Availability of Funds definition

Availability of Funds means that the funds on a payment account may be used by the payment service user without fees being charged;
Availability of Funds. The parties to this Contract agree and understand that the payment of the sums specified in this Contract is dependent and contingent upon and subject to the appropriation, allocation, and availability of funds for this purpose to the CDSA. Force Majeure: Neither party shall be deemed to be in default of its obligations hereunder if and so long as it is prevented from performing such obligations by any act of war, hostile foreign action, nuclear explosion, riot, strikes, civil insurrection, earthquake, hurricane, tornado, or other catastrophic natural event or act of God.
Availability of Funds. If an image of an item you transmit through the Service is received and accepted before 6:00 PM Eastern Time on a Business Day, we consider that day to be the day of your deposit. Otherwise, we will consider that the deposit was made on the following Business Day. Funds from items deposited through Mobile Deposit will generally be made available in accordance with our published availability schedule; however, we may adjust when funds are made available based on credit worthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors that we, in our sole discretion, deem relevant.

Examples of Availability of Funds in a sentence

  • You hereby agree that you will only scan and deposit a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Regulation CC”): Availability of Funds and Collection of Checks 12 CFR 229.


More Definitions of Availability of Funds

Availability of Funds. The parties to this Contract agree and understand that the payment of the sums specified in this Contract is dependent and contingent upon and subject to the appropriation, allocation, and availability of funds for this purpose to the CDSA. Force Majeure: Neither party shall be deemed to be in default of its obligations hereunder if and so long as it is prevented from performing such obligations by any act of war, hostile foreign action, nuclear explosion, riot, strikes, civil insurrection, earthquake, hurricane, tornado, or other catastrophic natural event or act of God. Survival of Promises: All promises, requirements, terms, conditions, provisions, representations, guarantees, and warranties contained herein shall survive the Contract expiration or termination date unless specifically provided otherwise herein, or unless superseded by applicable Federal or State statutes of limitation. Intellectual Property Rights
Availability of Funds means, with respect to any obligation that constitutes an Allocated Expenses and Asset Management Fee, an Operating Disbursement or a Direct Reimbursement Expense, that sufficient funds have been provided by Owners and are available to Manager to pay such obligation.
Availability of Funds. This Agreement is contingent upon the receipt of funds and continued authorization for program activities. In the event that such funds become unavailable for any reason or authorization for program activities is withdrawn or otherwise modified, COMMCORP has the unilateral right and absolute discretion to modify or terminate this Agreement at any time.
Availability of Funds means, with respect to any obligation that constitutes a Manager Expense, an Operating Disbursement or a Direct Reimbursement Expense, that sufficient funds have been provided by Owners and are available to Manager to pay such obligation. For sake of clarity, with respect to costs for Manager’s obligations constituting Manager Expenses, Availability of Funds means that the Asset Management Fee has been paid, without regard to the actual costs necessary to be incurred by Manager to fulfill such obligations.
Availability of Funds means those funds that are within the monies budgeted to the Sheriff within any annual appropriation, and which may legally be utilized for such purpose. An employee must submit such request by November 1st of each year and shall be notified of such approval or disapproval by November 15th. Amount of Vacation per Year Maximum Cash Payment 120 hours 40 hours 160 hours 80 hours 200 hours 120 hours Section 14. It is the intent of the parties that the terms and conditions of this article specifically preempt and prevail over the statutory rights as set forth in Revised Code sections 9.44 and 325.19.
Availability of Funds. The contract is subject to termination or cancellation, without penalty to TPWD, either in whole or in part, subject to the availability of state or federal funds. TPWD is a state agency whose authority and appropriations are subject to actions of the Texas Legislature. If TPWD becomes subject to a legislative change, revocation of statutory authority, or lack of appropriated or available funds which would render TPWD’s or Performing Agency’s delivery or performance under the contract impossible or unnecessary, the contract will be terminated or cancelled and be deemed null and void. In the event of a termination or cancellation under this Section, TPWD will not be liable to Performing Agency for any damages, which are caused or associated with such termination, or cancellation and TPWD will not be required to give prior notice.
Availability of Funds means that the Lender is satisfied, in the Lender’s entire discretion, that the Lender has funds available in sufficient amounts for the continuing operation of the Scheme and the provision of finance to the Borrower.