Deposit Requirement definition

Deposit Requirement shall have the meaning assigned to such term in Section 5.8(a).
Deposit Requirement meansa minimum deposit of SGD$3,000 made to the trading Account;
Deposit Requirement means the sum of Moneycorp’s Exposure and (i) the Margin Requirement set forth in any Credit Facility agreement, if any, or (ii) if no Credit Facility agreement exists, the aggregate deposit requirements set forth in the Confirmations for all outstanding Customer Hedging Contracts.

Examples of Deposit Requirement in a sentence

  • Minimum Opening Deposit Requirement You must deposit $100.00 to open this account.

  • The Company further agrees that, from and after any such request for cash collateralization, so long as such Event of Default is continuing, the Company will deposit from time to time into such Cash Collateral Account any such additional amounts as shall be necessary to cause the amount on deposit therein to be not less than the amount of the Deposit Requirement then in effect.

  • Notwithstanding such subordination, the Holders of the Class B-2L Notes may be entitled to payments of principal in connection with the Additional Collateral Deposit Requirement, before the Notes senior thereto receive any payments of principal.

  • DOCUMENTATION REQUIRED ANNUALLY FORMS: Qualified Public Depositary, Authorization to Waive 24 Hour Deposit Requirement and Information for Mailing & Agency Contact.

  • For more information about EFTPS, see Electronic Deposit Requirement, earlier.

  • If the nature or manner in which the offences committed are considered too severe in nature, or too numerous for the offer of a fixed penalty (as explained in section 3.2 above), the offender will be handed a notice of intended prosecution and notified of the relevant amount of financial penalty deposit on the Court Financial Penalty Deposit Requirement Notice .

  • After a Court Financial Penalty Deposit Requirement Notice is issued, a prosecution case will be compiled by VOSA.

  • Initially, VOSA will only issue a Court Financial Penalty Deposit Requirement Notice if the vehicle is stopped in England and Wales.

  • Where it is appropriate to offer a fixed penalty or conditional offer, but the driver is unable to provide a satisfactory address within the UK, a Fixed Penalty Deposit Requirement Notice will be issued.

  • See Electronic Deposit Requirement, later.Form 1023, Application for Recogni- tion of Exemption Under Section 501(c)(3) of the Internal Revenue Code.


More Definitions of Deposit Requirement

Deposit Requirement. A $250 refundable deposit is required in advance for Non-Residents and a $100 refundable deposit from Residents. Inspections are performed within 24 hours after the end of each event and if satisfactory, the deposit in its entirety will be refunded. The deposit will not be refunded if the premises are left unclean, damaged, decorations left or if cancelling the reservation is not cancelled at least 14 days prior to the reserved date.
Deposit Requirement. A deposit is required in advance for all rentals of the Clubhouse Facilities. This is a refundable deposit, required, in the form of a blank money order. Proper identification and or proof of address within the Waterstone community are required. The deposit will be charged in the event that the homeowner does not cancel the reservation within 14 days prior to the reserved date. If the clubhouse facility, after inspection by the attendant is in good order (no damage to walls, area equipment, cleaned; including party balloons, strings, trash, etc.) and restored to the condition existing prior to the function, the full amount of the Deposit shall be refunded. If any damage is found, or if janitorial services are required, deposit will be kept to pay all costs of repairs and the expenses of janitorial services in full. Limited Time to Rent - Reservations can be made no more than 6 months in advance. Fees Include - Fees are just for the area being rented Inspections - Inspections are performed within 24 hours after the end of your event. It is not required to call the Club and ask for status of inspection. Janitorial - Renter is responsible for full clean up of area rented, this includes removal of all decorations, balloons, floors, kitchen area, BBQ grills, etc.; If the Club finds it is not left in the same condition found, a fee of $100.00 for Grand Room & $50.00 for BBQ-pit will be charged from your deposit. The renter has the option of hiring a cleaning service Club offers from the time of application for rental to avoid conflict. Time Slots - Rental of any area must be done within one of the time frames provided by the club, only 1 (one) party will be reserved for each area per day.
Deposit Requirement has the meaning given in Section 2.10(a).
Deposit Requirement means the deposit by the Company, from time to time, in a segregated deposit account maintained with the Administrative Agent subject to the security interest of the Lenders pursuant to the Guaranty and Collateral Agreement, (i) prior to the issuance of the 2010 Notes, of an amount equal to fifty percent (50%) of the outstanding principal balance of the Senior Notes and (ii) following the issuance of the 2010 Notes, of an amount equal to (x) seventy five percent (75%) of the outstanding principal balance of the Senior Notes, if the 2010 Note issuance is equal to or less than $150,000,000, and (y) one hundred percent (100%) of the outstanding principal balance of the Senior Notes, if the 2010 Note issuance is greater than $150,000,000; provided, that such Deposit Requirement shall be reduced by an amount equal to the sum of all Senior Notes redeemed by the Company from time to time after the First Amendment Effective Date.

Related to Deposit Requirement

  • Reserve Account Requirement means, with respect to the Closing Date and any Distribution Date, an amount equal to the lesser of: (A) 2.0% of the sum of (x) the initial Class A Note Balance, (y) the initial Class B Note Balance and (z) the initial Class C Note Balance; and (B) the sum of (x) the Class A Note Balance on such Distribution Date, (y) the Class B Note Balance on such Distribution Date and (z) the Class C Note Balance on such Distribution Date, after giving effect to the payment of principal on such Distribution Date.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account.

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Reserve Account Required Amount means, with respect to any Payment Date, the lesser of (i) the excess of (A) the Specified Reserve Balance, over (B) the amount on deposit in the Reserve Account on such Payment Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Payment Date, and (ii) the amount remaining in the Indenture Collections Account after taking into account the distributions therefrom described in clauses (i) through (xiv) of Section 8.3(a) of the Indenture.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Compliance account means a NOx allowance tracking system account, established by the U.S. EPA for a NOx budget unit under section 10 of this rule, in which the NOx allowance allocations for the unit are initially recorded and in which are held NOx allowances available for use by the unit for an ozone control period for the purpose of meeting the unit’s NOx budget emissions limitation.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Reporting Requirements As defined in Section 11.15.

  • performance requirement means a requirement that:

  • Periodic Payment Requirement for any Calculation Period means the total dollar amount of Securitization Charge Collections reasonably calculated by the Servicer in accordance with Section 4.01 of the Servicing Agreement as necessary to be received during such Calculation Period (after giving effect to the allocation and distribution of amounts on deposit in the Excess Funds Subaccount at the time of calculation and that are projected to be available for payments on the Securitization Bonds at the end of such Calculation Period and including any shortfalls in Periodic Payment Requirements for any prior Calculation Period) in order to ensure that, as of the last Payment Date occurring in such Calculation Period, (a) all accrued and unpaid interest on the Securitization Bonds then due shall have been paid in full on a timely basis, (b) the Outstanding Amount of the Securitization Bonds is equal to the Projected Unpaid Balance on each Payment Date during such Calculation Period, (c) the balance on deposit in the Capital Subaccount equals the Required Capital Level and (d) all other fees and expenses due and owing and required or allowed to be paid under Section 8.02 of the Indenture as of such date shall have been paid in full; provided, that, with respect to any Annual True-Up Adjustment or Interim True-Up Adjustment occurring after the date that is one year prior to the last Scheduled Final Payment Date for the Securitization Bonds, the Periodic Payment Requirements shall be calculated to ensure that sufficient Securitization Charges will be collected to retire the Securitization Bonds in full as of the next Payment Date.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Storage Injection Requirements means all volumes required by the Seller for injection into underground storage, including cushion gas, and for liquification, including fuel used for injection and in liquification plants, or for such other storage projects that may be developed expressly for the protection of supply to high priority users.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as “Rebate Amount” in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • REIT Requirements has the meaning set forth in Section 5.2.

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.