Immediately Available Funds definition

Immediately Available Funds. Funds with good value on the day and in the city in which payment is received.
Immediately Available Funds means bank cheque or telegraphic or other electronic means of transfer of cleared funds into a bank account nominated in advance by the payee;
Immediately Available Funds means cash, bank cashier’s check, or a confirmed wire transfer of funds.

Examples of Immediately Available Funds in a sentence

  • The purchase price payable for the Transfer Securities is payable in Immediately Available Funds on the closing of the purchase and sale, which must take place on the day which is 15 Business Days after the date of exercise of the Call Option or the Put Option (as the case may be).

  • Immediately Available Funds The term "Immediately Available Funds" denotes a corporate or personal check drawn on a bank account and funds which are available for use by the receiving party on the same day on which they are received and include U.S. Federal Reserve bank wire transfers, U.S. Federal Reserve notes (paper cash), U.S. coins, U.S. Postal Money Orders and New York Certificates of Deposit.

  • Even if conflict, mediation, litigation results, at the very least Inuit have physical evidence to assist in their legal arguments.

  • The purchaser shall pay to the Defaulting Bank in Immediately Available Funds on the date of such purchase the principal of and accrued and unpaid interest and fees on the Loans made by such Defaulting Bank hereunder (it being understood that such accrued and unpaid interest and fees may be paid pro rata to the purchasing Bank and the Defaulting Bank by the Agent at a subsequent date upon receipt of payment of such amounts from the Borrower).

  • Fees shall be payable when due in Dollars and in Immediately Available Funds.


More Definitions of Immediately Available Funds

Immediately Available Funds means funds—
Immediately Available Funds means payment in funds credited and immediately available to the Funding Corporation’s account at the FRBNY.
Immediately Available Funds means those amounts deposited in the bank which have been presented for payment and for which payment has actually been received, those funds which have completed the electronic funds transfer process and are available for immediate use by the State Treasurer. See Collected Funds.
Immediately Available Funds means good funds delivered by wire transfer to an account designated by the intended recipient.
Immediately Available Funds means funds deposited by federal funds wire transfer.
Immediately Available Funds means cash or bank cheque;
Immediately Available Funds means an electronic funds transfer made by the payor into a bank account nominated by the payee such that the funds are available to the payee on the same date as the transfer is made.