Examples of Deposit Holder in a sentence
The Deposit Holder will hold the Deposit until a party becomes entitled to it.
If the deposit is closed prematurely and/or if the compulsory minimum monthly contribution clause is breached 3 (three) times, the Deposit Holder shall pay the fee specified in Paragraph 2.18 hereof.
If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount.
If there is a bona fide dispute over the Security Deposit, Holder may, (but shall not be required to), interplead the funds into a court of competent jurisdiction upon notice to all parties having an interest in the Security Deposit.
Deposit Account (or the Deposit Holder Account) - the Account used to record the funds passed by the Depositor to the Bank.