Use of a CIT company Sample Clauses

Use of a CIT company. The Participant signatory of the Present Appendix conducts its cash operations at branches/counters of the BANQUE DE FRANCE or IEDOM directly or via a CIT (cash-in- transit) company authorized by the Participant. In the case where the participant entrusts the achieving its cash operations with the BANQUE DE FRANCE or IEDOM to a CIT company, sufficient evidence of the mandate given to the company by the signatory participant results, in the case of payments, from the holding funds by the carrier and in the case of withdrawals, from its appointment by the signatory participant on the direct debit slip provided for this purpose. The mandate is subject to no further verification from/ by the BANQUE DE FRANCE or the IEDOM.
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Related to Use of a CIT company

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  • Formation of Company The Company was formed on February 23, 2017 pursuant to the provisions of the Delaware Act. The filing of the Certificate of Formation of the Company with the Secretary of State of the State of Delaware are hereby ratified and confirmed in all respects.

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