User’s Funds definition
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in excess of the balance of your available User’s Funds in your Account after deduction of the proposed amount to be withdrawn.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.