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 has the meaning assigned to such term in the UCC.

Examples of Deposit Account in a sentence

SVB may debit any of Borrower’s deposit accounts maintained with SVB, including the Designated Deposit Account, for principal and interest payments or any other amounts Borrower owes SVB when due under the Loan Documents.
The Lender making available any Loan shall disburse the proceeds of such Loan by wire transfer to Borrower at the account specified in the Funding Certificate for such Loan (or, in the case of SVB, the Designated Deposit Account).
The Landlord acknowledges receipt of the Deposit from the Tenant and must pay it into the Deposit Account.
Following the repayment of the whole of the Deposit Balance, the Landlord must close the Deposit Account.
The Tenant must pay to the Landlord on demand such further sums as may be required to ensure that the Deposit Balance is at all times equal to the Minimum Balance, including following any increase in the Minimum Balance after a review of the yearly rent.10 The Landlord must pay any sums received from the Tenant under clause 5.4 into the Deposit Account and they will form part of the Deposit Balance.

More Definitions of Deposit Account

Deposit Account means any deposit account (as that term is defined in the Code).

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 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 Borrower.

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 shall have the meaning set forth in Article 9 of the UCC.

Deposit Account means the account referred to in Section 2.02 (b) of this Agreement;

Deposit Account. “Documents”, “Equipment”, “Fixtures”, “General Intangibles”, “Goods”, “Instruments”, “Inventory”, “Investment Property”, “Letter-of-Credit Rights”, “Noncash Proceeds”, “Payment Intangibles”, “Proceeds”, “Promissory Notes”, “Security”, “Record”, “Security Account”, “Software”, and “Supporting Obligations”.