Examples of Master Account Agreement in a sentence
I am / We are duly authorised to execute and deliver this Master Account Agreement.
A copy of the Master Account Agreement, this Circular, any other account agreement, amendments thereto, and a copy of the relevant portions of the minutes of the meeting(s) at which the Financial Institution’s governing body authorized execution of the account agreement(s), shall at all times be kept together in one place.
Each Master Account Agreement is subject to approval by the Financial Institution’s Administrative Reserve Bank.
A Reserve Bank may terminate a Master Account Agreement (Appendix 1), Transaction and Service Fee Settlement Authorization (Appendix 2), Pass- Through Agreement (Appendix 3), or any Other Account Agreement at any time by notice to the Account Holder but will endeavor to give not less than five business days prior notice.
In reaching the above conclusions, the court rejects the three arguments raised by plaintiffs: (1) plaintiffs never received the Master Account Agreement and/or the Client Relationship Agreement that outlines the actual text of the arbitration clause, (2) the reference to arbitration in the Corporate Agreement is ambiguous, and (3) the relevant contracts are illusory.