Deposit Contract definition

Deposit Contract means the deposit contract and/or related deposit disclosures, including disclosures required by state or federal law, which will be provided to Users online in connection with the User Accounts. Deposit Contracts and related disclosures are subject to the review and approval of Bancorp.
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Examples of Deposit Contract in a sentence

  • While remitting, the bidder must indicate “Security Deposit/ Contract Performance Guarantee against FOA/DLOA/PO no.

  • In this Term Deposit Contract, except as defined below, the capitalized terms and expressions set out on the previous pages have the meaning set out therein.

  • If Early Redemption is not permitted by the terms of this Term Deposit Contract, the Depositor may, by giving 30 days’ notice in writing, or such lesser time as the Financial Institution may permit, request the Financial Institution to permit redemption before the end of the term.

  • Interest shall be paid in the manner noted in the Term Deposit Details section on the attached Term Deposit Contract Application or if no manner of payment has been selected, interest shall be paid in the manner chosen by the Financial Institution payable to the Depositor, and if more than one person constitutes the Depositor, to all such persons jointly.

  • This Term Deposit Contract will be enforced to the fullest extent permitted by applicable law.

  • When the Financial Institution transfers or repays this deposit in the above manner, interest under this Term Deposit Contract immediately stops.

  • No waiver by the Financial Institution of any breach of or default under this Term Deposit Contract shall be deemed to be a waiver of any preceding or subsequent breach or default.

  • Any advice, information, or statements provided by the Financial Institution or its service providers, agents, or their representatives, whether oral or written, will not create any representation, warranty, or condition or vary or amend this Term Deposit Contract, including the above liability exclusions, liability limitations, release and indemnity provisions, and the Depositor may not rely upon any such advice or information.

  • The Financial Institution will pay interest on this deposit from the Issue Date in accordance with the interest rate stated in the Term Deposit Details section on the attached Term Deposit Contract Application, or in the case of Early Redemption, if permitted, the applicable reduced interest rate stated in the Term Deposit Details section on the attached Term Deposit Contract Application from the Issue Date to the date of redemption.

  • The Financial Institution may pay interest on any remaining deposit balance at the original interest rate set out in the Term Deposit Details section on the attached Term Deposit Contract Application.