General Deposits definition

General Deposits means the North American General Deposit and the Swedish General Deposit.
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Examples of General Deposits in a sentence

  • The remaining amount of the General Deposits, less the amount of any claim(s) against the Seller or the Liko North American Seller that are then in dispute or pending, shall be released on the twenty fourth (24th) month anniversary of the Closing Date, to the Seller through joint written instructions by the Purchaser and the Seller.

  • After twenty four (24) months from the Closing Date if the Parties (or the parties to the Liko Swedish Transaction Agreement) are in dispute involving the General Deposits they shall be considered to have settled the claim for purposes of the General Escrow Account if arbitral proceedings to address such claim have not been initiated within twenty eight (28) months of the Closing Date.

Related to General Deposits

  • Special Deposits have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

  • Special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • 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;

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

  • Spread Account Initial Deposit means, with respect to the Closing Date, an amount equal to ___% of the aggregate principal balance of the Receivables as of the Cutoff Date (which is equal to $____________).