Bank Contracts definition
Examples of Bank Contracts in a sentence
The representations and warranties of the Sellers contained in this Agreement relating to Advances, Purchased Loans and other Contracts relating to Pipeline Transactions shall be deemed to be made by the Sellers with respect to the Capmark Bank Contracts; provided that those representations and warranties of the Sellers relating to title to the Capmark Bank Contracts shall be deemed to be made only as of the Closing Date.
The Bank has performed in all material respects all obligations required to be performed by it under each of the Bank Contracts, and is not in default under, and, to the Knowledge of the Bank, no event has occurred that, with the lapse of time or action by a third party, is likely to result in a default under, the Bank Contracts or under any provision of the Articles of Association or Bylaws of the Bank.
The revenues set forth in Column A of Schedule 2.2 are derived from the books and records of Seller and accurately reflect in all material respects the annualized revenues of Seller with respect to the Bank Contracts for the fiscal quarter ending December 31, 2005.
All Independent Sales Organization Contracts and Agent Bank Contracts were created by Seller in accordance with its then current customary credit review and acceptance criteria for the Business, which in all cases were in material compliance with any applicable rules and regulations of the Card Associations.
Further, I may also be barred from tendering in future for Exim Bank Contracts.
True and complete copies of all such Mainland Bank Contracts, and all amendments thereto, have been made available to Investar.
Except as set forth in Schedule 5.14, there are not (a) outstanding any unexpired documents issued or statements made by Seller entitling any party to a Bank Contract to a credit discount, refund or rebate, or (b) any prepayments, deposits or prepaid expenses made by a party to a Bank Contract with respect to, or allocable to, a period following the initial Closing Date with respect to the Bank Contracts, in each case as of the date of this Agreement.
Except as set forth on Schedule 3.13, all rent and other payments by Mainland Bank under the Mainland Bank Contracts is current, there are no existing defaults by Mainland Bank under the Mainland Bank Contracts and no termination, condition or other event has occurred that (whether with or without notice, lapse of time or the happening or occurrence of any other event) would constitute a material default thereunder.
Schedule 1.1A includes all of the service and similar agreements between Seller and its customers as of the date of this Agreement, other than the Edgenet Agreements between Seller and its customers (which shall not be considered Bank Contracts for purposes of this Agreement).
Sharia Bank Contracts and Products, Higher Education Book Edition.