Bank Service definition

Bank Service or “Bank Product” shall mean products, services, as well as other activities or any of them, which the Bank provides to Clients, and unless otherwise implied by the contents of the particular provision, the term also includes the Investment Services.
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Bank Service means service as an employee of the Bank from the commencement date of employment by the Bank.
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Bank Service means the combination of account accessibility, fund transfers, account balance inquiry, and transaction summary services exclusive of xxxx payments described in Exhibit B hereof.
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Examples of Bank Service in a sentence

  • M Amended Maintain 99.9% transaction success of Account Center APIs. M Amended Maintain 99.9% transaction success of IVR APIs. M Amended Fifth Addendum to Appendix A of Fifth Amended and Restated Service Agreement Comenity Servicing LLC / Comenity Bank Service Performance Standard Measuring Period Amended/ Added • Provide IT Quality services as listed below: • Provide management of production defects.

  • You also represent that you are authorized to permit the Bank or any Bank Service Provider to use any information submitted by you to configure the Services to be compatible with the Accounts and, as applicable, any computer, including handheld devices.


More Definitions of Bank Service

Bank Service means the service operated by Dext which enables You to extract bank statements and/or to obtain a feed ofYour bank account data from a Connected Bank. “Bank Service Feature Authorised Partner” means the authorised third party (authorised by the Financial Conduct Authority in the UK or any equivalentregulator in other jurisdictions) We use to access Your account with a Connected Bank in order to provide the “Bank Service” feature. “Supported Bank” means those banks, as may be added to or varied from time to time, from which the Service is capable of fetching bank statements and/or obtaining a feed of Your bank account data. The current list of SupportedBanks in Your jurisdictions can be provided upon request.
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Related to Bank Service

  • Qualified Bank means a bank, trust company, corporation or national banking association organized and doing business under the laws of the United States or any State of the United States that is authorized under those laws to exercise corporate trust powers and that (i) is a DTC Participant or a participant in such other Depository as is then acting with respect to the Shares; (ii) unless counsel to the Sponsor, the appointment of which is acceptable to the Trustee, determines that the following requirement is not necessary for the exception under Section 408(m) of the Internal Revenue Code of 1986, as amended (the “Code”), to apply, is a banking institution as defined in Section 408(n) of the Code and (iii) had, as of the date of its most recent annual financial statements, an aggregate capital, surplus and undivided profits of at least $150,000,000.

  • Bank Product Reserves means such reserves as the Agent from time to time determines in its Permitted Discretion as being appropriate to reflect the liabilities and obligations of the Loan Parties with respect to Bank Products then provided or outstanding.

  • Bank Product Collateralization means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure, operational risk or processing risk with respect to the then existing Bank Product Obligations (other than Hedge Obligations).

  • Eligible Bank means a bank or trust company (i) that is organized and existing under the laws of the United States of America or Canada, or any state, territory, province or possession thereof, (ii) that, as of the time of the making or acquisition of an Investment in such bank or trust company, has combined capital and surplus in excess of $500.0 million and (iii) the senior Debt of which is rated at least “A-2” by Moody’s or at least “A” by S&P.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Eligible Accounts are Accounts which arise in the ordinary course of Borrower’s business that meet all Borrower’s representations and warranties in Section 5.3. Bank reserves the right at any time and from time to time after the Effective Date, to adjust any of the criteria set forth below and to establish new criteria in its good faith business judgment. Unless Bank agrees otherwise in writing, Eligible Accounts shall not include:

  • Bank Product Obligations means, collectively, all obligations and other liabilities of any Loan Party to any Bank Product Provider arising with respect to any Bank Products.

  • Secured Bank Product Obligations Debt, obligations and other liabilities with respect to Bank Products owing by an Obligor to a Secured Bank Product Provider; provided, that Secured Bank Product Obligations of an Obligor shall not include its Excluded Swap Obligations.

  • Scheduled Bank means a bank included in the second schedule to the Reserve Bank of India Act, 1934, or modification thereto.

  • Eligible Investments mean book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form which evidence:

  • Bank Affiliate means an Affiliate of the Bank and any other entity or platform initiated, managed or advised by the Bank.

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Eligible Investment Required Ratings A long-term debt rating of at least “A+” by S&P or a long-term debt rating of at least “A” by S&P and a short-term debt rating of at least “A-1” by S&P.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Material Credit Facility means, as to the Company and its Subsidiaries,