Improperly Deposited Funds definition

Improperly Deposited Funds. If Windcave deposits funds in Customer’s bank account(s) that do not rightfully belong to Customer (“Improperly Deposited Funds”), Customer shall return the Improperly Deposited Funds to Windcave without offset within five (5) calendar days of a written request to do so by Windcave. If Customer fails to comply with the terms of this Section, Windcave may immediately suspend services to Customer until Customer returns the Improperly Deposited Funds. Customer will be liable to Windcave for the Improperly Deposited Funds, and all costs (including legal costs on a solicitor-client basis) incurred by Windcave in recovering the Improperly Deposited Funds.
Improperly Deposited Funds. If PX deposits funds in Customer’s bank account(s) that do not rightfully belong to Customer (“Improperly Deposited Funds”), Customer shall return the Improperly Deposited Funds to PX without offset within five (5) calendar days of a written request to do so by PX. If Customer fails to comply with the terms of this Section, PX may immediately suspend services to Customer until Customer returns the Improperly Deposited Funds. Customer will be liable to PX for the Improperly Deposited Funds, and all costs (including legal costs on a solicitor-client basis) incurred by PX in recovering the Improperly Deposited Funds.
Improperly Deposited Funds. If Windcave deposits funds in Customer’s bank account(s) that do not rightfully belong to Customer (“Improperly Deposited Funds”), Customer shall return the Improperly Deposited Funds to Windcave without offset within five (5) calendar days of a written request to do so by Windcave. If Customer fails to comply with the terms of this clause, Windcave may immediately suspend services to Customer until Customer returns the

Examples of Improperly Deposited Funds in a sentence

  • Customer will return all Improperly Deposited Funds to PX within five (5) calendar days of a written request to do so by PX.

  • If Customer fails to comply with the terms of this Section, PX may immediately suspend services to Customer until Customer returns the Improperly Deposited Funds.

  • Customer will be liable to PX for the Improperly Deposited Funds, and all costs (including legal costs on an attorney-client basis) incurred by PX in recovering the Improperly Deposited Funds.

  • If Customer fails to comply with the terms of this Section, Windcave may immediately suspend services to Customer until Customer returns the Improperly Deposited Funds.

  • Customer will be liable to Windcave for the Improperly Deposited Funds, and all costs (including legal costs on an attorney-client basis) incurred by Windcave in recovering the Improperly Deposited Funds.

  • One direction can be seen by Noetherian Induction (Figure 10), due to the fact that closedness ensures applicability of the induction hypothesis, and the other follows from the second part of Lemma 3.10.

  • Customer will return all Improperly Deposited Funds to Windcave within five (5) calendar days of a written request to do so by Windcave.

  • Customer will be liable to Windcave for the Improperly Deposited Funds, and all costs (including legal costs on a solicitor-client basis) incurred by Windcave in recovering the Improperly Deposited Funds.


More Definitions of Improperly Deposited Funds

Improperly Deposited Funds. If PX deposits funds in Customer’s bank account(s) that do not rightfully belong to Customer (“Improperly Deposited Funds”), Customer shall return the Improperly Deposited Funds to PX without offset within five (5)

Related to Improperly Deposited Funds

  • Imposition Deposits are defined in Section 7(a).

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Deposited Property means the Deposited Securities and any cash and other property held on deposit by the Depositary and the Custodian in respect of the ADSs under the terms of the Deposit Agreement, subject, in the case of cash, to the provisions of Section 4.8. All Deposited Property shall be held by the Custodian, the Depositary and their respective nominees for the benefit of the Holders and Beneficial Owners of the ADSs representing the Deposited Property. The Deposited Property is not intended to, and shall not, constitute proprietary assets of the Depositary, the Custodian or their nominees. Beneficial ownership in the Deposited Property is intended to be, and shall at all times during the term of the Deposit Agreement continue to be, vested in the Beneficial Owners of the ADSs representing the Deposited Property.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50 and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Original Deposit Agreement shall have the meaning given to such term in the preambles to the Deposit Agreement.