Debit Balance. 13.1 The Cardmember may “Top Up” and pay monies into the Card Account in the following manner or such other manner which the Bank may prescribe from time to time:-
Debit Balance. 1. Producer agrees to pay the Debit Balance of Producer owed to any Company when due.
Debit Balance. Supplier shall immediately remit any monies due to ABC in the event of an ABC accounts payable debit balance situation with Supplier that persists for more than [***]. Debit balance is defined as the sum of all transactions in ABC’s accounts payable system having due dates through, but not extending beyond, the then present date.
Debit Balance. An account balance representing money owed us or our clearing correspondent, Pershing, LLC. (“Pershing”). x.
Debit Balance. AAI shall retain a lien upon all securities and collateral so long as there is any debit in the Account. Debit balances shall accrue interest on a daily basis at a rate per annum equal to one percent (1%) above the quoted broker's current call loan rate, such rate being subject to change, without prior notice, as the quoted broker's current call loan rate changes. A designated delivery versus payment (DVP) account shall not bear any interest charge.
Debit Balance. 1. General Agent agrees to pay the Debit Balance of General Agent owed to any Company when due. General Xxxxx agrees to pay the Debit Balance of any Producer owed to any Company after the Company debt collection procedure has been completed and the Producer has not paid its full Debit Balance.
Debit Balance. In the event the account reflects a debit balance upon the death of the last surviving joint account owner, Broker/Dealer may liquidate any securities, at its discretion, required to satisfy that debit balance prior to distribution of any money, securities, or other property to the Beneficiary(ies).
Debit Balance a debit balance or; (b) Credit Balance: a credit balance of an amount that is insufficient to prevent a Tax Liability from arising to the relevant Group Company on receipt of a refund, after Closing, of Tax that was paid prior to Closing.
Debit Balance. Debit Balance" shall mean a balance in a Credit Account in which the sum of the Debit Entries exceeds the sum of the Credit Entries for that particular Credit Account.
