Depository Account

Example Definitions of "Depository Account"
Depository Account. Shall mean that certain cash deposit account established in the name of the Purchaser for the for the benefit of Seller and Lender, subject to the control and administration of the Paying Agent in accordance with the terms of this Agreement, for the purposes of receiving cash billed by Purchaser for its ACP Program and other government programs.
Depository Account. A subaccount of a Gemini Customer’s Digital Asset account that reflects the Gemini Customer’s Digital Asset balance for purposes of using Gemini Clearing or the Gemini Exchange
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