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.
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
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Banking Services means provision of commercial credit cards, stored value cards, and distinct treasury management services
Download our whitepaper on the future of AI in Legal
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
