Santander UK definition
Examples of Santander UK in a sentence
Santander UK is a financial services institution, which is part of the international banking group, Banco Santander S.A., and which wishes to encourage the development of higher education in the UK by offering Scholarship Donation and other agreed services to selected universities.
All amounts that are payable by Santander UK under this Agreement shall be invoiced by the University in accordance with Santander UK’s internal requirements as notified by Santander UK from time to time.
The University shall invoice Santander UK for the total of one year of funding by the 30th November in the year this Agreement is signed (in respect of the first year of funding) and annually thereafter, otherwise the University shall lose the ability to be entitled to the Scholarship Donations as agreed.
Santander UK will make available scholarships and awards for the Term, subject to Clause 12 of the Agreement, to a total value of £50,000 each year.
Santander UK shall make the relevant payment within 30 days after receipt of a valid invoice from the University that complies with such requirements.
SIGNED for and on behalf of the University Signed Name ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title Vice Chancellor Date SIGNED for and on behalf of Santander UK plc Signed Name ▇▇▇▇ ▇▇▇▇▇▇▇ Title Director, Santander Universities Date 13th June 2023 The period of 3 years starting on the Commencement Date.