Time Deposit Account definition

Time Deposit Account means the deposit account opened by the Customer with the Bank in accordance with Clause 23(C) herein.
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Time Deposit Account means the deposit account opened by the Customer with the Bank in accordance with Clause 23 herein.
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Time Deposit Account means any time deposit account opened in your name in the books of JPMorgan Chase Bank, N.A., acting through its Singapore branch, as the case may be, pursuant to Banking and Custody Special Term 4.
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Examples of Time Deposit Account in a sentence

  • Each Post Cut-Off Time Deposit Account will be subject to a deposit account control agreement in favor of FHA Lender or its designee in form and substance satisfactory to FHA Lender which will give FHA Lender or its designee exclusive authority (unless prohibited by law) to exercise control over the Post Cut-Off Time Deposit Accounts and to provide appropriate instructions to the applicable Depository Bank.

  • The early withdrawal penalty applicable to your Time Deposit Account is disclosed on the Confirmation of Time Deposit that we provide you at the time you open the Account.

  • Any increased rate of interest on an existing Bankohana Business Time Deposit Account is subject to change at renewal.

  • You may receive an increased rate of interest on a related Bankohana Business Time Deposit Account, Business Savings Account and/or Business Money Market Savings Account.

  • Any increased rate of interest that you receive on a Bankohana Business Savings or Business Money Market Savings Account will end when your Bankohana Business Account is closed, and on a Bankohana Business Time Deposit Account at the next renewal of the account.

  • Time deposits (teiki yokin) in Japanese yen and in certain foreign currencies approved by the Bank will be handled in the Time Deposit Account.

  • Notice of Maturity The Bank will mail you a notice on or before the maturity date of your Time Deposit Account advising you of the upcoming maturity date.

  • This may reduce your payout from the Time Deposit Account following an early withdrawal penalty to less than the amount that you deposited into the Time Deposit Account.

  • If your Account is a time deposit such as a Certificate of Deposit (CD), you have agreed to keep your funds on deposit in the Time Deposit Account until that Account matures.

  • However, we will not change the interest rate on a time deposit account before its maturity, unless our Time Deposit Account Overview and Disclosure and supplemental account opening information permit us to do so.


More Definitions of Time Deposit Account

Time Deposit Account means an account opened under an Post Office (Time Deposit) Rules, 1970 or under the Post Office Time Deposit Rules, 1981. 3. Opening of an account:- (1) A depositor desiring to open an account in a Post Office Savings Bank may make an application to it in Form -1. Bank;(2) Non-Resident Indians (NRIs) are not eligible to open an account in a Post Office Savings Provided that if a resident who opened an account in any Post Office Savings Bank, subsequentlybecomes Non Resident Indian during the currency of the maturity period, may continue such account till its maturity on a Non Repatriation Basis. 4. Place of Deposit:- (1) In the case of an account standing at a Head Savings Bank, a deposit may be made at the Head Savings Bank or at any of its Sub Savings Banks.(2) In the case of an account standing at a Sub Savings Bank, a deposit may be made at the SubSavings Bank or at the relevant Head Savings Bank or at any of its Sub Savings Banks.(3) In the case of an account standing at an Extra Departmental Sub Savings Bank, a deposit may be made at the Extra Departmental Sub Savings Bank or at the relevant Sub Savings Bank.(4) In the case of an account standing at a Branch Savings Bank, a deposit may be made at the Branch Savings Bank or at the relevant Head Savings Bank or Sub Savings Bank.5. Mode of Deposit:- (1) Deposit in a Post Office Savings Bank may be made (i) in cash (ii) by cheque or a demand draft drawn in favour of the depositor or the Postmaster and crossed generally or specially in favour of the Post Office Savings Bank or (iii) by surrender of Indian Postal Orders or Postal Orders issued by British authorities, and deposit may also be made by means of:- (a) a pay order;(b) an income -tax ref und voucher or income tax refund order;(c) an interest warrant issued by the Reserve Bank of India on Defence Deposit Certificate or installment of an Annuity Certificate;(d) withdrawal or discharge of any amount payable on an account or savings certificate held by the depositor.(e) Dividend warrants, interest warrants and refund orders issued by the companies/financialinstitutions.(2) Each deposit shall be accompanied by a pay-in-slip in the manner prescribed and the counterfoil of the pay-in-slip shall be returned to the tendered duly receipted.(3) Except as specified in the Post Office Cumulative Time Deposit Rules, 1981 and the Post Office Recurring Deposit Rules, 1981, the date of credit in an account of money deposited by the cheque or other instrument sha...
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Time Deposit Account means a Bank Product on which the Bank establishes and maintains Deposit for the Client and pays interest for the period agreed in advance and, during that period of time, the Client is not entitled to dispose of the Deposit on the Time Deposit Account without prior consent of the Bank.
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Time Deposit Account means an interest-bearing bank account that has a date of maturity. The money in a time deposit must be held for the fixed term to receive the interest in full.
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Time Deposit Account means that “Time Deposit” as defined in that certain Assignment and Pledge of Time Deposit by and between Borrower to Bank, dated as of the date hereof, as such may be amended, restated, amended and restated or otherwise modified from time to time (the “Assignment and Pledge”).
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Related to Time Deposit Account

  • 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.

  • 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.

  • 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.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “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.

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

  • 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.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • 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.

  • Deposit Accounts means all “deposit accounts” as such term is defined in the UCC, now or hereafter held in the name of a Debtor.

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

  • Security Deposit Account has the meaning given in Section 5.1.

  • 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”.

  • 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.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • 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).

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Concentration Account has the meaning provided in Section 6.13(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.

  • Deposit Account Control Agreement means an agreement, in form and substance satisfactory to the Agent (in its Permitted Discretion), among any Loan Party, a banking institution holding such Loan Party’s funds, and the Agent with respect to collection and control of all deposits and balances held in a deposit account maintained by any Loan Party with such banking institution, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

  • Liquidity Account has the meaning set forth in Section 6.22(a).

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

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