Bank Information definition

Bank Information includes “confidential information” and “trade secrets.” “Confidential information” means data and information relating to the business of the Bank (which does not rise to the status of a trade secret, as defined herein) which is or has been disclosed to the Employee or of which the Employee became aware as a consequence of or through the Employee’s relationship with the Bank and which has value to the Bank and is not generally known to its competitors. Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Bank (except where such public disclosure has been made the Employee without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. “Trade secrets” means Bank information including, but not limited to technical or nontechnical data, strategic plans, business models, collateral data management systems, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans or lists of actual or potential customers or suppliers which (a) derives economic value, actual or potential, from not being generally known to, and not being readily ascertained by proper means by other persons who can obtain economic value from its disclosure or use; and (b) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.
Bank Information means information describing the Bank and furnished from time to time in writing by the Bank expressly for inclusion in any Offering Materials.

Examples of Bank Information in a sentence

  • Please attach a voided check or savings deposit slip to the Bank Information section of this application.

  • All payments are made by electronic funds transfer to the bank account identified on the ASAP Bank Information Form that you filed with the U.S. Department of Treasury.

  • In addition to sharing your New Bank Information with your Old Bank, we also share your New Bank Information with payment system operators and the provider of the payment system software.

  • We will also share your New Bank Information with organisations that you have payment arrangements with in circumstances where we are dealing with regular payment arrangement complaints.

  • When your Old Bank receives your New Bank Information from us, they send us your old bank account information so we can set up your regular payment arrangements on your new current account.


More Definitions of Bank Information

Bank Information has the meaning set forth in Section 8.3 hereof.
Bank Information shall have the meaning set forth in Section 5.24 hereof.
Bank Information means any and all information and documentation, in any form, provided by the Bank relating to the Bank and its Affiliates, the Receivables (including historical loss and delinquency data), the origination and servicing of the Receivables or the Seller's underwriting criteria and any and all information provided by the Bank pursuant to Section 9.01.
Bank Information means personal information that is necessary to open bank accounts and receive and process payments through banking institutions.
Bank Information has the meaning assigned to that term in Section 8.05(a).
Bank Information means information describing the Bank and furnished in writing by the Bank expressly for inclusion in any Offering Materials.
Bank Information has the meaning given to such term in Section 2.1(a) of this Agreement.