Bank depository definition
Examples of Bank depository in a sentence
The Contracting Party agrees to provide the details of the board of directors who approved the credit to the Bank depository.
Party A shall open a guarantee deposit account in Party B's fund circulation system (Bank depository system and Third-party payment system) and pay a certain amount of funds.
Borrower shall maintain with Bank depository and operating accounts having average balances of not less than $2,000,000 in the aggregate.
On or prior to the Closing Date, Borrowers shall have deposited at least $5,000,000 (which amount shall increase to $20,000,000 on or prior to the date which is 30 days after the Closing Date) in a Bank (or an affiliate of a Bank) depository account, which depository account shall be pledged to Agent as additional Collateral pursuant to a usual and customary Deposit Account Control Agreement.
Party A shall open a guarantee deposit account in Party B’s fund circulation system (Bank depository system and Third-party payment system) and pay a certain amount of funds.
Bank depository name and location will be stated on the Client Agency’s purchase order.
The escrow account has been opened with Chemical Bank (depository bank) at its branch located at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇.
Client agrees that it may be served with process by certified or registered mail, return receipt requested at Client’s notice address provided in this Agreement or by any address used for the mailing of Bank depository account statements, or in any other manner permitted by law.