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

  • All such transfers are subject to the Deposit Account Rules, Regulations, Disclosure and Privacy Notice.

  • CLIENT will remit payment for fees or claims to Benecard Services, Inc., BENECARD PBF, JPMorgan Chase Bank, N.A. ABA #000000000, Beneficiary Name Benecard Services Inc., BENECARD PBF Lockbox Deposit Account, Account # 816864110.

  • For the duration of any Suspension Period, the Company shall cause the relevant Subject Excess Proceeds to be deposited into an account that is subject to a first priority perfected Lien (subject to Permitted Liens) for the benefit of the Collateral Agent under a Deposit Account Control Agreement.

  • Mobile Deposits are subject to all limitations and terms set forth in the relevant Deposit Account Documentation, as amended from time to time, including, but not limited to, those related to deposit acceptance, crediting, collection, endorsement, processing order and errors.

  • On each Funding Date of the Revolving Loan, each Lender shall credit and/or transfer (as applicable) to the Designated Deposit Account, an amount equal to its Revolving Credit Commitment in respect of such Revolving Loan.


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 means the account referred to in Section 2.02 (b) of this Agreement;
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”.