Held Funds definition

Held Funds has the meaning specified in Section 3.1(b)(iii).
Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s Designated Settlement Account pursuant to Rule 6.3.9.2.
Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sender’s CHATS Ledger Account pursuant to Rule 6.3.13.2.

Examples of Held Funds in a sentence

  • Held Funds shall bear interest at the Applicable Reference Rate which would have been applicable to such amounts if such amounts had been made available to the Company pursuant to the applicable requested Advance plus 1.50% per annum.

  • You can play eligible games with Held Funds but you cannot withdraw Held Funds from your account.

  • Until the wagering requirement is met, any winnings generated from the Token will be deposited in your Held Funds account.

  • The amounts reported in these supplemental financial statements include all Trustee Held Funds maintained by the Authority’s various trustees.

  • Interest income on these accounts (except for accounts held under the Capital Asset Program) and the interest expense on the bonds and notes are recorded in the borrowers financial statements, and therefore, the Authority does not present a statement of revenues, expenses and changes in fund balance for the Trustee Held Funds.

  • For any Held Funds, SI, after confirmation with the relevant GTRS, may manually process the Held Funds to release the Held Funds to the Sending Member or the Receiving Member, as the case may be.

  • The amounts reported in these supplementary financial statements include all Trustee Held Funds (the “Funds”) maintained by the Authority's various trustees.

  • Description of Funds – The Authority maintains books of account for each of the issues of debt outstanding and for its mortgage servicing funds (Trustee Held Funds).

  • In the event that the relevant GTRS cannot confirm that the corresponding security transactions will be settled, Held Funds will be released to the Sender at a time pre-defined by MA and CB as stipulated in Operating Procedures.

  • Sum of the Estimated Funds (I), Community Held Funds (J) and Other Revenue (K).


More Definitions of Held Funds

Held Funds means in respect of a GTRS Payment Instruction or a BOJ DvP Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s CHATS Ledger Account pursuant to Rule 6.3.14.2 or 6.3.16.2 respectively.
Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s CHATS Ledger Account pursuant to Rule 6.3.14.2.

Related to Held Funds

  • Funds means financial assets and benefits of every kind, including, but not limited to: