داستان آبیدیک

banking business


فارسی

1 حسابداری و مالی:: کسب‌و‌کار بانکداری

Continuation of Banking Business. For the period commencing the first banking Business Day after Bank closing, the Bridge Bank will take over the operations of [name of failed] Bank subject to the limitations in this Agreement. 3.1 Continuation of Banking Business. The Agent Bank agrees to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to all Safe Deposit Boxes, if any, of the Failed Bank and to maintain all the necessary facilities for the use of such boxes by the renters thereof, subject to the provisions of the rental agreements between the Failed Bank and the respective renters of such boxes; provided, that the Agent Subject to Section 2.5, the Agent Bank agrees to pay all properly drawn checks, drafts, and withdrawal orders of depositors of the Failed Bank presented for payment, whether drawn on the check or draft forms provided by the Failed Bank or by the Agent Bank, to the extent that the Transferred Deposit balances to the credit of the respective makers or drawers transferred to the Agent Bank under this Agreement are sufficient to permit the payment thereof, and in all other respects to discharge, in the usual course of conducting a banking business, the duties and obligations of the Failed Bank with respect to the Transferred Deposit balances due and owing to the depositors of the Failed Bank transferred to the Agent Bank under this Agreement.

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