Examples of Bank in a sentence
The company believes that its sound relationship with Bendigo and Adelaide Bank Limited mitigates this risk significantly.
It is therefore submitted that by deleting reference to ‘additional direct costs (as compared to operating years 1 – 7)’ the parties manifested their agreement that any variation to the contract price was not to occur as a result of a comparison with the direct costs of mining in operating years 1 to 7. Drafts of agreements ultimately executed in a different form are inadmissible as an aid in the construction of the final agreement: National Bank of Australasia Ltd v J.
Cash flow and fair value interest rate risk Interest-bearing assets are held with Bendigo and Adelaide Bank Limited and subject to movements in market interest.
The franchise fee paid to Bendigo and Adelaide Bank Limited has been recorded at cost and is amortised on a straight line basis over the life of the franchise agreement.
The company’s franchise agreement limits the company’s credit exposure to one financial institution, being Bendigo and Adelaide Bank Limited.