Deposit Account definition

Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.
Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.
Deposit Account means any deposit account (as that term is defined in the Code).

Examples of Deposit Account in a sentence

  • The updated calculation of the Minimum Balance Amount as set forth herein shall apply to the amount held in the Deposit Account after the consummation of the transactions contemplated in conjunction herewith.


More Definitions of Deposit Account

Deposit Account has the meaning assigned to such term in the UCC.
Deposit Account as defined in the Uniform Commercial Code of any applicable jurisdiction and, in any event, including, without limitation, any demand, time, savings, passbook or like account maintained with a depositary institution.
Deposit Account shall have the meaning set forth in Article 9 of the UCC.
Deposit Account means a demand, time, savings, passbook, or similar account maintained with a bank. The term does not include investment property or accounts evidenced by an instrument.
Deposit Account means a “deposit account” (as defined in Article 9 of the UCC), an investment account, or other account in which funds are held or invested for credit to or for the benefit of any Credit Party.
Deposit Account means the account referred to in Section 2.02 (b) of this Agreement;
Deposit Account any deposit account (as such term is defined in Article 9 of the UCC).