Purchases. On the settlement date for the purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), Bank will debit the Cash Account for the settlement amount and credit a separate account at the Bank. Bank then will post the Securities Account as awaiting receipt of the expected Financial Assets. Customer will not be entitled to the Financial Assets that are awaiting receipt until Bank or a Subcustodian actually receives them. Bank reserves the right to restrict in good faith the availability of contractual settlement date accounting for credit or operational reasons.
Purchases. On the settlement date for the purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), Bank shall debit the Cash Account with the settlement monies and credit a separate account. Bank then shall post the Securities Account as awaiting receipt of the expected Financial Assets. Customer shall not be entitled to the delivery of Financial Assets that are awaiting receipt until Bank or a Subcustodian actually receives them. Bank reserves the right to restrict in good faith the availability of contractual day settlement accounting for credit reasons. Bank, whenever reasonably possible, will notify Customer prior to imposing such restrictions.
Examples of Purchases in a sentence
APR for Purchases and Balance Transfers: To determine the variable APR for purchases and balance transfers, we add a margin of 6.74% to 21.74% to the Index (Prime Rate).
In accordance with Mississippi Code Title 7-7-27, Filing Claims for Purchases and Services, Partner shall provide a Letter of Authority in lieu of a cash advance prior to the initiation of NASA’s efforts on behalf of the partner.
All accounts are to be carried in the name of the agency or institution receiving the goods, and not in the name of the Division of Purchases.
By type of transaction, we mean Purchases, Cash Advances, Balance Transfers and any transactions subject to a special offer APR.
The Division of Purchases, at its option, may either reject any article or work not in conformity with the requirements and terms of this order, or re-work the same at Contractor’s expense.
More Definitions of Purchases
Purchases means all goods, wares and merchandise received for sale at each definite place of business of a wholesale merchant. The term shall also include the cost of manufacture of all goods, wares and merchandise manufactured by any wholesale merchant and sold or offered for sale. A wholesale merchant may elect to report the gross receipts from the sale of manufactured goods, wares and merchandise if it cannot determine the cost of manufacture or chooses not to disclose the cost of manufacture.
Purchases means payment obligations for property of whatever nature, real or personal, tangible or intangible, and payment obligations for services including, without limitation, insurance, licenses, taxes, official fees, fines, private or governmental obligations, or any other thing of value.
Purchases you may purchase or lease goods and services from any merchant who honors the Card; (2) “Cash Advances”: you may obtain cash or cash equivalents (a) from us or from any financial institution
Purchases. On the settlement date for a purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), J.X. Xxxxxx will debit the Cash Account for the settlement amount and will then post the Securities Account as awaiting receipt of the expected Financial Assets. The Customer will not be entitled to the delivery of Financial Assets until J.X. Xxxxxx or a Subcustodian actually receives them.
Purchases. On the settlement date for the purchase (or earlier, if market practice requires delivery of the purchase price before the settlement date), Bank shall debit the Deposit Account with the settlement monies and credit a separate account. Bank then shall post the Custody Account as awaiting receipt of the expected Financial Assets. Customer shall not be entitled to the delivery of Financial Assets that are awaiting receipt until Bank or a Subcustodian actually receives them. Bank reserves the right to restrict in good faith the availability of contractual day settlement accounting for credit reasons.
Purchases means and include purchase of goods and services by the Cardmember by using the Card.