Moving Funds Clause Samples

The "Moving Funds" clause defines the procedures and conditions under which money is transferred between parties under the agreement. Typically, it outlines the methods of payment, timing, and any requirements for notification or approval before funds are moved. For example, it may specify that payments must be made via wire transfer to a designated account within a certain timeframe after an invoice is received. This clause ensures that both parties have a clear understanding of how and when financial transactions will occur, reducing the risk of disputes or delays related to payments.
POPULAR SAMPLE Copied 1 times
Moving Funds. You may move up to $50,000 per transaction between your checking account and savings account or from your Credit Card account to your checking account using a First Hawaiian ATM.
View SourceView Similar (74)
Moving Funds. Zero Hash will move funds between Participants based on Transaction Data received from Transaction Platforms in relation to the Participants' trading activity on Transaction Platforms.
View SourceView Similar (4)
Moving Funds. Despite section A4.4, the Recipient may move Funds equaling up to ten percent (10%) of the allocation in one line within a Budget category in Schedule “D” to another line within the same Budget category, except for expenses listed under the Budget category “Other” (if any) in Schedule “D” which may not be moved without approval from the Province. In moving Funds under this section A4.11, the Recipient may not reduce any Budget line by more than ten percent (10%) of its original allocation or increase any Budget line by more than twenty percent (20%) of its original allocation.
View SourceView Similar (2)
Moving Funds. You may move up to $50,000 per transa ct ion between your checking account and savings account or from your Credit Card account to your checking account using a First Hawaiian ATM.
View Source

Related to Moving Funds

  • Matching Funds The Recipient shall, at a minimum, contribute not less than twenty-five percent (25%) of the total Cost of Project as set forth in Appendix D of this Agreement. The Matching Funds shall be for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement. In the event that the total actual Project costs exceed the estimated Cost of Project identified in Appendix D, the OPWC shall not be required to increase the maximum amount of the grant provided herein and the Recipient shall increase its Matching Funds to meet such actual Cost of Project.

  • Sinking Fund The provisions of Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise specified as contemplated by Section 2.01 for Securities of such series. The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an “optional sinking fund payment”. If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 3.05. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

  • On-Going Funding For the current term the Boards agree to contribute funds to support the Trust as follows: