OPENING OF THE ACCOUNT Sample Clauses

OPENING OF THE ACCOUNT.  As the depositor opens a concentrator BANK account, accepts and submits to comply, and accepts any changes carried out by the BANK in the regulations thereof.  A natural person must be assigned to manage the concentrator account(s), and will be able to link and unlink accounts.  The Manager of the concentrator account, as the account is being opened, must indicate the linked account to which the interests generated by the concentrator account will be credited.  Any changes or modifications that occur to the identity or existence of the customer’s legal structure will take effect only after THE BANK has being notified in writing.  The Concentrator Accounts are subject to certain opening and management requirements. For this purpose, THE BANK is entitled to make the charges established during the opening period. From time to time, as it deems appropriate, THE BANK may modify the amount of such fees. For this, THE BANK must modify in writing either by email or any other means of communication agreed with THE CUSTOMER at least 30 days prior to the change to the address registered on THE BANK’s file or by publishing this in the branches.
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OPENING OF THE ACCOUNT. 1. The Agreement is concluded on the basis of a Client Application subject to Aforti's approval. 2. In order to conclude the Agreement on the basis of the GTC and in order to open an Account, the Client is obliged to comply with Aforti’s procedures in force concerning the establishment of trade relations and opening of an Account and conclusion of an Agreement with Aforti. 3. The Client submits an application to Aforti in accordance with the requirements and procedures in force at Aforti and is obliged to provide all necessary information and documents in relation to the Client, including the data of the Authorized Persons (if applicable). 4. The procedure for opening an Account is subject to Aforti's requirements, which Aforti may change from time to time. Aforti will inform the Client of such requirements and applicable changes (if any) before and during the onboarding and opening Account process. 5. Aforti decides on the opening of an Account on a date which Aforti determines at its own discretion in each individual case and after the receipt of a correctly completed application form for the opening of an Account and supporting documents and information in a satisfactory manner 6. By submitting the Application, the Client confirms that: a. the Client has read, understood and expressly agrees to enter, comply with and observe this Agreement together with the GTC and any additional conditions, irrespective of their nature, which together govern the supply of services and the relationship between the Client and Aforti; b. in the case of the Client’s Authorized Person, the Client shall ensure that the Authorized Persons have read and understood the applicable Agreement, including the GTC and any additional terms and conditions of whatever kind and nature, and agree and undertake to comply with them; c. the Account payment instruments, and access credentials will only be used by Authorized Persons (if applicable), for the benefit and legitimate interest of the Client; d. the Account will not be used for illegal purposes or in breach of this Agreement; e. the Client and (if applicable) the Authorised Person(s) understand the content, responsibilities and risks associated with the use of the services; f. the Client has provided Aforti with accurate, correct and complete information and documents in relation to the Client and (if applicable) the Authorised Person(s). 7. The application is submitted by the Client to Aforti in accordance with the applicable proce...
Sample 1
OPENING OF THE ACCOUNT. An application for the opening of an account can be made at the Branch or at any other Qatar National Bank (Q.P.S.C.)
Sample 1

Related to OPENING OF THE ACCOUNT

  • RUNNING OF THE ACADEMY Teachers and staff

  • Opening an Account Stripe may use information that you provide to Stripe and its Affiliates about a Connected Account to (a) determine the Connected Account’s eligibility to be a Stripe Issuing Accountholder; (b) administer the Stripe Issuing Program; and (c) monitor each Stripe Issuing Accountholder’s Principal Owners, Stripe Issuing Administrators, Card Authorised Users, representatives, and individuals with significant responsibility for management, including executives and senior managers, for the purpose of meeting Stripe’s obligations under Law. Stripe may reject any Connected Account application for, and terminate any Stripe Issuing Accountholder’s access to, the Stripe Issuing Services immediately if any Connected Account, Stripe Issuing Accountholder, Principal Owner, Stripe Issuing Administrator, Card Authorised User, representative, or individual with significant responsibility for management is or becomes a High-Risk Person or uses the Stripe Issuing Program for a Card Unauthorised Purpose.

  • Opening of Tenders 2.20.1 The Procuring entity will open all tenders in the presence of tenderers’ representatives who choose to attend, at (the place specified in the invitation to tender). The tenderers’ representatives who are present shall sign a register evidencing their attendance. 2.20.2 The tenderers’ names, tender modifications or withdrawals, tender prices, discounts and the presence or absence of requisite tender security and such other details as the Procuring entity, at its discretion, may consider appropriate, will be announced at the opening. 2.20.3 The Procuring entity will prepare minutes of the tender opening.

  • Opening of Bids a) The Bids shall be opened by the bid opening & evaluation committee on the date and time mentioned in the NIB in the presence of the bidders or their authorised representatives who choose to be present. b) The committee may co-opt experienced persons in the committee to conduct the process of Bid opening. c) The committee shall prepare a list of the bidders or their representatives attending the opening of Bids and obtain their signatures on the same. The list shall also contain the representative’s name and telephone number and corresponding bidders’ names and addresses. The authority letters, if any, brought by the representatives shall be attached to the list. The list shall be signed by all the members of Bid opening committee with date and time of opening of the Bids. d) All the documents comprising of technical Bid/ cover shall be opened & downloaded from the e-Procurement website (only for the bidders who have submitted the prescribed fee(s) to RISL). e) The committee shall conduct a preliminary scrutiny of the opened technical Bids to assess the prima-facie responsiveness and ensure that the: - a. bid is accompanied by bidding document fee, bid security or bid securing declaration, and processing fee (if applicable); b. bid is valid for the period, specified in the bidding document; c. bid is unconditional and the bidder has agreed to give the required performance security; and d. other conditions, as specified in the bidding document are fulfilled. e. any other information which the committee may consider appropriate. f) No Bid shall be rejected at the time of Bid opening except the Bids not accompanied with the proof of payment or instrument of the required price of bidding document, processing fee and bid security. g) The Financial Bid cover shall be kept unopened and shall be opened later on the date and time intimated to the bidders who qualify in the evaluation of technical Bids.

  • Crediting of Deposits Deposits made after the deposit cutoff time and deposits made on holidays or days other than our business days will be credited to your account on the next business day.

  • Funding Account The Administrative Agent shall have received a notice setting forth the deposit account of the Borrower (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • Investment of Funds in the Accounts The Trustee may direct any depository institution maintaining the Certificate Account or the Reserve Account, if any, for the Series and any other segregated Eligible Account, which Eligible Account shall be a Securities Account the contents of which are held for the benefit of Certificateholders of such applicable Series (each, an "Account"), to invest the funds therein at the specific written direction of the Depositor in one or more Eligible Investments bearing interest or sold at a discount, which shall be held to maturity unless payable on demand and which funds shall not be reinvested upon the maturity or demand for payment of such Eligible Investment. If the Depositor does not provide any investment directions by 10:00 a.m. on any Business Day, funds held in any Account will be invested in the Eligible Investments specified in clause (iv) of the definition thereof until receipt of investment directions to the contrary. Investments of such funds shall be invested in Eligible Investments that will mature so that such funds will be available for distribution on the next Distribution Date. Except as otherwise provided in the applicable Supplement, any earnings with respect to such Eligible Investments shall be paid to, and any losses with respect to such Eligible Investments shall be solely for the account of, the Certificateholders in proportion to their interest in the invested funds. In the event amounts on deposit in an Account are at any time invested in an Eligible Investment payable on demand, the Securities Intermediary, on behalf of the Trustee and the Trust, shall: (i) consistent with any notice required to be given thereunder, demand that payment thereon be made on the last day such Eligible Investment may otherwise mature hereunder in an amount equal to the lesser of (1) all amounts then payable thereunder and (2) the amount required to be withdrawn on such date; and (ii) demand same day payment of all amounts due thereunder upon a determination by the Trustee that such Eligible Investment would not constitute an Eligible Investment in respect of funds thereafter on deposit in any Account. None of the Trustee, the Depositor or the Securities Intermediary shall in any way be held liable by reason of any insufficiency in any Account resulting from any loss on any Eligible Investment made in accordance with this Trust Agreement.

  • Agent’s Own Account; Clients’ Account The Company consents to the Agent trading, in compliance with applicable law, in the Common Shares for the Agent’s own account and for the account of its clients at the same time as sales of the Shares occur pursuant to this Agreement.

  • Business Day For purposes of these By-Laws, “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which banking institutions in the State of New York are authorized or obligated by law or executive order to close.

  • Meaning of outstanding Every Note issued, authenticated and delivered in accordance with this Indenture shall be deemed to be outstanding until it is cancelled or redeemed or delivered to the Trustee for cancellation or redemption for monies or a new Note is issued in substitution for it pursuant to Section 2.10 or the payment for redemption thereof shall have been set aside under Section 5.7, provided that: (a) when a new Note has been issued in substitution for a Note which has been lost, stolen or destroyed, only one of such Notes shall be counted for the purpose of determining the aggregate principal amount of Notes outstanding; (b) Notes which have been partially redeemed or purchased shall be deemed to be outstanding only to the extent of the unredeemed or unpurchased part of the principal amount thereof; and (c) for the purposes of any provision of this Indenture entitling Holders of outstanding Notes of any series to vote, sign consents, resolutions, requisitions or other instruments or take any other action under this Indenture, or to constitute a quorum of any meeting of Holders thereof, Notes owned directly or indirectly, legally or equitably, by the Issuer or any of its Subsidiaries shall be disregarded (unless the Issuer and/or one or more of its Subsidiaries are the only Holders (or Beneficial Holders) of the outstanding aggregate principal amount of such series of Notes at the time outstanding in which case they shall not be disregarded) except that: (i) for the purpose of determining whether the Trustee shall be protected in relying on any such vote, consent, requisition or other instrument or action, or on the Holders present or represented at any meeting of Holders, only the Notes in respect of which the Trustee has received an Officers’ Certificate confirming that the Issuer and/or one or more of its Subsidiaries are the only Holders shall be so disregarded; and (ii) Notes so owned which have been pledged in good faith other than to the Issuer or any of its Subsidiaries shall not be so disregarded if the pledgee shall establish, to the satisfaction of the Trustee, the pledgee’s right to vote such Notes, sign consents, requisitions or other instruments or take such other actions in his discretion free from the control of the Issuer or any of its Subsidiaries.

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