Purchases definition

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.

Purchases means all goods, wares and merchandise received for sale at each definite place of

Examples of Purchases in a sentence

• Purchases made in accordance with the Buy American Act must follow the applicable procurement rules calling for free and open competition.

• Purchases made for State of Texas use are exempt from the State Sales Tax and Federal Excise Tax.

• Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars.

• For the avoidance of doubt, all of the Commitment Shares shall be fully earned as of the Closing Date regardless of whether any Fixed Purchases, VWAP Purchases or Additional VWAP Purchases are made hereunder or any subsequent termination of this Agreement.

• Purchases transacted or posted on the Card anniversary date will be included in the calculation of net purchases for the next annual period and not the previous annual period.

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 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 means a transaction of goods or services obtained by a Customer or Authorized User.

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. 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 means an acquisition of goods or services for which the Town will undertake to pay, regardless of the cost being funded or subsidized by other levels of government.

Purchases means and include purchase of goods and services by the Cardmember by using the Card.