Finductive Internal Transfers Clause Samples

The 'Finductive Internal Transfers' clause governs the process and conditions under which funds can be moved between accounts held within the Finductive platform. Typically, this clause outlines the procedures for initiating such transfers, any applicable fees, and the timeframes for completion. It may also specify restrictions, such as only allowing transfers between accounts owned by the same customer or within certain currencies. The core function of this clause is to provide clear rules and expectations for internal fund movements, thereby ensuring efficient and secure handling of client assets within the platform.
Finductive Internal Transfers. The Account Holder may transfer money to other Finductive Payment Accounts through the “Internal Transfers” function on the Platform.
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Related to Finductive Internal Transfers

  • Reverse Stock Split The Company has taken all necessary corporate action to effectuate a reverse stock split of its shares of Common Stock on the basis of one (1) such share for each [•] ([•]) issued and outstanding shares thereof (the “Reverse Stock Split”), such Reverse Stock Split to be effective no later than the first trading day of the Firm Shares following the date hereof.

  • Stock Splits and Combinations If the Company shall at any time subdivide or combine its outstanding shares of Common Stock, this Warrant shall, after that subdivision or combination, evidence the right to purchase the number of shares of Common Stock that would have been issuable as a result of that change with respect to the shares of Common Stock which were purchasable under this Warrant immediately before that subdivision or combination. If the Company shall at any time subdivide the outstanding shares of Common Stock, the Warrant Exercise Price then in effect immediately before that subdivision shall be proportionately decreased, and, if the Company shall at any time combine the outstanding shares of Common Stock, the Warrant Exercise Price then in effect immediately before that combination shall be proportionately increased. Any adjustment under this section shall become effective at the close of business on the date the subdivision or combination becomes effective.