How is Banking Services defined in a legal contract?
- Banking Services means a collection of various bank services provided to a borrower. These services include commercial credit cards, stored value cards, and treasury management services such as controlled disbursement, automated clearinghouse transactions, return items, overdrafts, and interstate depository network services. Seen in 1000 SEC filings.
- Banking Services means services including but not limited to commercial credit cards, stored value cards, treasury management services, netting services, and overdraft protections. Services also cover check drawing services, automated payment services including depository and overdrafts, and return items and interstate depository network services, employee credit card programs, cash pooling services and more. Seen in 97 SEC filings.
- Banking Services means a set of services provided under any arrangement, either existing or entered at a later date. It includes commercial credit cards, stored value cards, treasury management services, netting services, overdraft protections, check drawing services, automated payment services, employee credit card programs, cash pooling services, and similar services. Seen in 62 SEC filings.
- Banking Services means services including commercial credit cards, stored value cards, treasury management services, and any treasury management arrangement like controlled disbursement, purchased card arrangements, automated clearinghouse transactions, return items, overdrafts, and interstate depository network services provided by a specified bank service provider. Seen in 46 SEC filings.
- Banking Services means the services provided to any borrower by a bank, including commercial credit cards, stored value cards, treasury management services like controlled disbursements, automated clearinghouse transactions, return items, overdrafts, and interstate depository network services. Seen in 41 SEC filings.
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Banking Services means provision of commercial credit cards, stored value cards, and distinct treasury management services.
Relevant Contract Types
Relevant Circumstances
- Setting up a new business banking relationship
- Setting up a corporate credit card plan
- Establishing treasury management services
Relevant Sectors
Genie Definition 2
Banking Services means offering services such as netting, overdraft protections, check drawing and automated payments.
Relevant Contract Types
Relevant Circumstances
- Setting up netting services
- Establishing overdraft protections and check drawing services
- Arranging automated payments
Relevant Sectors
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Banking Services means provision of commercial credit cards, stored value cards, and distinct treasury management services
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