Deposit Bank definition

Deposit Bank means the bank or banks selected by Lender to maintain the Deposit Account. Lender may in its reasonable discretion change the Deposit Bank from time to time.
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Deposit Bank has the meaning set forth in Section 7.1.
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Deposit Bank means any of the banks holding one or more Deposit Accounts.
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Examples of Deposit Bank in a sentence

  • The Bank shall include in its records with respect to the assets of the Fund appropriate notation as to the amount of each such deposit, the banking institution with which such deposit is made (the "Deposit Bank"), and shall retain such forms of advice or receipt evidencing the deposit, if any, as may be forwarded to the Bank by the Deposit Bank.

  • The Deposit Bank will exclusively control the Pledged Deposit Account, including the management of any funds deposited after the effective date of this Agreement, without further consent by you.

  • The identity of the Deposit Bank will be provided only if you request this information.

  • By obtaining this Account, you agree to open a deposit account at the Deposit Bank to hold your Deposit Funds, which are funds used to secure the obligations to us that you incur in connection with your Account.

  • You hereby grant us a security interest in the Pledged Collateral associated with your Account, and you authorize us and the Deposit Bank to take all actions necessary or appropriate to ensure our rights in the Pledged Collateral.


More Definitions of Deposit Bank

Deposit Bank means any of the banks or other financial institutions at which one or more Deposit Accounts are maintained.
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Deposit Bank means Bank of China Hong Kong Branch at Ground Floor, Wu Chung House, 213 Queen’s Road East, Wanchai, Hong Kong (“Bank of China”) or The Hongkong and Shanghai Banking Corporation Limited, Hopewell Centre Branch at Shop 2A, 2nd Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (“HSBC”);
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Deposit Bank as defined in Section 2.1(a).
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Deposit Bank shall have the meaning set forth in the Cash Management Agreement.
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Deposit Bank. Wachovia Bank, National Association, or such other bank or depository selected by Lender in its discretion.
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Deposit Bank means Banco Santander, S.A., or such other entity or entities appointed from time to time as deposit bank subject to and in accordance with the terms of the Deposit Bank Agreement;
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Deposit Bank means Compass Bank, an Alabama banking corporation, as deposit bank under the Cash Management Agreement.
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