Depo Account definition

Depo Account means a depo account opened in the name of the Client;
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Depo Account means the “depo” account of a Pledgor opened with a Depository for the purposes of recording such Pledgor’s title to the Shares.
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Depo Account means a securities account at PRISM mapped with SGLA Account of Institution maintained with SBP BSC (Bank).
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Examples of Depo Account in a sentence

  • Transaction details: A transaction to generate a Depo Account statement is the Custodian’s action to prepare and issue information on the Depo Account status to the Depositor.

  • The Depositor for whom a Depo Account of a foreign nominee holder and/or a Depo Account of a foreign authorized holder and/or a depository program Depo Account are opened undertakes to comply with the requirements of the legislation, other applicable law, and the Depo Account Agreement to this type of Depo Accounts.

  • The Custodian shall open a separate Depo Account for each Depositor.

  • Electronic and personalized receipts from healthcare professionals are also accepted, provided they contain the information specified above.

  • Transaction details: A transaction to accept securities for safekeeping and accounting means crediting securities to the Depositor's Depo Account as a result of such securities transfer in the custody accounting system of the place of safekeeping depository or securities re-registration in the registry system from the account of the Depositor, its nominee holder, or the Depositor's counterparty to a personal account (depo account) of the Custodian’s nominee holder.

  • The Depo Account Agreement may provide for other service payment terms and conditions.

  • Among other things, the Depositor for whom a holder’s Depo Account is opened undertakes to issue Instructions on accounting in such a Depo Account for rights only to securities owned or otherwise held by the Depositor, including, but not limited to, giving Instructions for accounting in such a Depo Account for rights to securities of third parties, in respect of which the Depositor acts as a nominee holder, a foreign nominee holder, or a foreign authorized holder.

  • Securities of Depositors are recorded in the Custodian using the open method.With the open accounting method, the Depositor may only issue instructions in respect of the number of securities held in their Depo Account without specifying any individual characteristics of those securities in the instruction.

  • The Administrative Transactions shall include:• Opening the Depo Account (Depo Sub-Account);• Closing the Depo Account (Depo Sub-Account);• Changing the questionnaire data (details of the Depo Account);• Appointment of the Depo Account (Depo Sub-Account) Authorized Representatives;• Cancellation of the authorities of the Depo Account (Sub-Account) Authorized Representatives.

  • For the avoidance of doubt, the capitalized “Depositor” is used to designate the depositor that has concluded a Depo Account Agreement, while the lower-case “depositor” is used to designate any other depositors.Depo Account Agreement means a custody agreement or an inter-depository agreement.


More Definitions of Depo Account

Depo Account means, with respect to Shares held within NSD, an account opened with a depositary, which is a direct or indirect participant of NSD, holding such Shares as a nominee.
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Depo Account means a securities account that each participant shall maintain in PRISM with the SBP.
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Related to Depo Account

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Investment Account As defined in Section 3.12(a).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 2.2.

  • Matching Contribution Account means that portion of a Participant’s Account established to record Matching Contributions on behalf of a Participant. Matching Contributions shall be deemed to be invested in the Company stock, and a Participant shall not be permitted to elect a different Deemed Crediting Option for such Matching Contributions.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Regular account means the account established for each active and inactive member un-

  • Holding Account means an account:

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

Most Referenced Clauses

Most Referenced Definitions