Available Funds
- Available Funds List
- Available Funds Alert Letter
- Available Funds Alert Letter
- Available Funds Alert The Federal Savings Bank
At least one (1) business day prior to the Closing Date, Buyer shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Funds, the balance of the Purchase Price and all other amounts payable by Buyer pursuant to this Agreement into Escrow.
Available Funds List
Most banks say that they “generally” make funds available on the business day after you make a deposit, but there are exceptions. Cash deposits made to a bank employee must be made available within one business day (business days are weekdays that are not holidays), and those deposits are often available immediately. Most banks say that they “generally” make funds available on the business day after you make a deposit, but there are exceptions. Cash deposits made to a bank employee must be made available within one. Funds/Money available to trade The amount of money available to purchase securities in your brokerage account. It includes your money market settlement fund balance, pending credits or debits, and margin cash available (if approved for margin).
No later than two (2) business days after the full execution of this Agreement by all parties, Buyer shall deposit with Escrow Holder, in cash, certified or bank cashier's check made payable to Escrow Holder, or by a confirmed Federal Reserve wire transfer of funds (hereinafter referred to as ' Immediately Available Funds'), the sum of One Hundred Sixty One Thousand Five Hundred and No/100 Dollars ($161,500.00) (with all interest earned thereon, the 'Earnest Money Deposit') into Escrow.
Available Funds Alert Letter
Available Funds Alert Letter
Immediately Available Funds means cash, bank cheque or telegraphic or other electronic means of transfer of cleared funds into a bank account.
Purchaser may, at its option, extend the Closing Date by up to ten (10) days by providing written notice to Seller and depositing with the Title Company an additional One Million and 00/100 Dollars ($1,000,000.00) in Immediately Available Funds (the “Extension Earnest Money”), which the Title Company will deposit and hold in an interest bearing account, at least five (5) days prior to the originally scheduled Closing Date.
Available Funds Alert The Federal Savings Bank
Within two (2) Business Days of the Effective Date, Purchaser will deliver to Title Houston Holdings, 7500 San Felipe, Suite 1020, Houston, TX 77063, Attention: Ms. Donna Jackson (the “Title Company”), as escrow agent, Five Hundred Thousand and No/100 DOLLARS ($500,000.00) (by Immediately Available Funds) as earnest money (the “Initial Earnest Money”), which the Title Company will deposit and hold in an interest bearing account.