Deposit Value definition
Examples of Deposit Value in a sentence
If at any time the Minimum Deposit Value falls below this amount, Debtor shall within 3 business days, deliver additional cash Collateral to Bank in an amount sufficient to restore the Minimum Deposit Value to the required amount.
At a minimum, the Village will apply the value of accrued sick leave (Deposit Value) into an employee’s RHS Plan account at retirement.
Employees must apply the entire value of accrued sick leave to their plan account based on the following formula: Deposit Value = Number of sick leave hours (shifts) x Dollar hourly value.
In addition, on a quarterly basis and so long as no Default has occurred and is then continuing, the Bank shall permit Debtor to withdraw interest earned on the Assigned Deposits provided that, after giving effect to such interest withdrawal, the Minimum Deposit Value is maintained.
As the outstanding face amount of any such letters of credit is reduced as provided therein and provided no Default has occurred and is then continuing, upon written request of Debtor contained in a Certificate of Reduction, Bank shall permit amounts on deposit in the Assigned Deposits to be withdrawn by Debtor provided that after giving effect to such withdrawal the Minimum Deposit Value is maintained.
The amount of the Assigned Deposits shall at all times exceed 102.5% (the "Minimum Deposit Value") of the amount available for drawing under all outstanding letters of credit issued by Bank for the account of Debtor.
The amount of the Assigned Deposits shall at all times be in an amount not less than the aggregate amount available for drawing under all outstanding letters of credit issued by Bank for the account of Debtor and for the benefit of ▇▇▇▇▇▇▇ (the "Minimum Deposit Value").
During the Award Period: IBKR will grant Shares to the Referred Client's IBKR account based on cash or the net fair market value of assets deposited into the Referred Client's account ("Deposit Value"), with $1 worth of Shares granted for each $100 in Deposit Value.
The Asset Billing Range shall be the lesser of the Current Portfolio Value and the Net Deposit Value (as defined below) as of the date of calculation.
The amount of the Assigned Deposits shall at all times be in an amount not less than the aggregate amount available for drawing under all outstanding letters of credit issued by Bank for the account of Debtor and for the benefit of Pine Ridge (the "Minimum Deposit Value").