Net Deposit Amount definition

Net Deposit Amount is the amount GLAIC receives from the Policyholder on the Deposit Date as set forth in the Accumulation Fund Schedule.
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Net Deposit Amount is the amount GELAAC receives from the Policyholder on the Deposit Date as set forth in the Accumulation Fund Schedule.
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Net Deposit Amount means the amount of the Deposit minus £1,000,000;
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Examples of Net Deposit Amount in a sentence

  • Upon the receipt by GLAIC of the Net Deposit Amount, GLAIC will establish an Accumulation Fund.

  • Regardless of the Effective Date of the Policy or the Deposit Date specified in the Accumulation Fund Schedule, this Policy shall become effective only upon the receipt by GLAIC, or its designee, of the Net Deposit Amount.

  • The Net Deposit Amount is allocated to GLAIC’s general account for investment but all funds received under this Policy will become the exclusive property of GLAIC without any duty or requirement for segregation or separate investment.

  • The Policyholder agrees to pay to GLAIC in the currency specified in the Accumulation Fund Schedule (the “Specified Currency”), and by wire transfer, the Net Deposit Amount on the Deposit Date.

  • Upon the receipt by GELAAC of the Net Deposit Amount, GELAAC will establish an Accumulation Fund.

  • Regardless of the Effective Date of the Policy or the Deposit Date specified in the Accumulation Fund Schedule, this Policy shall become effective only upon the receipt by GELAAC, or its designee, of the Net Deposit Amount.

  • The Net Deposit Amount is allocated to GELAAC’s general account for investment but all funds received under this Policy will become the exclusive property of GELAAC without any duty or requirement for segregation or separate investment.

  • The Policyholder agrees to pay to GELAAC in the currency specified in the Accumulation Fund Schedule (the “Specified Currency”), and by wire transfer, the Net Deposit Amount on the Deposit Date.

  • Policy Number: GS-R6017 Deposit Date: January 17, 2008 or the date the deposit is actually received by GLAIC Specified Currency: United States Dollars Deposit Amount: $1,132,000.00 Net Deposit Amount: $1,109,360.00 Stated Maturity Date: January 15, 2023 Guaranteed Rate: 5.70% Crediting Period: The first Crediting Period shall be a short period commencing on the Deposit Date to but excluding July 15, 2008.

  • Policy Number: GS-R6016 Deposit Date: December 20, 2007 or the date the deposit is actually received by GLAIC Specified Currency: United States Dollars Deposit Amount: $3,957,000.00 Net Deposit Amount: $3,906,548.25 Stated Maturity Date: December 15, 2014 Guaranteed Rate: 5.30% Crediting Period: The first Crediting Period shall be a short period commencing on the Deposit Date to but excluding June 15, 2008.


More Definitions of Net Deposit Amount

Net Deposit Amount has the meaning set forth in Section 3.5.
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Net Deposit Amount means an amount equal to (i) the aggregate amount of all deposits, pre-paid expenses, including all lease and rental payments, each in respect of a Transferred Asset paid by any Seller Party to third-parties in respect of any period (or portion thereof) beginning on the Closing Date and ending thereafter, other than as set forth on Schedule D, plus (ii) the aggregate amount of all rental payments under Aircraft Leases referable to the period prior to the Closing and payable on or following the Closing Date, calculated on a cash basis, less (iii) the aggregate amount of all rental payments under Aircraft Leases referable to the period on or after the Closing and paid prior to the Closing Date, less (iv) the aggregate amount of the Seller Parties’ obligations to third parties for Cash deposits (including customer deposits, security deposits, maintenance reserves or other similar deposits) arising under any Transferred Contract, less (v) the aggregate amount of prepaid expenses, including all lease and rental payments under Aircraft Leases paid by third parties to the Seller Parties in Cash prior to the Closing in respect of any period (or portion thereof) beginning on the Closing Date.
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Net Deposit Amount means the net amount available and deposited to the Linked Bank Account after deductions of the Prior Loan Balance (if applicable) from your Loan Amount and is specified in the summary box above.
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Related to Net Deposit Amount

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Initial Reserve Account Deposit Amount means an amount equal to $31,638,418.