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.
Sample 1
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.
Sample 1
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
Sample 1

Examples of Branch Deposit in a sentence

  • A single negotiable instrument made out to multiple inmates sent from institutions to the LockBox is rejected by the LockBox and returned to the Trust Fund Branch Deposit Fund Section when: ■ It is received without a BP-A0905.■ The value of the negotiable instrument(s) and the BP-A0905 are not in balance.

  • When received through the LockBox, the joint-payee check is forwarded to the Trust Fund Branch Deposit Fund Section where it is logged into the register and forwarded to the institution.

  • When received through the LockBox, the check is forwarded to the Trust Fund Branch Deposit Fund Section, where it is logged into the check register and forwarded to the institution Business Administrator/Trust Fund Supervisor to be processed by the discipline responsible for Deposit Fund activity.

  • Depending on circumstances, the Trust Fund Branch Deposit Fund staff may void the deposit made to the inmate account and follow procedures outlined in Section 8.8.b(1) or 8.8.b(2).

  • The inmate’s account balance is held for 90 days in the Trust Fund Branch Deposit Fund Section.

  • Note: Inmates returning to Bureau custody whose account balances were transferred to the Trust Fund Branch Deposit Fund Section or to U.S. Treasury suspense accounts receive their account balance the next business day following the SENTRY change.

  • At this point, the funds become the responsibility of the Trust Fund Branch Deposit Fund Section.

  • Claims made by inmates not returning to a Federal institution for amounts previously classified as whereabouts unknown are forwarded to and processed by the Trust Fund Branch Deposit Fund Section.

  • On the 90th day, after the account record has transferred to the Trust Fund Branch Deposit Fund Section, TRUFACS generates a JV and an automatic transfer from Inmates Deposit Fund, PF (15X6085), to either Payment Unclaimed Money, Fund XH (20X6133), for amounts of $25 or more, or Forfeitures of Unclaimed Money and Property, Fund ZE (151060), for amounts less than $25.

  • Trust Fund staff contact the Trust Fund Branch Deposit Fund Section for support only after they have exhausted local avenues to address the inquiry.


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.
Sample 1

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 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.

  • 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;

  • Good Faith Deposit has the meaning given such term in Section 2.6(a) of this Agreement.

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

  • 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).

  • the Deposit means 10% of the Purchase Price;

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

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

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

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

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

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

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • 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.

  • 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.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

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

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.