First Deposit definition

First Deposit has the meaning set forth in Section 2.2(a).

First Deposit has the meaning set forth in Section 3.2.

First Deposit has the meaning given in Section 3.1(a).

Examples of First Deposit in a sentence

• The Equity Bonus can only be applied to new direct clients who open live accounts at the Company and have never participated in the promotion of "The 100% First Deposit Bonus".

• It is optional for the bank to use the MICR and IFSC code of the presenting branch or branch where truncation is done; however in case instruments belonging to another bank is scanned for presentation in the clearing (who is participating as an indirect member), the MICR / IFSC code of the Branch of First Deposit (i.e., indirect member) should be used.

• It shall consist of Presentment Date of the item (8 digit) in DDMMYYYY format, the Clearing Type (2 digit), Item Sequence Number (14 digit consisting of Sorter ID 6 digit, Run Number 2 digit, Sequence Number 6 digit), MICR Code of the Branch of First Deposit (9 digit) and IFSC Code of the Presenting Branch (11 digit) of the Presenting CHI.

• The First Deposit and the Second Deposit, together with all interest earned on such sums, are herein referred to collectively as the “Xxxxxxx Money.” All interest accruing on such sums shall become a part of the Xxxxxxx Money and shall be distributed as Xxxxxxx Money in accordance with the terms of this Agreement.

• If the Seller does not accept this Offer, it shall be null and void and the cheque or bank draft for the First Deposit will be returned to the Buyer.

More Definitions of First Deposit

First Deposit means the amount of money specified as such in the Summary of Terms.

First Deposit shall have the meaning set forth in Section 1(b).

First Deposit is defined in Section 3.2.

First Deposit means a deposit, to be paid by Buyer to Escrow Agent upon the execution hereof by Seller, Buyer and Escrow Agent, in the amount of One Hundred Thousand ($100,000.00) Dollars, plus all interest earned thereon. “Second Deposit” means a deposit, to be paid by Buyer to Escrow Agent within two (2) business days after the expiration of the Due Diligence Period (if Buyer does not terminate this Agreement prior to the expiration of the Due Diligence Period), in the amount of Two Hundred Thousand ($200,000.00) Dollars, plus all interest earned thereon. “Deposit” means both the First Deposit and the Second Deposit, plus all interest earned thereon.

First Deposit means the first deposit made in one account following acceptance of the present Terms and Conditions, within the Promotion Period.

First Deposit means the sum of Five Hundred Thousand and No/100 Dollars ($500,000.00), to the extent the same is deposited by Buyer in accordance with the terms of Subsection 3.1.1 hereof, together with any interest earned thereon while held in escrow with Escrow Agent.

First Deposit has the meaning set forth in Section 3.2.1 of this Agreement.