Safe Custody Agreements definition
Safe Custody Agreements means those contracts or bailment arrangements entered into by the Business Sellers with Customers in respect of the deposit of an item at a Business Property which is a branch for safe custody which were entered into in the course of such Business on or before the NatWest Closing in respect of the NatWest Businesses and the RBS Closing in respect of the RBS Businesses and in respect of which the Business Sellers provide the information as set out in Clause 2.9.1 by the dates specified therein to the extent that, immediately before the relevant Closing, the same remain to be completed or performed (in whole or in part) or remain in force;
Safe Custody Agreements means those contracts or bailment arrangements entered into by the Business Sellers with Customers in respect of the deposit of an item at and remaining, on or immediately before Closing, at a Business Property which is a branch for safe custody which were entered into in the course of such Business on or before Closing to the extent that, immediately before Closing, the same remain to be completed or performed (in whole or in part) or remain in force;
Safe Custody Agreements means those contracts or bailment arrangements entered into by the Business Sellers with Customers in respect of the deposit of an item at a Business Property which is a branch for safe custody which were entered into in the course of such Business on or before the NatWest Closing in respect of the NatWest Businesses, the RBS Wales Closing in respect of the RBS Wales Businesses and the RBS England Closing in respect of the RBS England Businesses and in respect of which the Business Sellers provide the information as set out in Clause 2.9.1 by the dates specified therein to the extent that, immediately before the Relevant Closing, the same remain to be completed or performed (in whole or in part) or remain in force;
Examples of Safe Custody Agreements in a sentence
The parties agree that the Safe Custody Items shall remain in the relevant Business Properties at Closing and Newco (or such other relevant custodian) shall take possession of the Safe Custody Items upon transfer of the Safe Custody Agreements (where applicable) to Newco at Closing.