Deposit Tenor definition

Deposit Tenor means the period for the Deposit agreed between the Customer and the Bank commencing on, and including, the Value Date and ending on, but excluding, the Maturity Date (definition see below);
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Deposit Tenor means the life period of the Deposit from the Deposit Opening Date to the Deposit Maturity Date. Long-Term Deposit means a Deposit placed for a tenor longer than one month or for a non-fixed period of time (non-fixed deposit). Short-Term Deposit means a Deposit placed for a tenor longer of up to one month (inclusive).
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Deposit Tenor means the number of calendar days from (and including) the Start Date to (but excluding) the Scheduled Maturity Date as specified in the relevant Confirmation;
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Examples of Deposit Tenor in a sentence

  • Party A agrees that the Structured Deposit Tenor shall not be renewed automatically upon the Maturity Date.

  • As a result, the Deposit Interest will cease to accrue and therefore the Deposit Interest for the entire Deposit Tenor will not be paid out.

Related to Deposit Tenor

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Escrow Agent means the Escrow Agent under the Escrow Agreement.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Deposit Secured Loan means a loan in which the only collateral securing the loan is Assumed Deposits or deposits at other insured depository institutions