) the names of all persons authorized by proxies, powers of attorney or other like instrument to act on behalf of GRS in matters concerning any of its business or affairs. Except as otherwise set forth in Schedule 5.20, no such proxies, powers of attorney or other like instruments are irrevocable.