Immediately Available Funds definition

Immediately Available Funds. Funds with good value on the day and in the city in which payment is received.
Immediately Available Funds means bank cheque or telegraphic or other electronic means of transfer of cleared funds into a bank account nominated in advance by the payee;
Immediately Available Funds means cash, bank cashier’s check, or a confirmed wire transfer of funds.

Examples of Immediately Available Funds in a sentence

  • Not less than one (1) Business Day prior to the Closing Date, the Purchaser shall cause Immediately Available Funds to be delivered to the Escrow Agent in an amount equal to the Purchase Price, and plus or minus any adjustments for prorations and expenses required under this Agreement.


More Definitions of Immediately Available Funds

Immediately Available Funds means funds—
Immediately Available Funds means payment in funds credited and immediately available to the Funding Corporation’s account at the FRBNY.
Immediately Available Funds means good funds delivered by wire transfer to an account designated by the intended recipient.
Immediately Available Funds means those amounts deposited in the bank which have been presented for payment and for which payment has actually been received, those funds which have completed the electronic funds transfer process and are available for immediate use by the State Treasurer. See Collected Funds.
Immediately Available Funds means cash or certified or official bank check or bank wire.
Immediately Available Funds means an electronic funds transfer made by the payor into a bank account nominated by the payee such that the funds are available to the payee on the same date as the transfer is made.
Immediately Available Funds means cash or bank cheque;