Deposit Order Definition | Law Insider
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Get StartedSchedule a DemoDeposit Order. The Issuer Order referenced in Section 3.1(a)(x) (Conditions to Issuance of Notes on Closing Date).View SourceBased on 3 documents3Examples of Deposit Order in a sentence
The Issuer shall direct the Collateral Trustee to deposit the amount specified in the Deposit Order to the Expense Reserve Account.
This service is carried out on the basis of the order provided by each Customer in accordance with the Deposit Order Agreement.
The Customer and Raisin Bank conclude the following Deposit Order Agreement (“Agreement”) as special conditions to the terms and conditions of Raisin Bank.
Further, the Issuer shall direct the Collateral Trustee to deposit the amounts specified in the Deposit Order in the Revolver Funding Account on the 2024 Closing Date.
According to Anti-money laundering laws and regulations, the Company, at its sole discretion, might carry out Withdrawal Orders by alternative means to those, which have been used in the original Deposit Order, if and as far as the Company will allow payment by other means of payment.
The execution of a deposit of the Customer with the Deposit-taking Bank and, consequently, the acceptance of the Deposit Order shall take place in each case when Raisin Bank makes a deposit in its own name with the Deposit-taking Bank specif ied in the Deposit Off er, at the conditions specif ied in the Deposit Off er, and discloses the Customer as the benef icial owner of the deposit to the Deposit-taking Bank.
In the event of any conf lict between individual provisions, the provisions of this Deposit Order Agreement shall prevail over the Terms and Conditions of Raisin Bank.
This Deposit Order Agreement applies only to Deposit Off ers that qualif y as Benef iciary Deposits.
In the event of any conflict between individual provisions, the provisions of this Deposit Order Agreement shall prevail over the Terms and Conditions of Raisin Bank.
By issuing the Deposit Order, the Customer declares his/her consent to the use of his/her deposit f unds as a deposit with the Deposit-taking Bank within the f ramework of a collective deposit and as a Benef iciary Deposit.
More Definitions of Deposit Order
Deposit Order. The Issuer Order referenced in Section 3.1(a)(x) (Conditions to Issuance of Notes on 2024 Closing Date). "Designated Equity Security": The meaning specified in Section 9.2(h). "Designated Equity Security Proceeds": The meaning specified in Section 9.2(h). "Determination Date": The last day of each Collection Period. "DIP Collateral Obligation": A Loan made to a debtor-in-possession pursuant to Section 364 of the Bankruptcy Code having the priority allowed by either Section 364(c) or 364(d) of the Bankruptcy Code and fully secured by senior liens. "Discount Obligation" Any Collateral Obligation (that was not received in a Distressed Exchange) forming part of the Assets which was purchased (as determined without averaging prices of purchases) for less than (i) 85% of its principal balance, if such Collateral Obligation has an S&P Rating lower than "B-" or (ii) 80% of its principal balance, if such Collateral Obligation has an S&P Rating of "B-" or higher; provided that in each case: (v) such Collateral Obligation shall cease to be a Discount Obligation at such time as the Market Value (expressed as a percentage of the par amount of such Collateral Obligation) determined by the Collateral Manager, for such Collateral Obligation on each day during any period of 30 consecutive days since the acquisition by the Issuer of such Collateral Obligation, equals or exceeds 90% on each such day; (w) any Collateral Obligation that would otherwise be considered a Discount Obligation, but that is purchased with the proceeds of the sale of a Collateral Obligation that was not a Discount Obligation at the time of its purchase and that is not a CCC Collateral Obligation or a Defaulted Obligation at the time of its sale, will not be considered a Discount Obligation so long as such purchased Collateral Obligation (A) is purchased atView SourceBased on 1 documents1Related to Deposit Order
Limit Order means an order to buy or sell a financial instrument at its specified price limit or better and for a specified size;
Deposit Escrow Agreement has the meaning set forth in Section 2.2.
Market Order means Orders which are executed at the best available market price.
Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;
Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.
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