Local paying bank definition

Local paying bank means a paying bank that is located in the same check- processing region as the physical loca- tion of the branch, contractual branch, or proprietary ATM of the depositary bank in which that check was depos- ited.
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Local paying bank means apaying bank that is located in the same check processing region as the physical location of the branch, contractual branch, or proprietary ATM of the depositary bank in which that check was deposited.¿ flElectronic collection item means an electronic image of and information related to a check that a bank sends for forward collection and that—
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Local paying bank means a paying bank that is located in the same check processing region as the physical location of—
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Examples of Local paying bank in a sentence

  • Please note that an A/E ratio less than 1.00 indicates actual mortality improvement was less than predicted by the applicable scale, and an A/E ratio greater than 1.00 indicates actual mortality improvement outpaced the rates of the applicable scale.

  • Local paying bank is defined as a paying bank located in the same check processing region as the branch or proprietary ATM of the depositary bank.

  • Local paying bank means a paying bank that is located in the same check-processing region as the physical location of the branch, contractual branch, or proprietary ATM of the depositary bank in which that check was deposited.

Related to Local paying bank

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Exiting Lender see Section 2.17.7.

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Class B Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • L/C Lender a Lender with an L/C Commitment.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Treaty Lender means a Lender which:

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Local Facility Provider means HSBC Trinkaus & Xxxxxxxxx XX, Deutsche Bank AG, Commerzbank Aktiengesellschaft and Hong Kong and Shanghai Banking Corporation Ltd., Thailand, Bank of America, N.A., Canada Branch, FIA Card Services, N.A., Citibank N.A., Citibank (China) Co., Ltd., Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex, Bank of America, N.A., provided in each case it has become a party to, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, the First Lien Intercreditor Agreement in its capacity as local facility provider.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.