Examples of RBI Guidelines in a sentence
The Escrow Bank hereby agrees to act as such and to accept all payments and other amounts to be delivered to or held by the Escrow Bank pursuant to the terms of this Escrow Agreement and to operate the Escrow Account in terms of this Agreement and as per the RBI Guidelines and PA&PG Circular.
The Escrow Bank shall not, in any manner whatsoever, be held liable or responsible by any Person (including the Company) and shall have no liability (of any form or nature whatsoever) on account of taking any action or refraining to take action pursuant to any instructions/direction from the Government Authority/RBI and/or which in its opinion, would or might contravene the applicable provisions of the RBI Guidelines and PA&PG Circular and/or Applicable Laws.
The Applicant should be legally competent to enter into a contract in India as per Indian Contract Act, 1872and RBI Guidelines.
A Remittance Request under the Service may be rejected by ICICI Bank, in its sole and absolute discretion in various situations, including but not limited to, a Beneficiary account not being allowed to receive cross border remittance under prevailing guidelines/ rules promulgated (from time to time) by the Reserve Bank of India (“RBI”) in India (“RBI Guidelines”) such as a no frills savings account (as defined under the extant RBI Guidelines).
The following Credit Events shall apply to this Transaction: [Obligations - The RBI Guidelines are not clear on whether “Obligations” will be subject to a number of restrictions that apply to Refs Obs and Deliverable Obs.
The capitalized terms & expressions used under this Agreement and not defined herein shall have the meaning as respectively ascribed to them under the PA&PG Circular and RBI Guidelines.
The “Indian CDS-Summary of Proposed Plan” by Xxxxxx took the approach that the RBI Guidelines did not impose any specific limitations on “Obligations” (other than that they must be direct obligations and not a guarantee).
The RBI Guidelines generically describe a number of ongoing obligations that will be binding on parties to CDS transactions (including those listed below).
The capitalized terms & expressions used under this Agreement and not defined herein shall have the meaning as respectively ascribed to them under the PA&PG Circular and RBI Guidelines.
Based on RBI Guidelines, he answer the swap of the programme of Good Governance, i the opening in return requested to disciplinary action award the format.