Total Deposits Sample Clauses

The 'Total Deposits' clause defines the total amount of money that must be paid as a deposit under the agreement. It typically specifies the sum required, the timing of payments, and may outline how the deposit is to be held or applied, such as being credited toward the purchase price or held in escrow until certain conditions are met. This clause ensures both parties are clear on the financial commitments at the outset, reducing the risk of disputes over payment obligations and providing security for the party receiving the deposit.
Total Deposits. As of the date of the Closing Financial Statement, the total Core Deposits of the Company Bank shall not be less than 80% of the balance of such Core Deposits on September 30, 2013. The term “Core Deposits” shall mean all deposit liabilities of the Company Bank as defined in 12 U.S.C. 1831(l)(i) as of such date, excluding deposits set forth on Section 7.02(g) of the Company Disclosure Schedule, any brokered deposits for purposes of ▇▇▇▇▇▇▇ ▇▇ ▇.▇.▇. ▇▇▇▇(▇)(▇) and any certificates of deposit in excess of $250,000. The Company Bank shall have no brokered deposits at Closing.
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Total Deposits. As of the date of the Closing Financial Statement, the balance of Tri-Valley’s interest-bearing deposits shall be at least $102,884,000 and the balance of Tri-Valley’s noninterest-bearing deposits shall be at least $23,746,000.
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Total Deposits. As of the date of the Closing Financial Statement, the total Core Deposits of MLB shall not be less than ninety percent (90%) of the balance of such Core Deposits on March 31, 2015. The term “Core Deposits” means all deposit liabilities of MLB as of such date, excluding any brokered deposits for purposes of Section 12 U.S.C. § 1831f(g) and any certificates of deposit in excess of $250,000.
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Total Deposits. As of the date of the Closing Financial Statement, the total Core Deposits of Focus shall not be less than eighty-five percent (85%) of the balance of such Core Deposits on December 31, 2014. The term “Core Deposits” means all deposit liabilities of Focus as of such date, excluding any brokered deposits for purposes of ▇▇▇▇▇▇▇ ▇▇ ▇.▇.▇. ▇▇▇▇▇(▇) and any certificates of deposit in excess of $25,000,000.
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Related to Total Deposits

  • Initial Deposits On the Closing Date and on each Addition Date thereafter, the Servicer will deposit (in immediately available funds) into the Collection Account all Collections received after the applicable Cut-Off Date and through and including the Closing Date or Addition Date, as the case may be, in respect of Eligible Assets being transferred to and included as part of the Collateral on such date.

  • Net Deposits As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Date, the Servicer will be permitted to make the deposit of collections net of distributions, if any, to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

  • Additional Deposits (a) The Servicer and the Seller, as applicable, shall deposit or cause to be deposited in the Collection Account on the Determination Date on which such obligations are due the aggregate Purchase Amount with respect to Purchased Receivables and the aggregate Sale Amounts with respect to Sold Receivables. (b) The proceeds of any purchase or sale of the assets of the Trust described in Section 10.1 shall be deposited in the Collection Account.

  • Cash Deposits Within the limitations of this Subsection, Purchaser shall make cash deposits to meet Purchaser’s obligations within 15 days of billing by Forest Service. Deposits shall be made to Forest Service, U.S.D.A., by mail or delivery to the address to be fur- nished by Forest Service. Forest Service shall explain the bill at the time it requests each deposit.

  • Additional Deposit For reasons of administration, the right is reserved to require payment of an Additional Deposit, as shown on the Fees List for the relevant year, as an additional deposit in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also Clause 8.7