Opening and Management of Bank Settlement Account. (1) Party A shall, in accordance with applicable laws, market practice and relevant business rules, authorize Party B to open and manage the bank settlement account related to the Entrusted Assets, and Party B shall report to Party A for record within two Business Days after completion of such task.
Appears in 6 contracts
Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)
Opening and Management of Bank Settlement Account. (1) Party A shall, in accordance with applicable laws, market practice and relevant business rules, authorize Party B to open and manage the bank settlement account related to the Entrusted Assets, and Party B shall report to Party A for record within two Business Days business days after completion of such task.
Appears in 2 contracts
Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)
