Schedule Bank definition
Examples of Schedule Bank in a sentence
Under the terms of this Schedule, Bank offers Customer the ability to remotely deposit checks to an Account, including through IBS, (or other online System as offered from time to time) the use of Scanner Equipment, (defined below) or through a Mobile App (collectively, the “Remote Deposit Services” or “Services”) or through the use and delivery of an X9.37 file.
The Supplier shall submit 5% of Tendered Cost before the award of work in the form of a Bank Guarantee from Nationalized / Commercial / Scheduled Bank registered in Nepal or from any Schedule Bank registered in India valid for a period of sixty days beyond the date of the completion of all the contractual obligations of the Supplier under the contract and discharged after completion of work.
Except as otherwise specifically provided in this Product Schedule, Bank will not reconcile the checks, cash, or other items in the envelopes to the invoice, statements or other documents contained in the envelope.
Except as set forth in the LSB Disclosure Schedule, Bank owns no voting stock or equity securities of any corporation, partnership, association or other entity.
Subject to Force Majeure Events and Bank-approved Change Orders affecting the Construction Schedule, Bank shall have no further obligation to make advances or disbursements of the Construction Loan on or after the Completion Date.
During the term of this Schedule, Bank may provide Updates (including updated Documentation) to the Plug-In Software and will use commercially reasonable efforts to notify Retailers in advance of any material Updates.
Notwithstanding the foregoing and as provided elsewhere in this Product Schedule, Bank may deposit items to Customer’s Account without indorsing items in Customer’s name.
The bidder will submit Bank Guarantee on non-judicial stamp paper of Rs.100/- by any Schedule Bank in India, as per format enclosed (ANNEXURE-V) for an amount of 10% of the Contract value within 15 days from the date of placement of LoA to the Chief Engineer, IT&C Cell.
The Bank Guarantee shall be issued by and Schedule Bank in favour of National Seeds Corporation.
Prior to the transfer of the Services to Bank or the Bank Designee upon expiration or termination of this Schedule, Bank shall inform the applicable Networks in writing (with a copy to Servicer) of the transfer of its Interbank Card Association (“ICA”) number to the new processor following the Effective Date of Termination, as well as the new ACH account number for billing purposes.