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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

  • If the Concessionaire fails to submit the Monthly Payment and accumulated late fees within 30 days of the normal monthly payment deadline, the Department may either suspend the Concessionaire’s performance of Services under this Agreement until the Department receives full payment or terminate this Agreement for cause and begin procedures to collect the Security Deposit.

  • If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.

  • Following termination of this Agreement and confirmation that all Hardware (other than purchased Hardware) has been returned, NCR Voyix will return any remaining portion of the Deposit.

  • In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for any reason, except Purchaser’s default, Purchaser may: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit, if any, shall be forthwith returned by the title company to Purchaser.

  • Deposit or withdraw cash from your Savings, Checking, and Money Market Accounts.


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 has the meaning set forth in Section 3.4(d).
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.