Examples of Bank’s Proposal in a sentence
A Transaction requested by the Client can be executed only after (i) the expression of full and unconditional consent with the adoption of the Bank’s Proposal, unless the Bank shall carry out the Transaction in question based on the Client’s Order pursuant to applicable provisions of these Terms and Conditions), (ii) establishment of the security that the Bank requires to cover obligations resulting from the planned Transaction; and (iii) prior fulfilment of other conditions that the Bank requires.
In concluding the Transaction, the Client shall be required to express full and unconditional consent for the adoption of the Bank’s Proposal in a way that admits no doubt, for example by using an expression such as “I’ll take it”, “I agree”, “Agreed”, “OK”, “Done”, “I want it”, “Buy”, “Sell” etc.
The Client’s consent for the Bank’s Proposal is taken as the submission of an Order relating to a Financial Instrument.
The Client shall conclude the Transactions with the Bank through the Dealer on the basis of the Bank’s Proposal made after the Bank obtains all information necessary to present the Bank’s Proposal.
Unless the Bank’s Proposal states otherwise, the Bank’s Proposal shall remain open only for the period of continuous, in particular telephone communication with the Client relating to the conclusion of the Transaction.
If the conditions of the Bank’s Proposal are changed during conclusion of a Transaction in response to the updating of relevant Transaction parameters, the Bank shall be bound only by the new, amended Bank’s Proposal.
The Bank shall be entitled to withdraw or amend a Bank’s Proposal at any time before the Client gives full and unconditional consent for adoption of the Bank's Proposal and any amendment of the Bank's Proposal shall be deemed the presentation of a new Bank’s Proposal from the side of the Bank and the cancellation or rejection of the original Bank’s Proposal.
All of the terms and conditions of this RFP are deemed to be accepted by the Bank and incorporated into the Bank’s Proposal submission.
All funds on deposit with Bank to the credit of College shall be secured by collateral as provided for in the Public Funds Investment Act (Chapter 2256 of the Texas Government Code as amended), the Public Funds Collateral Act (Chapter 2257 of the Texas Government Code), College’s Investment Policy, and Bank’s Proposal.
Violation of this instruction will result in immediate rejection of the Bank’s Proposal.