XXX Deposits definition

XXX Deposits shall have the meaning set forth in Section 3.2(f).
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XXX Deposits has the meaning set forth in Section 2.1(g).
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XXX Deposits means any Deposits under which Seller acts as trustee or custodian associated with a trust or custodianship created for the exclusive benefit of an individual or his beneficiaries in accordance with the provisions of Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Internal Revenue Code.
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Examples of XXX Deposits in a sentence

  • If any such delegation is made to Purchaser (or such Affiliate), Purchaser (or such Affiliate) will perform all of the duties so delegated and comply with the terms of Seller’s agreement with the depositor of the XXX Deposits affected thereby.

  • At the Effective Time, Buyer shall accept appointment as custodian with respect to such XXX Deposits and shall perform all of the duties so transferred and comply with the terms of Seller’s agreement with the Depositor of the XXX Deposits affected thereby.

  • With respect to XXX Deposits, Seller shall use commercially reasonable efforts to take appropriate action to appoint Buyer as successor custodian of all such XXX Deposits effective as of the Closing Date, including, but not limited to, sending to the Depositors thereof appropriate notices, and filing any appropriate applications with applicable regulatory authorities.

  • If any such delegation is made to Purchaser, Purchaser will perform all of the duties so delegated and comply with the terms of Seller’s agreement with the depositor of the XXX Deposits affected thereby.

  • Effective as of the Closing Date, Buyer will accept appointment as custodian with respect to such XXX Deposits and will perform all of the duties so transferred and comply with the terms of Seller's agreement with the depositor of the XXX Deposits affected thereby.

  • With respect to Deposits that are individual retirement accounts created by a trust for the exclusive benefit of an individual or his or her beneficiaries in accordance with the provisions of Section 408 of the IRC ("XXX Deposits") as to which Seller is the custodian or trustee, Seller will appoint Purchaser as successor custodian of all such XXX Deposits pursuant to a form of appointment acceptable to Seller and Purchaser.

  • With respect to Deposits that are individual retirement accounts created by a trust for the exclusive benefit of an individual or his or her beneficiaries in accordance with the provisions of section 408, section 530 and section 408A of the Code (“XXX Deposits”), Seller will appoint Purchaser as successor custodian of all such XXX Deposits, including but not limited to, sending to the depositors thereof appropriate notices, and filing any appropriate applications with applicable regulatory authorities.

  • As of the close of business on the Closing Date, Purchaser will accept appointment as custodian with respect to such XXX Deposits and will perform all of the duties so transferred and comply with the terms of Seller’s agreement with the depositor of the XXX Deposits affected thereby.

  • At the Effective Time, Buyer will accept appointment as custodian with respect to such XXX Deposits and will perform all of the duties so transferred and comply with the terms of Seller’s agreement with the Depositor of the XXX Deposits affected thereby.

  • Residential subdivisions were built around Lake Tapps beginning in 1940.


More Definitions of XXX Deposits

XXX Deposits has the meaning set forth in Section 4.2.
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XXX Deposits has the meaning set forth in Section 4.2. ------------ -----------
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Related to XXX Deposits

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • 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).

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Initial Reserve Account Deposit means $3,250,000.

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

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

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

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

  • 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 [*];

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Reserve Fund Deposit With respect to the Reserve Fund, an amount equal to $5,000, which the Depositor shall initially deposit into the Reserve Fund pursuant to Section 3.21 hereof.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Required Reserve Fund Deposit With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Aggregate Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date; provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of Offered Certificates, the Class B1 Certificates and the Class B2 Certificates has been reduced to zero, the Required Reserve Fund Deposit shall be zero.

  • 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).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Assumed Deposits means Deposits.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;