Deposit Accounts definition

Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

Deposit Accounts means, collectively, with respect to each Pledgor, (i) all “deposit accounts” as such term is defined in the UCC and in any event shall include the LC Account and all accounts and sub-accounts relating to any of the foregoing accounts and (ii) all cash, funds, checks, notes and instruments from time to time on deposit in any of the accounts or sub-accounts described in clause (i) of this definition.

Deposit Accounts means all “deposit accounts” as such term is defined in the Code, now or hereafter held in the name of any Credit Party.

Examples of Deposit Accounts in a sentence

• If available as an option, you may also provide us an external bank account through your Account (a “Linked Account”, and together with the Deposit Accounts, the “Funding Accounts”) to pay all or a portion of your Account Statement balance.

• If you fail to pay the full Account Statement balance amount on time from your Deposit Accounts, we may attempt to collect the unpaid balance from your Linked Account, whether or not your Linked Account is currently connected to your Card Account.

• Auto-Renewable Investment Deposit Accounts or other deposit accounts shall be classified as “Inactive: Eligible for Dormancy” if the Customer did not make a financial transaction on a deposit account and/or Current account/Savings account for a period of 1 year (counting from the first maturity date of such deposit account) and the account is not blocked based on instructions of regulatory bodies (UAE CB, Court, etc.).

• Inactivity Timeframes:‌ • Demand Deposit Accounts – 1 year • Savings Accounts – 1 year • Official Bank Checks or Money Orders– 1 year If you re-activateyourAccount, we will not reimburseyou for anyfees and we are not liableto youforanyinterestthatwould otherwise have accrued inyourAccount.

• The Loan Parties shall not permit the aggregate amount of Qualified Cash in Deposit Accounts or Securities Accounts located in the United States as of each Interest Payment Date (after giving pro forma effect to the interest payment due and payable on such date) to be less than $27,000,000.

More Definitions of Deposit Accounts

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

Deposit Accounts. (i) shall mean all “deposit accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Deposit Accounts” (as such schedule may be amended or supplemented from time to time).

Deposit Accounts shall have the meaning given to such term in the UCC.

Deposit Accounts means all present and future “deposit accounts” (as defined in Article 9 of the UCC).

Deposit Accounts means all present and future “deposit accounts” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all general and special bank accounts, demand accounts, checking accounts, savings accounts and certificates of deposit.

Deposit Accounts means all present and future “deposit accounts” as defined in the California Uniform Commercial Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all general and special bank accounts, demand accounts, checking accounts, savings accounts and certificates of deposit.

Deposit Accounts means all “deposit accounts” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.