Banco Popular definition

Banco Popular means the Banco Popular de Puerto Rico, a Puerto Rico bank.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Banco Popular means Banco Popular S.A. and its consolidated subsidiaries;

Banco Popular s annual fee for its services as directed-trustee and recordkeeper will be billed to the Plan Sponsor separately based on the separate fee schedule. Banco Popular reserves the right to change the funds on the funds list from time to time. Banco Popular will provide the Plan Sponsor with 60 days advance written notice of any change thereto and the corresponding change in fees if any. Banco Popular will try to find a suitable alternative if the Plan Sponsor does not agree with the proposed substitution. However, if the Plan Sponsor does not object in writing within the 60-day period, Banco Popular will make the change. If the Plan Sponsor objects to be proposed change and a suitable alternative cannot be found, the Plan Sponsor will be provided and additional 60 day period to find a new trustee for the Plan. By executing this Adoption Agreement the Plan Sponsor acknowledges that (i) Banco Popular has provided the Plan Sponsor with the mutual fund list, (ii) the mutual funds list contains the rate or amount of fees to be paid to Banco Popular, (iii) Banco Popular has the right to modify the mutual funds list in such manner as Banco Popular, in its sole discretion, sees fit, (iv) the Plan Sponsor has selected from the mutual funds list the mutual funds used as investment options for the Plan, (v) the Plan Sponsor has received copies of each mutual fund's Prospectus and Statement of Additional Information, and (vi) the Plan Sponsor agrees with the procedures disclosed herein with relation to a substitution of a particular mutual fund. EXECUTION OF ADOPTION AGREEMENT The Plan Sponsor understands that, by establishing this Plan, it will have certain legal responsibilities for which neither the Trustee nor the Plan Sponsor will be responsible. The Plan Sponsor also understands that it will be solely responsible for any taxes, costs or expenses arising from the disqualification of the Plan. The Plan Sponsor warrants that it has obtained legal and tax advice to the extent the Plan Sponsor deems necessary before signing this Adoption Agreement. PLAN SPONSOR Name of Plan Sponsor: ▇▇▇▇▇▇▇ Enterprises, Inc. Signed: Print name and title: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Executive Vice President and CFO Date: TRUSTEE Name of Trustee: Address: Signed: Print name and title: Date: The identifying number for the Banco Popular de Puerto Rico Popular Master Defined Contribution Retirement Plan document is 01 and for this Adoption Agreement is 102. The Plan Sponsor is: ▇▇▇▇▇▇▇ Enterprises, Inc...

Examples of Banco Popular in a sentence

Restrictions on Use Banco Popular may restrict use of your Card in any jurisdiction or country where such use would be contrary to U.S. law or regulation, or which is identified as presenting a high risk of fraud.
By providing a telephone number for a cellular telephone, other wireless device, or a landline number that is later converted to a wireless device, you are expressly consenting to receiving communications at that number, including, but not limited to, prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system from Banco Popular and its affiliates, agents or assigns.
Within 90 days after the date we open your Account, you may elect to reject the Arbitration Provision by providing a written notice of your intention to do so to the address: Legal Division (745), Banco Popular de Puerto Rico, P.O. Box 362708, San ▇▇▇▇, Puerto Rico 00936-2708.
All payments made by check must be drawn on a U.S. financial institution in U.S. Dollars made to the order of Banco Popular de Puerto Rico.
We, us, our and Banco Popular Banco Popular de Puerto Rico, its agents, authorized representatives, successors and assigns.
Some Card Networks provide automated billing update services when they receive updated credit card information from Banco Popular.
If the amount of Advances received from Banco Popular is less than the amount required to be advanced by Banco Popular, the Trust Administrator shall notify SPS and SPS shall be obligated within two Business Days to remit to the Trust Administrator, for deposit by the Trust Administrator in the Certificate Account, a payment in an amount equal to such deficiency, subject to any determination by SPS that any portion of the amount required to be advanced is a Nonrecoverable Advance.
Banco Popular De Puerto Rico, a state chartered bank, and its successors and assigns.
The time period from deposit to debit shall be determined from information captured by Banco Popular de Puerto Rico.
Banco Popular shall be obligated to exercise due care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts in performing services provided for under this Agreement.

More Definitions of Banco Popular

Banco Popular in Section 101 of the Original Indenture is hereby amended and restated in its entirety as follows:

Banco Popular. “Nosotros” o “Nuestro” significa Banco Popular de Puerto Rico. “Usted”, “Su” o “Cliente” significa cada participante en el Programa que cumple con los requisitos de elegibilidad contenidos en este Suplemento. “Acuerdo”, significa el Contrato de Tarjeta de Crédito con Nosotros. “Tarjeta” significa Su tarjeta de crédito ▇▇. ▇▇▇▇▇▇ Home Rewards, emitida por Nosotros y gobernada por el Contrato. “Cuenta” significa Su cuenta de Tarjeta de Crédito que está asociada al Programa.

Banco Popular means Banco Popular de Puerto Rico.

Banco Popular. “We”, “Us”, or “Our” means Banco Popular de Puerto Rico. “You”, “Your”, or “Customer” means each participant in the Program who meets the eligibility requirements contained in this Supplement. “Agreement” means the Credit Card Agreement with Us. “Card” means Your ▇▇. ▇▇▇▇▇▇ Home Rewards credit card issued by Us and governed by the Agreement. “Account” means Your Card account that is linked to the Program.