PNC Bank Sample Clauses
The 'PNC Bank' clause identifies PNC Bank as a key party or stakeholder within the agreement, typically specifying its role, rights, or obligations. This clause may detail PNC Bank's responsibilities, such as acting as a lender, escrow agent, or service provider, and outline the terms under which it operates within the contract. By clearly defining PNC Bank's involvement, the clause ensures all parties understand the bank's function and helps prevent disputes regarding its duties or authority.
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PNC Bank. (i) The operation, servicing, maintenance and repair of each ATM and the related Equipment and Installations shall be under the sole control of PNC Bank and its agents, employees and independent contractors. Except as otherwise provided herein, PNC Bank shall bear the expense of such operation, servicing, maintenance and repair, and shall keep the ATM and related Equipment and Installations in a safe and operable condition. PNC Bank shall require all of its employees, agents and independent contractors who perform any of the aforesaid tasks at the Location to: (1) carry and present identification upon University’s request; and (2) perform their tasks with minimum disruption to University’s business.
(ii) First Line Maintenance: Upon receipt of notification from the University that the ATM has malfunctioned, PNC Bank or its agents will use commercially reasonable efforts to respond within three (3) hours or less for First Line Maintenance.
a. For purposes of this ATM Agreement, “First Line Maintenance” is defined to mean paper jams, card jams, currency jams, deposit jams, low currency conditions, receipt failures, journal failure, dispenser malfunctions, replenishment of consumables including cash, communication failures, responses to extended “no activity” situations or any other problem preventing the completion of the cardholder transactions.
PNC Bank. The Escrow Agent shall deliver a receipt to either:
PNC Bank. National Association (“PNC”), as a Letter of Credit Issuer, a Managing Agent, an Administrator and a Committed Investor;
PNC Bank. PNC Bank, National Association, shall have consented to the assignment to and assumption by Buyer of Seller's Revolving Credit Facility with PNC Bank, National Association, and the existing indebtedness thereunder and any and all related loan documents and Buyer shall have assumed all of Seller's and its subsidiaries' obligations with respect to such Revolving Credit Facility and any and all related loan documents and Seller and its Subsidiaries shall have been released from all obligations thereunder.
PNC Bank. 56 ARTICLE X.
PNC Bank. PNC Bank, National Association, a national -------- banking association.
PNC Bank may assign its rights and delegate its ---------------------- duties hereunder to any wholly-owned direct or indirect subsidiary of PNC Bank, National Association, PNC Bank Corp., or PFPC Inc. provided that (i) PNC Bank gives the Fund thirty (30) days' prior written notice; (ii) the delegate (or assignee) is qualified under Section 17(f) (1) or (2) of the 1940 Act to act as custodian and agrees with PNC Bank and the Fund to comply with all relevant provisions of the 1940 Act; and (iii) PNC Bank and such delegate (or assignee) promptly provide such information as the Fund may request, and respond to such questions as the Fund may ask, relative to the delegation (or assignment), including (without limitation) the capabilities of the delegate (or assignee).
PNC Bank. National Association and the Banks in Their ----------------------------------------------------- Individual Capacities. ---------------------
PNC Bank. BIMC and BFM represent and warrant to the Fund that the changes provided for in this Agreement do not constitute a change of control or an "assignment" of the Advisory Agreement within the meaning of Section 2a(9) of the Investment Company Act of 1940, in that the portfolio manager and advisory personnel, and the ultimate control of the services to be rendered to the Fund will remain unchanged after this Agreement is effective.