Time Deposit Account definition

Time Deposit Account means the deposit account opened by the Customer with the Bank in accordance with Clause 23 herein.

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Time Deposit Account means any time deposit account opened in your name in the books of JPMorgan Chase Bank, N.A., acting through its Singapore branch, as the case may be, pursuant to Banking and Custody Special Term 4.

Time Deposit Account means a Bank Product on which the Bank establishes and maintains Deposit for the Client and pays interest for the period agreed in advance and, during that period of time, the Client is not entitled to dispose of the Deposit on the Time Deposit Account without prior consent of the Bank.

Examples of Time Deposit Account in a sentence

The early withdrawal penalty applicable to your Time Deposit Account is disclosed on the Confirmation of Time Deposit that we provide you at the time you open the Account.
Each Post Cut-Off Time Deposit Account will be subject to a deposit account control agreement in favor of FHA Lender or its designee in form and substance satisfactory to FHA Lender which will give FHA Lender or its designee exclusive authority (unless prohibited by law) to exercise control over the Post Cut-Off Time Deposit Accounts and to provide appropriate instructions to the applicable Depository Bank.
The Terms and Conditions for the Time Deposit Account (hereafter in this section, the “Terms and Conditions”) provides for the Bank’s handling of all transactions including deposit and withdrawal of time deposits (the “Time Deposit”) in Japanese yen and certain foreign currencies approved by the Bank made by a Customer with the Time Deposit Account.
Time deposits (teiki yokin) in Japanese yen and in certain foreign currencies approved by the Bank will be handled in the Time Deposit Account.
This may reduce your payout from the Time Deposit Account following an early withdrawal penalty to less than the amount that you deposited into the Time Deposit Account.
The Time Deposit Account serves to record the Time Deposits placed by the Customer.
If your Account is a time deposit such as a Certificate of Deposit (CD), you have agreed to keep your funds on deposit in the Time Deposit Account until that Account matures.
The Bank offers Certificates of Deposit (“CD”) accounts maintained on the Bank's Time Deposit Account (TDA) system in various maturities, including but not limited to seven (7) days to ten (10) years.
However, we will not change the interest rate on a time deposit account before its maturity, unless our Time Deposit Account Overview and Disclosure and supplemental account opening information permit us to do so.
In order to provide funds with which to pay an item presented for payment on an Account or to cover an overdraft in an Account, we may, at our sole discretion, transfer funds from one Account of yours to another Account of yours, regardless of whether either Account is joint or single and/or a Demand Deposit, Money Market, or a Time Deposit Account; however, in the absence of a specific written agreement to the contrary with you, we shall be under no obligation to provide funds from another Account.

More Definitions of Time Deposit Account

Time Deposit Account means a Bank Product on which the Bank establishes and maintains Deposit for the Client and pays interest for the period agreed in advance and, during that

Time Deposit Account or "Collateral Account" means the time deposit account opened pursuant to the Application, as well as additions to, substitutions, extensions or renewals thereof, which you have, by signing and/or submitting the Application, granted to the Bank to secure the Debt (as defined below). "Secured Card Account" means the secured credit card Account to be established by the Bank upon receipt of the Application. "Debt" means all obligations to the Bank, including any continuing guaranty arising from the Secured Card Account, as well as each extension, refinance or renewal of such obligations, and any expenses that the Bank incurs in enforcing your obligations under this Security Agreement, including fees for independent and/or in-house counsel, where allowed by law. No portion of the Time Deposit Account will be available to you or may be used to secure other loans.

Time Deposit Account means an account opened under an Post Office (Time Deposit) Rules, 1970 or under the Post Office Time Deposit Rules, 1981.

Time Deposit Account means that “Time Deposit” as defined in that certain Assignment and Pledge of Time Deposit by and between Borrower to Bank, dated as of the date hereof, as such may be amended, restated, amended and restated or otherwise modified from time to time (the “Assignment and Pledge”).

Time Deposit Account means an interest-bearing bank account that has a date of maturity. The money in a time deposit must be held for the fixed term to receive the interest in full.

Time Deposit Account means a Bank Product on which the Bank establishes and maintains Deposit for the Client and pays interest for the period agreed in advance and, during that