Advance Deposit definition

Advance Deposit means the portion of the projected expenditures set forth in the Annual Budget adopted by a Majority vote of the Voting Directors that shall be paid by each Establishing Member and Associate Member. The amount of the Advance Deposit, if any, shall be set by a Majority vote of the Voting Directors at the time they adopt the Annual Budget.
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Advance Deposit means a deposit made by a Subscriber for the Plan which is placed in the Advanced Deposit Account under the following circumstances: i) when a Subscriber makes contributions to an ESP that is pending registration; ii) when a Subscriber makes contributions that exceed the CRA lifetime RESP contribution limits; and iii) when a Subscriber directs contributions to be held in the Advance Deposit Account and released as Deposits to the Trust at prescribed intervals.
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Advance Deposit means the amount set forth in Section 2.06.
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Examples of Advance Deposit in a sentence

  • The Cash Advance Deposit will accrue interest at the rate and in accordance with the manner of determination of interest then applicable for amounts deposited to the Collections Account during the Cash Advance Deposit Period.

  • If the Termination Date occurs during a Cash Advance Deposit Period the Manager will direct the Trustee to repay (and within 2 Business Days of receipt of such direction the Trustee will repay) from the Collections Account of the Series Trust the then Cash Advance Deposit (which has not previously been utilised in accordance with this Agreement) together with all accrued, but unpaid, interest on that amount determined in accordance with clause 7.7 and any other amounts then due under this Agreement.

  • If, at any time during a Cash Advance Deposit Period, the Liquidity Facility Provider obtains the Designated Credit Rating, the Manager will direct the Trustee to repay (and upon the receipt of such direction the Trustee will repay) from the Collections Account of the Series Trust the then Cash Advance Deposit (which has not previously been utilised in accordance with this Agreement) together with all accrued, but unpaid, interest on that amount determined in accordance with clause 7.7.

  • If indicated in the Merchant Application, a T&E Merchant may participate in any of the following Visa T&E Services: (a) Visa Reservation Service; (b) T&E Advance Deposit Service; and (c) Priority Check-out Service.

  • If immediately prior to any Distribution Date during a Cash Advance Deposit Period the then un-utilised portion of the Cash Advance Deposit plus the amount of all outstanding Drawings exceeds the then Facility Limit, the Manager will direct the Trustee to repay (and upon receipt of such direction the Trustee will repay) from the Cash Advance Deposit on the Distribution Date to the Liquidity Facility Provider the amount of the excess.

  • If the Master Servicer makes an Advance, it shall on or prior to such Advance Deposit Date deposit in the Distribution Account an amount equal to the Advance, if any.

  • A Central Reservation Service Merchant may participate in the T&E Advance Deposit Service to provide lodging accommodations.

  • Any good faith deposit made at the time Tenant executed and delivered to Landlord any letter of intent or proposal to lease shall be applied toward the amount of the Advance Deposit.

  • If a repayment of all or part of a Drawing in accordance with the foregoing falls on a Distribution Date within the Cash Advance Deposit Period, such repayment will be made by way of allocation to the Cash Advance Deposit in accordance with clause 7.3(c).

  • See Rule XIX, Appendix A, Rule 3: Advance Deposit Requirement for Readmission PetitionsThe conditions set forth in Supreme Court Rule XIX, Section 24(B) require that all petitions for reinstatement or readmission must be accompanied by an Advance Cost of Hearing Deposit to cover the anticipated costs of the proceedings unless abated under Section 25.


More Definitions of Advance Deposit

Advance Deposit means such deposits as are received under subsection 14 (1);
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Advance Deposit means 50% of the Fee;
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Advance Deposit. $30,550.00
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Advance Deposit means a deposit made by a Subscriber for the Global Educational Trust Plan which is placed in the Advanced Deposit Account under the following circumstances:
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Advance Deposit means an amount that has been lodged with the supplier by a customer as security against default in the payment of electricity bill for the first three months of supply;
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Advance Deposit means as provided for in the PURC ACT and Regulation "approved electricity tariff" means tariff approved and gazetted by PURC, "Commission" means the Energy Commission established under section 1 of the Act; "Customer" means a person that contracts to purchase electricity from a Supplier,
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Related to Advance Deposit

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Advance Date means the funding date of any Advance.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Initial Reserve Account Deposit means $3,250,000.

  • the Deposit means 10% of the Purchase Price;

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.