Branch Deposit definition

Branch Deposit means a Deposit as set forth on Schedule 2.3(a) attached hereto, including Accrued Interest Payable thereon, which has been maintained on the general ledger of the Branch Office, other than Excluded Deposits. Schedule 2.3(a) may be supplemented by Seller at any time prior to the Effective Time; provided however, Schedule 2.3(a) may not be supplemented to include a Brokered Deposit without Purchaser's written consent which may be withheld for any or no reason.
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Branch Deposit means a Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Office, other than Excluded Deposits. "Branch Loan" means (i) any loan fully secured by any Branch Deposit, and (ii) any checking line of credit or overdraft checking balance linked to any Branch Deposit (but not any loan that is not covered by clauses (i) or (ii) of this definition), in all cases, together with any Accrued Interest Receivable thereon, the related Servicing Rights and all such loan documentation as may be possessed by Seller with respect to such Branch Loans. "Branch Premises" means the Real Property, and the improvements on the Real Property.
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Branch Deposit means a Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Offices, other than Excluded Deposits. "Branch Lease" means the lease of the real estate on which the Williston Branch is located. "Branch Loan" means (i) any loan fully secured by any Branch Deposit, and (ii) any checking line of credit or overdraft checking balance linked to any Branch Deposit, and (iii) any such other loans
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Examples of Branch Deposit in a sentence

  • With respect to Deposits or purchased Excluded Deposits which are self-directed ▇▇▇ deposits, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor’s account and the related Branch Deposit or Excluded Deposit to Purchaser and to adopt Purchaser’s forms of ▇▇▇ agreements as a successor to Seller.

  • If you make a deposit with an associate at a branch (a Branch Deposit), we will consider that day to be the day of your deposit.

  • With respect to Deposits which are self-directed ▇▇▇ deposits, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor's account and the related Branch Deposit to Purchaser and to adopt Purchaser's forms of ▇▇▇ agreements as a successor to Seller.

  • Beijing Branch Deposit Number: ▇▇▇▇▇▇▇▇ Account Number: *** Account Name: Hong Kong Secoo Investment Group Limited Amount and Currency: RMB30,950,000.00 Deposit term: from December 26, 2017 to December 26, 2018 Confirmation of certificate of term deposit: The certificate of the term deposit has been confirmed by its issuing bank.

  • This MOBILE Branch Deposit Terms and Conditions (“Agreement”) governs the use of Mobile Deposits (“Remote Deposit Capture Services”, “RDC”, “RDC Services” or “Services”) offered by ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Employees Federal Credit Union (“Credit Union”, “we”, “us”, “our”) which may be to accountholders (“you”, “your” or “user”).

  • The aggregate amount of the Liabilities shall be determined in accordance with Schedule 1 in good faith by an accounting to be conducted jointly by the Buyer and the Seller based upon the Branch Deposit Trial Balance Report prepared by the Seller.

  • Deposit bank: Shanghai Pudong Development Bank Tianjin Branch Deposit bank: China Construction Bank Jinghai Subrranch A/c no.: 126986411000616 A/c no.:2213001000264625 Bill no.: 00333314, 00333315, 00333313 Bil amount(amount in words): Twenty Million Yuan only Issuance date: 10th Nov.

  • The Buyer agrees that, at least two (2) Business Days prior to the Closing the Buyer will notify the Seller, in writing, identifying: (i) the Deposits included on the Branch Deposit Trial Balance Report provided pursuant to the first sentence of Section 5.2.8 which the Buyer is rejecting pursuant to Section 2.1(a); and (ii) the Loans included on the Branch Loan Trial Balance Report provided pursuant to the first sentence of Section 5.2.9 which the Buyer is rejecting pursuant to Section 2.4(a).

  • On the day next preceding the Closing Date the Seller shall deliver to the Buyer an updated Branch Deposit Trial Balance Report.

  • With respect to Purchaser's proposed assumption of Branch Deposits which are ▇▇▇▇▇ Accounts, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor's ▇▇▇▇▇ Account and the related Branch Deposit to Purchaser, as trustee thereof, and to adopt Purchaser's form of ▇▇▇▇▇ Master Plan as a successor to that of Seller.


More Definitions of Branch Deposit

Branch Deposit means a Repurchase Agreement and/or Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Office, other than Excluded Deposits.
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Related to Branch Deposit

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

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Direct Deposit means an order for electronic transfer of a refund into a taxpayer’s financial institution account.

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

  • 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;