BANKING ACT Sample Clauses

The 'Banking Act' clause defines the application of relevant banking laws and regulations to the agreement or transaction at hand. Typically, this clause clarifies that all parties must comply with the provisions of the Banking Act, which may include requirements for licensing, reporting, and operational conduct for financial institutions. For example, it may specify that any financial services provided under the agreement are subject to oversight and restrictions imposed by the Banking Act. The core function of this clause is to ensure legal compliance and to allocate regulatory risk by making clear that the parties are bound by statutory banking obligations.
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BANKING ACT. The Cardholder hereby authorises Maybank and/or its officers to make use of, disclose, divulge or reveal any information relating to his/her account for purposes of or in connection with any action or proceeding taken for the purpose of recovery of monies due and payable by the Cardholder to Maybank under this Agreement.
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BANKING ACT. No member of the Group is a bank, a holding company of a bank, a building society or a credit union, or a group undertaking of any such entities as such terms are defined in Part 1 of the Banking ▇▇▇ ▇▇▇▇.
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BANKING ACT. The Cardmember hereby authorises the Bank and/or its officers to make use of, disclose, divulge or reveal any information relating to his/her account for purposes of or in connection with any action or proceeding taken for the purpose of recovery of monies due and payable by the Cardmember to the Bank under this Agreement.
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BANKING ACT. This Clause is not and shall not be deemed to constitute, an express or implied agreement by any Finance Party with any Obligor for a higher degree of confidentiality than that prescribed in Section 47 of, and the Third Schedule to, the Banking ▇▇▇ ▇▇▇▇ of Singapore.
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BANKING ACT. The Borrower shall comply in all respects with the AFS.
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BANKING ACT. Without prejudice to the generality of your obligations under Clause 9, you shall observe the provisions relating to banking secrecy under the Banking Act (Cap 19) in respect of all API Data and any other information or records provided by the Bank to you in connection with these Terms of Use, as if you were bound by them.
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BANKING ACT. The Issuer is not a holding company of a bank, a building society or a credit union, or a group undertaking of any such entities as such terms are defined in Part 1 of the Banking Act 2009. PART 1 CORPORATE COVENANTS OF THE ISSUER
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BANKING ACT. The Seller is not a holding company of a bank, a building society or a credit union, or a group undertaking of any such entities as such terms are defined in Part 1 of the Banking Act 2009.
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Related to BANKING ACT

  • Georgia Fair Lending Act No Mortgage Loan is secured by a property in the state of Georgia and originated between October 1, 2002 and March 7, 2003.

  • CLEAN AIR ACT AND THE FEDERAL WATER POLLUTION CONTROL ACT (a) If the Sub-Recipient, with the funds authorized by this Agreement, enters into a contract that exceeds $150,000, then any such contract must include the following provision: Contractor agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act (42 U.S.C. 7401-7671q) and the Federal Water Pollution Control Act as amended (33 U.S.C. 1251-1387), and will report violations to FEMA and the Regional Office of the Environmental Protection Agency (EPA).

  • Iran Contracting Act If the Contract Amount is $1,000,000 or more and Contractor did not provide to JBE an Iran Contracting Act certification as part of the solicitation process, this section is applicable. Contractor certifies either (i) it is not on the current list of persons engaged in investment activities in Iran (“Iran List”) created by the California Department of General Services pursuant to PCC 2203(b), and is not a financial institution extending $20,000,000 or more in credit to another person, for forty-five (45) days or more, if that other person will use the credit to provide goods or services in the energy sector in Iran and is identified on the Iran List, or (ii) it has received written permission from the JBE to enter into this Agreement pursuant to PCC 2203(c).

  • Official Secrets Act and Finance Act The Supplier shall comply with the provisions of: the Official Secrets Acts 1911 to 1989; and section 182 of the Finance Act 1989.

  • ▇▇▇▇▇ Act Subrecipient agrees that no funds provided, nor personnel employed under this Contract, shall be in any way or to any extent engaged in the conduct of political activities in violation of the Hatch Act, 5 U.S.C. Section 1501 et seq. and Chapter 15 of Title V of the U.S.C.