Incoming Transactions Sample Clauses

Incoming Transactions. All funds transfers or deliveries of any payment instrument(s) received by us after our daily cut-off time on a Business Day, or received on a day that is not a Business Day, will be treated and recorded as if received on the next Business Day. For any funds received by us in a currency other than those approved to be held in your Account pursuant to Section 3.1, we reserve the right to convert such foreign currency to USD at our prevailing rates if an exchange rate has not been predetermined and we have been unable to agree upon an exchange rate within a commercially reasonable period of time. We do not accept cash deposits. Any cash deposits sent by mail will be rejected. We are not liable for any deposits, including cash, lost in the mail, lost in transit, or otherwise not received by us. We reserve the right to withhold payment on all incoming Drafts until we are satisfied that we have received cleared funds. If any Draft you sell to us is subsequently recalled or returned, you hereby agree to indemnify us for such amount and for any costs or expenses we incur, including foreign exchange losses or charges, in handling the Draft.
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Incoming Transactions. 8.5.1. You can receive funds into your account using methods that we support and from anyone, irrespective of having an account in our system or not.
Sample 1

Related to Incoming Transactions

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • OVERSEAS TRANSACTIONS 13.1 The Cardmember may use the Credit Card outside Malaysia where there are Authorised Merchants and/or Authorised Cash Outlets.

  • Non-Arm’s Length Transactions Except as disclosed in the Prospectus and to the Agent, the Corporation does not owe any amount to, nor has the Corporation made any present loans to, or borrowed any amount from or is otherwise indebted to, any officer, director, employee or securityholder of any of them or any person not dealing at “arm's length” (as such term is defined in the Income Tax Act (Canada)) with any of them except for usual employee reimbursements and compensation paid or other advances of funds in the ordinary and normal course of the business of the Corporation. Except usual employee or consulting arrangements made in the ordinary and normal course of business, neither the Corporation is a party to any contract, agreement or understanding with any officer, director, employee or securityholder of any of them or any other person not dealing at arm's length with the Corporation. No officer, director or employee of the Corporation and no person which is an affiliate or associate of any of the foregoing persons, owns, directly or indirectly, any interest (except for shares representing less than 5% of the outstanding shares of any class or series of any publicly traded company) in, or is an officer, director, employee or consultant of, any person which is, or is engaged in, a business competitive with the business of the Corporation which could have a material adverse effect on the ability to properly perform the services to be performed by such person for the Corporation. Except as described in the Prospectus, no officer, director, employee or securityholder of the Corporation has any cause of action or other claim whatsoever against, or owes any amount to, the Corporation except for claims in the ordinary and normal course of the business of the Corporation such as for accrued vacation pay or other amounts or matters which would not be material to the Corporation.

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.

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