Bank definition

Bank means each bank listed on the signature pages hereof, each Assignee which becomes a Bank pursuant to Section 9.06(c), and their respective successors.
Bank means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company.
Bank means an organization that is engaged in the business of banking. The term includes savings banks, savings and loan associations, credit unions, and trust companies.

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.[70] 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.


More Definitions of Bank

Bank means a bank named in Schedule I or II of the Bank Act (Canada);
Bank means the World Bank and refers to the International Bank for Reconstruction and Development (IBRD) or the International Development Association (IDA).
Bank means a bank in the principal financial centre for such currency or, in the case of euro, in a city in which banks have access to the TARGET System.
Bank means (i) any institution organized under the laws of the United States, any State of the United States, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa or the Virgin Islands which (a) accepts deposits that the depositor has a legal right to withdraw on demand, and (b) engages in the business of making commercial loans and (ii) any trust company organized under any of the foregoing laws.
Bank means Bank of America, N.A., a national banking association, or any successor entity thereto.
Bank means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company. A branch or separate office of a bank is a separate bank for purposes of this article.
Bank means a bank incorporated in India and having a minimum net worth of Rs. 1,000 crore (Rupees one thousand crore) or any other bank acceptable to Senior Lenders, but does not include a bank in which any Senior Lender has an interest;