Examples of Depository Bank in a sentence
Until the AR Loan Obligations are Paid in Full, AR Lender will have the exclusive authority to exercise control (unless prohibited by law) over the Deposit Accounts and to provide appropriate instructions to the applicable Depository Bank.
The report shall include the name and corporate address of the Depository Bank, the Escrow Account number which the Escrowed Funds are held, and the fund balance.
If you make a deposit at the Depository Bank before our Cutoff time on a Banking Day, the Bank will review and, if appropriate, process the Electronic File on that Bank’s Day.
If you make a deposit to the Depository Bank after the Cutoff Time on any Bank’s Day, the Bank may process your deposit on either the presentment date or on the following Banking Day.
Upon request, the Company shall furnish the original or a copy of the authorization to any affected Participating Depository Bank, as defined in the Rules.