Investment Deposit definition

Investment Deposit means a deposit held at call or otherwise as an investment under section 51 of the Act;
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Investment Deposit means the funds invested in the Investment Deposit Account.
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Investment Deposit means a deposit for a fixed or unlimited term (whether a Savings Account, Special Savings Account/Call Investment Account or a Term Investment Deposit) in which the Account Holder (being the Rabb Al Mal) authorises the Bank (as the mudarib or investment manager) to invest the deposit on the basis of an unrestricted (discretionary) Mudaraba contract in accordance with the principles of the Shari’ah.
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Examples of Investment Deposit in a sentence

  • The term of the investment in respect of the Islamic Term Investment Deposit shall start from the Business Day on which the funds are deposited according to specific terms of 1, 3, 6, 9 or 12 months or such other tenors as may be offered by the Bank from time to time.

  • The terms and conditions of the Current Account / Savings Account / Investment Deposit Account / Term Deposit Accounts shall applyto the Joint Account and shall be an integral part of these Terms and Conditions and complement them in a manner that shall not prejudice the terms and conditions of the Joint Account.

  • The yield is calculated for the period of actual use of the Investment Deposit since the drawdown date.

  • The terms of each Advance or commitment for an Advance shall be conclusively established by this Agreement and by either (1) the Member’s Application when such Application is executed by the Bank without any change; (2) in the case of a telephonic application received, completed, or modified by the Bank, by a Confirmation of Advance generated by the Bank; or (3) in the case of an open line of credit Advance, the Member’s Daily Investment Deposit Statement (“DIDS”).

  • The Investment Deposit repayment day should not be calculated in interest.

  • The Investment Deposit day should be the date of money deduction from the Investor’s bank account.

  • Absent any written investment direction, the Escrow Agent will invest the Cash Escrow Deposit in the BB&T Business Investment Deposit Account, type 169.

  • Full amount of the Investment Deposit under the present Agreement will be transferred to the Recipient’s banking account, specified in the present Agreement, via bank wire transfer from the Investor’s bank.

  • The term of the investment in respect of the Term Investment Deposit shall start from the Business Day on which the funds are deposited according to specific terms of 1, 3, 6 or 12 months or such other tenors as may be offered by the Bank from time to time.

  • The Trustee is obliged to pay off the yields on the Investment Deposit at the same time with the repayment of the Investment Deposit.


More Definitions of Investment Deposit

Investment Deposit means a deposit held at call or otherwise as an investment under section 51 of the Act; “special deposit” means a deposit held other than at call
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Investment Deposit means time deposits, sav-
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Investment Deposit means an amount accepted as an investment by a society and which is repayable after a period of notice;
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Investment Deposit the amount of RMB5 million;
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Investment Deposit means the initial after-tax investment required by each Participant electing to participate in the entire POA program as provided the Participant’s Employment Contract.
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Related to Investment Deposit

  • 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.

  • 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.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.