Held Funds definition

Held Funds has the meaning specified in Section 3.1(b)(iii).
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Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s Designated Settlement Account pursuant to Rule 6.3.9.2.
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Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sender’s CHATS Ledger Account pursuant to Rule 6.3.13.2.
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Examples of Held Funds in a sentence

  • Held Funds shall bear interest at the Applicable Reference Rate which would have been applicable to such amounts if such amounts had been made available to the Company pursuant to the applicable requested Advance plus 1.50% per annum.


More Definitions of Held Funds

Held Funds means in respect of a GTRS Payment Instruction or a BOJ DvP Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s CHATS Ledger Account pursuant to Rule 6.3.14.2 or 6.3.16.2 respectively.
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Held Funds means in respect of a GTRS Payment Instruction, a hold up to the relevant transaction amount applied by HKICL to the Sending Member’s CHATS Ledger Account pursuant to Rule 6.3.14.2.
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Related to Held Funds

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Investment Account As defined in Section 3.12(a).

  • Holding Account means an account:

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).