Demand Deposit Accounts definition

Demand Deposit Accounts means the demand deposit accounts listed on Annex 1 to the Operating Bank Guaranty maintained by Borrower and/or any of its Subsidiaries with the respective Lenders identified on such Annex, and other demand deposit accounts established by Borrower or any of its Subsidiaries with any Lender after the date hereof which shall be promptly identified by such Lender in writing to Agent, Borrower and the Guarantors.
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Demand Deposit Accounts means (i) the demand deposit accounts listed on Annex 1 to the Operating Bank Guaranty maintained by Borrower and/or any of its Subsidiaries with the respective Revolving Credit Lenders identified on such Annex, and (ii) other demand deposit accounts established by Borrower or any of its Subsidiaries on or after the date hereof which shall be promptly identified by Borrower in writing to the Administrative Agent including, from time to time following the Closing Date, at the option of Borrower, by delivery of an updated Annex 1.
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Demand Deposit Accounts. Loans: Checking Add-Ons NOW Simple Interest Money Market Line of Credit Savings Home Equity Loans Club Certificates of Deposit Integrated General Ledger and Financial Management Enterprise Information System with Key Ratios Individual Retirement Accounting Cash Sweep Accounts Safe Deposit Box Processing Executive/Tickler Reminder System Automatic Funds Transfer System ACH Interface Account Analysis Signature Card Imaging Module Overdraft Protection Report Writer ELECTRONIC FUNDS TRANSFER SERVICES ORDER FOR United Commercial Bank Atlanta, GA 12/12/01 InterCept agrees to provide Customer with the following products and services described below. The following terms and conditions are in addition to the terms and conditions of the Master Agreement and General Terms and Conditions. The Parties agree that this Agreement is incorporated into and made part of the Master Agreement, and is subject to the General Terms and Conditions contained therein. In the event that these terms and conditions conflict with any term or condition set forth in the Master Agreement, the term or condition set forth in the Master Agreement shall control unless otherwise specified in writing by the Parties. ***
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Examples of Demand Deposit Accounts in a sentence

  • Demand Deposit Accounts and wire transfers are not included in the definition of “touch points” since all members are required to have a DDA, and the only way members can move funds out of the Bank (such as dividends) is through the Bank's wire system.

  • PFPC will reconcile the Fund's Demand Deposit Accounts on a daily basis, including investments and disbursements.

  • First Express will deposit cash daily for Prudential and credit Prudential's Demand Deposit Account(s) (DDA(s)).

  • Xxxx, Xx. Title: CEO and President SCHEDULE A (Draft 6/19/03) Products and Services to be Offered at El Banco Offices Electronic Demand Deposit Accounts Direct Deposit Checking Accounts Savings Accounts Certificates of Deposit Notary Money Orders Consumer Loans and Lines of Credit Mortgage Loans Business Loans and Lines of Credit Phone Cards Check Cashing ITIN Issuance Lamination Services Copy, fax, etc.

  • Passbook and Demand Deposit Accounts were assumed to withdraw at a rate of 10% during the first year, a combined rate of 20% for years two and three, and 20% for years four and five.

  • Operator may make payments from the Special Demand Deposit Accounts in excess of Allowable Cost for payment of incentive compensation to employees; provided, that Operator shall reimburse USEC for such excess by depositing such excess in the Special Demand Deposit Accounts or such other account as USEC may direct on the date of such payment.

  • Schedule 5.21(a) Demand Deposit Accounts (See attached) [***] *** Denotes confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934.

  • Lender may provide for the payment of any unpaid accrued interest and any fees by charging the Demand Deposit Accounts or any other bank accounts maintained by Borrowers with Lender.

  • Within 90 days following the Closing Date (and subject to the agreement of the depository banks), cause each of its Demand Deposit Accounts and deposit accounts (as defined in the Guarantee and Collateral Agreement) to be made subject to written control agreements with the applicable depository banks and the Collateral Agent on terms satisfactory to the Administrative Agent in order to perfect a Lien on such Accounts and accounts in favor of the Secured Parties (“Controlled Accounts”).

  • Demand Deposit Accounts (DDA) Savings Time deposits Other interest-bearing deposits 1Q21 .


More Definitions of Demand Deposit Accounts

Demand Deposit Accounts means as defined in Section 2.3.
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Demand Deposit Accounts. Loans: Checking Add-Ons NOW Simple Interest Money Market Line of Credit Savings Home Equity Loans Club Certificates of Deposit Integrated General Ledger and Financial Management Enterprise Information System with Key Ratios Individual Retirement Accounting Cash Sweep Accounts Safe Deposit Box Processing Executive/Tickler Reminder System Automatic Funds Transfer System ACH Interface Account Analysis Signature Card Imaging Module Overdraft Protection Report Writer 1 of 2 BancPac Outsource Proposal CONFIDENTIAL_________INITIAL DATA PROCESSING PROPOSAL FOR NC CHEROKEE BANK CANTON, GA 04/26/04 --------------------------------------------------------------------------------- Description Qty List ================================================================================= MISCELLANEOUS PROCESSING FEES ================================================================================= Alert Disk (Requested by Regulators) Each file $ 25.00 Insurance Reporting Each file $ 25.00 Credit Bureau Tape Each file $ 25.00 Account Reconciliation Issue file/Output file Each file $ 15.00 IRS Reporting and/or Audit Confirmation Notices Each notice $ 0.25 Child Support Collection Tape Each file $ 200.00 OFAC CIF Sweep Each file .023/acct (one time set up fee of $600) $125 mthly minimum OFAC ACH Screening Monthly $ 150.00 (one time set up fee of $250) SAS 70 Copy Each $ 350.00 Item Center Audit Copy Each $ 250.00 Both Sas 70 and Item Center Audit Copy Both $ 500.00 IMAGE/TRADITIONAL ITEM PROCESSING SERVICES ORDER InterCept agrees to provide Customer with the following Item Processing Services. The following terms and conditions are in addition to the terms and conditions of the Master Agreement and General Terms and Conditions attached thereto. The Parties agree that this Order is incorporated into and made part of the Master Agreement, and is subject to the General Terms and Conditions contained therein. In the event that these terms and conditions conflict with any term or condition set forth in the Master Agreement, the term or condition set forth in the Master Agreement shall control unless otherwise specified in writing by the Parties. This Item Processing Services Order is effective upon execution by both parties. The term of this Order is 60 months (5 years), which shall commence upon the date indicated below (the "Term Commencement Date"): - Date of live conversion - Date of renewal of an existing Data Processing Services Order - Date specified by the Parties: ________...
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Related to Demand Deposit Accounts

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Controlled Deposit Account means each Deposit Account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • 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.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Excluded Account means (a) any deposit account specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees and (b) any Xxxxx Cash Accounts.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Facility Account means the Seller’s Account No. 55-66681 at Bank One.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.