either Bank definition
Examples of either Bank in a sentence
Notwithstanding the foregoing, should either Bank or Borrower become insolvent or unable to meet its debts as they mature, or fail, suspend, or go out of business, the other party shall have the right to terminate this Agreement at any time without notice.
No charge, investigation or proceeding for the termination or revocation of the charter or good standing of either Bank is pending or, to the best knowledge of the Company and the Guarantors, threatened.
Lender agrees to execute such further documents as either Bank One or the Company may reasonably request to reflect, implement or confirm such subordination.
This Agreement will continue until terminated by either Bank giving to Customer, or Customer giving to Bank , a notice in writing specifying the date of termination, which date shall be not less than 60 days after the date of giving such notice.
No course of dealing or delay or omission on the part of either Bank in exercising any right shall operate as a waiver thereof or otherwise be prejudicial thereto.
If the balance in either Bank falls below 2000 days, each continuing member of that Bank will be assessed one (1) additional day, as defined in 10-3 (b), payable to the Bank as of September 2 of that year.
No material charge, investigation or proceeding with respect to, or relating to, either Bank is pending or, to the best knowledge of the Company and the Guarantors, threatened, by or before any regulatory, administrative or U.S. governmental agency, body or authority.
If either Bank or ISO is required to pay any taxes, interests, fines or penalties owed by Merchant, said amount shall become immediately due and payable by Merchant to Bank or ISO.
We also may assign or delegate certain of our rights and responsibilities under this Agreement to our service providers and any rights or responsibilities so assigned may be exercised or performed by either Bank or its service provider.
The Title Company shall place the Deposit in an interest-bearing account with either Bank of America, N.A. or ▇▇▇▇▇ Fargo Bank, N.A. or other financial institution acceptable to Buyer and Seller.