Equity Linked Deposit definition

Equity Linked Deposit means a Linked Deposit made under the Terms where the Underlying is a share or shares;
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Equity Linked Deposit or “ELD” means an equity-linked deposit of a type which the Bank may, from time to time, make available subject to these Investment Terms and Conditions.
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Equity Linked Deposit means an asset-linked deposit made under these Specific Terms where the Underlying is a share or shares.
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Examples of Equity Linked Deposit in a sentence

  • In relation to an Equity Linked Deposit, an exchange on which the Underlying is listed or any futures or options contract relating to the Underlying is listed.

  • In relation to an Equity Linked Deposit, one of the following events occurs: v The issuer of the Underlying (the “Issuer”) offers by way of rights a new issue of shares to existing shareholders.

  • In relation to an Equity Linked Deposit, one of the following events occurs: ❖ The issuer of the Underlying (the “Issuer”) offers by way of rights a new issue of shares to existing shareholders.

  • The Bank may in its sole and absolute discretion accept an application for an Equity Linked Deposit from the Customer on such terms as the Bank in its sole discretion thinks fit.

  • If the Bank determines that the scheduled Determination Date in respect of an Equity Linked Deposit is a Disrupted Day, the Determination Date will be postponed to the first succeeding Exchange Business Day on which it is not a Disrupted Day, unless each of the eight Exchange Business Days immediately following the scheduled Determination Date is a Disrupted Day.

  • Where there is any inconsistency between these Terms and Conditions and the Confirmation in respect of an Equity Linked Deposit, the Confirmation will prevail for the purposes of the relevant Equity Linked Deposit.

  • The Agreement for an Equity Linked Deposit may be presented in both the English and Chinese languages and both languages shall bear equal weight.

  • Board of educational finance commission on higher education administratively attached to department of finance and administration.

  • You cannot early terminate the Equity Linked Deposit after your Equity Linked Deposit order is accepted by us on the Trade Date.

  • The Customer may from time to time make an application for an Equity Linked Deposit with the Bank.


More Definitions of Equity Linked Deposit

Equity Linked Deposit means an equity linked deposit constituted by these Terms and Conditions and the relevant Confirmation.
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Related to Equity Linked Deposit

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Linked Account means any controlled disbursement account or other deposit account at any time linked to any of the Collection Accounts maintained at Truist Financial Corp. by a zero balance account connection or other automated funding mechanism.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Credit life insurance means insurance on the life of a debtor in connection with

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (i) the amount of cash or other immediately available funds in the Reserve Account on such Payment Date (prior to giving effect to any withdrawals therefrom relating to such Payment Date) over (ii) the Specified Reserve Balance with respect to such Payment Date.

  • Liquidity Account Initial Date means, with respect to any Series, the date designated as the Liquidity Account Initial Date in the Appendix for such Series.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.