Deposit definition

Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.
Deposit means assurance provided by a customer in the form of cash, surety bond or bank letter of credit to be held by BellSouth.
Deposit means a sum of money deposited with the Competition as part of the requirements of membership of the Competition.

Examples of Deposit in a sentence

  • If Landlord transfers its interest in the Premises, Landlord will assign the Security Deposit to the transferee and, upon such transfer and the delivery to Tenant of an acknowledgement of the transferee’s responsibility for the Security Deposit as provided by Law, Landlord thereafter shall have no further liability for the return of the Security Deposit.

  • In the event of such termination, Landlord shall return to Tenant the Security Deposit and the Prepaid Rent within ten (10) days after the date of such termination, which obligation shall survive termination of this Lease.

  • Following any such application of the Security Deposit, Tenant shall pay to Landlord on demand the amount so applied in order to restore the Security Deposit to its original amount.

  • Each reduction in the Security Deposit will be applied by Landlord to Tenant’s next accruing installments of Basic Rent hereunder.

  • For the avoidance of doubt, no Initial Interest Deposit Amount will be due and owing if (i) the initial Distribution Date does not occur in February or March, or (ii) if the initial Distribution Date occurs in February during a leap year.


More Definitions of Deposit

Deposit has the meaning set forth in Section 3.2.
Deposit means the amount set out and referred to as the deposit in the Acceptance Form (and that is separately set out in the Schedule of Fees);
Deposit has the meaning set forth in Section 2.2(a).
Deposit means any advance payment required by the Supplier in relation to the Hire Goods which is to be held as security by the Supplier;
Deposit shall have the meaning given that term in Section 3.02(a).
Deposit means a deposit with the Society by any Person and includes a loan to the Society and a subordinated deposit (that is, a deposit which, on a winding up, would fall to be repaid only after repayment in full had been made to the holders of Shares other than Deferred Shares);
Deposit means a credit balance which results from funds left in an account or from temporary situations deriving from normal banking transactions and which a credit institution is required to repay under the legal and contractual conditions applicable, including a fixed term deposit and a savings deposit, but excluding a credit balance where: