Withdrawable Funds definition

Withdrawable Funds means interest and dividends paid on Company Securities or invested cash, but does not include any principal of Company Deposits whether as a result of maturity, redemption, or otherwise. The Bank shall collect the Withdrawable Funds in the Account and, subject to any written restriction imposed by OHA, promptly send such Withdrawable Funds by check or by wire transfer to the Company in accordance with the section of the Company below as follows: If transferred by check, sent by U.S. Mail, or other authorized carrier, to: Name: __________________________________________ Address: __________________________________________ City/State/Zip: __________________________________________ _________ (To be initialed by Company if payment by check is desired) If transferred by wire, directed to: ABA Routing No: ____________________________________ Bank Name: ____________________________________ Account No: ____________________________________ Beneficiary: ____________________________________ _________ (To be initialed by Company if payment by wire transfer is desired) The Company may modify the method of delivery selected or the Written Instructions given or the method of collection and transmission of the withdrawable funds, above by Written Instructions.
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Withdrawable Funds means the Free Cash in Trading Accounts on FP Global and so means the amount you means the Retail Client, being a person or persons in whose name we open an Account (including any Authorised Person), following an application by that person or those persons. You, the Client, are bound by these Terms.
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Withdrawable Funds means the Free Cash in Trading Accounts on ZERO Global and so means the amount of credit balance in a Trading Account available for being used as Margin (to cover adverse movements in the value of your existing positions or towards new positions). There is Withdrawable Funds only if your Margin Cover is a positive amount. The amount of the Withdrawable Funds is the surplus (if any) of the cash balance credited to your Trading Account and unrealised profit and loss over the required minimum Margin Cover. If the Margin Cover is not positive, there will be no Withdrawable Funds. The amount is subject to final adjustment by ZERO Securities Pty Ltd at any time including immediately after payment of cash to the Client for any reason whatever, including changes in value or level of Underlying Financial Products, interest rates, currency rates, and unposted (or unreported) but accrued Finance Charges or Transaction Charges. You mean the Retail Client, being a person or persons in whose name we open an Account (including any Authorised Person), following an application by that person or those persons. You, the Client, are bound by these Terms. Schedule 1 – CFD terms
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Examples of Withdrawable Funds in a sentence

  • The Bank shall have no obligation to make any disbursement of any Withdrawable Funds (or any other funds) to the Company or any other person until the Bank had received final payment therefor.

  • Withdrawal or delivery of Company Deposits (excluding Withdrawable Funds) by the Company shall be permitted or made only upon Written Instructions of the Company, but only if OHA has approved the specific transaction by written instruction that states the amount of withdrawal or delivery method.

  • In the event that the Bank credits the Account in anticipation of the Bank’s collection of Withdrawable Funds (or any other funds) that the Bank is then unable to collect, the Bank may charge such amounts back to the Account and, to the extent there are insufficient funds in the Account to reimburse the Bank, the Company agrees to reimburse the Bank within one business day after demand in immediately available funds.

  • The Bank’s responsibilities under this Agreement are limited to the safe holding of Company Deposits, collecting dividends and interest thereon, and disbursing Withdrawable Funds as set forth in this Agreement.

  • The Bank will invest cash in the Account (other than Withdrawable Funds) pursuant to Written Instructions of the Company.

  • From and after the occurrence of any Trigger Event, unless otherwise directed by Agent, (i) all funds on deposit in each Concentration Account (including any Withdrawable Funds in any State Concentration Account) shall be transferred at the end of each Business Day by wire transfer to the Master Concentration Account and (ii) all funds on deposit in the Master Concentration Account shall be wire transferred to the Collateral Agent's bank account at ▇.


More Definitions of Withdrawable Funds

Withdrawable Funds means the Free Cash in Trading Accounts on FP Global and so means the amount of credit balance in a Trading Account available for being used as Margin(to cover adverse movements in the value of your existing positions or towards new positions). There is Withdrawable Funds only if your Margin Cover is a positive amount. The amount of the Withdrawable Funds is the surplus (if any) of the cash balance credited to your Trading Account and unrealised profit and loss over the required minimum Margin Cover. If the Margin Cover is not positive, there will be no Withdrawable Funds. The amount is subject to final adjustment by FP Markets at any time including immediately after payment of cash to
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Withdrawable Funds means the Free Cash in Trading Accounts on FP Global and so means the amount of credit balance in a Trading Account available for being used as Margin(to cover adverse movements in the value of your existing positions or towards new positions). There is Withdrawable Funds only if your Margin Cover is a positive amount. The amount of the Withdrawable Funds is the surplus (if any) of the cash balance credited to your Trading Account and unrealised profit and loss over the required minimum Margin Cover. If the Margin Cover is not positive, there will be no Withdrawable Funds. The amount is subject to final adjustment by FP Markets at any time including immediately after payment of cash to the Client for any reason whatever, including changes in value or level of Underlying Financial Products, interest rates, currency rates, and unposted (or unreported) but accrued Finance Charges or Transaction Charges. You means the Retail Client, being a person or persons in whose name we open an Account (including any Authorised Person), following an application by that person or those persons. You, the Client, are bound by these Terms. Schedule 1 – CFD terms
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Withdrawable Funds means the amount of cash which would be paid to you from the Account if requested. There are Withdrawable Funds only if your Free Margin is a positive amount. The amount of the Withdrawable Funds is the lesser of the cash balance of your Account and the Free Margin. If your Free Margin is not positive, there will be no Withdrawable Funds.
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