Sufficient funds definition

Sufficient funds means that the funds at issue have been delivered for deposit to the financial institution at which such account is maintained and not that such funds are available for withdrawal in accordance with the deposit rules or the funds availability policies of such financial institution.

Sufficient funds means there are sufficient Available Funds to complete the requested transaction.

Sufficient funds shall have the meaning set forth in Section 7.8.

Examples of Sufficient funds in a sentence

• No assurances can be given that we will be able to achieve or sustain profitability.UNCERTAINTY EXISTS AS TO WHETHER OUR BUSINESS WILL HAVE SUFFICIENT FUNDS OVER THE NEXT 12 MONTHS, THEREBY MAKING AN INVESTMENT IN ATLIS SPECULATIVE.We require additional financing to complete development and marketing of our AMV battery technology, XP Platform, and XT Truck until the products are in production and sufficient revenue can be generated for us to be self-sustaining.

• Parent and Purchaser have sufficient funds to purchase all of the shares of Company Common Stock outstanding on a fully diluted basis at the Offer Price, to retire all outstanding indebtedness of the Company and its Subsidiaries and to pay all costs, fees and expenses related to the transactions contemplated by this Agreement (collectively, "SUFFICIENT FUNDS") and such funds will be available at the times required under this Agreement.

• IF THE PARTICIPANT MAINTAINS MORE THAN ONE FORM OF A MONETARY RESERVE FACILITY, THE DETERMINATION OF WHICH MONETARY RESERVE FACILITY OR FACILITIES WILL BE DRAWN IN THE EVENT THAT SUFFICIENT FUNDS ARE NOT ON DEPOSIT IN THE PARTICIPANT'S SETTLEMENT ACCOUNT BY ANY PAYMENT DUE DATE WILL BE MADE BY APX IN IT'S SOLE AND ABSOLUTE DISCRETION.

• IT IS THE DESIRE OF THE PARTIES HERETO AND THE HOLDERS THAT THERE BE AT ALL TIMES SUFFICIENT FUNDS FOR THE PAYMENT OF PRINCIPAL OF AND PREMIUM, IF ANY, AND INTEREST ON THE STORM RECOVERY BONDS, AND THE INDENTURE TRUSTEE SHALL TAKE SUCH DESIRE INTO ACCOUNT WHEN DETERMINING WHETHER OR NOT TO MAINTAIN POSSESSION OF THE STORM RECOVERY BOND COLLATERAL.

• WE MAY BE UNABLE TO OBTAIN SUFFICIENT FUNDS TO EFFECTIVELY OPERATE OUR BUSINESS WHICH COULD DAMAGE OUR COMPETITIVE POSITION.

More Definitions of Sufficient funds

Sufficient funds has the meaning assigned in Section 5.2(b).

Sufficient funds means the following:

Sufficient funds. For External Transfers, I must have sufficient available funds in the designated account at 1:00 p.m. PST on the Send Date (the “Cut-Off Time”) for you to properly process my transfer instructions. Amounts subject to hold pursuant to your hold policy, amounts pledged as collateral, and other funds subject to restrictions on withdrawal are excluded from the available balance in an account. If sufficient funds are not available in the designated account on the designated Send Date by the Cut Off Time to transfer the full amount designated, your system will automatically attempt to re-process the External Transfer for the full amount designated for the next two (2) business days.

Sufficient funds means the net available funds in a settlement account of a participant in the system IPS after net settlement of payment transactions;

Sufficient funds means such amounts as are sufficient to pay the principal of and premium, if any, and interest, due on the Notes on the stated maturity date or on a redemption date, if applicable.

Sufficient funds means funds credited to the Customer Funds Account pending transfer to the proposed Payee under a corresponding Payment Order, in an amount that is sufficient to cover all the Payment Transactions to which the Payment Order relates and Fees payable to us in relation to those Payment Transactions;

Sufficient funds means with respect to the Series B Bonds, Net Income Available for Debt Service in each Fiscal year, less the amount actually paid as Lease Payments in such Fiscal Year in relation to the Series A Bonds, Completion Bonds, Additional Bonds and Refunding Bonds.