User’s Funds definition

User’s Funds means the aggregate monies or any part of it which is deposited by Users into the Account for the purpose of subscribing for a Debenture Note in any Offer, and which is held in the Escrow or Cash Administrator Account or in BigFundr’s custody and control and/or monies in the custodian/sub-custodian’s custody and control.

Examples of User’s Funds in a sentence

  • In the event that the costs of closing of the Account exceed the value of a User’s Funds, User shall reimburse Bitvavo.

  • You agree and undertake to maintain a minimum amount of User’s Funds in your Account as may be prescribed by BigFundr at its sole and absolute discretion at all times and upon your submission of the said Electronic Instructions, written request or notice for withdrawal, you agree and undertake not to subscribe for any Debenture Notes in excess of the balance of your available User’s Funds in your Account after deduction of the proposed amount to be withdrawn.

  • You shall, at your own discretion and subject to the available User’s Funds in your Account, any Maximum Investment Limit or Minimum Investment Limit for a particular Offer, and the available balance of outstanding Total Debenture Note Amount for the particular Offer, select your desired Investment Amount.

  • In the event where your estate has more than one executor or administrator, BigFundr shall be entitled to release your Account, any Debenture Notes and/or User’s Funds therein, any sums standing in credit in the Account to any single executor or administrator unless BigFundr receives written instructions otherwise.

  • Without prejudice to the foregoing, you agree and acknowledge that all Earmarked Amounts shall be deducted from the available User’s Funds in your Account when calculating your available limit for your subscription of Debenture Notes.

  • Notes is on a first-come-first-served basis and each Offer shall be closed upon the earlier of: (a) the end of the relevant Offer Period; or (b) the total amount of User’s Funds committed as Investment Amounts having reached the Total Debenture Note Amount for that Offer.

  • Such monies transferred will be reflected as available User’s Funds in your Account only upon receipt by BigFundr and/or the Escrow Agent or Cash Administrator.

Related to User’s Funds

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Fresh Funds means funds that: