Core Deposit definition

Core Deposit means the Price of Refurbished Goods, being the initial amount payable by a Purchaser in accordance with the Service Exchange program.
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Core Deposit means any and all Deposits, other than a Brokered Deposits.
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Core Deposit means any and all deposit liabilities of Seller as shown on the books and records of Seller as being allocated to the Branch, including amounts not yet collected, attributable to the depositors together with accrued interest thereon, including demand accounts, checking accounts, money market demand accounts, savings accounts, IRAs and retail CDs. "Depositors" means account holders having Core Deposits at the Branch. "Effective Date" is defined in Section 1.1. "Employees" means, prior to the effective date, persons employed at the Branch as of the date of this Agreement who are expected to transfer to Purchaser and, thereafter, employees of the Branch who in fact transferred to Purchaser. Attached as Exhibit C is a list of employees expected to transfer. "Previously Disclosed Environmental Issue" as used in this Agreement refers to the soil and groundwater contamination which resulted from the presence of underground gasoline storage tanks left by the previous owner of the real estate, Sunoco, Inc. (R&M), of which Purchaser has been informed, as set forth in section 2.11A, below. As used herein Sunoco, Inc. (R&M) ("Sun"), includes, Sun Company, Inc. (R&M) and Sun Oil Company of Pennsylvania, Inc., corporate names under which Sunoco, Inc. (R&M) previously was known, and Sunmark Industries, a division of Sun Oil Company of Pennsylvania , Inc.
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Examples of Core Deposit in a sentence

  • Creating One of the Strongest Core Deposit Franchises in New Jersey… Ocean Shore1 Cost of Deposits: 0.26% Cost of Deposits: 0.32% Cost of Deposits: 0.32% Cost of Deposits: 0.29% Retail Time Dep < 100K Jumbo Time Dep > 100K IB Demand, Savings, & MMDA Noninterest-bearing Core Deposits: 94% Core Deposits: 92% Core Deposits: 91% Core Deposits: 93% $2.0B $1.2B $0.8B $4.0B OceanFirst¹ Cape2 Pro Forma3 Source: SNL Financial.

  • Schedule 6.19(f) lists as of the Closing Date all U.S. and Canadian Deposit Accounts and Securities Accounts maintained by each Loan Party, including Core Deposit Accounts and designates the Core Deposit Accounts.

  • So long as no Dominion Period has occurred and is continuing, each Borrower shall be permitted to withdraw cash and Cash Equivalents from applicable Core Deposit Accounts.

  • Purchaser agrees to indemnify Seller against liabilities Seller incurs with respect to any checks, drafts or withdrawal orders credited to a Core Deposit as of the Effective Date which are returned to Seller after the Effective Date, provided Seller, within the applicable midnight deadline, notifies Purchaser of any such returns and complies with Purchaser's reasonable instructions with respect to such items.

  • In connection with the preparation of such allocation the parties acknowledge that one of the principal effects of the Agreement is the transfer of an additional asset (known in the financial community as a "Core Deposit Intangible"), the value of which is the primary reason Purchaser has agreed to pay the Cash Premium.

  • Merger Per Share Per Share Per Share Consideration Median 25th Percentile 75th Percentile Transaction Value / Tangible Book Value $28.12 $24.66 $21.81 $27.31 Transaction Value / LTM Earnings $28.12 $25.14 $21.13 $30.70 Transaction Value / Assets $28.12 $22.13 $20.07 $25.44 Core Deposit Premium $28.12 $25.51 $22.27 $28.52 PTCP analyzed publicly available financial information relating to selected regional business combinations and other transactions PTCP deemed relevant.

  • The premium due from the Purchaser to the Seller shall equal seven percent (7%) of the Available Core Deposit Base.

  • Prior to Effective Date, Purchaser shall designate a successor trustee, which may be Purchaser ("Successor Trustee"), as to any ▇▇▇ account constituting a Core Deposit.

  • The following DAI Products are licensed to Customer for up to 1.2 Million Annual Invoices and 100 Total DAI Users: System Utilities Order/Ship/Bill ▇▇▇tem Inventory Management Purchasing/Receiving System Accounts Receivable Accounts Payable General Ledger Warehouse Management EDI Bridge Bar Code Processing Commission Management Serial Number Tracking Core Deposit Processing Import/Export Package for the version being ported to a Unix platform.

  • Per Share Per Share Per Share Consideration Median 25th Percentile 75th Percentile Transaction Value / Tangible Book Value $28.12 $27.80 $24.64 $29.98 Transaction Value / LTM Earnings $28.12 $25.49 $16.79 $30.95 Transaction Value / Assets $28.12 $25.58 $21.16 $30.52 Core Deposit Premium $28.12 $29.13 $26.08 $33.02 PTCP considered certain financial information for Bank and compared it with selected companies whose equity is publicly traded that PTCP deemed relevant.

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