Deposit Certificate definition
Examples of Deposit Certificate in a sentence
Dividends on Direct Deposit Certificate Builder, Term Share Certificate Accounts, and Premium Money Market Accounts are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.
The exact quarterly interest payment dates will be listed in the Linked Deposit Certificate.
Purchaser shall pay to Seller on the Closing Date the aggregate amount of all items shown on the Deposit Certificate and the Prepaid Deposits reflected on the Deposit Certificate shall be included in the Assets.
Where the above commencement date is inconsistent with the date set forth on the Loan-to Deposit Certificate (“LDC”, or Loan Receipt), the date set forth on the LDC for the first advance of the Loan shall be the commencement date of the Term and the expiry date of the Term shall be adjusted accordingly.
For the purposes of this MOA, "CDI" means the interest rate applicable to the Interbank Deposit Certificate, calculated by the daily average rate of interbank deposits denominated "Taxa DI - operacoes extra grupo", expressed in an annual percentage, based on a 252-day year, daily published by Brazilian Custody and Financial Liquidation of Securities Center (CETIP).
FSSI may issue Deposits under this Deed at such time to such persons on such terms and conditions (not being inconsistent with the provisions of this Deed) as may be contained in or endorsed on the Deposit Certificate to be issued or otherwise, provided that no Deposits may be issued by FSSI if FSSI is in breach, or would as a result of such issue be in breach, of any of the limitations contained in clause 43.4 or any other provision of this Deed.
Unless the certificate of authentication hereon shall have been executed by an authorized officer of the Delaware Trustee, by manual signature, this Deposit Certificate shall not entitle the holder hereof to any benefit under the Trust Agreement or be valid for any purpose.
The amount required to be deposited in the Debt Payment Sub-Account pursuant to this Section 3.3(a) in connection with the DEG Loan shall be calculated on a semi-annual basis at the time of the preceding Interest Payment Date or at such other time as a Debt Service and Reserve Deposit Certificate or Correction Notice is delivered to the Trustee on the basis of the Deutsche ▇▇▇▇ to US$ exchange rate available to the Trustee in the normal course of business.
No Participant shall be entitled to transfer, assign, pledge, or otherwise encumber or dispose of any Deposit Certificate or any Shares and Warrants represented by a Deposit Certificate held by him otherwise than in accordance with Section 4.4 and Article 5 hereof without the written consent of the Depositary.
There is no right to transfer, assign, pledge or otherwise deal with this Deposit Certificate except by way of a surrender of this Certificate to the Depositary as permitted by the Deposit Agreement in connection with certain transfers of the Shares and Warrants represented by this Deposit Certificate and by the issue of a replacement Deposit Certificate as permitted in certain circumstances by the Deposit Agreement.