Current Bank definition

Current Bank shall have the meaning assigned to such term in Section 8.15.
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Current Bank. See Section 8.15.
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Current Bank means a Bank that is not a Defaulting Bank.
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Examples of Current Bank in a sentence

  • Financial Soundness Certificate from Bank / Current Bank Statements.

  • Current Bank Solvency Certificate (of minimum 25% of quoted amount) from a scheduled bank recognized by the Government of India, obtained within one year from the date of publishing of NIT.

  • Saving Current Bank details for repayment 1st Applicant: Bank Name Branch Location Account Number Type of Account IFSC MICR Saving Current 2nd Applicant: Bank Name Branch Location Account Number Type of Account IFSC MICR 3rd Applicant: Saving Current Bank Name Branch Location Account Number Type of Account IFSC MICR If the repayment proceeds has to be credited in an account different from the cheque used for placement of Fixed Deposit, then please provide cancelled cheque of the repayment account.

  • These details would include Bank Name, Branch name and address, Account type (Saving/ Current), Bank A/c No. and IFSC code no.

  • Current Bank employees are expected to exercise due diligence to confirm a non-employee’s status under this policy before engaging in substantive communications with that individual.

  • In case of Overdraft, BCR provides the Loan by means of the Current Bank Account from which the Client can make drawings from the funds available, within the limit of the overdraft Ceiling.

  • That once we are selected through the bid process, we shall provide a Current Bank A/c from which all payments shall be made to DTIDC be it license fees or any security deposit.

  • For certain period and/or certain Banking Services, according to the specific Convention, BCR can decide not to pay the interest at sight to the cash available in the Current Bank Accounts.

  • OPENING THE CURRENT BANK ACCOUNT 62.1. The Client must have one or several Current Bank Accounts opened on his name in the same currency as the required Banking Services.

  • The performance of such actions by BCR can result in the delay or cease of payment instructions execution or of the amounts collection and respectively of the transactions settlement in and from the Current Bank Account.

Related to Current Bank

  • Investment Bank means each of those reputable internationally recognised investment banks, selected from time to time as First Choice Investment Banks or as a Third Investment Bank in terms of Section 1.4 or Section 1.5 of the Subscription Agreement (as the case may be), whose Mandate Letters remain effective.

  • Treasury Management Bank means (a) any Person that is a Lender or an Affiliate of a Lender at the time that it becomes a party to a Treasury Management Agreement with any Loan Party and (b) any Lender or Affiliate of a Lender that is a party to a Treasury Management Agreement with any Loan Party in existence on the Closing Date.

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Investment Banker means, with respect to an issue of Bonds, an underwriter, placement agent or structuring agent who is under contract with the Corporation and whose primary purpose is to either:

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • NationsBank means NationsBank, N.A.

  • BTMU means The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • Royal Bank means Royal Bank of Canada.

  • MUFG means MUFG Bank, Ltd.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • The World Bank means the International Bank for Reconstruction and Development (IBRD) or the international Development Association (IDA).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Mortgage banker means a person who does one or more of the following:

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • MSBNA shall have the meaning assigned to such term in the preamble to this Agreement.

  • Independent Investment Bank means one of the Reference Treasury Dealers that the Issuer appoints to act as the Independent Investment Bank from time to time.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Fortis means Fortis Inc.;

  • Mizuho means Mizuho Bank, Ltd.

  • JPMCB means JPMorgan Chase Bank, N.A.

  • Bank Levy means the bank levy which is imposed under section 73 of, and schedule 19 to, the Finance Xxx 0000 (the “UK Bank Levy”) and any levy or Tax of an equivalent nature imposed in any jurisdiction in a similar context or for a similar reason to that in and/or which the UK Bank Levy has been imposed by reference to the equity and liability of a financial institution or other person carrying out financial transactions.

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);