Deposit Taker means the licensed deposit taker detailed in the relevant Addendum.
Deposit Taker shall have the meaning assigned to it in the Pledge Agreement.
Deposit Taker for BNPLC shall mean BNPLC's Parent and for each Participant shall mean the Participant itself; provided, that each of BNPLC and the Participants, for itself only, may from time to time designate another Deposit Taker as provided in Sections 4.4 and 4.5 below.
Examples of Deposit Taker in a sentence
So long as this Agreement remains in full force and effect, LRC shall have no right to be paid or to draw upon, transfer or otherwise dispose of any of the Cash Collateral, and Deposit Taker shall have exclusive dominion and control of all Cash Collateral.
Deposit Taker has and shall have “control”, as contemplated by Article 9 of the UCC, including Section 9-104 thereof, of the Deposit Account, the Deposited Funds, the Cash Collateral and of any deposit account in which any Cash Collateral is deposited.
The Lessee has delivered or caused to be delivered to Lessor the Cash Collateral for deposit with the Deposit Taker, which may be an Affiliate of Lessor, pursuant to each Pledge Agreement and the Deposit Taker’s Agreement as defined therein.
More Definitions of Deposit Taker
Deposit Taker means a person who, in the course of a business, may lawfully accept deposits in the United Kingdom;”;
Deposit Taker means Investec Bank plc (Irish Branch) in its capacity as deposit taker.
Deposit Taker means Nationwide Building Society or its successors or assignees. Nationwide Building Society is incorporated in England and Wales.
Deposit Taker means the licensed deposit taker detailed in the relevant Key Terms.
Deposit Taker means The Royal Bank of Scotland plc.
Deposit Taker means, for BNPPLC or any Participant, an Eligible Deposit Taker designated by it to act as the Deposit Taker for it under this Agreement. BNPPLC has already designated BNP Paribas as the Deposit Taker for BNPPLC hereunder. Any Participant which is an Eligible Deposit Taker will be deemed to have designated itself to act as the Deposit Taker for it, unless some other designation is expressly set forth in this Agreement. Any Participant which is not an Eligible Deposit Taker will be expected to designate BNP Paribas or another Person which is an Eligible Deposit Taker prior to any delivery of Cash Collateral by LRC pursuant to this Agreement. It is also understood, however, that each of BNPPLC and the Participants, for itself only, may from time to time designate another Deposit Taker as provided in subparagraphs 3(C) and 3(D) below.
Deposit Taker means, for BTMUCLF or any Participant, an Eligible Deposit Taker designated by it to act as the Deposit Taker for it under this Agreement. BTMUCLF has already designated BTMU as the Deposit Taker for BTMUCLF hereunder. Any Participant which is an Eligible Deposit Taker will be deemed to have designated itself to act as the Deposit Taker for it, unless some other designation is expressly set forth in this Agreement. Any Participant which is not an Eligible Deposit Taker will be expected to designate BTMU or, to the extent BTMU is not an Eligible Deposit Taker, another Person which is an Eligible Deposit Taker (as reasonably approved by LRC) prior to any delivery of Cash Collateral by LRC pursuant to this Agreement. It is also understood, however, that each of BTMUCLF and any Participants, for itself only, may from time to time designate another Eligible Deposit Taker (as reasonably approved by LRC) as provided in subparagraphs 3(C) and 3(D) below.