Transfer to Third Parties. Funds deposited in the Account shall not be pledged, assigned or transferred to third parties or institutions as a guarantee for loans or other obligations, except when authorized in writing by the Bank.
Appears in 3 contracts
Sources: Commercial Deposit Accounts Agreement, Commercial Deposit Accounts Agreement, Commercial Deposit Accounts Agreement
Transfer to Third Parties. Funds deposited in the Account shall not be pledged, pledged or assigned or transferred to third parties persons or institutions as a guarantee for loans or and other obligations, obligations except when authorized as accepted in writing by the Bank.
Appears in 1 contract
Sources: Deposit Accounts Agreement