Reserves on deposit definition

Reserves on deposit means the reserves against deposits maintained by any
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Reserves on deposit means the reserves against deposits maintained by any corporation pursuant to this chapter in reserve depositaries, or in a federal reserve bank of which the corporation is a member, and not in excess of the amount authorized by this chapter;
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Reserves on deposit means the reserves against deposits main tained by any
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Examples of Reserves on deposit in a sentence

  • Pursuant to Section 3.01(g), all amounts consisting of Maintenance Reserves on deposit in any Rental Account shall be transferred to the Maintenance Reserves Account in the manner set forth in such section by the Operating Bank at the written direction of the Administrative Agent.

  • If such total shall have decreased since the most recent such report delivered pursuant to this paragraph (b), then provided no Default or Event of Default shall exist and remain uncured, Paying Agent shall disburse an amount of Special Reserves equal to such decrease to the Borrower Representative (as directed in writing by the Administrative Agent pursuant to Section 6.13(e)); provided, that such disbursement shall not exceed the aggregate Special Reserves on deposit pursuant to this paragraph (b)).

  • In case of back out or non-execution as per the rates quoted, IRCTC will take appropriate action against such Bidder and/ or forfeit the Bid Security amount and debar him from participating in future for 2 years.

  • The Replacement Reserves on deposit as of March 31, 2017 are reported to be $358,682.

  • Only thorough consciously questioning our beliefs we become able to re- consider our preconceptions and to transform our practice.

  • The Replacement Reserves on deposit as of January 1, 2019 are proposed to be $687,600.

  • The Replacement Reserves on deposit as of August 31, 2018 are reported to be $447,833.

  • The Replacement Reserves on deposit as of January 1, 2021 are reported to be $1,068,077.

  • The Replacement Reserves on deposit as of January 1, 2015 are reported to be $77,240.

  • The Replacement Reserves on deposit as of April 2016 are reported to be $349,820.


More Definitions of Reserves on deposit

Reserves on deposit means the reserves against depositsmaintained by any corporation pursuant to this chapter in reservedepositaries, or in a federal reserve bank of which the corporation is amember, and not in excess of the amount authorized by this chapter;
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Related to Reserves on deposit

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

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

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Interest Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.23 of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2019-C7, Commercial Mortgage Pass-Through Certificates, Series 2019-C7, Interest Reserve Account” and which shall be an Eligible Account.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • the Deposit means 10% of the Purchase Price;

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Reserve Accounts means, collectively, the Tax and Insurance Escrow Account, the Replacement Reserve Account, the Required Repair Account, the Rollover Reserve Account, the Occupancy Reserve Account, the Excess Cash Reserve Account, the Net Proceeds Account, the Payment Reserve Account, the TI/LC Reserve Account and any other escrow or reserve account established pursuant to the Loan Documents.