Inter-branch Transfer Sample Clauses

The Inter-branch Transfer clause governs the movement of assets, funds, or personnel between different branches or divisions within the same organization. It typically outlines the procedures, approvals, and documentation required for such transfers, ensuring that both the sending and receiving branches are properly informed and that records are updated accordingly. This clause helps maintain organizational control and accountability, preventing confusion or disputes over resources and responsibilities during internal transfers.
Inter-branch Transfer. The Borrower hereby agrees that the Bank shall be at liberty to transfer the account of the Borrower from one branch to another branch of the Bank as per the administrative convenience of the Bank with notice to the Borrower about the intended transfer of the said account. The Borrower shall continue to enjoy the credit facility on the same terms and conditions at the transferee branch on the same terms and conditions contained in the Loan Document.
Inter-branch Transfer. Schedule 3.24 is a true and accurate list of each of the Transferred Assets, Deposit Liabilities, and Safe Deposit Box Business subject to the Inter-Branch Transfer, which schedule shall be updated no later than the third business day prior to the anticipated Closing Date and which schedule shall be further updated on the Adjustment Payment Date as of the Effective Time, and, in each case as updated, shall be true and accurate as of such date.
Inter-branch Transfer. Seller shall take all actions necessary to consummate the Inter-Branch Transfer prior to the Closing Date.
Inter-branch Transfer. The Borrower hereby agrees that the Bank shall be at liberty to transfer the account of the Borrower from one branch to another branch of the Bank as per the administrative convenience of the Bank, with notice to the Borrower about the intended transfer of the said account. The Borrower hereby agrees and confirms that such transfer of the aforesaid account shall not be considered as closed and all the documents, guarantee(s), mortgages, securities and the charge of the Bank on the properties and assets created for the benefit of the Bank will continue unaffected until all the amounts remaining unpaid under the Facility/ies under the Borrower’s account so transferred to the other branch are repaid in full. The Borrower shall continue to enjoy the credit facility on the same terms and conditions at the transferee branch.

Related to Inter-branch Transfer

  • Data Transfer 11.1 The Processor may not transfer or authorize the transfer of Data to countries outside the EU and/or the European Economic Area (EEA) without the prior written consent of the Company. If personal data processed under this Agreement is transferred from a country within the European Economic Area to a country outside the European Economic Area, the Parties shall ensure that the personal data are adequately protected. To achieve this, the Parties shall, unless agreed otherwise, rely on EU approved standard contractual clauses for the transfer of personal data.

  • Stop Transfer The Securities are restricted securities as of the date of this Agreement. Neither the Company nor any of its Subsidiaries will issue any stop transfer order or other order impeding the sale and delivery of any of the Securities at such time as the Securities are registered for public sale or an exemption from registration is available, except as required by state and federal securities laws.

  • Software Transfer You may permanently transfer all of your rights under this ▇▇▇▇, provided you retain no copies, you transfer all of the SOFTWARE PRODUCT (including all component parts, the media and printed materials, any upgrades, this ▇▇▇▇, and, if applicable, the Certificate of Authenticity), and the recipient agrees to the terms of this ▇▇▇▇. If the SOFTWARE PRODUCT is an upgrade, any transfer must include all prior versions of the SOFTWARE PRODUCT.

  • Title Transfer For the above consideration, Seller (s) agrees to give a good and merchantable title by ▇▇▇▇, free and clear of all encumbrances except: NONE. Title to be conveyed subject to all prior restrictions, easements, conditions, encumbrances, condemnation, right of ways, joint permanent easements, covenants or restrictions of record, zoning ordinances or laws of any government authority, status of mineral rights, status of oil and gas rights, or any type leases or assignments, taxes of any type, properties in FEMA flood zone, and other matters recorded or unrecorded, known or unknown. Mobile Homes Are Sold WITHOUT TITLE. Buyer shall pay, but not limited to: HOA requirements, Buyers Occurred expense, ALL Transfer Fees and or Membership Fees, if applicable.

  • Wire Transfer All settlements in accordance with this Agreement shall be made by wire transfer of immediately available funds on the due date, or if such day is not a Business Day, on the next day which is a Business Day, pursuant to the following wire transfer instructions: [ ]. Payment may be made by check payable in immediately available funds in the event the party entitled to receive payment has failed to provide wire transfer instructions.