Banking Powers Sample Clauses

Banking Powers. To deposit all Collections directly into a bank account mutually selected by Clarient and Group. Clarient (and any subcontractor designated by Clarient) shall have the right to make withdrawals from such account to pay all costs and expenses incurred in the operation of Group and to fulfill all other terms of this Agreement.

Banking Powers. To make, draw, sign in Client’s name, deliver and accept checks, drafts, receipts for moneys, notes, or other orders for the payment of money against, or otherwise make withdrawals from any commercial, checking or savings account which Client may have in its sole name or in joint name with its spouse or other person(s), in any bank or financial institution, for any purpose which Attorney may think necessary, advisable or proper; and to endorse and negotiate in its name and deliver checks, drafts, notes, bills, certificates of deposit, commercial paper, money market instruments, bills of exchange or other instruments for the payment of money and to deposit same, as cash or for collection, and cash into any commercial, checking or savings account which Client may have in its sole name or in joint name with its spouse or other person(s), in any bank or financial institution; and to carry on all its ordinary banking business.

Banking Powers. 4.01 Open and close all types of accounts and deposits with any institution. 4.02 Deposit funds with all types of institutions. 4.03 Withdraw funds from all types of institutions. 4.04 Draw, endorse, accept and pledge bills, mortgage-backed securities, promissory notes, vouchers, and, in general, any credit document or security. 4.05 Discount, protest and collect bills, mortgage-backed securities, promissory notes, vouchers, and, in general, any credit document. 4.06 Draw, endorse, protest, collect and pledge checks and any other payment orders. 4.07 Apply for letters of credit or letters of guarantee in domestic or foreign currency. 4.08 Apply for and agree on current account credits, advances or overdrafts and documentary credits. 4.09 Carry out any and all transactions related to Bonded Warehouses or Authorized Customs Warehouses, being entitled to sign, endorse, encumber, discount and collect certificates of deposit, warrants and other similar documents. 4.10 Rent and open safe-deposit boxes, and remove their contents. 4.11 Deposit, withdraw, buy and sell securities. 4.12 Take out and endorse insurance policies. 4.13 Furnish bonds and enter into guaranties.

Banking Powers. To deposit all Collections directly into a bank account subject to the Lockbox Agreement and make disbursement in accordance therewith;

Banking Powers. To deposit all Collections directly into a bank account held in Group’s name at a banking institution mutually selected by Manager and Group. Manager (and any subcontractor designated by Manager) shall have the right to make withdrawals from such account to pay all costs and expenses incurred in the operation of Group, including payment of the Management Fee as set forth in Section 3.1, and to fulfill all other terms of this Agreement.

Banking Powers. 1. To accept, draw, discount, endorse, surety, guaranty ▇▇▇▇ of exchanges, promissory notes and other letters of credits in favor of individuals, entities, public, private or mixed banks and their branches and agencies of the Republic of Peru or abroad, to draw letter over abroad. 2. To act with broad faculties at the corporation businesses, before any bank or credit institution, to renew existing obligations and to withdraw part or all the funds deposited by the corporation, by signing checks and other required documents, and to make new deposits, withdraw them, also openly drawing or as required. 3. To open and close checking accounts, savings accounts and other accounts by signing the documents required thereto; to request check books. 4. Also, to withdraw titles, documents, shares, mortgage bonds and other values deposited on custody or guaranty from the banks, savings banks or entities. 5. To collect coupons, bills of exchange and any other security bond, credit note, as well as any other payment order by depositing the product in any of the corporation accounts. 6. To collect checks and any other security bond, draw by individual or legal entities, Peruvian or foreign individuals and to deposit their product in any of the corporation accounts. 7. To obtain proof of non-conformity of payment issued by the banking or financing institution drawn, to protest and perform collection action authorized by law; 8. To perform factoring transactions and assets securitization 9. To have access to the deposits and withdraw from them envelopes and documents; and to carry out all acts, arrangements and formalities to comply the purpose of this power of attorney. 10. To lease safety boxes, open them and to withdraw its contents and to pay the leasing.