BNY Mellon Bank definition

BNY Mellon Bank means The Bank of New York Mellon, a New York chartered commercial bank and affiliate of BNYM, and its lawful successors and assigns.

Examples of BNY Mellon Bank in a sentence

• The Funds will indemnify BNYMTI for any Loss incurred by BNYMTI which arises from the Funds’ use of Bank Application security codes, the Funds’ access to and use of the Bank Applications or any claim asserted against BNY Mellon Bank, other than by a Fund, relating to the Funds’ access to and use of the Bank Applications.

• The Funds acknowledge that BNYMTI, BNYM, BNY Mellon Bank and Affiliated Third Party Institutions may derive a benefit from the monies deposited with or swept into, respectively, BNY Mellon Bank or an Affiliated Third Party Institution to the extent BNY Mellon Bank or an Affiliated Third Party Institution, as appropriate, is able to use such monies in its business operations.

• The Funds shall comply with all requirements imposed by BNY Mellon Bank with respect to use of the Bank Applications.