Depository Banks definition

Depository Banks has the meaning assigned to that term in subsection 2.4(A)(1).

Depository Banks has the meaning specified in Section 6.10. ----------------

Depository Banks means any of the banks listed in Schedule D;

Examples of Depository Banks in a sentence

• If requested by the Secured Party, the Debtor shall also obtain a blocked account, lockbox or similar agreement with all or certain Depository Banks.

• Dedicated margin accounts opened with designated branches of Designated Depository Banks, as required by the Exchange, shall be used as Member’s dedicated fund accounts.

• Each Member shall，depending on business needs, open dedicated margin accounts in various currencies with one or more Designated Depository Banks to deposit margin and relevant funds.

• The Exchange, Members, OSPs, Overseas Intermediaries, Clients, Designated Depository Banks and their employees thereof shall abide by the Clearing Rules.

• Following the margin call, the Exchange may instruct Designated Depository Banks to debit the funds from the Member’s dedicated fund account and credit the funds to the Exchange’s dedicated settlement account.

More Definitions of Depository Banks

Depository Banks as defined in subsection 5.5(a).

Depository Banks means National City Bank and JX Xxxxxx Cxxxx Bank, N.A., as depositories and holders of the DDR Accounts, and any subsequent or replacement holders thereof.

Depository Banks means Bank One N.A. and any other bank from time to time party to a Depository Agreement.

Depository Banks has the meaning set forth in Section 2.3(a). -----------------

Depository Banks means the Income Tax Depository Bank and the Wagering Tax Depository” means Comerica Bank and any successor thereto.

Depository Banks. The banks designated by the Borrower from time to time to hold the Eligible Cash deposits and acceptable to the Agent (initially being Wellx Xxxgo Bank, N.A.).

Depository Banks means the meaning set forth in Section 4.1 hereof.