Transferred Security Deposits definition

Transferred Security Deposits shall have the meaning given to such term in Section 18(a)(xi) hereof.
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Transferred Security Deposits has the meaning ascribed to it in Section 1.01(a)(xvii).
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Transferred Security Deposits shall have the meaning given to such ----------------------------- term in Section 16(a)(ix) hereof;
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Examples of Transferred Security Deposits in a sentence

  • Assignee hereby expressly assumes all of the obligations imposed upon the lessor under the Leases (including, without limitation, the lessor's obligation to return any Transferred Security Deposits (as defined in that certain Purchase and Sale Agreement between Assignor and Assignee dated as of ) [_j, 20_ (the "Purchase Agreement")) and (y) all of tl1e obligations imposed upon the owner of the Premises under the Contracts.

  • By its execution hereof, Assignee hereby acknowledges: (a) receipt of (i) sufficient originals and/or copies of the Leases and (ii) all of the Transferred Security Deposits and (b) the application of Section 25 of the Purchase Agreement.

  • Elimination Period: 90 days of continuous Disability Maximum Benefit Duration: The duration shown below: Age on Date Maximum Benefit Disability Starts Duration ----------------- -------- Less than 60 To age 65 60 60 months 61 48 months 62 42 months 63 36 months 64 30 months 65 24 months 66 21 months 67 18 months 68 15 months 69 and over 12 months Work Incentive: Work while Disabled: No offset for employment earnings during the first 24 months after you have satisfied your Elimination period.

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  • Assignee acknowledges that, simultaneously with the execution hereof, Assignee has received $ from Assignor as described on Schedule C attached hereto, ***[and an assignment of the letters of credit set forth on Schedule C attached hereto]***, in respect of the Transferred Security Deposits.

  • Assignee hereby expressly assumes all of the obligations (i) imposed upon the lessor under the Leases which accrue from and after the date hereof, including, without limitation, the lessor’s obligation to return any Transferred Security Deposits (as defined in that certain Purchase and Sale Agreement (the “Purchase Agreement”) between Assignor and Assignee, dated , 2007), and (ii) imposed upon Assignor under the Contracts which accrue from and after the date hereof.

  • The foregoing assignment shall include (i) any and all amendments, supplements, and modifications to the Leases and guaranties thereof, if any, the Contracts, the Pedestrian Bridge Agreement and the Metra Declaration and (ii) all of Assignor’s right, title and interest in and to the Transferred Security Deposits (as defined in the Purchase Agreement).

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Related to Transferred Security Deposits

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • Security Deposit Account has the meaning given in Section 5.1.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Imposition Deposits are defined in Section 7(a).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Assumed Deposits means Deposits.

  • Assumed Servicing Liability means any Liabilities with respect to any Serviced Appointments (or Serviced Corporate Trust Contracts) that arise out of or relate to facts, circumstances, actions, omissions and/or events occurring from and after the Closing and prior to the applicable Succession Time for such Serviced Appointment; provided that Assumed Servicing Liability shall not include any Liabilities that arise out of or relate to facts, circumstances, actions, omissions and/or events with respect to any Retained Duties or any matters for which Seller or any of its Affiliates is responsible pursuant to Section 3.9.

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • REO Account The account or accounts maintained by the Master Servicer in respect of an REO Property pursuant to Section 3.23.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Initial Reserve Account Deposit Amount means an amount equal to $1,030,941.16.

  • Excluded Deposits means (w) those deposit liabilities that are or would be considered “brokered deposits” for purposes of the rules and regulations of the FDIC, any of which, as of the date hereof, are listed on Exhibit 1.1(e)(i), (x) Escheat Deposits, (y) those deposit liabilities (i) related to a financial advisory relationship with Seller’s Xxxxxxx Xxxxx Wealth Management or US Trust divisions, (ii) related to a client managed relationship in Seller’s Business Banking, Middle Market, or Large Corporate divisions or any other non-retail division, (iii) linked to affinity relationships or programs set forth on Exhibit 1.1(e)(iii) (and such Exhibit 1.1(e)(iii) shall be updated by Seller as of 5:00 p.m., Eastern time, on the date that is five (5) Business Days prior to the Closing Date (and delivered to Purchaser on or before the date that is three (3) Business Days prior to the Closing Date), or (iv) that constitute security for loans that are not to be transferred to Purchaser under the terms of this Agreement, and (z) those deposit liabilities that have been opened by an employee (other than a Transferred Employee) or former employee of Bank of America Corporation.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.