WEX Bank definition

WEX Bank means WEX Bank, a Utah industrial bank.

WEX Bank means Xxxxxx Express Financial Services Corporation.

WEX Bank means WEX Bank, a Utah industrial bank. “WEX International Holdings” means Xxxxxx Express International Holdings Limited, a private company limited by shares incorporated under the Laws of England and Wales with registered number 08008714. “Wholly-Owned” means, with respect to any Subsidiary of any Person, the ownership all of the outstanding Equity Interests of such Subsidiary (other than directors’ qualifying shares) by such Person or one or more Wholly-Owned Subsidiaries of such Person. “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers. Other Interpretive Provisions. With reference to this Agreement and each other1.02 Loan Document, unless otherwise specified herein or in such other Loan Document:

Examples of WEX Bank in a sentence

• WEX Bank is a wholly owned subsidiary of WEX Inc., a Delaware corporation formerly known as Xxxxxx Express Corporation.

• Each of (a) the Company and its Subsidiaries, on a consolidated basis, and (b) WEX Bank, on a stand-alone basis, is Solvent.

• Each of (a) the Company and its Subsidiaries, on a consolidated basis, and (b) WEX Bank and each other Material Bank Regulated Subsidiary, on a stand-alone basis, is Solvent.

• This proposal is presented by WEX Bank, a Utah industrial bank formerly known as Xxxxxx Express Financial Services Corporation.

• WEX Bank is a Utah industrial bank that is regulated by the FDIC.

• GADD elects to use a Fleet Universal credit card, via WEX Bank, for gasoline purchases for its agency-owned vehicles and for the Senior Center’s vans.

• Compliance with Federal Law: WEX Bank complies with federal law which requires all financial institutions to obtain, verify, and record information that identifies each company or person who opens an account.

• Any inventory discrepancy must be reported to WEX Bank as soon as detected.

• Compliance with Federal Law: WEX Bank complies with federal law which requires all financial institutions to obtain, verify, and record information that Identifies each company or person who opens an account.

• Deposits made to all BankMobile checking accounts are FDIC insured in conjunction with Customers Bank, Member FDIC, Equal Housing Lender and WEX Bank, Member FDIC.

More Definitions of WEX Bank

WEX Bank means Wright Express Financial Services Corporation, a Utah industrial bank.