MCB Requirement definition

MCB Requirement means the minimum cash balances which a bank is required to maintain under the Banking Act (Cap. 19);
MCB Requirement means (a) in the case of a Bank, the minimum cash balances which a Bank is required to maintain under the Banking Act (Cap. 19); or (b) in the case of a Finance Company, the minimum cash balances which a Finance Company is required to maintain under the Finance Companies Act (Cap. 108);
MCB Requirement means the minimum cash balances which a Bank is required to maintain under the Banking Act (Cap. 19);

Examples of MCB Requirement in a sentence

  • Only balances in the Current Account in excess of the intra-day MCB Requirement if any, may be transferred out.

  • Only balances in the Current Account in excess of the intra-day MCB Requirement, if any, may be transferred out.

  • Only balances in the Current Account in excess of the MCB Requirement if any, may be transferred out.

  • Only balances in the cCurrent aAccount in excess of the intra-day MCB Requirement, if any, may be transferred out.

Related to MCB Requirement

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;