Negotiable Instruments definition

Negotiable Instruments means the bills of exchange and/or the promissory notes, as they are identified in the Discounting Agreement executed for the enforcement of a Framework Discounting Agreement or a Multiproduct Credit Facility Agreement.
Negotiable Instruments means legal documents that represent money and that can be legally transferred in title from one person to another.
Negotiable Instruments means all "negotiable instruments" as such term is defined in the Code, now owned or hereafter acquired by the Borrower, wherever located.

Examples of Negotiable Instruments in a sentence

  • The borrower shall not be entitled to call upon the Bank to refrain from presenting any cheque for payment and if the borrower does so, the Bank shall nevertheless be entitled to present the cheque for payment and in the event of dishonour the provisions under Chapter XVII of the Negotiable Instruments Act, 1881 shall apply.

  • Further, in case of dishonour of cheque(s), the parties agree that the Delhi courts alone shall have the exclusive jurisdiction to try cases under section 138 of the Negotiable Instruments Act, 1881.

  • Intimation/Reminders/Notice(s) are given to customer prior to initiating steps for recovery of overdues, under the Negotiable Instruments Act, Civil Suit as well as under the SARFAESI Act.

  • Moreover, if the default persists the loan account may be declared as Non-Performing Asset, a notice recalling the entire outstanding amount shall be issued and suitable action for the recovery of outstanding dues may be initiated under section 138 of Negotiable Instruments Act, SARFAESI Act and or any other laws as WEHFL may decide on case to case basis.

  • There is no event or circumstance representing a default of the obligations under the agreements on the basis of which the Negotiable Instruments were issued.


More Definitions of Negotiable Instruments

Negotiable Instruments means all securities, instruments or contracts, including any note, stock, bond, debenture, evidence of indebtedness, share or other equity or debt security, representing either money or property, but does not include Money.
Negotiable Instruments means cash and all negotiable instruments including, without limitation, promissory notes, cheques, drafts and bills of exchange;
Negotiable Instruments means negotiable instruments payable to bearer, including (without limitation) negotiable bills of exchange, cheques, promissory notes, blank travellers cheques and financial instruments which are accompanied by an executed transfer enabling them to be paid or assigned to bearer;
Negotiable Instruments and California Uniform Commercial Code Division 4 – “Bank Deposits and Collections.”
Negotiable Instruments as each such term is defined in the UCC, as well as the Company's and the Subsidiary's books and records of any kind relating to any of the foregoing, and all products and proceeds of the foregoing.
Negotiable Instruments f C \l "2" }. Seller will remove any supply of Seller’s money orders, official checks, gift checks, travelers’ checks or any other negotiable instruments located at each of the Branches on the Closing Date. 4.8 ATM and Debit Cards{ TC "4.8 ATM/Debit Cards; POS Cards " \f C \l "2" }. Seller will use its reasonable best efforts to provide Purchaser with a list of ATM and debit cards issued by Seller to depositors of any Deposits, and a record thereof in a format reasonably agreed to by the parties containing all addresses therefor, no later than thirty (30) calendar days after the date of this Agreement, and Seller will provide Purchaser with an updated record from time to time prior to the Closing along with other conversion sample files. At or promptly after the Closing, Seller will provide Purchaser with a revised record through the Closing. Seller will not be required to disclose to Purchaser customers’ PINs or algorithms or logic used to generate PINs. Following the receipt of all Regulatory Approvals (except for the expiration of statutory waiting periods), Purchaser shall reissue ATM access/debit cards to depositors of any Deposits not earlier than forty-five (45) calendar days nor later than twenty (20) calendar days prior to the Closing Date, which cards shall be effective as of the day following the Closing Date. Purchaser and Seller agree to settle any and all ATM transactions and Debit card transactions effected on or before the Closing Date, but processed after the Closing Date, as soon as practicable. In addition, Purchaser assumes responsibility for and agrees to pay on presentation all Debit card transactions initiated before or after the Closing with Debit cards issued by Seller to access Transaction Accounts. 4.9 Data Processing Conversion for the Branches and Handling of Certain Items{ TC "4.9 Data Processing Conversion for the Branches and Handling of Certain Items " \f C \l "2" }. (a) The conversion of the data processing with respect to the Branches and the Assets and Assumed Liabilities will be completed on the calendar day following the Closing Date unless otherwise agreed to by the parties. Seller and Purchaser agree to cooperate to facilitate the orderly transfer of data processing information in connection with the P&A Transaction. (b) As soon as practicable and in no event more than three (3) Business Days after the Closing Date, Purchaser shall mail to each depositor in respect of a Transaction Account (i) a letter approved by Se...
Negotiable Instruments means a Promissory Note and Bill of Exchange and cheques.