Deposit Account definition

Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.
Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.
Deposit Account means any deposit account (as that term is defined in the Code).

Examples of Deposit Account in a sentence

  • Your funding obligations with respect to the Services provided under this Appendix A (including any and all fees under this Section 3) shall be funded using Your Dedicated Deposit Account.

  • You are required to maintain sufficient available funds in any specified Dedicated Deposit Account used for funding payroll at least two (2) Business Days prior to each payroll check date to cover all of Your payment obligations.

  • To comply with the requirement, Customer must remit Bank- specified amount (on the date of conclusion of the Foreign Currency Exchange Transaction, till 18:00, local time in Latvia) to the Security Deposit Account.

  • Accordingly, You shall, at times during which You are receiving such Services, have sufficient, good funds in Your Dedicated Deposit Account or otherwise remit such funds to Our designated bank within the deadline established by Us to satisfy Your third-party payment obligations in their entirety.

  • We will debit Your specified Dedicated Deposit Account in order to make the payments for Services.


More Definitions of Deposit Account

Deposit Account has the meaning assigned to such term in the UCC.
Deposit Account as defined in the Uniform Commercial Code of any applicable jurisdiction and, in any event, including, without limitation, any demand, time, savings, passbook or like account maintained with a depositary institution.
Deposit Account means a “deposit account” (as defined in Article 9 of the UCC), an investment account, or other account in which funds are held or invested for credit to or for the benefit of any Borrower.
Deposit Account means a demand, time, savings, passbook, or similar account maintained with a bank. The term does not include investment property or accounts evidenced by an instrument.
Deposit Account shall have the meaning set forth in Article 9 of the UCC.
Deposit Account any deposit account (as such term is defined in Article 9 of the UCC).
Deposit Account. “Documents”, “Equipment”, “Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letter-of-Credit Rights”, “Noncash Proceeds”, “Payment Intangibles”, “Proceeds”, “Promissory Notes”, “Security”, “Record”, “Security Account”, “Software”, and “Supporting Obligations”.