Branch Deposit definition

Branch Deposit means a Deposit as set forth on Schedule 2.3(a) attached hereto, including Accrued Interest Payable thereon, which has been maintained on the general ledger of the Branch Office, other than Excluded Deposits. Schedule 2.3(a) may be supplemented by Seller at any time prior to the Effective Time; provided however, Schedule 2.3(a) may not be supplemented to include a Brokered Deposit without Purchaser's written consent which may be withheld for any or no reason.
Sample 1
Branch Deposit means a Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Offices, other than Excluded Deposits. "Branch Lease" means the lease of the real estate on which the Williston Branch is located. "Branch Loan" means (i) any loan fully secured by any Branch Deposit, and (ii) any checking line of credit or overdraft checking balance linked to any Branch Deposit, and (iii) any such other loans
Sample 1
Branch Deposit means a Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Office, other than Excluded Deposits. "Branch Loan" means (i) any loan fully secured by any Branch Deposit, and (ii) any checking line of credit or overdraft checking balance linked to any Branch Deposit (but not any loan that is not covered by clauses (i) or (ii) of this definition), in all cases, together with any Accrued Interest Receivable thereon, the related Servicing Rights and all such loan documentation as may be possessed by Seller with respect to such Branch Loans. "Branch Premises" means the Real Property, and the improvements on the Real Property.
Sample 1

Examples of Branch Deposit in a sentence

  • Beijing Branch Deposit Number: 00000000 Account Number: *** Account Name: Hong Kong Secoo Investment Group Limited Amount and Currency: RMB30,950,000.00 Deposit term: from December 26, 2017 to December 26, 2018 Confirmation of certificate of term deposit: The certificate of the term deposit has been confirmed by its issuing bank.

  • With respect to Deposits which are self-directed XXX deposits, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor's account and the related Branch Deposit to Purchaser and to adopt Purchaser's forms of XXX agreements as a successor to Seller.

  • Xxxxxx Xxxx, XX 00000 Attn: BNY Mellon / Branch Deposit Department – 5th Floor Contact: Xxxxx Xxxxxxxxx GENWORTH LIFE INSURANCE COMPANY Name in which Note is to be registered: HARE & CO., LLC Payment method: Wire transfer Account Information: Address for Notices: Genworth Financial, Inc.

  • With respect to Deposits or purchased Excluded Deposits which are self-directed XXX deposits, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor’s account and the related Branch Deposit or Excluded Deposit to Purchaser and to adopt Purchaser’s forms of XXX agreements as a successor to Seller.

  • Jersey City, NJ 07310 Attn: BNY Mellon / Branch Deposit Department – 5th Floor Contact: Xxxxx Xxxxxxxxx; Phone: (000) 000-0000 Account Name: NATIONAL UNION FIRE INSURANCE CO.

  • Loan Growth [Graph showing percentage growth for years 1995 - 1999.] % Growth -------- 1995 22.2 1996 20.9 1997 11.6 1998 17.8 1999 16.4 Carolina First -------------- - Deposit Growth Average Branch Deposit Growth 96-99 36.31% 84% of Carolina First's branches have grown in excess of 20% from 1996 - 1998 Source: SNL Securities and company filings Loan data are year end, except 1999 which is latest twelve months as of 9/30/99.

  • Not later than five (5) Business Days prior to the Closing Date the Seller shall deliver to the Buyer a Branch Deposit Trial Balance Report listing the Deposits to be assumed by the Buyer.

  • With respect to Purchaser's proposed assumption of Branch Deposits which are Xxxxx Accounts, Seller shall cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor's Xxxxx Account and the related Branch Deposit to Purchaser, as trustee thereof, and to adopt Purchaser's form of Xxxxx Master Plan as a successor to that of Seller.

  • Xxxxxx Xxxx, XX 00000 Attn: BNY Mellon / Branch Deposit Department – 5th Floor Contact: Xxxxx Xxxxxxxxx; Phone: (000) 000-0000 Account Name: AMERICAN HOME ASSURANCE COMPANY Account Number: 554933 With a copy to: xxxxxxx.xxxxxx@xxx.xxx Josephine Xxxxx@xxx.xxx NAME AND ADDRESS OF PURCHASER PRINCIPAL AMOUNT OF NOTES TO BE PURCHASED XXXXXXX NATIONAL LIFE INSURANCE COMPANY c/o PPM America, Inc.

  • On the day next preceding the Closing Date the Seller shall deliver to the Buyer an updated Branch Deposit Trial Balance Report.


More Definitions of Branch Deposit

Branch Deposit means a Repurchase Agreement and/or Deposit, including Accrued Interest Payable thereon, which has been opened at or assigned to the Branch Office, other than Excluded Deposits.
Sample 1

Related to Branch Deposit

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Good Faith Deposit has the meaning given such term in Section 2.6(a) of this Agreement.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).

  • the Deposit means 10% of the Purchase Price;

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,653,198.45.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Initial Reserve Account Deposit means $3,000,000.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • 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.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

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

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • 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;

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.