GBBT definition

GBBT means General Conditions for Performing of Banking Operations for Legal Entities and Entities without Legal Personality; “Confirmation” means document received by the Client from the Bank according to the present Agreement and represent irrefutable evidence of the Transactions concluded between the Client and the Bank pursuant to the Client’s instructions.
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GBBT means General Conditions for Performing of Banking Operations for Legal Entities and Entities without Legal Personality; “Confirmation” means document received by the Client from the Bank according to the present Agreement and represent irrefutable evidence of the Transactions concluded between the Client and the Bank pursuant to the Client’s instructions.The Client has to transmit to the Bank all the Confirmations until the end of the day it was received or at the latest at the end of the next day following its receiving, except the case in which the Transaction was concluded through Trading Platforms, in which case the Client declares that accepts the data contained in the confirmation provided by the Bank through Trading Platforms. “Distance contract” means the concluding of the present Agreement between the Bank and the Client within a remote sales system or provision of investment services and activities, organized by the Bank by using exclusively one or more Means of distance communication until the moment and, inclusive, at the time the Agreement is concluded. “Accounts” means the accounts identified in Annex 3 of this Agreement and represent the principal trading accounts.The Bank shall accept trading instructions on any other accounts unidentified in Annex 3, if these accounts are identified by the Authorised Representatives by phone at the phone numbers described at Annex 4 to the present Agreement or by e-mail, at the time of placing the Instructions.The utilisations of principal accounts identified in Annex 3 at the present Agreement shall be detailed, as the case may be, in the Trading Platforms’ and/or their utilisation guides. “Due Date” means the day on which a Transaction is settled, and payments obligations are performed. “Individual Exposure” means the exposure assumed by the Bank for each Transaction separately, its level being calculated by applying the individual margin of risk to the amount of the traded amount to which is added daily the value resulted from the daily mark to market of the respective transaction, according to the current prices of the monetary and exchange market and of the market of the underlying asset. "Electronic Format" means any Durable medium, as defined below, other than paper. The Electronic Format includes, but is not limited to, the provision of non-personalized information through the website with the electronic transmission of the website address and the place on the website where the information may be ...
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Examples of GBBT in a sentence

  • Any subcontractors engaged by the Consultant in performing the Services hereunder are subcontractors for all purposes and will under no circumstances be deemed to be employees or subcontractors of GBBT.

  • All Deliverables of the Services are hereby deemed “work made for hire” for GBBT within the meaning of 17 U.S.C. § 101 and any other applicable law.

  • In consideration of the provision of Services by the Consultant and under this Agreement, GBBT shall pay the Consultant as agreed below.

  • If any dispute arises between GBBT and the Consultant as to the performance or interpretation of this Agreement or any matter or thing in connection therewith, the parties shall first attempt in good faith to resolve the dispute by negotiation and consultation between themselves.

  • GBBT shall respond promptly to any reasonable requests the Consultant makes for instructions, information, or approvals in order to perform the Services.

  • The Consultant shall, within a reasonable time after such request, provide a written estimate to GBBT of (a) the likely time required to implement the change; (b) any necessary variations to the fees and other charges for the Services arising from the change; (c) the likely effect of the change on the Services; and (d) any other impact the change might have on the performance of this Agreement.

  • GBBT is and shall be the sole and exclusive owner of all right, title, and interest throughout the universe in perpetuity in and to all the Deliverables of the Services performed under this Agreement, including all patents, copyrights, trademarks, trade secrets, and other intellectual property rights (collectively “Intellectual Property Rights”) therein.

  • R3 Score is the primary operating model of GBBT and provides two products, The Basic Score and Advanced Score.

  • GBBT and the Consultant shall be responsible for maintaining any and all of their required and necessary insurance coverages by law.

  • GBBT a publicly traded Over-the-Counter Bulletin Board company (OTC: GBBT).