Primary Depositor definition

Primary Depositor means, for joint Accounts, the first Depositor named on the Personal Contract Application. When the Primary Depositor dies, once the Financial Institution is notified of the death, the next Depositor named on the Personal Contract Application will become the Primary Depositor.
Primary Depositor means, for joint Accounts, the first Depositor named on the Personal Account Contract. When the Primary Depositor dies, once the Financial Institution is notified of the death and provided with document, the next Depositor named on the Personal Account Contract will become the Primary Depositor.
Primary Depositor means, for joint Accounts, the first Depositor named on the Personal Contract Application. When the Primary Depositor dies, once the Financial Institution is notified of the death, the next Depositor named on the Personal Contract Application will become the Primary Depositor. “Remote Instructions” means instructions given to the Financial Institution with respect to the operation of the Account from a remote location using a computer, portable hand- held device, telephone, mobile telephone, fax, via the Financial Institution’s online banking system, email, text message transmission, or other remote communication acceptable to the Financial Institution in order to operate the Account or authorize Transactions and make arrangements with the Financial Institution. “Survivor” means, for joint Accounts, upon the death of any Depositor, the surviving Depositor(s). “Third Party” means any person, firm, corporation, association, organization, or entity other than the Depositor, the Financial Institution or Central 1. “Transaction” means any debit or credit transaction processed to or from the Account by any means, including without limitation Point-of-Sale Transactions and transactions originated through an ATM, online, mobile or telephone banking or any other method of Account access that may be made available to the Depositor from time to time.

Examples of Primary Depositor in a sentence

  • When the Primary Depositor dies, once the Financial Institution is notified of the death, the next Depositor named on the Personal Contract Application will become the Primary Depositor.


More Definitions of Primary Depositor

Primary Depositor means, for joint Accounts, the first Depositor named on the Personal Contract Application. When the Primary Depositor dies,

Related to Primary Depositor

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.