Examples of Assumed Deposits in a sentence
The Deposit premium bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits.
The Deposit bid will be applied to the total of all Assumed Deposits except for brokered, CDARS, and any market place or similar subscription services Deposits.
The Assuming Bank has submitted to the Receiver an asset discount bid of ($20,337,000) and a Deposit premium bid of the greater of $1,013,300 or .6% of the Assumed Deposits whichever is greater.
Non-DO Brokered Deposits pass to the Assuming Bank, but are excluded from Assumed Deposits when the deposit premium is calculated.
The Assuming Bank has submitted to the Receiver a positive bid of 0.32% of the Assumed Deposits for the Assets purchased and Liabilities Assumed hereunder (the "Bid Amount").