Examples of Depository Bank in a sentence
No later than ten (10) Business Days after the Effective Date, Google shall deposit the amount of sixty-seven million five hundred thousand United States dollars (U.S. $67.5 million) (the “Final Settlement Deposit”) in the Settlement Fund by wire transfer to the Depository Bank.
Should the Procuring Entity opt for payment thru check, it shall be released to the Authorized Government Depository Bank in favor of the Supplier in accordance with the terms provided below after the approval of the Contract by the HOPE and the issuance of the Notice of Cash Allocation.
The Settlement Fund is intended as, and shall be, a separate escrow fund of moneys held at Depository Bank and shall qualify as a “qualified settlement fund” within the meaning of Treasury Regulation Section 1.468B-1.
No later than ten (10) Business Days after the Settlement Agreement Date, Google shall deposit the amount of twelve million United States dollars (U.S. $12 million) (the “Initial Settlement Deposit”) into an interest bearing escrow account by wire transfer to the Depository Bank.
Attorneys’ fees and expenses consistent with this Section 5.5 (Attorneys’ Fees) that are granted by the Court shall be paid by the Depository Bank within ten (10) Business Days after the Effective Date by wire transfer to counsel for the Author Sub-Class.