EBS Sample Clauses
The EBS clause, which stands for Electronic Banking Services, defines the terms and conditions under which parties may use electronic platforms or systems to conduct banking transactions. It typically outlines the scope of permitted electronic transactions, security requirements, and responsibilities for safeguarding access credentials. For example, it may specify how payments, transfers, or account management can be performed online and what liabilities exist in the event of unauthorized access. The core function of this clause is to allocate risk and clarify the rules for using electronic banking, thereby ensuring both parties understand their obligations and the protections in place when utilizing digital banking services.
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EBS. As of the Closing Date, either (a) the Business --- has no fewer than 5,250 EBSs or (b) Buyer has waived its right to an adjustment pursuant to SECTION 3.
2.1 except to the extent of the adjustment applicable if the number of EBSs were 5,250.
EBS. As of the Closing Date, either (a) the Business, combined --- with the EBS's of the ▇▇▇▇▇▇▇▇▇▇▇ System and the Southwest Michigan System, has no fewer than 16,530 EBSs or (b) Buyer has waived its right to an adjustment pursuant to SECTION 3.
2.1 except to the extent of the adjustment applicable if the number of EBS's (i) of the Business were 673, (ii) in the ▇▇▇▇▇▇▇▇▇▇▇ System were 1437 and (iii) in the Southwest Michigan System were 14,420.
EBS. As of the Closing Date, the Business, combined with the --- EBS's of the ▇▇▇▇▇▇▇▇▇▇▇ System and the Vicksburg System, has no fewer than 16,530 EBS's; provided, that if such aggregate number of EBS's is less than 16,530, Buyer may elect not to close, or if Buyer elects to close, the extent of the adjustment pursuant to SECTION
3.2.1 shall be as if the applicable number of EBS's (a) of the Business were 14,420, (b) in the ▇▇▇▇▇▇▇▇▇▇▇ System were 1437 and (c) in the Vicksburg System were 673.
EBS. As of the Closing Date, the Business has no --- fewer than 5,250 EBSs.
EBS. As of the Closing Date, the Business has no fewer than --- 81,000 EBSs (the "EBS Condition").
EBS. Notwithstanding anything to the contrary herein, no rights under or with respect to EBS are granted pursuant to this Agreement.
EBS. As of the Closing Date, the Business has no fewer --- than 41,750 EBSs (the "EBS Condition").
EBS. The Company agrees to make arrangements during the fourth quarter (FY) for Employee Benefits Inc., to meet individually with bargaining unit employees on site, for a period of no more than 1 hour per year, in order to present available, supplemental insurance options. Employees who wish to participate in EBS benefits will do so via home billing.
EBS. As of the Closing Date, the Business has no fewer than --- 23,200 EBSs.