Common use of Brokered Deposits Clause in Contracts

Brokered Deposits. (1) The Bank may accept, renew or rollover Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank, up to twenty five percent (25%) of total deposits (total deposits as reported in the most recent Consolidated Report of Condition as of the date of this Agreement), without obtaining prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Brokered Deposits. (1) The Bank may accept, renew or rollover Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank, up to twenty five thirty percent (2530%) of total deposits (total deposits as reported in the most recent Consolidated Report of Condition as of the date of this Agreement)deposits1, without obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller.

Brokered Deposits. (1) The Bank may accept, renew renew, or rollover Brokered Deposits (as defined by 12 C.F.R. § 337.6(a)(2)) for deposit at the Bank, up to twenty five percent (25%) of total deposits (total deposits as reported in the most recent Consolidated Report of Condition as of the date of this Agreement), without Bank only after obtaining a prior written determination of no supervisory objection from the Assistant Deputy Comptroller. This written determination is not required Duetsche Bank Money Market Accounts as long as they do not exceed thirty five million ($35 million).