Deposit Interest definition
Examples of Deposit Interest in a sentence
Tenant shall deduct the Security Deposit Interest due for each month from the next installment of Base Rent otherwise payable.
Details of the Interest Earning Amount and when Deposit Interest may be paid are set out in the Margin Platform Addendum and may vary depending upon the Trading Platform used to enter into Margin Transactions.
Interest shall accrue on a Deposit at the Deposit Interest Rate calculated per Business Day on the basis of a three-hundred-sixty (360) day year.
Tenant shall be entitled to interest ("Security Deposit Interest") on the balance of the Security Deposit held by Landlord (the "Security Deposit Balance") for each month at the T-▇▇▇▇ Rate as published in the Wall Street Journal on the last business day of the month.
Without prejudice to the provisions of Article 7.1, on each Interest Booking Date, as a return on the Deposit, the Calculation Agent, on behalf of Polca, shall record in the Participating Company’s Analytical Account the total interest calculated daily on the amount of the Deposit entered in the Analytical Account for each Business Day, based on the Deposit Interest Rate.