Sufficient funds definition
Sufficient funds means that the funds at issue have been delivered for deposit to the financial institution at which such account is maintained and not that such funds are available for withdrawal in accordance with the deposit rules or the funds availability policies of such financial institution.
Sufficient funds means there are sufficient Available Funds to complete the requested transaction.
Sufficient funds has the meaning specified in Section 4.03(a).
Examples of Sufficient funds in a sentence
Sufficient funds (75% of the amount of known losses as of July 1, annually) shall also be reserved for the incurred, but not reported, losses.
Sufficient funds are budgeted and available in the Sewer Fund, Sewer Systems Treatment, Refuse/Disposal Fess account number 4125200- 422700.
More Definitions of Sufficient funds
Sufficient funds shall have the meaning set forth in Section 7.8.
Sufficient funds means funds credited to the Customer Funds Account pending transfer to the proposed Payee under a corresponding Payment Order, in an amount that is sufficient to cover all the Payment Transactions to which the Payment Order relates and Fees payable to us in relation to those Payment Transactions;
Sufficient funds. For External Transfers, I must have sufficient available funds in the designated account at 1:00 p.m. PST on the Send Date (the “Cut-Off Time”) for you to properly process my transfer instructions. Amounts subject to hold pursuant to your hold policy, amounts pledged as collateral, and other funds subject to restrictions on withdrawal are excluded from the available balance in an account. If sufficient funds are not available in the designated account on the designated Send Date by the Cut Off Time to transfer the full amount designated, your system will automatically attempt to re-process the External Transfer for the full amount designated for the next two (2) business days.
Sufficient funds means the following:
Sufficient funds means with respect to the Series B Bonds, Net Income Available for Debt Service in each Fiscal year, less the amount actually paid as Lease Payments in such Fiscal Year in relation to the Series A Bonds, Completion Bonds, Additional Bonds and Refunding Bonds.
Sufficient funds means such amounts as are sufficient to pay the principal of and premium, if any, and interest, due on the Notes on the stated maturity date or on a redemption date, if applicable.
Sufficient funds means the net available funds in a settlement account of a participant in the system IPS after net settlement of payment transactions;