Minimum Deposit definition
Examples of Minimum Deposit in a sentence
This indemnity shall be binding on the Applicant’s Executors and Heirs; That I/we acknowledge that a Specified Minimum Deposit is required before or on the date of registration each semester.
In accordance with Sections 202 and 402(d) of the Basic Resolution, at or prior to the Bond Closing for the Bonds, cash in the amount, or a Reserve Letter of Credit drawable in the amount, of the Minimum Deposit shall be delivered to or by the Issuer as required for the Bonds and further, all other conditions required to be met under Section 202 of the Basic Resolution shall have been met as have the conditions specified herein.
The Minimum Deposit shall not be subject to any lien, attachment, trustee process, or any other judicial process of any creditor of any Seller or Buyer.
Minimum Deposit: The minimum amount of security required in the Customer’s Client Account.
Period of depositShort TermLong Term1 week to 1 year2 years to 5 years Minimum Deposit Amount5,000 in USD / EUR / GBP or equivalent for any other currency acceptable to the Bank Interest rateRates applicable will depend on international market rates prevailing, amount and tenor.