Responsibilities of the Bank Sample Clauses

Responsibilities of the Bank. 5.1 The Bank shall designate a competent employee or employees, preferably within senior management, to be responsible for the completion of the Services contemplated under this Agreement and the supervision of the implementation of the Project Plan (“Nodal Officer”). 5.2 The Nodal Officer shall assist Service Provider in coordinating meetings/workshops with the relevant Heads of Departments and escalate issues/delays to the appropriate senior management and such Project Representative shall be Service Provider’s primary point of contact for the purposes of this Agreement. All communications to Service Provider shall be made solely by the Nodal Officer, on behalf of the Bank. 5.3 The Bank shall actively participate in providing required inputs and assessments required by the Consultancy Team in providing the Services in terms of this Agreement and the implementation of the Project Plan and validate and provide its acceptance for all Reports on a timely basis, if such Reports are in a form and manner that is acceptable to the Bank. 5.4 The Bank shall arrange for the Heads of the Departments to attend meetings for the purposes explaining the processes and controls of the relevant Department to the Consultancy Team. 5.5 The Bank shall provide Service Provider and the Consultancy Team access to relevant documents/manuals/records as may be reasonably requested and required by the Consultancy Team in relation to the provision of the Services contemplated in terms of this Agreement.
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Responsibilities of the Bank. The responsibilities of the Bank under this Agreement are as follows:
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Responsibilities of the Bank. 1) The Bank undertakes to notify about the changes that have occurred in the terms of providing complex banking services in accordance with paragraph 17 of this Agreement; 2) The Bank undertakes to observe banking secrecy when conducting transactions and not to provide (disclose) information related to banking secrecy to third parties without the written permission of the Customer and/or his/her family members, except in cases when this provision of information is directly stipulated by regulatory legal acts of the Republic of Kazakhstan or is performed on the basis of official requests of authorized bodies of the Republic of Kazakhstan; 3) to consider and prepare a written response to the Customer’s written request within the time limits established by the Law of the Republic of Kazakhstan “On the procedure for considering appeals of individuals and legal entities”; 4) fulfill all other obligations assumed in accordance with the Agreement and other documents, as well as the legislation of the Republic of Kazakhstan.
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Responsibilities of the Bank. The Bank undertakes the duties and obligations imposed by this Agreement upon the following terms and conditions, by all of which the Company, by its acceptance hereof, shall be bound: 8.01 Whenever in the performance of its duties hereunder the Bank shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter may be deemed to be conclusively proved and established by a certificate signed by the Chairman of the Board, the President, any Vice President, the Treasurer, any Assistant Treasurer, the Secretary or any Assistant Secretary of the Company and delivered to the Bank. Such certificate shall be full authorization to the Bank for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon such certificate. 8.02 The Company agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, instruments and assurances as may reasonably be required by the Bank for the carrying out or performing by the Bank of the provisions of this Agreement.
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Responsibilities of the Bank. 1) The Bank undertakes to notify about the changes that have occurred in the terms of providing complex banking services in accordance with paragraph 17 of this Agreement; 2) The Bank undertakes to observe banking secrecy when conducting transactions and not to provide (disclose) information related to banking secrecy to third parties without the written permission of the Customer, except in cases when this provision of information is directly stipulated by regulatory legal acts of the Republic of Kazakhstan or is performed on the basis of official requests of authorized bodies of the Republic of Kazakhstan; 3) to consider and prepare a written response to the Customer’s written request within the time limits established by the laws of the Republic of Kazakhstan; 4) fulfill all other obligations assumed in accordance with the Agreement and other documents, as well as the legislation of the Republic of Kazakhstan.
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Responsibilities of the Bank a. Provide the following services to the installation: (1) Full range of banking services--such as checking and savings accounts, loans, pay allotments, and counseling services--for military and civilian personnel. (2) Furnishing cash, including payroll requirements, to DA or Defense Finance and Accounting Service (DFAS) finance and accounting officers or their authorized agents. Providing cash and other services to the commissary and other activities if a compensating balance is provided by the U.S. Treasury. (3) Accepting deposits from military finance and accounting officers for credit to the Treasury general account. Satisfying the risk management standard established by the Department of Treasury. (4) Paying and receiving facilities for custodians of nonappropriated funds (NAF) acting in such capacity. Services provided shall be compensated. (5) Cashing of personal and Treasury checks for account holders and for those nonaccount holders who are either drawer or payee thereon, have proper identification, and meet any other conditions that the BANK may impose to ensure the subsequent collection of funds for such checks. (6) Direct deposit (SURE PAY) services. (7) Selling and redeeming of U.S. Savings Bonds. (8) Selling of banking papers (i.e., cashier's checks, bank money orders, and traveler's checks). (9) Accepting payment from individuals for private utility bill payments. (10) Safekeeping and safe deposit facilities. (11) Night depository facilities. (12) Automated teller machines (ATMs). Coordinate ATM installations through the bank liaison officer (BLO) for approval. Be responsible for the installation, maintenance, and operational expenses of ATMs. Accept the Government travel card in all of the BANK’s on-post ATMs. (13) In-store banking services. Upon approval of the XXXXXXXX, establish branch offices in the Army & Air Force Exchange Service (AAFES) Post Exchange (PX/Building 1718) and AAFES Shoppette (Building 6036). Provide full banking services except for the following: (a) Closing checking accounts. (b) International money orders. (c) Money order stops. (d) Approval of loans. (e) Approval of credit cards. (f) Cash wires for non-customers. (g) Safe deposit boxes. (14) Banking services at the Welcome Center. (a) Limited teller services for account holders (check cashing, deposits). (b) New accounts/ATM cards. (c) BANK approval on departing Soldiers’ installation clearance documents. (d) BANK services briefing for all incoming Soldiers. (e) Loa...
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Responsibilities of the Bank. In organising the auction, the Bank has the following responsibilities: 1. To provide the required technology for the organisation of auctions, aiming to minimise operational risk and to preserve information confidentiality. 2. To publish in its official website and in the dedicated Reuters pages the announcement of the auction organisation as soon as it receives the announcement from the Ministry. The press release should contain at least the data laid down in Article 4 (4). 3. To ensure the well-functioning of the auction process by exchanging information with the Ministry and the market in a timely manner, adhering to the specified deadlines. 4. To ensure compliance with the conditions for participation in the auction by the individuals participating at auction through its counters.
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Responsibilities of the Bank. 2.1 The Bank shall be responsible for and agrees to: 2.1.1 Give all relevant approvals required under this agreement within a reasonable time of being requested to so give; 2.1.2 Finance the purchase of such vehicle inventories upon such terms and conditions as it shall see fit;
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Responsibilities of the Bank a. Subject to the provisions of this Agreement, the Bank agrees with the Central Depository Participants that it will operate the CDS in accordance with the Regulations, CDS Rules and Operational Guidelines in force. In particular, the Bank will keep in safe custody all securities credited to the CDS securities Account of the Central Depository Participants and clients. The Bank further agrees to provide information on CDS holdings through the Central Depository Participants from time to time. b. The Central Depository Participants acknowledges and agrees that the Bank does not owe the Central Depository Participants any duty (whether contractual or otherwise and whether for itself or on behalf of any other person or persons) to monitor or enforce the compliance of any other Central Depository Participants or of any settlement bank with the CDS Rules. c. The Bank reserves the right to: (i) suspend the CDS operations, wholly or partially, (ii) vary the operational timetable, by reason of any circumstances whatsoever beyond the Bank's reasonable control, including without limitation partial or total failure, malfunction or overload of the CDS operations or other emergency; d. and the Central Depository Participant acknowledges and agrees that its obligations under this Agreement shall continue in force and effect notwithstanding any such suspension or variation (save in so far as any such obligation cannot be performed while the suspension or variation continues in effect).
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Related to Responsibilities of the Bank

  • Responsibilities of the Company 3.3.1 The Company shall provide participants of CopyTrade with a complete package of services according to the Customer Agreement. The Company is liable for proper performance of technological solutions according to the Customer Agreement. 3.3.2 The Company bears no liability to participants of CopyTrade for lost profit or losses, which may directly or indirectly occur as a result of trading operations performed or not performed by an Investor or a Trader. 3.3.3 The Company bears no liability to participants of CopyTrade for lost profit or losses, which may be directly or indirectly occur as a result of their ignorance of regulatory documents or cooperation scheme. 3.3.4 The Company doesn’t evaluate Traders’ professional skills and suitability not on a single stage of their activity and bears no responsibility to Investors for any losses or lost profit they may incur. 3.3.5 The Company is not liable for:

  • Responsibilities of the Borrower (a) Anything herein to the contrary notwithstanding, the Borrower shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrative Agent, or any other Credit Party of their respective rights hereunder shall not relieve the Borrower from such obligations and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. None of the Credit Parties shall have any obligation or liability with respect to any Collateral, nor shall any of them be obligated to perform any of the obligations of the Borrower, the Servicer or any Originator thereunder. (b) Alliance hereby irrevocably agrees that if at any time it shall cease to be the Servicer hereunder, it shall act (if the then-current Servicer so requests) as the data-processing agent of the Servicer and, in such capacity, Alliance shall conduct the data-processing functions of the administration of the Receivables and the Collections thereon in substantially the same way that Alliance conducted such data-processing functions while it acted as the Servicer. In connection with any such processing functions, the Borrower shall pay to Alliance its reasonable out-of-pocket costs and expenses from the Borrower’s own funds (subject to the priority of payments set forth in Section 4.01).

  • RESPONSIBILITIES OF CITY City or its representative shall issue all communications to Contractor. City has the authority to request changes in the work in accordance with the terms of this Agreement and with the terms in Exhibit A – Scope of Work. City has the authority to stop work or to suspend any work.

  • RESPONSIBILITIES OF THE STATE 3.2.1 The State will identify a Project Manager for the Project. The Project Manager will be the sole point of contact between the Contractor and the State. The Project Manager will be the State’s representative authorized to communicate the State’s position and directions related to all contract work and to coordinate all change orders with the Commissioner of Buildings and General Services as deemed necessary. 3.2.2 If applicable, the State shall furnish all surveys describing the physical characteristics, legal limitations and utility locations for the site of the Project, and a legal description of the site. 3.2.3 Except as provided in Subparagraph 4.7.1, the State shall secure and pay for necessary approvals, easements, assessments and charges required for the construction, use or occupancy of permanent structures or for permanent changes in existing facilities. 3.2.4 Information or services under the State's control shall be furnished by the State with reasonable promptness to avoid delay in the orderly progress of the Work. 3.2.5 Unless otherwise provided in the Contract Documents, the Contractor will be furnished, free of charge, all copies of Drawings and Specifications reasonably necessary for the execution of the Work. 3.2.6 The State shall forward instructions to the Contractor through the Architect. 3.2.7 The foregoing are in addition to any other duties and responsibilities of the State enumerated in the Contract Documents including those responsibilities described in Articles 6, 9 and 11 of this agreement. 3.2.8 The State may utilize a Clerk-of-the-Works to provide inspection and monitoring work on behalf of the State. If a Clerk-of-the-Works is utilized, it is the responsibility of the Architect and the Contractor to review and understand the Clerk’s duties, responsibilities and limitations of authority. Upon request, the State shall provide a copy of the Clerk-of-the-Works contract to Architect and Contractor.

  • Responsibilities of the Seller (a) Anything herein to the contrary notwithstanding, the Seller shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Administrator, the Purchaser Agents or the Purchasers of their respective rights hereunder shall not relieve the Seller from such obligations, and (ii) pay when due any taxes, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Administrator, the Purchaser Agents or any of the Purchasers shall not have any obligation or liability with respect to any Pool Asset, nor shall any of them be obligated to perform any of the obligations of the Seller, Servicer, WESCO or the Originators thereunder. (b) WESCO hereby irrevocably agrees that if at any time it shall cease to be the Servicer hereunder, it shall act (if the then-current Servicer so requests) as the data-processing agent of the Servicer and, in such capacity, WESCO shall conduct the data-processing functions of the administration of the Receivables and the Collections thereon in substantially the same way that WESCO conducted such data-processing functions while it acted as the Servicer.

  • Responsibilities of the Parties 1.5.1 The Parties shall perform all obligations of this Agreement in accordance with all Applicable Laws and Regulations, Operating Requirements, and

  • RESPONSIBILITIES OF THE OWNER The Owner agrees to: Provide all documentation, records, and disclosures as required by law or required by the Agent to manage and operate the Property, and immediately notify the Agent if the Owner becomes aware of any change in such documentation, records or disclosures, or any matter affecting the habitability of the Property; Indemnify, defend, and hold harmless the Agent, and all persons in the Agent's firm, regardless of responsibility, from all costs, expenses suits, liabilities, damages, attorneys fees, and claims of every type, including, but not limited to, those arising out of injury or death of any person, or damage to any real or personal property of any person, including the Owner, for: Any repairs performed by the Owner or by others hired directly by the Owner; or Those relating to the management, leasing, rental, security deposit, or operation of the Property by the Agent, or any person in the Agent's company, or the performance or exercise of any of the duties, powers, or authorities granted to the Agent; This sub-section, and all rights to the Agent’s indemnification, shall be considered void if the Agent exemplifies any willful acts of gross negligence; Maintain the Property in a condition fit for human habitation as required by applicable State and local laws; Pay all interest on Tenants’ security deposits if required by applicable laws; Carry and pay for: Public and premises liability insurance in an amount of no less than one-million dollars ($1,000,000.00); and Property damage and worker’s compensation insurance adequate to protect the interests of the Owner and the Agent. The Agent shall be, and the Owner authorizes Agent to be, named as an additional insured party on the Owner’s policies; and Pay any late charges, penalties and/or interest imposed by lenders or other parties for failure to make payment only if the failure is due to insufficient funds in the Agent’s trust account available for such payment. In addition, the Owner agrees to replace any funds required if there are insufficient funds in the Agent’s trust account to cover such responsibilities of the Owner.

  • RESPONSIBILITIES OF THE UNIVERSITY The UNIVERSITY shall designate in writing a faculty member to coordinate with a designee of the FIELDWORK SITE.

  • Responsibilities of the City The City’s Contract Manager will be responsible for exercising general oversight of the Contractor’s activities in completing the Scope of Work. Specifically, the Contract Manager will represent the City’s interests in resolving day-to-day issues that may arise during the term of this Contract, shall participate regularly in conference calls or meetings for status reporting, shall promptly review any written reports submitted by the Contractor, and shall approve all invoices for payment, as appropriate. The City’s Contract Manager shall give the Contractor timely feedback on the acceptability of progress and task reports.

  • Responsibilities of the Contractor The Contractor shall provide all technical and professional expertise, knowledge, management, and other resources required for accomplishing all aspects of the tasks and associated activities identified in the Scope of Work. In the event that the need arises for the Contractor to perform services beyond those stated in the Scope of Work, the Contractor and the City shall negotiate mutually agreeable terms and compensation for completing the additional services.

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