Depository Banks definition

Depository Banks has the meaning assigned to that term in subsection 2.4(A)(1).
Depository Banks has the meaning specified in Section 6.10. ----------------
Depository Banks means any of the banks listed in Schedule D;

Examples of Depository Banks in a sentence

  • Each Member shall,depending on business needs, open dedicated margin accounts in various currencies with one or more Designated Depository Banks to deposit margin and relevant funds.

  • Dedicated margin accounts opened with designated branches of Designated Depository Banks, as required by the Exchange, shall be used as Member’s dedicated fund accounts.

  • The Exchange, Members, OSPs, Overseas Intermediaries, Clients, Designated Depository Banks and their employees thereof shall abide by the Clearing Rules.

  • The Exchange, the Members, the OSPs, the Overseas Intermediaries, the clients and the futures margin depository banks designated by the Exchange (the "Depository Banks"; each, a "Depository Bank") and relevant staff shall comply with the Measures.

  • Following the margin call, the Exchange may instruct Designated Depository Banks to debit the funds from the Member’s dedicated fund account and credit the funds to the Exchange’s dedicated settlement account.


More Definitions of Depository Banks

Depository Banks means National City Bank and JX Xxxxxx Cxxxx Bank, N.A., as depositories and holders of the DDR Accounts, and any subsequent or replacement holders thereof.
Depository Banks as defined in subsection 5.5(a).
Depository Banks means the Income Tax Depository Bank and the Wagering Tax Depository” means Comerica Bank and any successor thereto.
Depository Banks means the Income Tax Depository Bank and the Wagering Tax Depository Bank.
Depository Banks. (a) Each Domestic Loan Party shall maintain the Agent as such Domestic Loan Party's principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business, (b) Each Canadian Loan Party shall, within a reasonable amount of time, transfer its deposit accounts (including for the maintenance of operating, administrative, cash management, collection activity, and other deposit accounts for the conduct of its business, but excluding petty cash accounts maintained in the ordinary course of business) to thx Xxxadian Correspondent Lender and then maintain such deposits accounts with such Lender.
Depository Banks. The banks designated by the Borrower from time to time to hold the Eligible Cash deposits and acceptable to the Agent (initially being Wellx Xxxgo Bank, N.A.).
Depository Banks means Bank One N.A. and any other bank from time to time party to a Depository Agreement.