Common use of Discounting of Bills Clause in Contracts

Discounting of Bills. Each Bank may arrange for a Xxxx accepted by it to be discounted on its behalf in the London discount market or elsewhere or discount the Xxxx itself.

Discounting of Bills. Each Bank may will arrange for a each Xxxx accepted by it to be discounted on its behalf by a bank carrying on a bona fide banking business or a person bona fide carrying on the business of a discount house, in the London discount market or elsewhere or discount United Kingdom in each case (which may include the Bank discounting the Xxxx itself).