MS Bank definition

MS Bank has the meaning specified in the introductory paragraph to this Agreement.
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MS Bank. Xxxxxx Xxxxxxx Bank, N.A., a national banking association, and its successors-in-interest.
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MS Bank means Xxxxxx Xxxxxxx Bank, N.A.
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Examples of MS Bank in a sentence

  • The Group operates a family of businesses, including Food and Clothing & Home, as well as M&S Bank operated by HSBC UK.

  • This increase was primarily driven due to a specific provision related to our funds being improperly withheld by a Brazilian financial institution, MS Bank.

  • We have not recorded any additional provision with respect to these matters in our financial statements for FY2021.Furthermore, we understand that at the instigation of MS Bank, the Federal Police Department in Parana State, where MS Bank is headquartered, will be opening an investigation related to this terminated relationship.

  • We have experienced instances of negative publicity in the past, including when MS Bank, a financial institution in Brazil, made certain statements in the media and to former customers about our relationship.

  • We have recorded a £6.7 million specific provision relating to the liquidity pool (£6.0 million) and accounts receivable from MS Bank (£0.7 million) in our financial statements for FY2021.

  • Historically, these costs have been minimal outside of FY2021 which included a specific provision relating to its funds being improperly withheld by a Brazilian financial institution, MS Bank.

  • An example of this occurred this year, when we filed a lawsuit pending service of process in the High Court of Justice, Business and Property Courts of England and Wales, Commercial Court for the return of £6.0 million (comprising approximately U.S.$7.5 million and R$4 million) that were held in a liquidity pool for Wise transactions and are improperly being retained by MS Bank, a Brazilian financial institution with which we had an agreement.

  • According to the prosecutor’s report, MS Bank has made criminal allegations of tax evasion and violations of exchange controls.

  • MS Bank has filed claims against Wise regarding the return and use of customer data collected while the agreement was effective and damages arising therefrom, and may file other claims arising out of the terminated relationship with Wise, including claims related to contractualindemnities, regardless of the merits of any such claims.

  • MS Bank may continue to generate negative publicity about Wise, and we may experience other instances of negative publicity in the future.


More Definitions of MS Bank

MS Bank. As defined in the Introductory Statement.
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Related to MS Bank

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

  • 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.

  • PNC Bank means PNC Bank, National Association.

  • KeyBank means KeyBank National Association.

  • Bank is defined in the preamble hereof.

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

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • SunTrust means SunTrust Bank.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • Bank of America means Bank of America, N.A. and its successors.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Non-U.S. Bank means a Person that is not a United States Person and that is not described in Section 881(c)(3) of the Code.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • U.S. Bank means U.S. Bank National Association.

  • National City National City Mortgage Co., or any successor thereto.

  • Royal Bank means Royal Bank of Canada.

  • FSB means American Express Bank, FSB, a federal savings bank, and its successors and assigns.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Custodian bank means as defined in section 515.35.

  • Federal home loan bank means a federal home loan bank established under the federal Home Loan Bank Act, 12 U.S.C. §1421 et seq.

  • Mizuho means Mizuho Bank, Ltd.

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • JPMorgan Chase means JPMorgan Chase Bank, N.A.