Net Balance definition

Net Balance means, as of the date of determination, the Gross Contract Payments of a Contract less all unearned interest, fees, charges, and insurance premiums owing by the Contract Debtor.

Net Balance means with respect to an Installment Sales Contract, the outstanding balance owing on such Installment Sales Contract including any applicable late charges but exclusive of any unearned finance charges as provided for in such Installment Sales Contract and means with respect to a Crop Time Note, the outstanding principal balance owing on such Crop Time Note and all accrued and unpaid interest thereon.

Net Balance means, at the end of each Financial Year, the amount for that Financial Year determined in accordance with clause 18.6(a).

Examples of Net Balance in a sentence

• When Company terminates traffic of roamers using Sprint PCS facilities (including facilities of affiliates of Sprint PCS) within the MTA, this traffic shall be included in Sprint’s Net Balance of Traffic, as defined in Section 6, below, and will be billed to Sprint PCS by Company.

• If the Net Balance is greater than the Basin Fund Target Balance, use the value for forecasted energy purchase power expenses (FX).

• If the net balance is less than the Basin Fund Target Balance, reduce the value of the Forecasted Energy Purchase Power Expenses by the difference between the Basin Fund Target Balance and the Net Balance.FA1 = If (NB > BFTB, FX, FX - (BFTB - NB)) = $91,991,199 (NB) is greater than $64,395,199 (BFTB) then: = $17,263,215.90 (FX) If the Net Balance is greater than the Basin Fund Target Balance, then FA1=FX.

• If the Net Balance is less than the Basin Fund Target Balance, then FA1=FX-(BFTB-NB).

• The Net Balance outstanding receivable / payable to Prominent was ` Nil (Previous Year ` Nil) and net receivable / payable from Zep Infratech Ltd.

More Definitions of Net Balance

Net Balance means, in relation to an Offset Portion, the positive difference (if any) between the principal amount owing under the Offset Portion and the credit balances in the Specified Account.

Net Balance means the balance of the Net Revenue or Net Advertising Revenue (as applicable) after Snack Media has deducted the Commission.

Net Balance means the difference between the Specified Assets and the Specified Liabilities.

Net Balance means, at any time with respect to a Premium Finance Agreement, the Gross Balance (payable in Dollars), net of (i) unearned interest charges and (ii) the amount, if any, of unpaid drafts issued to an Insurer in respect thereof, in each case determined as of such time.

Net Balance means the balance of the Net Advertising Revenue after Snack Media has deducted the Commission.

Net Balance means the balance owing after off-setting the mutual accrued charges of both parties including charges

Net Balance means the amount calculated 5 calendar days after the Referred Loan is drawn down which is the debit balance of the Loan Account less any credit balance in the Offset Account (if any) (which may not include all customer initiated transactions made on the calculation date (if it is a Saturday, Sunday, Monday or Public Holiday gazetted throughout Australia)).