Negotiable Instruments definition

Negotiable Instruments means the bills of exchange and/or the promissory notes, as they are identified in the Discounting Agreement executed for the enforcement of a Framework Discounting Agreement or a Multiproduct Credit Facility Agreement.
Negotiable Instruments means legal documents that represent money and that can be legally transferred in title from one person to another.
Negotiable Instruments means negotiable instruments payable to bearer, including (without limitation) negotiable bills of exchange, cheques, promissory notes, blank travellers cheques and financial instruments which are accompanied by an executed transfer enabling them to be paid or assigned to bearer;

Examples of Negotiable Instruments in a sentence

  • Further, in case of dishonour of cheque(s), the parties agree that the Delhi courts alone shall have the exclusive jurisdiction to try cases under section 138 of the Negotiable Instruments Act, 1881.

  • The borrower shall not be entitled to call upon the Bank to refrain from presenting any cheque for payment and if the borrower does so, the Bank shall nevertheless be entitled to present the cheque for payment and in the event of dishonour the provisions under Chapter XVII of the Negotiable Instruments Act, 1881 shall apply.

  • If any Grantor shall at any time hold or acquire any Negotiable Instruments, including promissory notes, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably request.

  • In case of any cheque issued is dishonored or returned by the banker for any reason whatsoever then the Maintenance Agency without prejudice to its right to seek redressal under the Negotiable Instruments Act, 1881 and any other law shall be entitled to a service charge of Rs. 1000/- or such other service charge as may be revised by the Maintenance Agency from time to time in addition to the bill amount and interest for the delay, if any.

  • The Borrower/s further understand that in such event, the Lender shall be entitled to initiate action against all such drawer/s, for dishonor of such cheque or ECS / NACH, under Section 138 of Negotiable Instruments Act,1881 and / or under Section 25 of Payment and Settlement Systems Act, 2007.


More Definitions of Negotiable Instruments

Negotiable Instruments means cash and all negotiable instruments including, without limitation, promissory notes, cheques, drafts and bills of exchange;
Negotiable Instruments means all "negotiable instruments" as such term is defined in the Code, now owned or hereafter acquired by the Borrower, wherever located.
Negotiable Instruments. Noncash Proceeds”; “Payment Intangibles”; Promissory Notes”; Securities”; Securities Accounts”; “Securities Entitlements”; Software”; “Tangible Chattel Paper” and “Uncertificated Securities” shall each have the meaning set forth in the UCC.
Negotiable Instruments f C \l "2" }. Seller will remove any supply of Seller’s money orders, official checks, gift checks, travelers’ checks or any other negotiable instruments located at each of the Branches on the Closing Date. 4.8 ATM and Debit Cards{ TC "4.8 ATM/Debit Cards; POS Cards " \f C \l "2" }. Seller will use its reasonable best efforts to provide Purchaser with a list of ATM and debit cards issued by Seller to depositors of any Deposits, and a record thereof in a format reasonably agreed to by the parties containing all addresses therefor, no later than thirty (30) calendar days after the date of this Agreement, and Seller will provide Purchaser with an updated record from time to time prior to the Closing along with other conversion sample files. At or promptly after the Closing, Seller will provide Purchaser with a revised record through the Closing. Seller will not be required to disclose to Purchaser customers’ PINs or algorithms or logic used to generate PINs. Following the receipt of all Regulatory Approvals (except for the expiration of statutory waiting periods), Purchaser shall reissue ATM access/debit cards to depositors of any Deposits not earlier than forty-five (45) calendar days nor later than twenty (20) calendar days prior to the Closing Date, which cards shall be effective as of the day following the Closing Date. Purchaser and Seller agree to settle any and all ATM transactions and Debit card transactions effected on or before the Closing Date, but processed after the Closing Date, as soon as practicable. In addition, Purchaser assumes responsibility for and agrees to pay on presentation all Debit card transactions initiated before or after the Closing with Debit cards issued by Seller to access Transaction Accounts.
Negotiable Instruments as each such term is defined in the UCC, as well as the Company's and the Subsidiary's books and records of any kind relating to any of the foregoing, and all products and proceeds of the foregoing.
Negotiable Instruments means all bills of exchange, promissory notes and other negotiable instruments of any description beneficially owned by XCE (but excluding any Investments).
Negotiable Instruments means any documents guaranteeing the payment of money either on demand or at a set time. This includes cheques, bills of exchange and/or promissory notes.