Deposit definition

Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.
Deposit means assurance provided by a customer in the form of cash, surety bond or bank letter of credit to be held by BellSouth.
Deposit means a sum of money deposited with the Competition as part of the requirements of membership of the Competition.

Examples of Deposit in a sentence

  • The Reserve Deposit Agent has no duty to remit to the Borrowers or Mandated Lead Arranger and Program Manager amounts owing to the Mandated Lead Arranger and Program Manager that exceed the amount included therein as a reserve for such payments.

  • The deposit accounts of each Subsidiary of Berkshire that is an insured depository institution are insured by the FDIC through the Deposit Insurance Fund to the fullest extent permitted by law, all premiums and assessments required to be paid in connection therewith have been paid when due, and no proceedings for the termination of such insurance are pending or threatened.

  • The documents shall be uploaded into the ESZAM AUCTIONEER SDN BHD website are a copy of the E-bidder Identity Card, copy of the Agent’s Identity Card, a copy of Letter of Authorization and evidence of Deposit payment.

  • The Reserve Deposit Agent has no duty to remit to the Borrowers amounts owing to the Independent Valuation Expert that exceed the amount included therein as a reserve for such payments.

  • The Borrowers hereby irrevocably authorize the Administrative Agent to charge any Xxxxxxxx’s deposit accounts maintained with the Reserve Deposit Agent for the amounts from time to time necessary to pay any then due Obligations; provided that the Borrowers acknowledge and agree that the Administrative Agent shall not be under an obligation to do so and the Administrative Agent shall not incur any liability to any Borrower or any other Person for the Administrative Agent’s failure to do so.


More Definitions of Deposit

Deposit shall have the meaning set forth in Section 3.1.
Deposit has the meaning set forth in Section 2.2.
Deposit means the amount set out and referred to as the deposit in the Acceptance Form (and that is separately set out in the Schedule of Fees);
Deposit means any advance payment required by the Supplier in relation to the Hire Goods which is to be held as security by the Supplier;
Deposit as defined in Section 3.02(a).
Deposit means a deposit with the Society by any Person and includes a loan to the Society and a subordinated deposit (that is, a deposit which, on a winding up, would fall to be repaid only after repayment in full had been made to the holders of Shares other than Deferred Shares);
Deposit has the meaning set forth in Section 1.4.