Transfer Threshold definition
Examples of Transfer Threshold in a sentence
From time to time, some or all of the Account Owner’s holdings within the Investment Account may need to be liquidated and the proceeds transferred to the Cash Account in order to facilitate distributions or for other purposes described in this Agreement, such as to replenish the Cash Account so that its balance meets the Investment Transfer Threshold.
When the Cash Account exceeds the Investment Transfer Threshold by at least the Minimum Auto-Transfer Amount, the excess will automatically be transferred to the Investment Account.
If the Client selected Single Settlement Approval above, please indicate the desired thresholds (if any): ● Internal Transfer Threshold: $ CAD ● Wire Threshold: $ CAD If the Client does not indicate a threshold, the Client agrees that any one (1) Authorized User, acting alone, may Approve all Internal Transfers or Wires, as the case may be, regardless of the amount.
Subject to Clause 5.2 (Founders’ Inter-se ROFO) above, any Transfer of Equity Securities by a Founder beyond the Free Transfer Threshold shall require the prior written consent of each of the Nadathur Group, New Investor 1 and the New Investor 2 Group (“Transfer Consent”).