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1. Parties: Identifies and defines all parties to the agreement: the Depositor, the Deposit Bank, and the Control Bank/Beneficiary
2. Background: Explains the context and purpose of the agreement, including reference to any related agreements
3. Definitions: Defines key terms used throughout the agreement
4. Establishment of Deposit Account: Details of the deposit account setup, account number, and initial deposit requirements
5. Control Rights: Specifies the control rights over the deposit account, including operational control and signing authorities
6. Operating Procedures: Detailed procedures for account operations, transfers, and instructions
7. Representations and Warranties: Standard representations and warranties from all parties
8. Rights and Obligations: Specific rights and obligations of each party under the agreement
9. Events of Default: Defines events that constitute default and their consequences
10. Term and Termination: Duration of the agreement and termination provisions
11. Notices: Process and requirements for serving notices under the agreement
12. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction for disputes
13. Miscellaneous: Standard boilerplate provisions including amendments, assignments, and severability
1. Electronic Instructions: Additional provisions for electronic communications and instructions, used when parties agree to electronic operation of the account
2. Multiple Accounts: Additional provisions for when multiple deposit accounts are covered under the agreement
3. Foreign Currency Provisions: Specific provisions for handling foreign currency deposits, used when foreign currency accounts are involved
4. Interest and Fees: Detailed provisions about interest calculations and bank fees, used when specific interest arrangements are needed
5. Security Interest: Additional provisions creating security interest over the deposit, used when required by the control bank
6. Force Majeure: Provisions dealing with unforeseen circumstances, used in jurisdictions where this is commonly included
7. Regulatory Compliance: Additional compliance requirements, used when specific regulatory obligations need to be addressed
1. Schedule 1 - Account Details: Specific details of the deposit account(s) including account numbers and branch details
2. Schedule 2 - Authorized Signatories: List of authorized signatories and their specimen signatures
3. Schedule 3 - Operating Procedures: Detailed operational procedures and requirements for account operation
4. Schedule 4 - Fee Schedule: Details of all applicable fees and charges
5. Appendix A - Notice Forms: Standard forms for various notices under the agreement
6. Appendix B - Instruction Forms: Standard forms for giving instructions regarding the deposit account
7. Appendix C - KYC Documents: List of required Know Your Customer documents for each party
Account Control Notice
Account Documents
Authorized Representative
Banking Day
Blocked Account
Business Day
Control Notice
Control Period
Deposit Account
Deposit Bank
Disposition Rights
Effective Date
Encumbrance
Event of Default
Financial Indebtedness
Instruction
Interest Period
Law
Notice Details
Operating Instructions
Parties
Permitted Investments
Regulatory Authority
Required Balance
Security
Security Documents
Security Interest
Security Period
Secured Obligations
Secured Parties
Specimen Signature
Standing Instructions
Transaction Documents
Transfer Date
Withdrawal Rights
Account Operation
Security Interest
Instructions and Notices
Representations and Warranties
Covenants
Events of Default
Remedies
Payment Provisions
Bank Rights and Obligations
Depositor Rights and Obligations
Control Rights
Set-off Rights
Indemnification
Fees and Expenses
Amendments
Assignment
Termination
Force Majeure
Governing Law
Jurisdiction
Dispute Resolution
Confidentiality
Notices
Severability
Entire Agreement
Counterparts
Third Party Rights
Further Assurance
Waiver
Time of Essence
Banking
Financial Services
Corporate Finance
Infrastructure
Real Estate
Manufacturing
Energy
Telecommunications
Healthcare
Information Technology
Legal
Finance
Treasury
Compliance
Banking Operations
Credit Risk
Corporate Finance
Transaction Management
Security and Collateral Management
Legal Counsel
Finance Manager
Treasury Manager
Chief Financial Officer
Banking Relationship Manager
Security Trustee
Compliance Officer
Account Manager
Credit Risk Manager
Transaction Manager
Corporate Finance Director
Senior Legal Advisor
Banking Operations Manager
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