Cash Items means cash as the same is presented in the Company's audited consolidated financial statements for its most recently completed fiscal year.
Cash Items means cash, coins, paper currency, demand deposits with banks, timely checks of others, certified checks, bank drafts, money orders, travelers checks, letters of credit, and shares of a registered investment company that holds itself out as a money market fund and seeks to maintain a stable net asset value of $1.00 per share.
Cash Items means demand checking accounts, investments in money market funds registered under the Investment Company Act and high quality short-term debt instruments held solely for the purpose of providing immediate working capital and short-term liquidity. “face-amount certificates of the installment type” means any certificate, investment contract, or other security which represents an obligation on the part of its issuer to pay a stated or determinable sum or sums at fixed or determinable times more than twenty-four (24) months after issuance, in consideration of the payment of periodic installments.
Examples of Cash Items in a sentence
When such prior credit to deposit accounts is given in connection with automated arrangements, the credits should be offset by appropriate debit entries to item B.1, Cash Items in Process of Collection.
The Bank’s financial assets categorized as loans and receivables are presented as Cash and Other Cash Items, Due from BSP, Due from Other Banks, Loans and Other Receivables, and Other Resources (specifically Security deposits, Petty cash fund and Foreign currency notes and coins on hand) in the statement of financial position.
Report cash on hand as either Coin and Currency or Cash Items in Process of Collection.1a.
Overdrawn accounts of a depositor who maintains more than one transaction account with the reporting institution may be netted against positive balances in the other transaction accounts pursuant to a bona fide cash management arrangement.reported in item B.1, Cash Items in Process of Collection, until they have been charged to either individual or general ledger deposit accounts.
Likewise, Cash and Other Cash Items also increased to P=2.84 billion versus P=2.28 billion in December 2019.
More Definitions of Cash Items
Cash Items means all cash items, suspense items and items in process of collection, that are related to the Branch Deposits and Branch Loans and (i) which, on the Closing Date, have not been outstanding and uncollected for a period in excess of 30 days, or (ii) which otherwise are acceptable to Purchaser.
Cash Items means demand checking accounts, investments in money market funds registered under the Investment Company Act and high quality short-term debt instruments held solely for the purpose of providing immediate working capital and short-term liquidity.
Cash Items means all cash items, suspense items and items in process of collection, that are related to the IB Deposits.
Cash Items means securities and cash and cash equivalent items.
Cash Items means (i) Restricted Cash, plus (ii) minimum cash in the amount of $500,000, plus (iii) bonus payable and management incentive payments (other than amounts payable in connection with the transaction and included in Company Transaction Expenses).
Cash Items means all cash items, suspense items and items in process of collection, that are related to the Branch Deposits and Branch Loans and (i) which, on the Closing Date, have not been outstanding and uncollected for a period in excess of 30 days, or (ii) which otherwise are acceptable to Purchaser. "Closing" and "Closing Date" shall have the meanings assigned to them in Section 4.1 of the Agreement. "Closing Payment" shall have the meaning set forth in Section 3.2. "Demand Deposits" means individual, partnership, corporate and any other negotiable deposits, including, without limitation, NOW accounts. "Deposit" shall have the meaning set forth in Section 3(1) of the Federal Deposit Insurance Act, 12 U.S.C. '1813(l), including, without limitation, individual retirement accounts ("XXX") and cash management accounts. "Depository Institution" means any bank or savings association as those terms are defined in Section 3(c) of the Federal Deposit Insurance Act, 12 U.S.C. '1813(c), and any credit union. "Effective Time" means the 12:01 a.m. on the Closing Date. "Employees" means the employees assigned to the Branch Office from the date of the Agreement through Closing. "Equipment Leases" shall have the meaning set forth in Section 2.1(g). "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "Excluded Assets" shall have the meaning set forth in Section 2.2. "Excluded Deposits" means (i) Brokered Deposits, (ii) deposits which are the subject of attachment, garnishment or other legal process, (iii) such other Deposits as are described on Schedule 2.4(a) hereto, and (iv) related Accrued Interest Payable on such Excluded Deposits. "FDIC" means the Federal Deposit Insurance Corporation. "Federal Funds Rate" shall be the weighted daily mean of the high and low rates quoted for Federal Funds in the Money Rates Column of The Wall Street Journal, or if not reported for such day, the average of such quotations for the last previous day for which such quotations were reported, for the period between the Closing Date and the Adjustment Payment Date. "Final Closing Statement" shall have the meaning set forth in Section 4.3. "GAAP" means generally accepted accounting principles, applied on a consistent basis. "Jumbo Deposit" means a certificate of deposit with a balance of one hundred thousand dollars ($100,000) or more. "Net Book Value" means the value of an asset on the books of Seller as of the Closing Date determined in accordance with GAAP, but withou...
Cash Items include these items (unless the Company deals or trades in any such item): cash; coins; paper currency; demand deposits with banks; checks; bank drafts; money orders; travelers checks (unless purchased in expectation of profit or marketed as an investment); and shares held for cash-management purposes in a U.S. money market fund registered under the Investment Company Act intended to maintain a stable net asset value of $1.00 per share. An item listed above may not constitute a “Cash Item” if the Company deals or trades in that item.