Builder’s Bank definition

Builder’s Bank means Norddeutsche Landesbank Girozentrale;

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Builder’s Bank means : DBS Bank ▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ A/c No: ▇▇▇-▇▇▇▇▇▇-▇ for payments due to the Builder, or any other first class bank based in Singapore nominated by the Builder and approved by the Owner.

Builder’s Bank means Agricultural Bank of China Limited, Jiangsu Branch or such other first-class bank acceptable to the Buyers and the Sellers.

Examples of Builder’s Bank in a sentence

The Final Installment shall be deposited with the Builder’s Bank by telegraphic transfer remittance at least three (3) Business Days prior to the scheduled Delivery of the Vessel notified by the Builder, with instructions that the said installment is payable to the Builder against presentation by the Builder to the Builder’s Bank of a duplicate original copy of the Protocol of Delivery and Acceptance of the Vessel signed by the Builder and the Buyer.
Such deposit shall be on terms that if the duly executed Protocol of Delivery and Acceptance of the Vessel has not been submitted to the Builder’s Bank within seven (7) days, the deposit shall be returned to the Buyer together with any interest accrued thereon.
The Buyer shall bear and pay all taxes, duties, stamps and fees and bank charges and expenses incurred outside Korea, except at the Builder’s Bank, in connection with execution and/or performance of this Contract as the BUYER but shall include any taxes and duties imposed upon the Buyer’s Supplies in Korea.
Subject always to the conditions in this Clause 7 and the other terms of this Agreement, the Sellers may request the Buyers to pre-position the Delivery Instalment to the Builder’s Bank in accordance with the relevant Payment Notice by way of a Direct Payment.
Buyer shall remit installments by wire transfer to the Builder’s Bank.

More Definitions of Builder’s Bank

Builder’s Bank has the meaning given in Clause 9.2(b)(ii);

Builder’s Bank means The Korea Development Bank or such other first-class bank acceptable to the Buyers and the Sellers.

Builder’s Bank means either the Korea Development Bank or the Korean Exchange Bank or any other bank of the Builder acceptable to all Term Lenders.

Builder’s Bank means Commerzbank AG;

Builder’s Bank means Société Générale, Agence Opéra or as further modified by notice given by the Builder to the Buyer;

Builder’s Bank means Sumitomo Mitsui Banking Corp Hiroshima Branch or such other bank or financial institution with which the Builder’s Account is maintained as described in the Shipbuilding Contract and if contrary to that described in the Shipbuilding Contract, details of which are notified to the Buyers not less than five (5) Business Days prior to the Prepositioning Date and the identity of which is acceptable to the Buyers.

Builder’s Bank means: for payments due to the Builder, or any other first class bank nominated by the Builder and approved by the Owner.