Fixed Deposit(s) definition

Fixed Deposit(s) means any time deposits placed by the Customer(s) with HLB and includes any other sums which are from time to time deposited with HLB at any branch and whether in the same or any other currency and whether in addition to or by way of renewal of any sums previously deposited or otherwise and includes all interest or other payment accrued and accruing and howsoever derived from time to time in respect of the deposits.

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Fixed Deposit(s) means all fixed deposit accounts in my/our names referred to in Item 3 of the Schedule or those which may in future be placed with you, including any renewed and/or substituted fixed deposits as well as other monies placed in fixed deposit accounts not mentioned in Item 3 of the Schedule but which are charged or intended to be charged to you by way of any other means or documents.

Fixed Deposit(s) means any time deposits placed by the Customer(s) with HLB and includes any other sums which are from time to time deposited with HLB at any branch and whether in the same or any other currency and whether in addition to or by way of renewal of any

Examples of Fixed Deposit(s) in a sentence

• Collateral or interim security could be Fixed Deposits and/ or Life Insurance policies and/ or Guarantee from sound & solvent individuals and/ or pledge of shares and/ or any other such investment that may be acceptable to the Company.

• Collateral or interim security could be Fixed Deposits and/or Life Insurance policies and/ or Guarantee from sound & solvent individuals and/ or pledge of shares and/ or any other such investment that may be acceptable to the Lender.

• Without prejudice to Bank's right of general lien and set off, in case of issuance of credit card against Fixed Deposit ("FD linked Cards"), the Bank shall be authorized to ▇▇▇▇ ▇ ▇▇▇▇ on the Fixed Deposit(s) ("FD") held by the card holder with the Bank to the extent of the amount declared by the card holder in the ▇▇ ▇▇▇▇ Declaration.

• Premature Withdrawals: Term deposits like Fixed Deposits, Call Deposits, Short Deposits and Recurring Deposits have to mature on a particular day.

• Savings / Fixed Deposit(s) • Savings statement clearly showing name of customer and amount of funds held • Evidence of account start date (letter from account provider or first statement) clearly showing name of customer and amount held (We may request additional evidential information, in relation to the origin of the savings held).

• Without prejudice to Bank's right of general ▇▇▇▇ and set-off, in case of issuance of credit card against Fixed Deposit ("FD linked Cards"), the Bank shall be authorised to ▇▇▇▇ ▇ ▇▇▇▇ on the Fixed Deposit(s) ("FD") held by the card member with the Bank, to the extent of the amount declared by the card member in the ▇▇ ▇▇▇▇ Declaration.

• Collateral or interim security could be Fixed Deposits and/ or Life Insurance policies and/ or Guarantee from sound & MITC format – Version 6.0: June, 2019 Centrum Housing Finance Limited solvent individuals and/ or pledge of shares and/ or any other such investment that may be acceptable to the Company.

• THE BANK reserves the right at all times to offer one or more products and types of Fixed Deposits, in any of the modalities that THE BANK offers at any time.

• The Company shall place the Escrow Amount or any part thereof in a Fixed Deposit(s) and create a lien in favour of the Manager, with partial liquidate/premature withdrawal facility.

• For secured Credit Card, entire outstanding balance on the Card Account, together with the amount of any outstanding Card transactions along with interest and all other cost, charges as mentioned hereunder, effected but not yet charged to the Card Account during the usage of the Credit Card by the Cardmember will be secured by lien on Fixed Deposits / such other assets as approved by the Bank and standing in the name of the Cardmember singly, in the form and manner as prescribed by the Bank.

More Definitions of Fixed Deposit(s)

Fixed Deposit(s) means such of the present and future fixed/ Term/ Recurring or other deposits of the Obligor(s) placed with the Bank (and as acceptable to the Bank) from time to time.

Fixed Deposit(s). Such fixed deposits receipts issued by the Borrower as described and identified in Section 5 of the First Schedule of the Charge over Cash Deposits including the New Fixed Deposit.