Depositee definition

Depositee. (or “bailee”) means a person (warehouse operator) to whom goods are delivered for deposit and who issues the warehouse receipt.
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Depositee means the bank (as the debtor) with whom the deposit account is established to hold the money on deposit.
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Depositee and each such issuance being a "Transaction").
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Examples of Depositee in a sentence

  • The Depositee shall not be bound to do more than returning the number of boxes included in the inventory.

  • The Depositor shall also commit to obtain a 'waiver of recourse' from the insurer, on behalf of the Depositee.

  • The reason for the price change must be communicated to theDepositor by the Depositee, when the Depositee is notified of it.

  • The Depositee shall be bound to return the Goods to the Depositor or his legal successors in the same external condition as the one in which he received the Goods.The inventory shall be returned to the Depositee when the Goods are definitively picked up and before the Goods leave the Depositee’ s building.

  • The Depositee may only apply price changes that concern legislative amendments, imposed labor agreements, modified fuel and transportation related costs, transportation tariffs and exchange rates.

  • The Depositee shall provide all necessary amenities to the Depositor to allow him to check the contents and the condition of his stored Goods, prior to their return.

  • Destruction of Confidential Documents RULE 2 BAR COUNSEL(a) Appointment(b) Powers and Duties(c) Advisory Opinions(d) Ex Parte Communication(e) Successive Employment(f) Recusal(g) Continuing Legal Education Lectures RULE 3 CENTRAL INTAKE(a) Functions(b) Powers and Duties * A separate version of these Rules containing Reporter’s Notes is available on the Maine Judicial Branch website.

  • Except in the case of Force Majeure and in the cases described below in the articles 10.4, 10.5, 10.6 and 10.7, the Depositee shall be liable for loss and damage caused to the stored Goods.

  • Depositee shall have the right to engage an enterprise affiliated to the company of the depositee (an enterprise that ispart of the group of companies including the enterprise of the depositee) to perform services not being cold-storage or processing services (such as transport services) ordered by the depositor.

  • Any offers made by the Depositee, any issued Quotations, concluded agreements and the performance thereof, including any (legal) actions carried out as part thereof, shall be governed by these BCR Safekeeping Terms & Conditions.


More Definitions of Depositee

Depositee means the financial institution at which the Collections Account is opened.
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Related to Depositee

  • Redemption Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Escrow Paying Agent Means the Person acting as paying agent under the Escrow Agreement.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.

  • Global Receipt Depository means, with respect to any Receipt issued hereunder, DTC or such other entity designated as Global Receipt Depository by the Corporation in or pursuant to this Deposit Agreement, which entity must be, to the extent required by any applicable law or regulation, a clearing agency registered under the Securities Exchange Act of 1934, as amended.

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Expense Fund has the meaning set forth in Section 10.20(d).

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Deposit Taker shall have the meaning assigned to it in the Pledge Agreement.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Exchange Agent has the meaning set forth in Section 3.02(a).

  • Deposited Property means the Deposited Securities and any cash and other property held on deposit by the Depositary and the Custodian in respect of the ADSs under the terms of the Deposit Agreement, subject, in the case of cash, to the provisions of Section 4.8. All Deposited Property shall be held by the Custodian, the Depositary and their respective nominees for the benefit of the Holders and Beneficial Owners of the ADSs representing the Deposited Property. The Deposited Property is not intended to, and shall not, constitute proprietary assets of the Depositary, the Custodian or their nominees. Beneficial ownership in the Deposited Property is intended to be, and shall at all times during the term of the Deposit Agreement continue to be, vested in the Beneficial Owners of the ADSs representing the Deposited Property.

  • Book-Entry Custodian The custodian appointed pursuant to Section 5.01.

  • Member Account means the regular account and the variable account.

  • Close financial association means an association in which the person filing shares significant financial involvement with an individual and the filer would reasonably be expected to be aware of the individual's business activities and would have access to the necessary records either directly or through the individual. "Close financial association" does not mean an association based on (i) the receipt of retirement benefits or deferred compensation from a business by which the person filing this statement is no longer employed, or (ii) the receipt of compensation for work performed by the person filing as an independent contractor of a business that represents an entity before any state governmental agency when the person filing has no communications with the state governmental agency.

  • Depositary Shares means the depositary shares, each representing 1/40th of a share of the Stock and evidenced by a Receipt.

  • Deposited Securities as of any time shall mean Shares at such time deposited or deemed to be deposited under this Deposit Agreement, including without limitation, Shares that have not been successfully delivered upon surrender of American Depositary Shares, and any and all other securities, property and cash received by the Depositary or the Custodian in respect of Deposited Securities and at that time held under this Deposit Agreement.

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Adult entertainment establishment means any of the following:

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

  • Securities Depositories means DTC; and, in accordance with then current guidelines of the Securities and Exchange Commission, such other addresses and/or such other securities depositories as the District may designate in a Written Request of the District delivered to the Paying Agent.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Subscription Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;