Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.
Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.
New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.
Available Balance means, in relation to any Account, the aggregate of:
Scheduled Balance Not applicable.
Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.
Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.
Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.
Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.
Original Pool Balance means the Pool Balance as of the Cutoff Date.
Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.
Adjusted Pool Balance means, on the Closing Date, an amount equal to:
Interest Coverage Amount The amount to be paid by the Depositor to the Trustee for deposit into the Interest Coverage Account on the Closing Date pursuant to Section 4.08, which amount is $____________.
Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.
Time balance means the sum of the principal amount financed and the finance charge.
Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.
Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.
Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.
Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.
Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.
Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.
Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.
In Balance means, on any occasion, that the amount of the undisbursed Limited Partner's Capital Contribution are sufficient in the Limited Partner's reasonable judgment to pay, through Completion of Construction, all of the following sums: (a) all costs of construction, marketing, ownership, maintenance and leasing of the Apartment Housing units; and (b) all sums payable under the Construction documents.
Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.