Movement of Funds Sample Clauses

Movement of Funds. OST and the Bank agree that all movements of principal and interest shall be the responsibility of OST and will be initiated by OST using the Automated Clearing House system (ACH). The Bank agrees to establish an account to be owned by the Bank and allow OST to move funds using ACH debits and credits as appropriate. The account will be funded by OST on the date of CD settlement by the Bank on CD maturity and by the Bank for CD interest when due. OST reserves the right to use the Fed Wire system at its discretion. If an ACH credit to fund a CD is returned in error by the Bank, interest will continue to accrue from the Issue Date. If an ACH debit to collect principal or interest is returned in error by the Bank, the Bank will be notified by OST to remit the funds plus interest at the daily rate of the CD in effect via Fed Wire to OST.
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Movement of Funds. (a) No third-party payment of funds in or out will be accepted. All funds paid into your Account at CJC must be from an account that belongs to you and all funds paid to you must be to an account that belongs to you. (b) CJC reserves the right to refuse any payment in or out. (c) CJC shall not be responsible or liable for any losses or costs incurred directly or indirectly by you or any party due to the non-acceptance of funds. (d) CJC shall not be responsible or liable for any losses due to the stop-out closing of Positions due to the non-acceptance of funds for the intention of funding margin requirement. (e) Some payments may be subject to withholding fees or other form of expenses or deductions. The final amount that CJC receives may be less the amount originally remitted or what you expect. CJC is the recipient and has no control of the amount of deductions. You are advised to take note of such deductions and to ensure that funds to be received at CJC will be of a sufficient quantity. This is especially important if the funds are for satisfying margin requirements. (f) While CJC will endeavour to credit your account with funds received as soon as possible, this may not be possible if funds are received during hours when the office is not operational, when an investigation is needed to ascertain the source or ownership of funds or when the amount received is in dispute. Clients are to ensure that funds sent to CJC are in cleared funds, from a legitimate source and not subject to any encumbrances. (g) It is your responsibility to ensure that instructions for payment out of funds are correct, clear and sufficient. CJC does not accept any losses or costs incurred due to incorrect or insufficient information given by you. (h) CJC may withhold payments if (i) It is necessary to meet regulatory or legal obligations (ii) Your Position requires the withholding of funds to meet a potential adverse movement in the value of your equity. (iii) There is an unresolved dispute between You and CJC. (iv) You have an unpaid or contingent liability to CJC. (i) The amount of funds that you receive may be less than that remitted due to expenses and fees.
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Movement of Funds. No Funds can be moved to the other 2016 SIF IAH Components or the SHIP Component from the Program.
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Movement of Funds. 资金流向 a) No third-party payment of funds in or out will be accepted. All funds paid into your Account at HC must be from an account that belongs to you and all funds paid to you must be to an account that belongs to you. HC 不接受任何第三方的资金转入或转出。所有转入客户账户的资金必须来自客户的同名银行账户，所有转出资金也必须指定到客户本人的同名银行账户。 b) HC reserves the right to refuse any payment in or out. HC 保留拒绝任何资金转入或转出的权利。 c) HC shall not be responsible or liable for any losses or costs incurred directly or indirectly by you or any party due to the non-acceptance of funds. 任何因资金转入转出接收问题直接或间接导致的客户或第三方造成的损失，HC 概不负责。 d) HC shall not be responsible or liable for any losses due to the stop-out closing of Positions due to the non-acceptance of funds for the intention of funding margin requirement. 任何因资金转入转出接收问题导致客户无法及时追加保证金触发强制平仓而造成损失的，HC 概不负责。 e) Some payments may be subject to withholding fees or other form of expenses or deductions. The final amount that HC receives may be less the amount originally remitted or what you expect. HC is the recipient and has no control of the amount of deductions. You are advised to take note of such deductions and to ensure that funds to be received at HC will be of a sufficient quantity. This is especially important if the funds are for satisfying margin requirements. 在资金转入的过程中可能需要扣减银行手续费用，或发生其它形式的费用扣减。HC 收到的最终金额可能少于客户的汇出金额或预期金额。HC 作为接收方不能控制扣减额。请客户关注并预算好扣减额以确保 HC能收到足额资金，尤其要注意在追加保证金时进行的资金转入操作。 f) While HC will endeavour to credit your account with funds received as soon as possible, this may not be possible if funds are received during hours when the office is not operational, when an investigation is needed to ascertain the source or ownership of funds or when the amount received is in dispute. Clients are to ensure that funds sent to HC are in cleared funds, from a legitimate source and not subject to any encumbrances. HC 会尽快确认收到的客户款项并转入其持有账户。但如果到账时间发生在非工作时间；或须按相关法规对客户资金来源或所有权进一步确认；或当到账金额出现争议时；资金到账时间可能会发生延迟。客户应确保汇入 HC 的资金来源正当合法，不存在任何产权负担约束。 g) It is your responsibility to ensure that instructions for payment out of funds are correct, clear and sufficient. HC does not accept any losses or costs incurred due to incorrect or insufficient information given by you. 客户有责任确保所有资金转出指示都是正确、清晰和充分的。由于客户提供信息不正确或不充分而产生的损失，HC 概不负责。 h) HC may withhold payments if 如果发生以下情况，HC 有权扣留客户的账户资金转出 i. It is necessary to meet regulatory or legal obligations. HC 必须履行监管或法律义务。 ii. Your Position requires the withholding of funds to meet a potential adverse movement in the value of your equity. 客户的持有头寸需要扣留资金，以应对账户...
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Movement of Funds. For providers with two or more programs, in the event that the net reimbursable cost for any single program is less than the program maximum funding allocation, ACBH may apply or move the underutilized funding to provider’s other programs whose net costs have exceeded the maximum funding allocation, as long as the movement of funding does not: i. Impact the amount of required County match; and/or ii. Move services between age-based Systems of Care (i.e., Adolescent, Adults); and/or iii. Move services between different service modalities (i.e. outpatient versus residential); and/or iv. Modify an allocation that has been set by a competitive procurement request for proposals (RFP) process; and/or v. Impact a categorical allocation and/or funding stream for a particular program/RU including but not limited to grants, CalWORKs; and/or vi. Shift funds between programs/RUs that have a different method of reimbursement such as provisional rate, negotiated rate or actual cost; and/or vii. Result in a program expansion of greater than 25 percent for the smaller program/RU when there is a funds transfer from a larger program/RU into a smaller program/RU; and/or viii. Cause a cumulative transfer of funds from numerous programs/RUs to be greater than 20 percent of the total contract allocation during the contract term.
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Movement of Funds. Without the prior written consent of the Board, (i) the Company shall not transfer funds, including, without limitation, regulatory net capital (“Restricted Funds”), except for payments of allocations of expenses in the ordinary course of business, to any Subsidiary and (ii) no Subsidiary shall transfer Restricted Funds to another Subsidiary, if such transfer of Restricted Funds is effected to satisfy capital requirements for the party receiving such Restricted Funds except for payments of allocations of expenses in the ordinary course of business. Any such transfers of Restricted Funds approved by the Board shall be appropriately recorded on the books and records of the parties to such transfer of Restricted Funds in accordance with applicable Laws.
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Movement of Funds. In order to facilitate movement of money into or out of the investment account a majority vote of the Commission is required. However; any paperwork on documents that must be signed to establish the brokerage account or to amend or update the brokerage account will require the signatures of all three Commission members.
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Related to Movement of Funds

  • Payment of Funds No federal appropriated funds have been paid or will be paid by or on behalf of the parties to any person for influencing or attempting to influence an officer or employee of any federal agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan, or cooperative agreement.

  • Disbursement of Funds (a) No later than 2:00 p.m. (New York City time) on the date specified in each Notice of Borrowing (including Mandatory Borrowings), each Lender made available its pro rata portion, if any, of each Borrowing requested to be made on such date in the manner provided below; provided that on the Original Closing Date, such funds were made available at such earlier time as may be agreed among the Lenders, the Borrower and the Administrative Agent for the purpose of consummating the Transactions; provided further that all Swingline Loans shall be made available to the Borrower in the full amount thereof by the Swingline Lender no later than 4:00 p.m. (New York City time) on the date requested. (b) Each Lender shall make available all amounts it is to fund to the Borrower under any Borrowing for its applicable Commitments, and in immediately available funds to the Administrative Agent at the Administrative Agent’s Office and the Administrative Agent will (except in the case of Mandatory Borrowings and Borrowings to repay Unpaid Drawings) make available to the Borrower, by depositing to an account designated by the Borrower to the Administrative Agent the aggregate of the amounts so made available in the applicable currency. Unless the Administrative Agent shall have been notified by any Lender prior to the date of any such Borrowing that such Lender does not intend to make available to the Administrative Agent its portion of the Borrowing or Borrowings to be made on such date, the Administrative Agent may assume that such Lender has made such amount available to the Administrative Agent on such date of Borrowing, and the Administrative Agent, in reliance upon such assumption, may (in its sole discretion and without any obligation to do so) make available to the Borrower a corresponding amount. If such corresponding amount is not in fact made available to the Administrative Agent by such Lender and the Administrative Agent has made available such amount to the Borrower, the Administrative Agent shall be entitled to recover such corresponding amount from such Lender. If such Lender does not pay such corresponding amount forthwith upon the Administrative Agent’s demand therefor the Administrative Agent shall promptly notify the Borrower and the Borrower shall immediately pay such corresponding amount to the Administrative Agent in the applicable currency. The Administrative Agent shall also be entitled to recover from such Lender or the Borrower interest on such corresponding amount in respect of each day from the date such corresponding amount was made available by the Administrative Agent to the Borrower to the date such corresponding amount is recovered by the Administrative Agent, at a rate per annum equal to (i) if paid by such Lender, the Overnight Rate or (ii) if paid by the Borrower, the then-applicable rate of interest or fees, calculated in accordance with Section 2.8, for the respective Loans. (c) Nothing in this Section 2.4 shall be deemed to relieve any Lender from its obligation to, fulfill its commitments hereunder or to prejudice any rights that the Borrower may have against any Lender as a result of any default by such Lender hereunder (it being understood, however, that no Lender shall be responsible for the failure of any other Lender to fulfill its commitments hereunder).

  • Investment of Funds NCPS will not commingle Escrow Funds received by it in escrow with funds of others and shall not invest such Escrow Funds. The Escrow Funds will be held in a non-interest bearing account.

  • Collection of Funds Except as permitted under this Indenture, the Indenture Trustee may demand payment or delivery of, and will receive and collect, directly the funds and other property payable to or to be received by the Indenture Trustee under this Indenture and the Sale and Servicing Agreement. The Indenture Trustee will apply the funds and other property received by it, and will make deposits to, and distributions from, the Bank Accounts, under this Indenture and the Sale and Servicing Agreement.

  • Deposit of Funds Before 11:00 A.M., New York City time, on each Redemption Date, Fundamental Change Repurchase Date or Interest Payment Date, and on the Maturity Date or any other date on which any cash amount is due on the Notes, the Company will deposit, or will cause there to be deposited, with the Paying Agent cash, in funds immediately available on such date, sufficient to pay the cash amount due on the applicable Notes on such date. The Paying Agent will return to the Company, as soon as practicable, any money not required for such purpose.

  • Repayment of Funds If AMO declares that an Event of Default has not been cured to its exclusive satisfaction, AMO reserves the right to declare that prior payments of Funds become a debt to Canada which the Recipient will reimburse forthwith on demand to AMO for transmission to Canada.

  • Availability of Funds The County may terminate this Agreement or a portion of the services referenced in the Attachments and Exhibits based upon unavailability of Federal, State, or County funds, by providing written notice to Contractor as soon as is reasonably possible after the County learns of said unavailability of outside funding.

  • Commingling of Funds So long as the Company is Servicer, any collections in respect of Contracts collected by the Company shall, prior to the deposit thereof in the Certificate Account, be held in bank accounts entitled substantially as follows: "[name of depository], as agent for U.S. Bank National Association as Trustee, other trustees, and Green Tree Financial Corporation, as their interests may appear."

  • Allocation of Funds A. The Faculty Development Committee shall approve all applications for reassignment of duties that do not require additional funding and have been endorsed by the applicant’s Division. B. The Faculty Development Committee shall follow the guidelines established in consultation between the parties in deciding which applications for faculty development funding will be approved.

  • Limitation of Funds In no case shall the Government’s financial liability exceed the amount obligated under this Agreement.

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