Available Funds Balance definition

Available Funds Balance means the amount of credit balance in the Associated Bank Account or in the client's Account with the Stock Broker which is not subject to any lien or other encumbrance (except in favour of the Stock Broker pursuant to these provisions) and which is freely available to the Stock Broker for blocking and appropriation towards the client's then current or possible future dues to the Stock Broker (including any margin dues), to an Exchange, to clearing house or clearing corporation of the Exchange or to any other person or entity in connection with an order executed by the Stock Broker for the client.
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Available Funds Balance means the amount of credit balance in the Associated Bank Account(s) or in the Client Account with Phillip Commodities which is not subject to any lien or other encumbrance (except in favour of Phillip Commodities pursuant to this Document) and which is freely available to Phillip Commodities for blocking and appropriation towards the Client’s then current or possible future dues to Phillip Commodities, an Exchange, a Clearing Corporation/ Clearing House, a Business Associate(s) and/ or any other individual, partnership, corporation, company, organisation, association, trust or other entity.
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Available Funds Balance means the amount of credit balance in the associated bank account or in the client' account with the member which is not subject to any lien or other encumbrance (except in favor of the member pursuant to this Confirmation) and which is freely available to the member for blocking and appropriation towards the client's then current or possible future obligations to deliver the concerned securities to the member, to an exchange, to a clearing corporation/ house or to any other person or entity in connection with an order executed by the Member for the client.
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Examples of Available Funds Balance in a sentence

  • Shawna provided details on the committed fund balances for Capital Projects and Technology Fund, to identify between Available Cash Accounts and Certificate of Deposit as shown in Available Funds Balance.

  • Form InstructionsThis service grants an institution access to Account Balance, Daylight Overdraft Balance, and Available Funds Balance information, Accounting transactions, daily statements (Accounting Information); and/or monthly Billing information and statements (Billing Information) via the Accounting Management Information (AMI) application for the subscribing institution identified in Section 2.


More Definitions of Available Funds Balance

Available Funds Balance means the amount of credit balance in the Associated Bank Account(s) or in the Client Account with PhillipCapital which is not subject to any lien or other encumbrance (except in favour of PhillipCapital pursuant to this Document) and which is freely available to PhillipCapital for blocking and appropriation towards the Client’s dues to PhillipCapital, an Exchange, a Clearing Corporation / Clearing House, a Business Associate(s) and or any other individual, partnership, corporation, company, organization association trust or other entity.
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Available Funds Balance means the
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Related to Available Funds Balance

  • Available Funds means, with respect to any Payment Date, (1) the sum of the following amounts, without duplication, with respect to the Receivables in respect of the Collection Period preceding such Payment Date: (a) all collections on Receivables, (b) Advances, (c) all Liquidation Proceeds attributable to the Receivables that became Liquidated Receivables during such Collection Period in accordance with the Servicer’s customary servicing procedures and all Recoveries, (d) the Purchase Amount of each Receivable that became a Purchased Receivable as of the last day of the related Collection Period, (e) partial prepayments relating to refunds of warranty or insurance financed by the respective Obligor thereon as part of the original contract and only to the extent not included under clause (a) above, (f) amounts on deposit in the Reserve Account after giving effect to all other deposits and withdrawals thereto or therefrom on the Payment Date relating to such Collection Period in excess of the Required Reserve Amount, (g) amounts on deposit in the Negative Carry Account, if any, after giving effect to all other deposits and withdrawals thereto and therefrom on the Payment Date relating to such Collection Period in excess of the Required Negative Carry Account Balance, (h) Investment Earnings for the related Payment Date, (i) any Collection Account Redeposits for the related Payment Date, (j) all amounts received from the Indenture Trustee pursuant to Section 5.04 of the Indenture and (k) the net amount paid to the Trust under the Interest Rate Swaps since the preceding Payment Date, if any, minus (2) the Servicing Fee, reimbursements for Advances and other amounts payable to the Servicer pursuant to Section 4.08 of the Sale and Servicing Agreement for the related Payment Date (unless the Servicer elects to defer part or all of such fee); provided, however, that in calculating Available Funds all payments and proceeds (including Liquidation Proceeds) of any Purchased Receivables the Purchased Amount of which has been included in Available Funds in a prior Collection Period shall be excluded. Available Funds for each Payment Date will not include, and the amount of Available Funds will not be reduced by, the amount of any Supplemental Servicing Fees.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.