Deposit Liability definition

Deposit Liability means deposit liabilities with respect to accounts, which are booked by Seller at the Branches as of the date hereof, and deposit liabilities with respect to the accounts listed on Schedule 1.1(e) attached hereto, in each case as of the close of business on the Closing Date, which are defined as deposits in the Federal Deposit Insurance Act, 12 U.S.C. 1813, including in each case collected and uncollected deposits plus Accrued Interest, except that Deposit Liabilities shall not include the Excluded Deposits.
Deposit Liability means Seller’s obligations and liabilities relating to Seller’s deposit accounts at the Branches that are listed on Schedule 2(a)(1) and that are opened on behalf of a customer between the date of this Agreement and the close of business on the Closing Date that are added to Schedule 2(a)(1), together with Accrued Interest thereon, all as exists at the close of business on the Closing Date.
Deposit Liability means, collectively, the Consumer Deposit Liabilities, the Small Business Bank Deposit Liabilities, and the Commercial Deposit Liabilities, but shall exclude the Excluded IRA/Keogh/Employee Pension Plan Deposits and the Excludxx Dxxxxxts.

Examples of Deposit Liability in a sentence

  • SCHEDULE 2.1(a) – Excluded Deposit Liability Accounts To be provided.

  • Such maintenance and repairs may be undertaken upon receipt by the Department of Public Works of a petition signed by the owners of not less than fifty-one percent (51 %) of the frontage abutting the private way.(b) Annual Expenditure of Town Funds; Cash Deposit; Liability.

  • Gifts etc., Period of Contract, Summary Termination, Security Deposit, Liability of Contractor or losses etc.

  • Diccionario matsigenka-xxxxxxxxxx, con índice xxxxxxxxxx, notas enciclopédicas y apuntes gramaticales.

  • Xxxxx Title: Head of Consumer Banking Attest: /s/ Xxxxxx Xxxx SCHEDULE 2.1 - Certain Liabilities Assumed by the Assuming Bank 42 SCHEDULE 2.1(a) — Excluded Deposit Liability Accounts Accounts Excluded from P&A Transaction BankUnited, FSB Coral Gables, FL BankUnited, FSB has deposits associated with the Depository Organization (DO) Cede & Co as Nominee for DTC.


More Definitions of Deposit Liability

Deposit Liability means liability in respect of a deposit (as so construed), including where appropriate, a sum due as a debt to the Authority by virtue of subsection (4) of section 62, and “depositor” and related expressions shall be construed accordingly;
Deposit Liability means all of Seller’s obligations and liabilities relating to (a) the deposit accounts listed on Schedule 5.12 hereto, and (b) deposit accounts which are opened on behalf of a customer by Bank Employees between the date indicated on Schedule 5.12 and the close of business on the Closing Date, including, without limitation, all passbook accounts, statement savings accounts, checking, Money Market and NOW accounts and certificates of deposit, together with Accrued Interest thereon, all as exists at the close of business on the Closing Date, but excluding any claim or other liability relating to the origination of any such deposit account or the administration of any such deposit account prior to the close of business on the Closing Date.
Deposit Liability means the Consumer Deposit Liabilities and the Small Business Bank Deposit Liabilities, but shall exclude the Excluded XXX/Xxxxx/Employee Pension Plan Deposits and the Excluded Deposits.
Deposit Liability means Seller’s obligations and liabilities relating to (a) Seller’s deposit accounts at the Branches which are listed on Schedule 8, and (b) Seller’s deposit accounts at the Branches which are opened on behalf of a customer between the date of this Agreement and the close of business on the Closing Date which are added to Schedule 8, in the case of each of clauses (a) and (b), together with Accrued Interest thereon, all as exists at the close of business on the Closing Date, but, in the case of each of clause (a) and (b), excluding the (1) Excluded Deposits, (2) any claim or other liability relating to the origination or administration of any deposit account prior to the close of business on the Closing Date and (3) obligations and liabilities relating to deposit accounts owned or maintained by Affiliates of Seller. Notwithstanding the above, Deposit Liabilities shall not include any deposits used as collateral for an Excepted Loan.
Deposit Liability means all of Seller’s obligations and liabilities relating to (a) Seller’s deposit accounts, which are listed on Schedule 1.1(iv) hereto, and (b) deposit accounts which are opened on behalf of a customer between the date indicated on Schedule 1.1(iv) and the close of business on the Closing Date, in the case of each of clauses (a) and (b), together with Accrued Interest thereon, all as exists at the close of business on the Closing Date, but excluding any claim or other liability of any kind, including without limitation, relating to the origination of any such deposit account or the administration of any such deposit account arising or occurring or originating prior to the close of business on the Closing Date.
Deposit Liability means the aggregate amount of money shown by the books of the savings bank to be owed the savings bank's deposit account holders after applying any legal or contractual reduction.
Deposit Liability means the Consumer Deposit Liabilities, Consumer CD Liabilities, Commercial Deposit Liabilities, Commercial CD Liabilities, and Government Deposit Liabilities. Deposit Liabilities shall exclude the Government CD Liabilities and all Consumer Deposit Liabilities or Commercial Deposit Liabilities that are also Excluded XXX/Xxxxx/Employee Pension Plan Deposits.