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) OR 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 of credit balance in a Trading Account available for being used as Margin (tocoveradverse movementsin 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
Sample 1
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.
Sample 1

Examples of Withdrawable Funds in a sentence

  • If your Margin Cover is not positive, there will be no Withdrawable Funds.

  • Withdrawable Funds means the amount of cash which would be paid to you from the Account if requested.

  • The amount of the Withdrawable Funds is the lesser of the cash balance of your Account and the Margin Cover.

  • There are Withdrawable Funds only if your Account balance is a positive amount.

  • 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.

  • 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.

  • 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.

  • Subject to you meeting all Margin Cover requirements, you are entitled to be paid by OANDA an amount equal to the Withdrawable Funds and, on being paid, there will be a corresponding reduction in the balance of your Account.

  • 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.


More Definitions of Withdrawable Funds

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.
Sample 1
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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Related to Withdrawable Funds

  • Distributable Funds with respect to any month or other period, as applicable, shall mean an amount equal to the Cash Flow of the Company for such month or other period, as applicable, as reduced by reserves for anticipated capital expenditures, future working capital needs and operating expenses, contingent obligations and other purposes of the Company or any Subsidiary, the amounts of which shall be reasonably determined from time to time by the Management Committee.

  • Available Funds With respect to any Distribution Date and the Mortgage Loans to the extent received by the Master Servicer (x) the sum of (i) all scheduled installments of interest (net of the related Expense Fees) and principal due on the Due Date on such Mortgage Loans in the related Due Period and received by the Servicer on or prior to the related Determination Date, together with any P&I Advances in respect thereof; (ii) all Condemnation Proceeds, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries received by the Servicer during the related Prepayment Period (in each case, net of unreimbursed expenses incurred in connection with a liquidation or foreclosure and unreimbursed Advances, if any); (iii) all partial or full prepayments on the Mortgage Loans received by the Servicer during the related Prepayment Period together with all Compensating Interest paid by the Servicer in connection therewith (excluding any Prepayment Charges); (iv) all Substitution Adjustment Amounts with respect to the substitutions of Mortgage Loans that occur on or prior to the related Determination Date; (v) all amounts received with respect to such Distribution Date as the Repurchase Price in respect of a Mortgage Loan repurchased by the Mortgage Loan Seller or the Sponsor on or prior to the related Determination Date; and (vi) the proceeds with respect to the termination of the Trust Fund pursuant to clause (a) of Section 11.01; reduced by (y) amounts in reimbursement for Advances previously made with respect to the Mortgage Loans and other amounts as to which the Servicer, the Depositor, the Master Servicer, the Securities Administrator or the Trustee are entitled to be paid or reimbursed pursuant to this Agreement.

  • Eligible Funds On any Distribution Date, the portion, if any, of the Available Distribution Amount remaining after reduction by the sum of (i) the aggregate amount of Accrued Certificate Interest on the Senior Certificates, (ii) the Senior Principal Distribution Amount (determined without regard to Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P Principal Distribution Amount (determined without regard to Section 4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of Accrued Certificate Interest on the Class M, Class B-1 and Class B-2 Certificates.

  • Eligible Fund means an open-end fund managed by Xxxxxx and designated by the Boards as a fund that may be chosen by a Participant as a fund in which the Participant’s Account may be deemed to be invested.

  • Class A Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class A Floating Percentage of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date, (b) the Class A Floating Percentage of the Reallocated Investor Finance Charge Collections and (c) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Reportable Fund means any 1940-Act registered open end investment company for which an Adviser serves as investment adviser as defined in Section 2(a)(2) of the 1940 Act, or any 1940-Act registered investment company whose investment adviser or principal underwriter Controls an Adviser, is Controlled by an Adviser or is under common Control with an Adviser.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.