Buyer Bank Account definition

Buyer Bank Account is defined in Section 6.2(c).
Buyer Bank Account means Your bank account as mentioned in the KYC documents and as updated in the records of DGIPL from time to time.
Buyer Bank Account means Buyer’s bank account to be notified by Buyer to Seller in writing prior to the Closing Date.

Examples of Buyer Bank Account in a sentence

  • Contract Date: Securities Purchased: Buyer: Seller: Purchase Price: Repurchase Date: Gross Due at Maturity: Repurchase Rate: Net Increase: Transaction Currency Account No.: Exchange Rate: Buyer Bank Account: This Transaction shall be subject to Margin Transfers and the Margin Ratio shall be in accordance with the Agreement.

  • Buyer has provided to the Sellers and the Company an accurate bank statement showing proof of the amount of funds in the Buyer Bank Account as of the date hereof, which funds are sufficient to consummate the transactions contemplated hereby.

  • Buyer or Sun HK is the owner of, and has good, valid and marketable title to, the Buyer Bank Account and the funds deposited therein, free and clear of any Liens or other restrictions on use or transfer thereof or withdrawal of funds therefrom, including with respect to currency exchange or other restrictions or requirements under Applicable Law.


More Definitions of Buyer Bank Account

Buyer Bank Account means Buyer's bank account to be designated in writing by Buyer to Seller.
Buyer Bank Account. An account established in the Buyer’s name at any bank, savings and loan or credit union chartered under the laws of the United States or any political subdivision thereof. The Buyer will provide written payment instructions, including the ABA routing number, SWIFT code, branch address and phone number of such institution, together with the account number of, and the account owner’s name on, such account, not less than 30 days in advance of any payment due to the Buyer hereunder that the Buyer wishes the Seller to direct to such account. The Buyer hereby represents and warrants that it will be, at the time of such notice and of any such payment, the sole legal and beneficial owner of such account.” [*****]
Buyer Bank Account means Buyer’s bank account to be designated in writing by Buyer to Seller. “Buyer Group” has the meaning set forth in Section 12.1. “Buyer Shares” shall mean One Million Five Hundred Seventy-Nine Thousand Two Hundred Eighty (1,579,280) shares of common stock, par value $.10 per share, and associated common stock purchase rights, of Buyer. “Buyer Tax Act” has the meaning set forth in Section 13.8(a). “Buyer Welfare Benefit Plans” has the meaning set forth in Section 9.8(a). “Buyer’s Canadian Deferred Profit Sharing Plan” has the meaning set forth in Section 9.2(f)(i). “Buyer’s Canadian Pension Plan” has the meaning set forth in Section 9.2(d)(ii). “Buyer’s Canadian Savings Plan” has the meaning set forth in Section 9.2(e)(i). “Buyer’s Letter” has the meaning set forth in Section 3.2(d). “Buyer’s U.S. Pension Plan” has the meaning set forth in Section 9.2(a)(ii). “Buyer’s U.S. Savings Plan” has the meaning set forth in Section 9.2(b)(i). “Cash” means all cash (including cash in bank accounts of any of the Acquired Companies as of the Effective Time and checks and wire transfers received by any of the Acquired Companies prior to the Effective Time which were not deposited in bank accounts of any of the Acquired Companies prior to the Effective Time or which were so deposited but were not reflected as cash on deposit in any bank accounts of the Acquired Companies as of or prior to the Effective Time), cash equivalents, funds, certificates of deposit, similar instruments and short term investments of any of the Acquired Companies. “China Approval” means the approval set forth in item 1 on Schedule 5.4. “China Closing” has the meaning set forth in Section 4.5(a)(v). 3

Related to Buyer Bank Account

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Central Depositories Act means the Securities Industry (Central Depositories) Act 1991 and every statutory amendment, modification or re-enactment thereof for the time being in force;

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Superannuation Fund means the Local Government Superannuation Scheme.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.