Transferring Bank definition

Transferring Bank. (Advising Bank’s Reference Number, if applicable)
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Transferring Bank. (Advising Bank’s Reference Number, if applicable) (Print Name and complete address of the Transferee) “Second Beneficiary” Advise through: Transfer Commission Charges [TRANSFEROR] Re: IrrevocableStandby Letterof Credit No._____ Name of Transferee Address NAME OF TRANSFEROR AUTHORIZED SIGNATURE
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Transferring Bank means the Westpac Savings Bank Limited;
Sample 1

Examples of Transferring Bank in a sentence

  • The Effective Date shall be the date hereafter on which Transferring Bank effects the requested transfer by acknowledging this request and giving notice thereof to Second Beneficiary.

  • The Effective Date shall be the date hereafter on which Transferring Bank effects the requested transfer by acknowledging this request and giving notice thereof to Transferee.

  • We hereby notify you that we wish to exercise our option to novate under Clause 10 thereof so that with effect from today’s date the rights, liabilities and obligations of [name of Transferring Bank] shall be novated to [name of Permitted Transferee] in the manner set out in Clause 10 thereof.

  • With effect from the date on which a Novation Notice is executed by the Transferring Bank and the Permitted Transferee and served on the Company (the “Novation Date”), the provisions of Clause 10.3 shall have effect (but not otherwise).

  • The Acquiring Bank shall inform the courts and other bodies before which the proceedings in which the Transferring Bank is a party are pending , that it has ceased to exist, and that in proceedings where so permitted by the law applicable to the particular proceedings and to the extent possible, the proceedings shall be continued by the Acquiring Bank.

  • XX Xxxxxx Xxxxx Bank only is authorized to act as the Transferring Bank.

  • With effect from the date on which a Novation Notice is executed by the Transferring Bank and the Permitted Transferee and served on the Company (the "Novation Date"), the provisions of Clause 10.3 shall have effect (but not otherwise).

  • Mr. Curtis expressed concern that the budget would be stressed with this type of increase, especially in light of other anticipated increases.

  • It provides that in such case, the relevant document should be read as if references to the Transferring Bank were references to Dao Heng Bank.

  • For the avoidance of doubt, the Parties state that the Acquiring Bank will take over only those employees who are employed by the Transferring Bank, i.e. who have valid employment contracts with the Transferring Bank on the Date of Registration of Merger by Acquisition regardless of the list in Schedule 5.

Related to Transferring Bank

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Transferring Member has the meaning set forth in Section 9.4.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Transferring applicant means a person transferring from another health insurer.

  • Subject Lender has the meaning assigned to that term in subsection 2.9.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Restricted Lender means a Lender that fails to approve an amendment, waiver or consent requested by the Loan Parties pursuant to Section 10.01 that has received the written approval of not less than the Required Lenders but also requires the approval of such Lender.

  • Disposing Member is defined in Section 4.1.

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Acquiring Bank means a bank or financial institution that processes the transaction payment which the Card is used for or on behalf of a Partner Merchant;

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Key Holders or Investors.

  • Holdout Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Replacement Lender shall have the meaning provided in Section 2.13.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Assigning Lender means as specified in Section 13.8(b).

  • Project Lender means a commercial bank, savings bank, savings and loan association, credit union or other financial institution that has loaned funds to the Developer to be used for construction of the Redevelopment Project and has secured such loan with a mortgage or security interest in the Redevelopment Project.

  • Transferring means moving into or out of a bed, chair or wheelchair.

  • Third-Party Lender means an entity that originated a loan to a consumer for the purchase of a motor vehicle and sold the loan to AmeriCredit or an Originating Affiliate pursuant to an Auto Loan Purchase and Sale Agreement.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.