Returned Funds definition
Examples of Returned Funds in a sentence
If funds are deposited or transferred into My Account by mistake or otherwise, I agree that Robinhood may correct the situation and deduct any interest paid by Participating Depository Institutions, if applicable, without prior notice to Me. Returned Funds.
GIZ reserves the right to deduct all Earnings and Returned Funds from the agreed Grant amount, insofar as appropriate use cannot be proven.
All funds, which are still remaining with the Recipient and are not used after the end of the Grant period or after a premature termination of the contract, including Earnings and Returned Funds, shall be repaid by the Recipient directly to GIZ in EUR without delay and without being prompted to do so.
The Participating Jurisdiction shall only use SSBCI Funds, Returned Funds, and Program Income to carry out the Approved Programs.
Until the Returned Funds are fully repaid to Squire, each member of the Group shall not sell, pledge or otherwise dispose of their material assets outside of the ordinary course without the written consent of Squire, which consent shall not be unreasonably withheld.
In the Recipient’s accounting records for this Grant, all vouchers, expenses, actual costs as well as all Earnings and Returned Funds relating to the Grant and the financing plan shall be recorded in chronological order and in compliance with the rules of proper accounting.
The Returned Funds shall be paid by the Group to Squire as to 50% of the Returned Funds on or before November 30, 2019 and as to the remaining 50% of the Returned Funds in two (2) equal installments with the first such installment to be paid on or before December 31, 2019 and the second such installment to be paid on or before January 31, 2020.
From and after any payment to any Selling Entity by any Buyer pursuant to this Section 4.24(c), such Selling Entity shall indemnify and reimburse such Buyer and all of its Affiliates (including Transferred Entities) for any fees, taxes, costs and other expenses incurred by such Buyer or any of its Subsidiaries or Affiliates but not accounted for as deductions in the calculation of the net value of the Returned Funds pursuant to this Section 4.24(c).
In the event that any Assigned Contract is not assigned to the Group (or their designate) by November 30, 2019 or if the Group does not have the full benefit of such Assigned Contracts by November 30, 2019, Squire shall reimburse the Group all Returned Funds related to such agreement(s) and all further monies advance by the Group pursuant to such agreement(s) by way of set off against the remaining payments of Returned Funds.
Such payments of the Returned Funds shall be made in United States dollars (in immediately available funds to an account designated by Squire in writing) or, at the option of the Group, in Bitcoin (BTC) or Bitcoin SV (BSV) (to an account designated by Squire in writing), with a valuation based on the prevailing rate on ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ at the time the payment is made or such other benchmark rate that is mutually agreeable to the Parties.