ATM Owner definition

ATM Owner means any bank, building society, credit union or other party that owns an ATM.
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ATM Owner shall furnish FBT with a landlord's waiver in the form of Schedule 4 hereto for each ATM located on property not owned by ATM Owner.
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Examples of ATM Owner in a sentence

  • In the event ATM Manager fails to pay the fees and charges as agreed, ATM Owner shall be responsible for payment of the fees and charges not paid by ATM Manager.

  • Notwithstanding that the Currency may be in the physical possession or custody of someone other than Elan, including without limitation, the ATMs, the Parties acknowledge and agree that until dispensed from an ATM to a customer of that ATM, the Currency shall be the sole and exclusive property of Elan and neither ATM Owner, nor ATM Manager, nor Carrier, nor any third party shall have any interest (including without limitation, legal, equitable or security interest) in or to such Currency.

  • ATM Owner, ATM Manager and Carrier may not assign this Agreement.

  • Upon agreement by Elan, ATM Owner, ATM Manager and Carrier that all ATMs and cash vaults are in balance, Elan shall instruct Carrier as to the location where the Currency shall be delivered.

  • Carrier shall provide final terminal balancing activity and reports to Elan, ATM Manager and ATM Owner.

  • In no event will legal title to the Currency pass to ATM Owner, ATM Manager or Carrier.

  • Each of ATM Owner, ATM Manager, Carrier and Elan is duly organized, validly existing and in good standing pursuant to applicable state and/or federal laws under which it is organized, and each is qualified to do business in all jurisdictions as may be required for the conduct of its respective business activities hereunder.

  • Carrier must remove all Currency from the ATMs of ATM Owner and deliver the Currency to Carrier’s cash vault.

  • Upon termination of this Agreement for any reason, Carrier, ATM Manager, ATM Owner and Elan will cooperate to complete the following activities.

  • This Agreement constitutes a valid and legally binding obligation of each of ATM Owner, ATM Manager, Carrier and Elan, enforceable against such Party in accordance with its terms and conditions.