Deposit Taker definition

Deposit Taker means the licensed deposit taker detailed in the relevant Addendum.
Deposit Taker shall have the meaning assigned to it in the Pledge Agreement.
Deposit Taker for BNPLC shall mean BNPLC's Parent and for each Participant shall mean the Participant itself; provided, that each of BNPLC and the Participants, for itself only, may from time to time designate another Deposit Taker as provided in Sections 4.4 and 4.5 below.

Examples of Deposit Taker in a sentence

  • We will hold money we receive from you for investment in our client account until we make payment to the Deposit Taker to be invested in the Deposit Account.

  • The Deposit will be held on deposit by the Deposit Taker in the Deposit Account until the Maturity Date unless terminated earlier in accordance with these Terms and Conditions.

  • The Deposit Taker is authorised and regulated by the Financial Services Authority to accept deposits.

  • Deposit Taker undertakes to perform only such duties as are expressly set forth herein.

  • Therefore in the event of default by the Deposit Taker or the Plan Manager, any shortfall may be shared pro rata among all investors affected.


More Definitions of Deposit Taker

Deposit Taker means, for BTMUCLF or any Participant, an Eligible Deposit Taker designated by it to act as the Deposit Taker for it under this Agreement. BTMUCLF has already designated BTMU as the Deposit Taker for BTMUCLF hereunder. Any Participant which is an Eligible Deposit Taker will be deemed to have designated itself to act as the Deposit Taker for it, unless some other designation is expressly set forth in this Agreement. Any Participant which is not an Eligible Deposit Taker will be expected to designate BTMU or, to the extent BTMU is not an Eligible Deposit Taker, another Person which is an Eligible Deposit Taker (as reasonably approved by LRC) prior to any delivery of Cash Collateral by LRC pursuant to this Agreement. It is also understood, however, that each of BTMUCLF and any Participants, for itself only, may from time to time designate another Eligible Deposit Taker (as reasonably approved by LRC) as provided in subparagraphs 3(C) and 3(D) below.
Deposit Taker means Investec Bank plc (Irish Branch) in its capacity as deposit taker.
Deposit Taker means Nationwide Building Society or its successors or assignees. Nationwide Building Society is incorporated in England and Wales.
Deposit Taker means the licensed deposit taker detailed in the relevant Key Terms.
Deposit Taker means The Royal Bank of Scotland plc.
Deposit Taker means SG Hambros bank limited of norfolk House, 31 St. James’s Square, london, united kingdom SW1Y 4Jr, which is authorised and regulated by the Fca and entered on the Fca register with registration number 119250;
Deposit Taker means a person who, in the course of a business, may lawfully accept deposits in the United Kingdom;”;