Designated Bank Account definition

Designated Bank Account means the relevant bank account designated by each Holder;
Designated Bank Account means the relevant bank account designated by the relevant Holder;
Designated Bank Account means the bank account identified in the invoice related to the Contract as the account designated by the Seller for receipt of payment.

Examples of Designated Bank Account in a sentence

  • All deposits made, or payments or other transactions requested shall be effected within 24 hours after the time at which the said deposit, payment or other transaction was made or requested, subject to any applicable periods for the clearing of instruments being deposited to a Designated Bank Account.


More Definitions of Designated Bank Account

Designated Bank Account means an HK$ account established and maintained with a bank licensed in Hong Kong solely for the purpose of the Project.
Designated Bank Account means such account of the Concessionaire in Account Bank identified for the purpose of receipt of all the dues from the Authority;
Designated Bank Account means an interest-bearing HK$ account established and maintained in the sole name of the Operator with a bank licensed under the Banking Ordinance, Cap. 155 solely and exclusively for the Grant.
Designated Bank Account means such bank account maintained by Client with the Licensed Financial Institution and designated by the Client to CIMB as the bank account for effecting the payment of sales proceeds via Electronic Payment;
Designated Bank Account means such bank account maintained by the Client with the Participating Bank and designated by the Client as the bank account for effecting the Electronic Payment for Shares Service;
Designated Bank Account means the bank account of such Participant/Issuer opened in the name of such Participant/Issuer, details of which were specified in connection with the opening of such Participant/Issuer’s account on the Platform and updated from time to time.
Designated Bank Account means the bank account maintained by Client with the Licensed Financial Institution and designated by the Client to CGS-CIMB as the bank account by which the payment of sales proceeds and any other sums payable to the Client via Electronic Payment will be effected;