Deposit definition
Examples of Deposit in a sentence
If the Deposit Holder has already drawn the interest, the amount of interest issued in advance will be deducted from the deposit amount.
In case any one or more of the provisions contained in this Deposit Agreement or in the Receipts should be or become invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein or therein shall in no way be affected, prejudiced or disturbed thereby.
Upon such termination, University will retain the entire Deposit, as liquidated damages but not as a penalty, but student will not be charged for University housing fees for any subsequent academic terms.
The Certificate Distribution Account shall be maintained as an Eligible Deposit Account.
The reimbursement provided for in this Section shall be for the account of Unitholders of record at the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period.