Sufficient Available Funds Sample Clauses

Sufficient Available Funds. You must have Available Funds at least equal to the total purchase price (including all transaction costs and charges) of the Securities before SoFi HK executes Instructions to purchase Securities. If you do not have sufficient Available Funds, SoFi HK may nevertheless in its sole discretion and without notification to you, proceed to execute your Instructions; in such event, while SoFi HK will use its reasonable efforts to execute your Instructions, it will not be obliged to do so. If SoFi HK (whether in its discretion or inadvertently) accepts or executes any such Instructions, SoFi HK may in its absolute discretion complete, cancel or liquidate the transaction. You agree that you are responsible for all your Instructions, including Instructions given in the foregoing circumstances.
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Sufficient Available Funds. If sufficient funds are not available in your Payment Account on the day that the bill payment is presented for payment, the Bank reserves the right to return the payment back to the payee as unpaid. You agree to pay a non- sufficient funds service fee of $34.00 per item up to 5 items daily and that the fee will be automatically debited to your Payment Account.
Sufficient Available Funds. At Closing, Buyer will have available the necessary funds to enable it to pay the Purchase Price and to consummate the transactions contemplated hereby.
Sufficient Available Funds. 23 SECTION 4.8
Sufficient Available Funds. The Customer shall maintain in its settlement account, as of the settlement date, immediately available funds sufficient to cover all Entries initiated by the Customer, unless the Customer has otherwise Prefunded such Entries. AUTHORIZATION TO DEBIT. The Customer authorizes the Bank, without prior notice or demand, to debit its settlement account on the settlement date in the amount of each Entry and for any other amount payable under this Agreement. AUTHORIZATION TO CREDIT. The Customer authorizes the Bank, without prior notice or demand, to credit the settlement account for any amounts payable to the Customer. SETTLEMENT ON POSTING DATE. Settlement for Entries will be made to the Customer’s account on the posting date, either by Crediting or Debiting the Customer’s account for the total amount of readable Entries processed. RESERVES. From time to time, the Bank shall evaluate the Customer’s transaction activity for the purpose of establishing averages for transaction frequency, amount, and returns and adjustments. These evaluations may occur annually or may occur more frequently at the Bank’s discretion. In connection with such evaluations, the Bank reserves the right to require the Customer to establish reserves with the Bank, as calculated by the Bank, to cover the Customer’s obligations to the Bank arising from ACH activities. Reserves may be expressed as a fixed dollar amount or as a “rolling reserve” calculated based on “rolling” averages determined by the Bank’s periodic evaluations. The amount of reserves required by the Bank, if any, will be communicated directly to the Customer from time to time. The Customer agrees to establish reserves as required by the Bank within seven (7) Business Days after a notification from the Bank setting forth the amount of required reserves and the basis of calculation used to determine the amount of reserves. The Bank may suspend ACH processing activity for the Customer if the Customer fails to establish the required amount of reserves within the time period specified by the Bank in its notice to the Customer. AUDIT RIGHTS. Customer shall permit the Bank and its authorized representatives to visit and to audit Customer’s compliance with the ACH Rules and as often as the Bank may reasonably request; provided, however, that the Bank will give Customer reasonable notice prior to any visitation, inspection or audit. DEFINITIONS.
Sufficient Available Funds. The Investor presently has undrawn capital commitments drawable by it upon ten (10) Business Days' notice in an amount sufficient to pay the Purchase Price and from the date hereof through and including the Closing will continue to have, undrawn capital commitments sufficient to pay such amounts and otherwise satisfy all of its financial obligations under this Agreement. Other than the ten (10) Business Day notice referred to above, there are no conditions to the Investor's ability to draw down such capital commitments through the Closing Date.
Sufficient Available Funds. The Investor shall promptly notify the Company of any event or circumstance which at any time from the date of this Agreement through and including the Closing Date could (i) result in or be reasonably expected to result in insufficient funds being available to the Investor or (ii) hinder or reasonably be expected to hinder the Investor's financial ability to perform its obligations under this Agreement. No such notice shall limit, alter or amend the Investor's representations and warranties contained in Section 4.7 hereof.
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Sufficient Available Funds. The Buyer has sufficient immediately available funds on hand to make the payments contemplated by this Agreement and to operate the Business for the foreseeable future.
Sufficient Available Funds. The Acquiror (or its assignees) will have available on the Closing Date funds sufficient to pay the Purchase Price for the Shares.
Sufficient Available Funds. Purchaser has or has access to sufficient funds irrevocably available to pay the Total Purchase Price and any other payments and costs in connection with this Agreement.
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