Deposit Broker definition

Deposit Broker means any person who brings together with credit institutions persons seeking to make deposits in return for a fee, commission or other reward;
Deposit Broker means any person who is a deposit broker as defined in section 29(g) of the Federal Deposit In- surance Act (12 U.S.C. 1831f(g)).
Deposit Broker means any person who brings together with credit institutions persons seeking to make deposits in return for a fee, commission or other reward. A deposit Broker may act for one or a number of credit institutions. The deposit Broker may not accept cash. All cheques must be made payable to the relevant credit institution.

Examples of Deposit Broker in a sentence

If Broker is holding the Security Deposit, Broker shall be responsible for timely preparing the Move-Out Statement and delivering the same to Tenant along with the balance of the Security Deposit, if any, prior to the Due Date.

As an Investment Intermediary and an Insurance Intermediary, we receive and transmit orders in relation to: Investment Business Services:• Investment Advice,• Receiving and Transmitting,• Acting as a Deposit Broker.

In the event of the breach or threatened breach by the Executive of this Article 6, the Company, in addition to all other remedies available to it at law or in equity, will be entitled to seek injunctive relief and/or specific performance to enforce this Article 6 in any court of competent jusridiction.

Notwithstanding the above, if there is a bona fide dispute over the Security Deposit, Broker may, (but shall not be required to) upon notice to all parties having an interest in the Security Deposit, interplead the funds into a court of competent jurisdiction.

HSAs Fit into Deposit Broker Exceptions Section 29 of the FDI Act contains nine exceptions to the definition of deposit broker, of which at least three are applicable to non-bank trustees and custodians of HSAs.

In addition to being a licensed mortgage broker since 2010, she has been the Company’s designated Registered Deposit Broker since 2010.

Guarantor of Lease: See Security Deposit Broker: Cornish & Carey Commercial (Landlord & Tenant) Broker's Fee or Commission, If Any, Paid By: Landlord The foregoing Basic Lease Information is hereby incorporated into and made a part of this Lease.

Mr. Hone has obtained his certification for completing the Partners, Director & Officers Course as well as the Canadian Securities Course, and has received the designation as a Registered Deposit Broker.

If Broker is holding the Security Deposit, Broker shall be responsible for timely preparing the Move-Out Inspection and delivering the same to Tenant along with the balance of the Security Deposit, if any, prior to the due date.

If the latrines are observed to meetbasic sanitation standards, a direct count of beneficiaries can be completed.


More Definitions of Deposit Broker

Deposit Broker means a deposit broker that has signed an agency contract with ResMor Trust substantially in the form of ResMor Trust’s standard form agency contract.

Related to Deposit Broker

Seller’s Broker shall have the meaning set forth in Section 9.1.
Loan broker means any person who, for compensation or gain, or in the expectation
Deposit Bank has the meaning set forth in Section 7.1.
Introducing Broker means any financial institution or advisor or legal or natural person obtaining remuneration from the Company and/or Clients for introducing Clients/interested parties to the Company.
Authorized Broker means those Brokers which are authorized to deal in Government Securities.
Principal broker means a broker who is either a real estate proprietor, a partner in a real estate partnership, or an officer in a real estate corporation.
Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.
Designated Broker means the financial services firm or other agent designated by the Company to maintain ESPP Share Accounts on behalf of Participants who have purchased shares of Common Stock under the Plan.
Approved Broker means Clarkson plc, Barry Rogliano Salles, Fearnleys, Rocca & Partners, Brax Shipbrokers AS (or any Affiliate of such person through which valuations are commonly issued) or such other shipbroker or ship valuer experienced in valuing cruise ships nominated by the Borrower and approved by the Agent.
Mortgage broker means the same as in RCW 19.146.010. A licensee or person subject to this chapter cannot receive compensation as both a consumer loan licensee making the loan and as a mortgage broker in the same transaction.
Commodity Broker means any person who engages in the business of effecting transactions in Commodity Contracts for the account of others or for his or her own account.
Associate broker means any individual licensee of the board holding a broker's license other than one who has been designated as the principal broker.
Customs Broker means that individual, partnership, entity or corporation licensed by the Canada Border Services Agency, or other authorized body, to engage in the business of a customs broker and who is named as the Customs Broker in the Agency Agreement and Power of Attorney.
Real estate broker means an individual or business entity that, with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses of, lists or offers or attempts to list, or negotiates the purchase, sale, or exchange of real estate; that negotiates the mortgage of real estate; that negotiates for the construction of a building on real estate; that leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; that engages in property management as a whole or partial vocation; that sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or that, as owner or otherwise, engages in the sale of real estate as a principal vocation.
insurance broker means a person who, by acting as the customer’s rep- resentative, arranges and/or services covered products on behalf of the cus- tomer.
Morgan Stanley Broker means a broker-dealer affiliated with Morgan Stanley.
Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.
Escrow Agent means Citibank, N.A.
inter-dealer bond broker means a person or company that is approved by the Investment Dealers Association under its By-Law No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its By-law No. 36 and its Regulation 2100 Inter-Dealer Bond Brokerage Systems, as amended;
Escrow Bank has the meaning specified in Section 2.15(c).
Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.
Approved Brokers means such firm of insurance brokers, appointed by the Owner, as may from time to time be approved by the Bank in writing for the purposes of this Schedule;
Depository Bank has the meaning set forth in the Preamble.
Broker means any person engaged in the business of effecting transactions in securities for the account of others.
Deposit Escrow Agreement shall have the meaning set forth in Section 3.2(a).
Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.