Transferee Bank definition

Transferee Bank has the meaning ascribed thereto in clause 15.3;

Transferee Bank means [full name] of [lending office].

Transferee Bank means Union Bank of India;

Examples of Transferee Bank in a sentence

• Neither the Transferor Bank nor the Transferee Bank shall be liable to any person in any respect for any losses, costs, expenses, taxes, duties, claims or demands incurred by any customer as a direct or indirect consequence of any such transfer.

• We (“ Transferor Bank”) may also, at our sole and absolute discretion, and on 30 days written notice to you, transfer your account (whether it is in credit or debit) to another bank within the Standard Bank Offshore Group or the Standard Bank Group, as applicable (“Transferee Bank”) and thereafter your account shall be held by you with the Transferee Bank.

• The mutation or substitution of the title to the immovable properties shall, upon the commencement of this Scheme, be made and duly recorded in the name of the Transferee Bank.

• The Transferee Bank, Transferor Bank 1 and Transferor Bank 2 shall each separately and independently appoint one accounting firm ( Independent Valuer) to undertake an independent valuation of the shares of the relevant banks to determine Share Exchange Ratio.

• Amalgamation of the Transferor Banks with the Transferee Bank is proposed to be completed in a time bound manner.

More Definitions of Transferee Bank

Transferee Bank and "TRANSFEROR BANK" shall have the meaning ascribed to those expressions in Clause 24.3;

Transferee Bank means Bank of Baroda;

Transferee Bank has the meaning given to that term in Clause 27.3.

Transferee Bank means Canara Bank;

Transferee Bank means DBS Bank India Limited, a banking company incorporated in India under Companies Act 2013, and having its Registered Office at New Delhi;

Transferee Bank means Indian Bank;

Transferee Bank means Punjab National Bank;