Wakala Deposit Form definition

Wakala Deposit Form means the form to which these Terms & Conditions are attached and which, amongst other things, details the commercial terms of the Investment.
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Examples of Wakala Deposit Form in a sentence

  • For the avoidance of doubt, if the Customer requests liquidation or termination of the Investment prior to the relevant Investment Maturity Date, the Bank may liquidate or terminate the Investment and in such circumstances the Bank shall be entitled, in addition to the Wakala fee, a Performance Incentive (out of actual realized Wakala Profit) calculated in accordance with terms set out in the Wakala Deposit Form.

  • The Customer wishes to appoint the Bank to act as his agent and to invest the Customer’s funds in the Wakala Pool on an unrestricted Wakala basis in accordance to the Principles of Sharia and the Bank is willing to accept such appointment on the terms of the Wakala Deposit Form and these Terms & Conditions (which shall be read and construed together and shall together constitute the “Agreement”).

  • If the actual profit from the deployment of the Investment Amount exceeds the expected anticipated profit (set out in the Labour Guarantee Wakala Deposit Form), Siraj Finance shall be entitled to retain any such excess amount as a performance incentive.

  • The Customer wishes to appoint the Bank to act as his agent and to invest the Customer’s funds in the Wakala Pool on an unrestricted Wakala basis in accordance withthe Principles of Sharia and the Bank is willing to accept such appointment on the terms of the Wakala Deposit Form and these Terms & Conditions for Wakala Deposits (which shall be read and construed together and shalltogether constitute the “Agreement”).

  • The Customer will execute a duly filled Labour Guarantee Wakala Deposit Form (in the form provided by Siraj Finance) for the Investment Amount.

  • Following liquidation (on actual or constructive liquidation basis on the Investment Maturity Date or on the relevant Profit Payment Date), the Siraj Finance shall transfer the maturity proceeds of the Investment, on the maturity date in accordance with the terms set out in the Labour Guarantee Wakala Deposit Form.

  • For the avoidance of doubt, the Agreement means Wakala Deposit Form and the Terms & Conditions for Wakala Deposits.

Related to Wakala Deposit Form

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Transfer Agent Instruction Letter means the letter from the Company to the Transfer Agent which instructs the Transfer Agent to issue Underlying Shares pursuant to the Transaction Documents, in the form of Exhibit B attached hereto.

  • Assignment Form means the assignment form attached as Annex 2 hereto.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form for use by the Corporation Shareholders with respect to the Arrangement;

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Certificate of deposit means an instrument containing an acknowledgment by a bank that a sum of money has been received by the bank and a promise by the bank to repay the sum of money. A certificate of deposit is a note of the bank.

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Escrow Instructions has the meaning ascribed to such term in Section 4.3.

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

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

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Non-Bank Certificate has the meaning specified in Section 3.01(b).

  • Deposit Taker means the licensed deposit taker detailed in the relevant Addendum.

  • Transfer Instruction is a specific information provided for a transfer to be made that you provide to the Account to Account Transfer Service for a transfer of funds.

  • Wire Transfer means a payment in immediately available funds by wire transfer in lawful money of the United States of America to such account or accounts as shall have been designated by notice to the paying party.

  • Deposit-type contract means contracts that do not incorporate mortality or morbidity risks and as may be specified in the valuation manual.

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

  • Transfer Instructions are the information that you provide when using the Service. “Us,” “We,” and “Our” means Credit Union.

  • Bid Declaration Form means a declaration by the Bidders in form as specified in Annexure III of this E-Auction Process Information Document;

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Investment Form means a standardized form prescribed by the Management Company to be duly filled by the investor to purchase Units and will be stated in this Offering Document.