"DEPOSIT CHARGE definition

"DEPOSIT CHARGE means a deposit charge by the Borrower in favour of the Bank in a form acceptable to the Bank over all right, title and interest of the Borrower in and to a cash deposit deposited by the Borrower with the Bank, securing all liabilities of the Obligors to the Bank from time to time;

Examples of "DEPOSIT CHARGE in a sentence

  • SCHEDULE "A" to the Administration Services Agreement dated for reference the 1st day of January, 2005 ------------------------------------------------------------------------------------------------------------------------- INITIAL MONTHLY NAME OF NOMINEE PUBCO DEPOSIT CHARGE GGM DIRECTOR SIGNATURE AND DATE ------------------------------------------------------------------------------------------------------------------------- Golden Arrow Resources Corp.