How is Bank Branch defined in a legal contract?
- Bank Branch means a location, inside or outside a specific territory, authorized to accept deposits and provide loans directly. Seen in 6 SEC filings
- Bank Branch means a place of business separate from the main office of a bank where deposits are received, checks are paid, or money is lent. Seen in 4 SEC filings
- Bank Branch means the branch of a bank first mentioned in a formal document or as advised by the bank from time to time. Seen in 3 SEC filings
- Bank Branch means any financial institution identified as a “Bank Branch” on an attached list, which might be amended, restated or otherwise revised from time to time, along with their successors or assigns (subject to specific conditions). Seen in 1 SEC filing
- Bank Branch means a physical location staffed by employees where retail financial products and services are offered to the public, typically known as a “branch” or “banking centre”. Seen in 1 SEC filing
- Bank Branch means an office that qualifies as a bank branch according to specific legislation. Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 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
- Bank Branch means an authorized physical location, separate from a bank's main office, providing financial services to the public.
Relevant Contract Types
Relevant Circumstances
- Establishment of a new bank branch
- Refurbishment or renovation of an existing branch
- Lease or sale of space for a bank branch
- Agreement for provision of banking services
Relevant Sectors
Genie Definition 2
- Bank Branch means a specific financial institution location identified on a [list], offering retail financial products and services to the public subject to [conditions].
Relevant Contract Types
Relevant Circumstances
- Setting up of a new bank branch
- The acquisition or merging of bank branches
- Any instance wherein the financial services provided at a specific branch are outlined in a contract
Relevant Sectors
Bank Branch means an authorized physical location, separate from a bank's main office, providing financial services to the public.
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