Banking Products definition

Banking Products means each and any of the following bank services provided to any Loan Party by any Lender or any of its Affiliates: (a) credit cards for commercial customers (including, without limitation, “commercial credit cards” and purchasing cards), (b) stored value cards, (c) merchant processing services, and (d) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, return items, any direct debit scheme or arrangement, overdrafts, cash pooling services and interstate depository network services).
Banking Products means any one or more of the following financial products or accommodations extended to any of the Credit Parties or any of their Domestic Subsidiaries by a Banking Product Provider: (a) credit cards, (b) credit card processing services, (c) debit cards, (d) stored value cards, (e) purchase cards (including so-called “procurement cards” or “P-cards”), (f) Cash Management Services, or (g) transactions under Hedging Agreements. The termBank Products” shall have the same meaning as “Banking Products.”
Banking Products means each and any of the following bank services provided to any Credit Party (or the LKE Qualified Intermediary with respect to a LKE Joint Account) by any Banking Products Provider: (a) commercial credit cards, (b) stored value cards and (c) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, E-payables or comparable services, return items, overdrafts and interstate depository network services).

Examples of Banking Products in a sentence

  • Each Lender or Affiliate thereof providing Banking Products for, or having Secured Rate Contracts with, any Loan Party shall deliver to the Administrative Agent, promptly after entering into such Banking Products or Secured Rate Contracts, written notice setting forth the aggregate amount of all Bank Product Obligations and Secured Rate Contract Obligations of such Loan Party to such Lender or Affiliate (whether matured or unmatured, absolute or contingent).


More Definitions of Banking Products

Banking Products means any banking product(s) offered by the Bank to the Customers at any time.
Banking Products means each and any of the following bank services provided to any Credit Party by any Banking Products Provider: (a) commercial credit cards, (b) stored value cards and (c) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, E-payables or comparable services, return items, overdrafts and interstate depository network services).
Banking Products means all products and services that involve the settlement of tax-related funds, including, Refund Transfer Products, deposit products, credit products (e.g., refund anticipation loans, advance products) that anticipate (even if they do not necessarily require) loan repayment from future tax refund proceeds.
Banking Products means and includes all products offered by the Bank wherein HSBC India has allowed the usage of Video KYC solution for onboarding of customers.
Banking Products means business deposit accounts or credit accounts offered by the Bank (other than those related to the Merchant Services offered by NOVA pursuant to this Agreement).
Banking Products means each and any of the following bank services provided to any Loan Party by any Lender or any of its Affiliates, whether in the U.S. or any foreign jurisdiction: (a) credit cards for commercial customers (including, without limitation, “commercial credit cards” and purchasing cards), (b) stored value cards, (c) merchant processing services, and (d) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse transactions, return items, any direct debit scheme or arrangement, overdrafts, cash pooling services and interstate depository network services).
Banking Products means financial products available to Users through Bank either online or at a branch.