Aggregate Deposit definition

Aggregate Deposit shall have the meaning set forth in Section 1(b).
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Aggregate Deposit means 20% of the Vessel Purchase Price applicable to the Vessels to be Delivered, which amount shall be deposited in a joint interest-bearing account at the Initial Closing in accordance with the terms and conditions of each respective MOA applicable to each such Vessel to be Delivered.
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Aggregate Deposit shall have the meaning given such term in Section 10.3."
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Examples of Aggregate Deposit in a sentence

  • The purpose of the Aggregate Deposit Overlay Zone is to protect medium and high quality aggregate deposits from incompatible development.

  • Unless otherwise agreed between BEA and the Customer, the contract between BEA and the Customer in respect of a Linked Deposit is conditional upon acceptance by BEA of requests in respect of Linked Deposits with identical terms from other Customers within a reasonable period of time so that the aggregate of the Deposit Amounts in respect of such Linked Deposits is equal to or greater than the Minimum Aggregate Deposit Amount.

  • Developing Aggregate Deposit The Contractor shall carefully clear the area, from which aggregates are to be taken, of trees, roots, brush, sod, soil, unsuitable sand and gravel or aggregates, and other objectionable matter.

  • Eligible New Funds are calculated on the closing daily balance of the Eligible Account and your Eligible New Funds amount will adjust corresponding to changes (deposits and/or withdrawals) in your Aggregate Deposit Balance.

  • The Aggregate Deposit is the sum of the primary account holder’s Average Daily Balance of all Personal accounts and the balance of all the Time Deposits as of the end of the statement cycle.

  • Unless otherwise agreed between the Bank and the Customer, the contract between the Bank and the Customer in respect of a Linked Deposit is conditional upon acceptance by the Bank of requests in respect of Linked Deposits with identical terms from other Customers within a reasonable period of time so that the aggregate of the Deposit Amounts in respect of such Linked Deposits is equal to or greater than the Minimum Aggregate Deposit Amount.

  • At 9:00 a.m. Eastern Time on the morning of the Closing (or earlier, to the extent reasonably practicable), Purchaser shall cause Parent (as servicer in the Program) to deliver to Seller and Purchaser a statement, in form and substance reasonably acceptable to Seller and Purchaser (the “Pre-Closing Statement”), showing the computation of the Pre-Closing Aggregate Deposit Balance.

  • Not later than one (1) Business Day following the determination of the Final Aggregate Deposit Balance, (i) if the Pre-Closing Aggregate Deposit Balance is less than the Final Aggregate Deposit Balance, then Seller shall deliver to Purchaser the amount of such deficit, and (ii) if the Pre-Closing Aggregate Deposit Balance is greater than the Final Aggregate Deposit Balance, then Purchaser shall deliver to Seller the amount of such excess.

  • Purchaser shall cooperate with any such reasonable requests from Seller, and to deliver to Seller a statement (in form and substance reasonably acceptable to Seller and Purchaser) (the “Final Statement”) showing the computation of the Preliminary Final Aggregate Deposit Balance together with a reconciliation to the Pre-Closing Aggregate Deposit Balance.

  • Real Gross Domestic Product And Aggregate Deposit Money Banks’ Credits To The Private Sector In Nigeria (1981 – 2011), (NM).Year Real Gross Domestic Aggregate Deposit Money Bank Credits to Product (NM) Col.1Private Sector (NM) Col.


More Definitions of Aggregate Deposit

Aggregate Deposit means the “Deposit Amount,” as defined in the Asset Purchase Agreement.
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Aggregate Deposit has the meaning assigned thereto in Section 2.5(b).
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Related to Aggregate Deposit

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

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

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

  • Aggregate Debt means the sum of the following as of the date of determination: (1) the lesser of (A) the then outstanding aggregate principal amount of the Indebtedness of the Company and its Domestic Restricted Subsidiaries incurred after the Issue Date and secured by Liens not permitted under Section 4.09(a) and (B) the fair market value of the assets subject to the Liens referred to in clause (A), as determined in good faith by the Board of Directors; (2) the then outstanding aggregate principal amount of all consolidated Indebtedness of the Company and its Domestic Restricted Subsidiaries that constitutes Subsidiary Debt incurred after the Issue Date and not permitted under Section 4.07(b); provided, that any such Subsidiary Debt will be excluded from this clause (2) to the extent that such Subsidiary Debt is included in clause (1) or (3) of this definition; and (3) the then existing Attributable Liens of the Company and its Domestic Restricted Subsidiaries in respect of sale and lease-back transactions entered into after the Issue Date pursuant to Section 4.08(b); provided, that any such Attributable Liens will be excluded from this clause (3) to the extent that such Indebtedness relating thereto is included in clause (1) or (2) of this definition. For the avoidance of doubt, in no event will the amount of Indebtedness (including Guarantees of such Indebtedness) be required to be included in the calculation of Aggregate Debt more than once despite the fact that more than one Person is liable with respect to such Indebtedness and despite the fact that such Indebtedness is secured by the assets of more than one Person.

  • 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).

  • the Deposit means 10% of the Purchase Price;

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Aggregate Capital means, on any date of determination, the aggregate amount of Capital of all Purchaser Interests outstanding on such date.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Aggregate Debt Service means, with respect to any particular period of time, the sum of (a) the Debt Service, (b) the Mortgage Debt Service and (c) the Other Mezzanine Debt Service.

  • Aggregate Funded Spread As of any Measurement Date, the sum of: (a) in the case of each Floating Rate Obligation (other than a Defaulted Obligation) that bears interest at a spread over a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Notes (including, for any Permitted Deferrable Obligation, only the excess of the required current cash pay interest required by the Underlying Documents thereon over the applicable index and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation), (i) the stated interest rate spread paid in Cash on such Collateral Obligation above such index multiplied by (ii) the Principal Balance of such Collateral Obligation; provided that (i) with respect to any Floor Obligation, the stated interest rate spread paid in Cash on such Collateral Obligation over the applicable index shall be deemed to be equal to the sum of (x) the stated interest rate spread paid in Cash over the applicable index and (y) the excess, if any, of the specified “floor” rate relating to such Collateral Obligation over the greater of zero and the applicable index and (ii) the interest rate of each Step-Up Obligation will be deemed to be its current rate of interest and the interest rate of each Step-Down Obligation will be deemed to be the lowest rate of interest that such Collateral Obligation will by its terms pay in the future solely as a function of the passage of time; and (b) in the case of each Floating Rate Obligation (including, for any Permitted Deferrable Obligation, only the required current cash pay interest required by the Underlying Documents thereon and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation) that bears interest at a spread over an index other than a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Notes, (i) the excess of (x) the sum of such spread and the greater of such index or any applicable floor paid in Cash over (y) the Benchmark applicable to the Floating Rate Notes as of the immediately preceding Interest Determination Date (which spread or excess may be expressed as a negative percentage) multiplied by (ii) the Principal Balance of each such Collateral Obligation.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

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

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

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

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Aggregate Outstanding Principal Amount means the sum of the Outstanding Principal Amounts with respect to all Series of Notes.

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.