Deposit Order definition
Examples of Deposit Order in a sentence
The Issuer shall direct the Collateral Trustee to deposit the amount specified in the Deposit Order to the Expense Reserve Account.
This service is carried out on the basis of the order provided by each Customer in accordance with the Deposit Order Agreement.
The Customer and Raisin Bank conclude the following Deposit Order Agreement (“Agreement”) as special conditions to the terms and conditions of Raisin Bank.
Further, the Issuer shall direct the Collateral Trustee to deposit the amounts specified in the Deposit Order in the Revolver Funding Account on the 2024 Closing Date.
According to Anti-money laundering laws and regulations, the Company, at its sole discretion, might carry out Withdrawal Orders by alternative means to those, which have been used in the original Deposit Order, if and as far as the Company will allow payment by other means of payment.
The execution of a deposit of the Customer with the Deposit-taking Bank and, consequently, the acceptance of the Deposit Order shall take place in each case when Raisin Bank makes a deposit in its own name with the Deposit-taking Bank specif ied in the Deposit Off er, at the conditions specif ied in the Deposit Off er, and discloses the Customer as the benef icial owner of the deposit to the Deposit-taking Bank.
In the event of any conf lict between individual provisions, the provisions of this Deposit Order Agreement shall prevail over the Terms and Conditions of Raisin Bank.
This Deposit Order Agreement applies only to Deposit Off ers that qualif y as Benef iciary Deposits.
In the event of any conflict between individual provisions, the provisions of this Deposit Order Agreement shall prevail over the Terms and Conditions of Raisin Bank.
By issuing the Deposit Order, the Customer declares his/her consent to the use of his/her deposit f unds as a deposit with the Deposit-taking Bank within the f ramework of a collective deposit and as a Benef iciary Deposit.