Bank Discretion Sample Clauses

Bank Discretion. The Bank may, in its discretion, refuse a deposit to a Business Account, or refuse to process any Instruction or Document from the Customer, for any reason in accordance with its policies, procedures, or guidelines, including if the Document exceeds processing volumes established by the Bank.
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Bank Discretion. Except as the Customer may otherwise expressly instruct the Bank in writing prior to the opening of any Credit: (i) the Bank and/or any of its correspondents may receive and accept as "bills of lading" clean on board xxxx(s) of lading or document(s) issued, or purporting to be issued, by, or on behalf of, any carrier which acknowledge(s) receipt of goods for transportation, whatever the specific provisions of such document(s) and the date of such receipt. Any such xxxx of lading issued by, or on behalf of, an ocean carrier may be accepted by the Bank as an "ocean xxxx of lading" whether or not the entire transportation is by water; (ii) partial shipment(s) and/or shipment(s) in excess of the quantity called for in the Credit may be made and the Bank may honor the relative drafts; provided, that the liability of the Customer to reimburse the Bank for payments made, or obligations incurred, on such drafts shall be limited to the amount of the Credit; (iii) if the Credit specifies shipments in installments within stated periods, and the shipper fails to ship in any designated period, the Bank may, at its option, refuse to honor drafts relating to the installment so failed and/or any installment(s) subsequent thereto, even though the shipment of such subsequent installment(s) may be made in the designated period(s); (iv) the Bank and/or any of its correspondents may receive and accept as documents of insurance either insurance policies or insurance certificates which need not be for an amount of insurance greater than the amount paid by the Bank pursuant to the Credit; and (v) the Bank and/or any of the Bank's correspondents may receive, accept or pay as complying with the terms of the Credit, any draft or other documents, otherwise in order, which may be drawn, or issued by, an administrator, executor, trustee or receiver of the party in whose name the Credit provides that any drafts or other documents should be drawn or issued. (c) 證照:立約人應:(1)立即取得與信用狀有關之所有貨物進口、出口、裝運等所需之證照;(2)遵守與該等貨物運送或其融資有關之政府法令之規定;(3) 依 貴行之要求隨時提供有關之證明文件;(4)向 貴行認可之保險公司以銀行可接受之保險金額就貨物予以投保;(5)將保險單或保險證明書之權益讓與予 貴行,或依 貴行之選擇,以貴行為保險理賠之受益人;且(6)如 貴行要求時,將保險費已正常繳付及保險公司已同意前述讓與之證據提交 貴行。
Bank Discretion. Except as the Customer may otherwise expressly instruct the Bank in writing prior to the opening of any Credit: (i) (c) 證照: 立約人應: (1) 立即取得與信用狀有關之所有貨物進口、出口、裝運等所需之證照;(2)遵守與該等貨物運送或其融資有關之所適用法律及政府法令之規定;(3)依貴行之要求隨時提供有關之證明文件;(4)向 貴行認可之保險公司以銀行可接受之保險金額就貨物予以投保;(5)將保險單或保險證明書之權益讓與予 貴行,或依 貴行之選擇,以 貴行為保險理賠(如有)之受益人;且(6)如 貴行要求時,將保險費已正常繳付及保險公司已同意前述讓與之證據提交 貴行。
Bank Discretion. Whenever in the absolute discretion of the bank there is a likelihood of the due money not being paid.
Bank Discretion. Nothing herein shall be construed to require the Bank to make Revolving Loans, it being agreed that all loans and advances shall be at the Bank's sole discretion and shall not establish a pattern or custom binding upon the Bank.
Bank Discretion. (a) Issuer may assume that any beneficiary or other presenter acts in good faith and that any presentation or other demand is nonfraudulent. (b) Unless the Credit permits and Issuer specifically agrees. Issuer need not check the authenticity or authority of any purported beneficiary signature, even if in other transactions the beneficiary is a customer or its signature is otherwise known to Issuer. (c) Issuer's agreement to use or use of, discretion in one or more instances shall not waive its right, with or without notice to Applicant, to use its discretion differently in other similar instances and shall riot establish a course of conduct on which Applicant may rely in any other instances under the Credit (or any other letter of credit).

Related to Bank Discretion

  • Lender’s Discretion Whenever pursuant to this Agreement, Lender exercises any right given to it to approve or disapprove, or any arrangement or term is to be satisfactory to Lender, the decision of Lender to approve or disapprove or to decide whether arrangements or terms are satisfactory or not satisfactory shall (except as is otherwise specifically herein provided) be in the sole discretion of Lender and shall be final and conclusive.

  • BANK’S DISCRETION Notwithstanding and without prejudice to any other terms and conditions herein, the Bank shall be entitled at any time, in its reasonable discretion and with reasonable notice, to amend, vary, withdraw, restrict, suspend or terminate all or any of the facilities in respect of or in relation to the TBS Access Code and/or the TBS. The Bank may, from time to time, in its reasonable discretion, make available through the operation of TBS, such other services and/or facilities as the Bank may deem fit.

  • Administrator Discretion The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Option at any time, subject to the terms of the Plan. If so accelerated, such Option will be considered as having vested as of the date specified by the Administrator.

  • Discretion 12.1 May not allow card transactions 12.2 Allowing total outstanding balance to exceed combined credit limit

  • Sole Discretion As the term "sole discretion" is used in this Agreement, --------------- unless otherwise defined, it will be interpreted as the exercise of reasonable discretion applying normal business practices to a contractual relationship between a company and its chairman and chief executive officer.

  • Board Discretion Approval of extended professional leave is a discretionary decision 43 of the Board and is not subject to the grievance procedure.

  • Committee Discretion The Committee has full discretion with respect to any actions to be taken or determinations to be made in connection with this Agreement, and its determinations shall be final, binding and conclusive.

  • COUNTY Discretion At the sole discretion of County, payments to Subrecipient may be made more frequently than monthly, but such payments shall always be in arrears and not in advance of the provision of services by Subrecipient.

  • District’s Sole Discretion District in its sole discretion may terminate this Contract for any reason on 30 days’ written notice to Contractor.

  • Agent’s Discretion Agent shall have the right in its sole discretion to determine which rights, Liens, security interests or remedies Agent may at any time pursue, relinquish, subordinate, or modify or to take any other action with respect thereto and such determination will not in any way modify or affect any of Agent’s or Lenders’ rights hereunder.

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