Minimum Deposit Amount definition

Minimum Deposit Amount means such amount as determined by the Bank from time to time to be the minimum amount for a deposit to be made under these Terms and Conditions;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Minimum Deposit Amount means the lowest sum of money or funds required by the Company as an initial deposit or opening balance for the use of its services, open an account, or engage in financial transactions. This minimum deposit requirement varies depending on the specific financial product or service.

Minimum Deposit Amount has the meaning given to that term in the Minimum Deposit Provisions.

Examples of Minimum Deposit Amount in a sentence

• No interest will accrue for the benefit of the Registrar on any advance payments (including the Minimum Deposit Amount) made in the framework of this Agreement.

• Borrower shall indicate in the Notice of Borrowing for the Tranche 3 Borrowing whether the proceeds of the Tranche 3 Borrowing are to be transmitted by the Administrative Agent to the Cash Collateral Account on the Borrowing Date to satisfy the Minimum Deposit Amount in effect at such time.

• A Manager needs to invest an amount, which is equal or higher than the Minimum Deposit Amount.

• In case the Minimum Deposit Amount is depleted to zero, Registrar’s right to render Domain Name Registration Services will be suspended until the Minimum Deposit Amount is replenished.

• All fees due are payable upon receipt of the Registry’s invoice, and any such payments made will be used to replenish the Minimum Deposit Amount.

More Definitions of Minimum Deposit Amount

Minimum Deposit Amount means, at any time with respect to an Exercising Noteholder, an amount in EUR equal to the greater of (a) EUR 500,000 and (b) five per cent. of the aggregate of the Outstanding Principal Amounts of the relevant Exercised Notes.

Minimum Deposit Amount means the minimum amount that ATBSI will accept for deposit to the Plan as set by ATBSI from time to time.

Minimum Deposit Amount shall have the meaning set forth in SECTION 7.1.2.

Minimum Deposit Amount has the meaning specified in Section 10.03. “Mortgage” means the Open-End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated as of the date hereof, given by APC to the Administrative Agent, granting a Lien on the APC Facility in favor of the Administrative Agent, for the benefit of the Secured Parties. “Multiemployer Plan” means any multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which any ERISA Affiliate incurs or otherwise has any obligation or liability, contingent or otherwise. “Net Revenue” means, for any period of determination, net revenue as determined in accordance with GAAP. “Note” means a senior secured promissory note executed and delivered by Borrower to each Lender in accordance with Section 2.03. “Notice of Borrowing” has the meaning set forth in Section 2.02. “Oberland” is defined in Section 15.05(b). “Obligations” means, with respect to any Obligor, all amounts, obligations, liabilities, covenants and duties of every type and description owing by such Obligor to any Lender, any other indemnitee hereunder or any participant, arising out of, under, or in connection with, any 136158242.1 136158242.6 21

Minimum Deposit Amount means, as of any date of determination, an amount not less than the lesser of (i) Fifteen Million Dollars ($15,000,000), and (ii) all of Borrower’s cash and cash equivalents, including all amounts on deposit or credited to any deposit, securities or investment account, as of such date.

Minimum Deposit Amount means, at any time with respect to an Exercising Noteholder, an amount in EUR equal to the greater of (a) EUR 1,000,000 and

Minimum Deposit Amount means the amount stipulated with respect to various kinds of Deposit Accounts or in the Bank’s marketing materials. We do not accept deposits under the Minimum Deposit amount.