Banking Product definition

Banking Product means the account(s) that you have selected to open with the Bank;
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Banking Product means any of the following products, services or facilities extended to any Borrower by BMO or any BMO Affiliate: (a) Cash Management Services; (b) commercial credit card and merchant card services; and (c) other banking products or services (excluding for greater certainty any hedging products) as may be requested by any Borrower, other than Letters of Credit and Letters of Guarantee.
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Banking Product means any product or service offered by the Seller on the date hereof that involves the deposit and holding of funds in an account maintained by the Seller on behalf of a customer, including the holding of managed funds pursuant to an agreement with such customer, regarding, among other things, the terms of withdrawal and interest, if any, thereon.
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Examples of Banking Product in a sentence

  • For the avoidance of doubt, Banking Product Obligations do not constitute Indebtedness.

  • Limitations on this notice with respect to certain electronic funds transfers are stated in the EFT Services Agreement as contained in the Banking Product Documents and displayed on the Website.

  • This Contract shall become binding to the Client upon signing “The Agreement on Conclusion/Acknowledgment of the Contract on the Banking Product Service”.

  • The Agreement on Conclusion/Acknowledgment of the Contract on the Banking Product Service shall form an integral part of this Contract.

  • For the avoidance of doubt, Banking Product Obligations and Hedging Obligations do not constitute Priority Lien Debt, but may constitute Priority Lien Obligations.

  • By signing up for this service, you request that each of your accounts with the Bank identified in the Business Online Banking Application (“Application”) be made available for access through the Business Online Banking Product.

  • For the avoidance of doubt, Banking Product Obligations and a deferral of pre-delivery payments relating to the purchases of aircraft or aircraft engines do not constitute Indebtedness.

  • If the nature of the Banking Product allows, the termination may be submitted to one or more Bank Products established under the Contract.

  • See Internet Banking Product Disclosure Statement and Conditions of Use for further details of fees and charges in relation to Internet Banking.Notes:(1) Please contact the Bank for information concerning the minimum opening balances and their corresponding terms and interest rates;(2) For early withdrawal interest payment, please contact the Bank.

  • Consequences of using the replacement reference rate When a replacement reference rate has been determined: - In order to ensure the continuity of the Banking Product, the Bank shall determine any technical changes or adjustments required in order to ensure the replacement reference rate is comparable to the reference rate used for the Banking Product.


More Definitions of Banking Product

Banking Product means any of the following products, services or facilities extended to any Borrower by BMO or any Affiliate of BMO: (a) Cash Management Services; (b) commercial credit card and merchant card services; and (c) other banking products or services (excluding for greater certainty any hedging products) as may be requested by any Borrower, other than Letters of Credit and Letters of Guarantee.
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Banking Product means products, services or other operations that We provide to You based on the Agreement. For the purposes of the Agreement, Banking Product shall mean Current Account, Deposit Account, Payment Card and Safety Deposit Box.
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Banking Product means any product that is offered by the Group in the ordinary course of its banking business that is not a Financial Product. Business Day means any day on which NAB and trading banks are open for business in New South Wales, excluding any day on which trading banks are not open for business in the state in which the NAB Financial Planning Advice Suite is located.
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Banking Product means the products, services as well as other activities that We provide You under the Agreement. For the purposes of this Agreement, Banking Product means Curent Account, Deposit and Payment Card.
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Banking Product means the products, services as well as other activities that We provide You under the Agreement. For the purposes of this Agreement, Banking Product means a Deposit. “Benefits” means goods, services or products provided to You by Us and/or by the Loyalty Program Business Partner and/or by the Loyalty Program Provider for the Loyalty Points collected by You. “Central Depository” means Centrální depozitář cenných papírů,
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Related to Banking Product

  • Commercial Product means any such product as defined in FAR 2.101.

  • Pharmaceutical Product shall have the meaning ascribed to such term in Section 3.1(hh).

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Reference biological product means the single biological product licensed pursuant to 42 U.S.C.

  • Investment product means a financial instrument (within the meaning of Article 4(1)(15) of MiFID II) or a structured deposit (within the meaning of Article 4(1)(43) of MiFID II).

  • Steel Products means products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or otherwise similarly processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process.

  • Financial Product means any securities, futures contracts or leveraged foreign exchange contracts as defined under the SFO. Regarding “leveraged foreign exchange contracts”, it is only applicable to those traded by persons licensed for Type 3 regulated activity.

  • Medical marijuana product means a product that contains cannabinoids that have been extracted from plant material or the resin therefrom by physical or chemical means and is intended for administration to a licensed patient, including but not limited to concentrates, oils, tinctures, edibles, pills, topical forms, gels, creams, and other derivative forms, except that this term does not include live plant forms.

  • Civil Aeronautical Product means any civil aircraft, aircraft engine, or propeller or subassembly, appliance, material, part, or component to be installed thereon.

  • Existing Product means any formulation of the same product category and form sold, supplied, manufactured, or offered for sale in California prior to the following dates, or any subsequently introduced identical formulation:

  • Final Product means a product that is not used in producing other products and is built and intended for use outdoors, provided the final product has not deteriorated or has otherwise become a potential source of contaminants.

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Red Hat Products means Software, Services, Subscriptions and other Red Hat branded offerings made available by Red Hat.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Interchangeable biological product means a biological product that the U.S. Food and Drug Administration has:

  • New Products means any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Existing Products Tangible Products and intangible licensed Products which exist prior to the commencement of work under the Contract. Contractor retains the burden of proving that a particular product was existing before commencement of the Project. .

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Marijuana product means marijuana as defined in 50-32-101 and marijuana-infused products

  • Biological product means a virus, therapeutic serum, toxin, antitoxin, vaccine, blood, blood component or derivative, allergenic product, protein other than a chemically synthesized polypeptide, or analogous product, or arsphenamine or any derivative of arsphenamine or any other trivalent organic arsenic compound, applicable to the prevention, treatment, or cure of a disease or condition of human beings.

  • Marijuana products means concentrated marijuana products and marijuana products that are comprised of marijuana and other ingredients and are intended for use or consumption, such as, but not limited to, edible products, ointments, and tinctures.

  • regulated product means a consumer product for which a VOC standard is specified in section 94509(a), and

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • Aerosol product means a pressurized spray system that dispenses product ingredients by means of a propellant contained in a product or a product's container, or by means of a mechanically induced force. “Aerosol Product” does not include “Pump Spray.”

  • Competing Product means [***].