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A Cash Management Agreement is a crucial document used when a corporate entity requires comprehensive banking services for managing its cash flows, collections, payments, and liquidity positions. This agreement, governed by Pakistani law and regulatory framework, establishes the relationship between a bank and its corporate client for providing sophisticated cash management solutions. It encompasses various services such as account management, payment processing, collection services, liquidity management, and electronic banking facilities. The document ensures compliance with Pakistani banking regulations, including the Banking Companies Ordinance 1962, State Bank of Pakistan guidelines, and anti-money laundering requirements. It is particularly relevant for medium to large corporations seeking to optimize their treasury operations and maintain efficient cash flow management systems.

1. Parties: Identification of the bank and the client, including their legal status and registered addresses

2. Background: Context of the agreement and brief description of the cash management services being provided

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the cash management services to be provided by the bank

5. Account Operations: Rules and procedures for operating the accounts, including authorized signatories and transaction limits

6. Service Requirements: Technical and operational requirements for the services, including system specifications and security protocols

7. Fees and Charges: Details of all applicable fees, charges, and payment terms

8. Representations and Warranties: Standard representations and warranties from both parties

9. Client Obligations: Responsibilities and obligations of the client in relation to the services

10. Bank Obligations: Responsibilities and obligations of the bank in providing the services

11. Anti-Money Laundering Compliance: Provisions ensuring compliance with Pakistani AML regulations

12. Confidentiality: Provisions regarding the confidentiality of information and data protection

13. Term and Termination: Duration of the agreement and circumstances for termination

14. Force Majeure: Provisions for unforeseen circumstances affecting service delivery

15. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes