Respondent Bank definition

Respondent Bank means the bank or financial institution outside Pakistan to whom correspondent banking services in Pakistan are provided and vice versa;
Respondent Bank means the bank or financial institution outside Singapore to whom correspondent banking services in Singapore are provided; and
Respondent Bank means any bank registered under the Platform to receive the Bank Confirmation requests from the Audit Firm through the Platform; and

Examples of Respondent Bank in a sentence

  • The same was never adhered to by the ‘Corporate Debtor’ and the Respondent Bank agreed to restructure the loan facility with a condition that the repayment would start from 2014 and would be completed by the year 2020.

  • Boath v Barclays plc(2016)Acted for the Respondent Bank in a high profile unfair dismissal, whistleblowing and bonus claim brought by a former senior executive.

  • Payment will be in the form of a check made payable to To show compliance with paragraph G14, Respondent Bank of America shall provide a copy of the check and the tracking information to the Department within thirty (30) days of the Effective Date of this Agreement.

  • Under TERMS AND CONDITIONS: Paragraph 3 reads: “Facility and Amount: Loan (Kwacha fifteen Million only)” The Respondent Bank’s letter to the Managing Director of Rubicon Minequip Limited is headed as follows:-Facility: Short-Term Loan – K30,000,000 and under Facility and amount, it reads:- “Short term Loan of K30,000,000 (Kwacha Thirty Million only)” The Court found that what the Respondent Bank gave to the Appellant were Loans and not Overdrafts.

  • The Platform only acts as a venue to facilitate the Bank Confirmation process between the Audit Firm and the Respondent Bank.

  • That rather than addressing the Applicant’s complaints, the Respondent summarily and capriciously terminated his appointment without due process and without affording him any opportunity to defend himself.In effect the Applicant’s grievance is that his employment with the Respondent Bank was terminated following a protest letter he wrote directed to the Board of Directors without giving him the right to present his case.

  • The gist of the written response to ground one, on behalf of the Respondent Bank; is that the Appellant had not offered any evidence to support the contention that the Respondent Bank unilaterally switched the Loan Facilities to Overdraft Facilities, thereby breaching the agreements between the parties.

  • At no point of time, there was a recall notice as the amount involved is a ‘Term Loan’ and is repayable in instalments and the ‘Corporate Debtor’ has paid the interest on the loans and to demand the entire balance amount at one go when it is a term loan, is unjustified.• Action was initiated by the Respondent Bank under SARFAESI Act, 2002 for sale of properties and recovery of money and such a recovery under the IBC Code is against the objectives of Code itself.

  • Although the claimant would want court to believe that it was a loan she acquired from the Respondent, there is nothing on the record to indicate that this deposit was made by the Respondent Bank as a loan to her.

  • It was further submitted that for the Respondent Bank to switch to overdrafts, it did not act professionally, that the trial court, carried away by compound interest, which was not in dispute, overlooked the fundamental term of the contract of loans and not overdrafts; and that a departure from this term meant that the Respondent Bank was in breach of the contract.


More Definitions of Respondent Bank

Respondent Bank means the bank or financial institution, outside Singapore to whom correspondent banking or other similar services in Singapore are provided;
Respondent Bank means a financial institution for which correspondent banking services are provided;
Respondent Bank means the bank or financial institution outside Brunei Darussalam to whom correspondent banking services in Brunei Darussalam are provided; and
Respondent Bank means the bank or financial institution outside Pakistan to whom correspondent banking services in Pakistan are provided and viceversa;

Related to Respondent Bank

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • Respondents means [insert name(s) of Respondents] [insert if applicable: those Parties identified in Appendix __].

  • Respondent means an individual who has been reported to be the perpetrator of conduct that could constitute sexual harassment.

  • Responsible Respondent means a Respondent that has the capability in all material respects to perform the scope of work and specifications of the Contract. In determining whether a Respondent is a Responsible Respondent, the Agency may consider various factors including, but not limited to, the Respondent’s competence and qualifications to provide the goods or services requested, the Respondent’s integrity and reliability, the past performance of the Respondent and the best interest of the Agency and the State.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Successful Respondent means an organization that receives a grant award as a result of this RFA. May also be referred to as "Grantee, ""Awarded Applicant," "Subrecipient" or "Grant Recipient."

  • Agency Representative A person assigned by a primary, assisting, or cooperating federal, state, local, or tribal government agency or private entity that has been delegated authority to make decisions affecting that agency’s or organization’s participation in incident management activities following appropriate consultation with the leadership of that agency. Area: The lands in a described geographic area that are managed and/or protected by the Parties within this Agreement.

  • Union Representative means a representative from the Union authorized by the Union to act on behalf of an Employee.

  • District Representative means the Superintendent of the District, or any other person authorized by the Governing Board of the District to act on behalf of the District under or with respect to this Facilities Lease.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Authorised Authority Representative means the Authority representative named in CCN as authorised to approve agreed Variations to the Contract.

  • City Representative means the City Manager or his or her designee as evidenced by a written certificate furnished to the Developer containing the specimen signature of such person or persons and signed by the City Manager.

  • Authority Representative means the representative appointed by the Authority from time to time in relation to this Framework Agreement;

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • County Representative means the individual obligated to perform the duties of county representative under section 9.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Correspondent means any insurer or other person appointed by one or more insurers with the approval of the Bureau of the country in which the person is established with a view to handling and settling claims arising from accidents involving vehicles for which the insurer or insurers in question have issued an insurance policy and occurring in that country;

  • Appellate Decision-maker means a person who considers and decides appeals of determinations regarding responsibility and dismissals of formal complaints. The Appellate Decision-maker cannot be the same person as the Title IX Coordinator, Investigator, or Decision-maker. The Appellate Decision-maker may be a school district employee, or a third party designated by the school district.

  • Association Representative A member of the Association, who has been designated as a representative by the Association or a staff person of the Association.

  • Authority’s Representative means the individual authorised to act on behalf of the Authority for the purposes of the Contract.

  • Lead Agent has the meaning given to it above;

  • Settling Bank means the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC's then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

  • Notified Party has the meaning specified in Section 13.2.

  • Company Representative means the person or persons appointed and approved in writing from time to time by the Company to act on its behalf for overall co- ordination.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • Authorized City Representative means the Mayor, the City Manager or such other Person at the time designated to act on behalf of the City as evidenced by written certificate furnished to the Developer and the Trustee containing the specimen signature of such Person and signed on behalf of the City by its Mayor or City Manager. Such certificate may designate an alternate or alternates, each of whom may perform all duties of the Authorized City Representative.