Existing bank definition

Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.
Existing bank means a bank engaged in the business of banking before the consolidation provided in this section.
Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.

Examples of Existing bank in a sentence

  • A “CANCELLED” original cheque leaf of the New bank account as well as the Existing bank account (if any) currently registered with SBIMF under their respective folios (where the first holder’s/investor’s name is printed on the face of the cheque).2.

  • Price risk on conversion option/early redemption embedded in convertible bondsThe Group was required to estimate the fair value of the conversion option embedded in the convertible bonds at 31st March, 2008 with changes in fair value to be recognised in the consolidated income statements as long as the convertible bonds were outstanding.

  • A “CANCELLED” original cheque leaf of the New bank account as well as the Existing bank account (if any) currently registered with SBIMF under their respective folios (where the first holder’s/investor’s name is printed on the face of the cheque).

  • Existing bank accounts will be transferred to the Diocese retaining the local administrator as principle signatory.

  • Any changes indicated below will apply to all insurance and annuity contracts and any Financial Planning Service Agreement.Existing/Old bank account is now closed Existing bank account is still open Financial Planning Services FeeRefer to your Financial Planning Services Agreement with Thrivent Investment Management Inc.


More Definitions of Existing bank

Existing bank means a Bank (as defined in the Existing Credit Agreement).
Existing bank has the meaning specified in Section 2.19(c).
Existing bank is defined in Section 2.24(c).
Existing bank means a banking company specified in column 1 of the First Schedule, being a company the deposits of which, as shown in the return as on the last Friday of June, 1969, furnished to the Reserve Bank under section 27 of the Banking Regulation Act, 1949 (10 of 1949), were not less than rupees fifty crores;
Existing bank means each Person which was a Bank under, and as defined in, the Second Amended and Restated Credit Agreement.
Existing bank has the meaning ascribed to such term in Section 2.14(e) hereof.
Existing bank as defined in the recitals hereto.