Reserve depositary definition

Reserve depositary means a bank, trust company or banking corporation approved by the finance director as a depositary for reserves on deposit;
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Reserve depositary means a bank, trust company or banking corporation approved
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Reserve depositary means a bank, trust company or ban king corporation
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More Definitions of Reserve depositary

Reserve depositary means a bank, trust company or bankingcorporation approved by the finance director as a depositary for reserveson deposit;
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Reserve depositary means a ban k, trust company or ban king corporation
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Related to Reserve depositary

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Required Accumulation Reserve sub-Account Amount means, with respect to any Monthly Period during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2019-1) Notes as of the close of business on the last day of the preceding Monthly Period or (ii) any other amount designated by the Issuer; provided, however, that if such designation is of a lesser amount, the Note Rating Agencies shall have provided prior written confirmation that a Ratings Effect will not occur with respect to such change.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.