Time Deposits definition

Time Deposits means any funds invested by the Authority with an Eligible Institution for a specified period of time other than in a Certificate of Deposit. Section 202. Construction of Language. Except where the context otherwise requires, words importing the singular number shall include the plural number and vice versa.
Time Deposits means deposits repayable after a fixed period or after notice and includes saving deposits;

Examples of Time Deposits in a sentence

  • This option is used for transactions that include but are not limited to Foreign Exchange Contracts, Time Deposits and Tri-Party Repurchase Agreements.

  • Interest earned on the Cash Collateral Account and on the Time Deposits, and the principal of the Time Deposits at maturity that is not invested in new Time Deposits, shall be deposited in the Cash Collateral Account.

  • Interest Bearing Call or Time Deposits The Custodian shall, upon receipt of proper instructions, place interest bearing fixed term and call deposits with the banking department of such banking institution (other than the Custodian) and in such amounts as the Trust may designate.

  • Time Deposits with Banks As the contract interest rates are comparable to current market rates, the carrying amount approximates fair market value.

  • Except as otherwise expressly provided in Section 18, no Pledgor shall have the right to withdraw sums from the Cash Collateral Account, to receive any of the Cash Collateral or to require the Administrative Agent to part with the Administrative Agent’s possession of any instruments or other writings evidencing any Time Deposits.


More Definitions of Time Deposits

Time Deposits means all deposits, the payment of which cannot legally be required within 7 days.
Time Deposits means all deposits, the payment of which cannot legally be required
Time Deposits shall have the meaning set forth in Section 3.05(b).
Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation and any federal or State savings and loan association which is a member of the Federal Deposit Insurance Corporation or its successors and which are secured or insured in the manner required by State law.
Time Deposits has the meaning specified in Section 5.02.
Time Deposits means Deposits that are time deposits or certificates of deposit.
Time Deposits means all deposit liabilities denominated in Sri Lanka currency accepted for a period of maturity and not withdrawable on demand and repaid with interest.