Deposit Bank definition

Deposit Bank means any of the banks holding one or more Deposit Accounts.

Deposit Bank means the bank or banks selected by Lender to maintain the Deposit Account. Lender may in its reasonable discretion change the Deposit Bank from time to time.

Deposit Bank has the meaning set forth in Section 7.1.

Examples of Deposit Bank in a sentence

• In case of multi-currency contract, separate Security Deposit Bank Guarantee (SDBG) in respective currency for required value as above shall be submitted.

• In case of multi-currency contract, separate Security Deposit Bank Guarantee (SDBG) in respective currency for required value as above shall be submitted.6.4. In case of equipment, SDBG shall not be individual equipment wise.

• In lieu of the Total Security Deposit, Bank Guarantee from the Bank other than Canara Bank for the period of defects liability is also accepted.

• If the contract has been terminated according to the provisions of the Integrity Pact, or if BPCL is entitled to terminate the contract according to the provisions of the Integrity Pact, BPCL shall be entitled to demand and recover from Contractor Liquidated Damages amount by forfeiting the Security Deposit (Bank Guarantee) as per provisions of the Integrity Pact.

• Company shall account for Security Deposit (Bank Guarantee) to the surviving or continuing partners.

More Definitions of Deposit Bank

Deposit Bank means Bank of China Hong Kong Branch at Ground Floor, Wu Chung House, 213 Queen’s Road East, Wanchai, Hong Kong (“Bank of China”) or The Hongkong and Shanghai Banking Corporation Limited, Hopewell Centre Branch at Shop 2A, 2nd Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong (“HSBC”);

Deposit Bank as defined in Section 2.1(a).

Deposit Bank shall have the meaning set forth in the Cash Management Agreement.

Deposit Bank. Wachovia Bank, National Association, or such other bank or depository selected by Lender in its discretion.

Deposit Bank means Compass Bank, an Alabama banking corporation, as deposit bank under the Cash Management Agreement.

Deposit Bank means initially Deutsche Bank AG, London Branch or, as the case may be, any other bank or financial institution substituting or replacing it pursuant to Clause 12.11 of this Agreement or, as the case may be, clause 3.3 of the DPP.

Deposit Bank means such Bank or Person maintaining any of the Borrower’s Deposit Accounts or Securities Accounts.