Threshold Balance definition
Examples of Threshold Balance in a sentence
Funds equal to or less than your Threshold Balance will be credited to your Transaction Account.
Funds will be allocated daily between your Transaction Account and MMDA by comparing the ending balance and the Threshold Balance for your Master Account.
The Client authorizes ▇▇▇▇▇▇▇▇ to transfer from the Credit Line to the specified Account(s) above amounts sufficient to cover miscellaneous debits presented on the Account(s) as well as to maintain a Threshold Balance specified in the Order Form in the Account.
If the balance in your Deposit Account falls below the Threshold Balance, you understand and agree that that you are providing the Broker in conjunction with the Program Manager instructions to transfer any funds You may have in the Program to Your Deposit Account for the purpose of maintaining the Threshold Balance in Your Deposit Account.
If You have a Deposit Account, funds will only be transferred to Your Account in the event You maintain funds above the Threshold Balance (as applicable), or in the event you opt to utilize a Synapse-Enabled Service.
If applicable, you understand and agree that if you maintain a Deposit Account and by depositing and/or maintaining a balance in excess of the Threshold Balance (as that term is defined in Schedule A) in Your Deposit Account, you are providing the Broker in conjunction with the Program Manager instructions to transfer your funds consistent with the Terms of Service.
You further understand that in the future, the Broker in conjunction with the Program Manager, in its sole discretion, may change the Threshold Balance from time-to- time, which will be communicated to You via the Platform.
Funds will be allocated daily between your two sub-accounts by comparing the ending balance and the Threshold Balance for your Master Account.
Funds equal to or less than your Threshold Balance in your Master Account will be credited to the MMDA and funds in excess of your Threshold Balance will be credited to the applicable DDA or NOW Account.