Cash Equivalent Items definition
Cash Equivalent Items means instruments or investments that are highly liquid and marketable and are considered good as cash, including savings and/or time deposits (peso or foreign currency denominated) maintained with any duly licensed universal, commercial or thrift bank that has passed the accreditation process of the Fund Manager.
Cash Equivalent Items means traveler’s checks; money orders; wire transfers; gift cards; lottery, betting and gambling purchases; and payments made to government entities. The Account may not be used for Internet lottery, betting or gambling transactions or for any illegal transactions. We may refuse a request for a purchase or cash advance or return any Check unpaid if your right to use the Account has been revoked, if the transaction would cause you to exceed your applicable Revolving Credit Limit or Cash Advance Limit, or if you are in default on the Account. We are not responsible for refusal by anyone to honor the Card or Checks. Except as described in the “In Case of Errors or Inquiries About Your Bill” section of this Agreement, we have no liability for any claim you may have arising out of any purchases made with the Card.
Cash Equivalent Items means very short-term instruments or investments of such high liquidity and safety that they are easily convertible to cash at full value;
Examples of Cash Equivalent Items in a sentence
The Manager shall determine the Net Asset Value of Deposited Property based upon the Approved Valuer’s valuation of Real Estate, the Value of Cash and Cash Equivalent Items comprised in the assets of the Trust and other Deposited Property less Liabilities.
More Definitions of Cash Equivalent Items
Cash Equivalent Items includes without limitation, bank deposits, short term investment accounts, money market instruments of investment grade; other instruments of investment grade and other investments of such high liquidity and safety that they are as good as cash as determined by the Manager;
Cash Equivalent Items means traveler’s checks; money orders; wire transfers; lottery, betting and gambling purchases; and payments made to government entities. The Account may not be used for internet lottery, betting or gambling transactions or for any illegal transactions. We may refuse a request for a purchase or cash advance or return any Check unpaid if your right to use the Account has been revoked, if the transaction would cause you to exceed your applicable Credit Limit or Cash Advance Limit, or if you are in default on the Account. We are not responsible for refusal by anyone to honor the Card or Checks. Except as described in the “In Case of Errors or Inquiries About Your Bill” section of this Agreement, we have no liability for any claimyou may have arising out of any purchases made with the Card.