Deposit Element definition

Deposit Element means the 1 year fixed rate deposit as described in 5(a) below.
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Deposit Element means 25% invested in the 1 year Fixed Rate Deposit as described in 5(a) below.
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Deposit Element means 30% invested in the 1 year Fixed Rate Deposit in the case of the Split Deposit Option as described in 5(a) below.
Sample 1

Examples of Deposit Element in a sentence

  • Under current legislation, any Interest earned on the Deposit Element will be taxed at a rate of 30%.

  • There are two elements to the Bond, the Deposit Element and the Investment Element.

  • Investors in the Bond will receive 100% Participation in the growth of the Underlying Investment Strategy of the Investment Element at Maturity.Capital Protection: 100% of the initial amount invested in the Deposit Element and the Investment Element is protected on the relevant Maturity Dates of the Bond.

  • Investors should also note that the 100% Capital Protection applies only on the relevant Maturity Dates of the Deposit Element and Investment Element of the Bond and does not apply in the case of early encashment.

  • Investors should also note that the 100% Capital Protection applies only on the relevant Maturity Dates (The Deposit Element: 14 March 2013 and Investment Element: 14 February 2017).

  • There must be a quorum present at the start of and throughout the meeting.

  • DIRT will be withheld from any interest payable at Maturity by the Bank at source.• Our understanding is that the current DIRT rate on the Deposit Element is 30%.

  • Your Investment in the Deposit Element will also be returned to you on this date.

  • Investors should also note that the 100% Capital Protection applies only on the relevant Maturity Dates (The Deposit Element: 25 July 2013 and Investment Element: 25 January 2018).

  • Both the Deposit Element and the Investment Element are Capital Protected by Ulster Bank Ireland Limited at the relevant Maturity Dates (Credit Ratings at 27 July 2012: Fitch: A-, Moodys: Baa2 and S&P: BBB+.


More Definitions of Deposit Element

Deposit Element means the 1 Year Fixed Rate Deposit of Option 1 of the Bond as described in 5(a) below.
Sample 1
Deposit Element means, in relation to the Split Deposit Option, 20% of your investment invested in the 1 year Fixed Rate Deposit as described in condition 5(b) below.
Sample 1
Deposit Element means 20% invested in the 1 year and 2 year Fixed Rate Deposits as described in 5(a) below.
Sample 1

Related to Deposit Element

  • the We Love Manchester Emergency Fund means the registered charity of that name (number 1173260) established on 30th May 2017;

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  • Cooling Off Period means the duration of time counted from the date when the direct seller and the direct selling entity into an agreement under clause 4 and ending with date on which the contract is to be performed and within which the direct seller may repudiate the agreement without being subject to penalty for breach of contract.

  • Terminal means a device authorized by a Party Lottery to function in an on-line, interactive mode with the lottery's computer gaming system for the purpose of issuing lottery tickets and entering, receiving, and processing lottery transactions, including purchases, validating tickets, and transmitting reports.