Trust deposits definition

Trust deposits means the client funds held by a state trust company and authorized to be deposited with itself pending investment, distribution, or payment of debts on behalf of the client.
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Trust deposits means client funds held by a state trust company and authorized to be deposited with itself as a permanent investment or pending investment, distribution, or payment of debts on behalf of the client.
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Trust deposits means the client funds held by a
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Examples of Trust deposits in a sentence

  • The refund shall be effective when the Pension Trust deposits in the United States mail an initial check payable to the Alternate Payee and addressed to the latest address for the Alternate Payee on file with the Pension Trust.

  • Upon entering into a contract, the Trust deposits and maintains as collateral such initial margin as required by the exchange on which the transaction is effected.

  • Trust deposits that are being collateralized must be designated in the trust department's records.

  • Trust deposits shall be made not later than thirty (30) days after the end of the calendar month in which the sum of the monies collected on the Contract exceeds the amount that is not required to be trusted under Ala.

  • Trust deposits that pass from the same grantor to beneficiaries are aggregated for purposes of determining coverage under this section, regardless of whether those deposits are held in connection with an informal revocable trust, formal revocable trust, or irrevocable trust.(3) Separate insurance coverage.

  • The Company may, from time to time, direct the Trustee to receive, accept transfers of, and hold as a part of the Trust, deposits or transfers of the funds, deposits, property, assets, and/or accounts of Participants, or employees of any subsidiary of the Company, from a trust which is part of any other qualified defined benefit plan or qualified defined contribution plan of the Company or any subsidiary of the Company.

  • The Company may, from time to time, direct the Trustee to receive, accept transfers of, and hold as a part of the Trust, deposits or transfers of the funds, deposits, property, assets, and/or accounts of Participants from a trust which is part of any qualified defined contribution plan of another employer.

  • Prohibition of any Form of Credit Arrangement 4.1 Account ArrangementsThe Board has agreed that The Trust deposits all funds within the bank accounts set up by the Academy Trust.

  • The Trust deposits all funds received in the Treasury General Account and these funds are designated for Trust use through Treasury’s accounting process.Reporting entities that provide goods and services to the public or another government entity should disclose specific information related to their pricing policies.

  • The Custodian is a market maker, clearer and approved weigher under the rules of the LBMA.The Custodian, as instructed by the Trustee, is authorized to accept, on behalf of the Trust, deposits of gold in unallocated form.


More Definitions of Trust deposits

Trust deposits means the client funds held by a state trust
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Trust deposits in Appendix B shall be reductions of the amounts otherwise payable to the Contractor under Section 10 of this contract, and Contractor shall have no rights to such Trust Deposits except as expressly set forth in Appendix B.
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Trust deposits means all funds held by Seller for the benefit of patients of the Facility, whether in trust, for security, for payment of rents or otherwise.
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Trust deposits means the client funds held by a state trust company and authorized to be deposited with itself pending investment, distribution, or payment of debts on behalf of the client, depository institution, foreign bank, State bank, or trust company.
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Related to Trust deposits

  • Deposits means all deposits (as defined in 12 U.S.C. § 1813(l)) that are held by any Seller or any of its Affiliates in connection with the Business, in each case, in the name or for the benefit of any clients or customers under the Appointments solely in their capacity as clients or customers of the Business and including any such deposits received by any Seller from and after the date hereof through the close of business on the Closing Date.

  • Trust Depositor has the meaning assigned such term in the preamble hereunder or any successor thereto.

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • 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;

  • Certificate Account Deposit Date As to any Distribution Date, the Business Day prior thereto.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Collection Accounts As defined in Section 3.10(a).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Imposition Deposits are defined in Section 7(a).

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Subservicing Account An account established by a Subservicer in accordance with Section 3.08.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $3,807,950.53.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • Deposit Date means, with respect to any Collection Period and Payment Date, the Business Day immediately preceding such Payment Date.