Local DDA definition

Local DDA. A depository account maintained by the Borrower, the only contents of which may be transfers from the Funding Account and actually used solely (i) for ▇▇▇▇▇ cash purposes; or (ii) for payroll.
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Local DDA. Those local demand depository accounts maintained by one or more of the Borrowers for specified purposes, all as particularly detailed in EXHIBIT 1-1(B) annexed hereto, as such exhibit may be amended from time to time by the Borrowers.
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Related to Local DDA

  • Local Loop refers to a transmission facility between the main distribution frame [cross- connect], or its equivalent, in an Embarq Central Office or wire center, and up to the demarcation point (e.g., Network Interface Device) at a customer’s premises, to which CLEC is granted exclusive use. This includes all electronics, optronics and intermediate devices (including repeaters and load coils) used to establish the transmission path to the customer premises. Local loops include Copper Loops, Hybrid Loops, DS1 loops, DS3 loops, FTTC Loops and FTTH Loops.

  • Local Vendor means any business which:

  • Local department means the local department of social services of any county or city in this

  • Local Labour means skilled, semi-skilled workers of all trades engaged by the Contractor on the Site for the purpose of or in connection with the Contract or engaged full time by the Contractor off the site for the Purpose of or in connection with the Contract (by way of illustration but not limitation: workers engaged full time in any office, store, workshop or quarry).

  • Local Traffic for the purposes of this Agreement the Parties shall agree that “Local Traffic” means traffic (excluding Commercial Mobile Radio Service “CMRS” traffic) that is originated and terminated within Embarq’s local calling area, or mandatory extended area service (EAS) area, as defined by the Commission or, if not defined by the Commission, then as defined in existing Embarq Tariffs. For this purpose, Local Traffic does not include any ISP-Bound Traffic.