Collective Deposit definition

Collective Deposit means the depository service with respect to the Syariah Ijarah Bond that is jointly owned by more than one party whose interest is represented by the custodian as referred to in the Capital Market Law.
Sample 1
Collective Deposit means the depository service with respect to the Bond that is jointly owned by more than one party whose interest is represented by the custodian as referred to in the Capital Market Law.
Sample 1

Examples of Collective Deposit in a sentence

  • The main reason behind this is that the bias is sensitive to the initial setup in terms of design elements9.

  • If a share of the Company is not in a Collective Deposit with the Settlement and Depository Institution, the Company is obliged to give evidence of ownership of shares in the form of a share certificate or collective share certificate to the relevant shareholder.

  • The transfer of shares which are in Collective Deposit shall be effected by transfer from a security account to another security account with the Depository and Settlement Institution, the Custodian Bank and the Securities Company.

  • And notice that here the problem is worse, since one cannot appeal to the usual maneuver of substituting a dummy place-holder object in the gap if one is to invoke these entities to account for the unity of a proposition, since such a complex would have already to possess the kind of unity in question.

  • The Company shall pay dividend, bonus shares or other rights related to a share ownership to the Custodian Bank for the shares which are in Collective Deposit with the Custodian Bank constituting part of the securities portfolio of a Mutual Fund which is a collective investment contract and not in the Collective Deposit with the Depository and Settlement Institution.

  • The Company shall pay dividend, bonus shares or other rights related to a share ownership to the Depository and Settlement Institution for those shares which are in Collective Deposit with the Depository and Settlement Institution, and thereafter the Depository and Settlement Institution shall pay such dividend, bonus shares or other entitlements to the Custodian Bank or to the Securities Company for the interest of the respective account holders with said Custodian Bank or Securities Company.

  • Shares in the Collective Deposit on the Custodian Bank or Stock Company registered in the Stock account on the Storage and Settlement institution shall be registered in behalf of the Custodian Bank or the preferred Securities Company for the benefit of the account holder on the Custodian Bank or the Securities Company hereof.

  • A shareholder, a usufructuary and a pledgee who derive their rights from a bearer (sub-)share cannot exercise or have exercised the rights attaching to that share as long as the shares have not been delivered to an Admitted Institution for inclusion in a Collective Deposit.

  • This may Fead to FeveFs of offshore deFiverabiFity which are in excess of the entry capacity at a particuFar terminaF.

  • The delivery of bearer shares out of the Collective Deposit will only be permitted within the meaning of Article 26 paragraphs 3 or 4 of the Dutch Securities Book- Entry Transfer Act ( Wet giraal effectenverkeer).

Related to Collective Deposit

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).

  • 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.

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $3,807,950.53.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • 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).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

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

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

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

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

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Spread Account means the account designated as such, established and maintained pursuant to Section 5.1(a) of the Sale and Servicing Agreement.

  • 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 [*];

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

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

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

  • 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.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).