Unclaimed Monies definition

Unclaimed Monies means monies remaining in the inactive Card for a period of not less than seven (7) years from the last transaction date as defined under the prevailing Unclaimed Monies Act, 1965;
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Unclaimed Monies means monies remaining in the Touch ‘n Go Charm for a period of not less than seven (7) years from the last transaction date as defined under the prevailing Unclaimed Money Act, 1965; and
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Unclaimed Monies means any Currencies payable to Members under this Deed which are unclaimed;
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Examples of Unclaimed Monies in a sentence

  • Under the prevailing Unclaimed Monies Act 1965, any monies standing to the credit of an account that has not been operated in whatever manner by the Depositor(s) for a period of not less than seven (7) years will be classified as “Unclaimed Money”.

  • Depositor(s) will be given a notice within twenty one (21) calendar days notice prior sending the monies to the Registrar of Unclaimed Monies (“the RUM”).

  • In the event the credit balance in the Account is remitted to the Registrar of Unclaimed Moneys pursuant the Unclaimed Monies Act 1965, the Account will then be closed.

  • For Dormant Accounts with balances of more than RM10, you may charge an annual service fee of not more than RM10 (or such other amount as you may specify from time to time) until the remaining balances are sent to the Registrar of Unclaimed Monies in accordance with the Unclaimed Monies Act 1965.

  • For dormant account with balance more than the above balance, the Bank may charge an annual service fee until the remaining balances are sent to Unclaimed Monies as per the Unclaimed Money Act 1965.

  • In the event the credit balance in any account is remitted to the Registrar of Unclaimed Moneys pursuant to the Unclaimed Monies Act 1965, that account will then be closed.

  • In the event the credit balance in the Account is remitted to the Registrar of Unclaimed Moneys pursuant to the Unclaimed Monies Act 1965, the Account will then be closed.

  • For Dormant Accounts with balances of more than RM10, you may charge an annual service fee of not more than RM10 (or such other amount as you may specify from time to time under “Fees and Charges” on your website www.citibank.com.my) until the remaining balances are sent to the Registrar of Unclaimed Monies in accordance with the Unclaimed Monies Act 1965.

  • The Bank shall provide me/us with twenty one (21) days’ notice prior to any such remittance to the Registrar of Unclaimed Monies.

  • All dividends unclaimed for more than one year after having been declared may be dealt with in accordance with the provisions of the Unclaimed Monies Act, 1965.

Related to Unclaimed Monies

  • Government Obligations means (i) securities which are (A) direct obligations of the United States of America or the government which issued the Foreign Currency in which the Securities of a particular series are payable, for the payment of which its full faith and credit is pledged or (B) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America or such government which issued the Foreign Currency in which the Securities of such series are payable, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America or such other government, which, in either case, are not callable or redeemable at the option of the issuer thereof, and (iii) a depository receipt issued by a bank or trust company as custodian with respect to any such Government Obligation or a specific payment of interest on or principal of any such Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the Government Obligation or the specific payment of interest on or principal of the Government Obligation evidenced by such depository receipt.

  • Money means a medium of exchange currently authorized or adopted by a domestic or foreign government. The term includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more countries.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Recoveries means, with respect to any Receivable that becomes a Liquidated Receivable, monies collected in respect thereof, from whatever source, during any Collection Period following the Collection Period in which such Receivable became a Liquidated Receivable, net of the sum of any amounts expended by the Servicer for the account of the Obligor and any amounts required by law to be remitted to the Obligor.