Adjusted Balances definition

Adjusted Balances means, for any calendar month, that month's daily average of all collected balances in all non-interest bearing accounts maintained by the Obligors with TCB during that month (although the Obligors shall have no obligation whatsoever to maintain any deposits with TCB) less amounts necessary (a) to satisfy reserve and deposit insurance requirements allocable to that month and (b) to compensate TCB for services rendered to the Obligors for that month, with each element calculated in accordance with TCB's system of allocating reserve and deposit insurance requirements and charges for services and as that system may be changed from time to time without notice.
Sample 1
Adjusted Balances means, for any calendar month, that month's daily
Sample 1
Adjusted Balances means, for any calendar month that month's daily average of all collected balances in all non-interest bearing accounts maintained by the Obligors with GFB during that month (although the Obligors shall have no obligation whatsoever to maintain any deposits with GFB) less amounts necessary (a) to satisfy reserve and deposit insurance requirements allocable to that month and (b) to compensate GFB for services rendered to the Obligors for that month, with each element calculated in accordance with GFB's system of allocating reserve and deposit insurance requirements and charges for services and as that system may be changed from time to time without notice, excluding the Funding Account.
Sample 1

Examples of Adjusted Balances in a sentence

  • The Chairman, BOI is directly responsible to the Cabinet Committee on Investments (CCOI).

  • The Plan will be "Top-Heavy" with respect to any Plan Year if, as of the Determination Date applicable to such Year, the ratio of the Adjusted Balances in the accounts of Key Employees (determined as of the Valuation Date applicable to such Determination Date) to the Adjusted Balances in the accounts of all Employees (determined as of such Valuation Date) exceeds 60%.

  • The certificate of the chief credit officer of Chase stating the Prime Rate, the Federal Funds Effective Rate, the Stated Rate (and/or the Stated Rate(s) applicable to one or more Advances), the Past Due Rate and/or the Free Adjusted Balances Equivalent in effect from time to time, absent manifest error, shall be conclusive.

  • Adjusted Balances for non-marketable securities reflect the impact of all cash transactions that have posted since the last valuation date.

  • Adjusted Balances at Beginning-- ---- --- ------Of Period (I+II) 900.000-- 1.344.905270.910(27.506)- 73.49639.532- 1.430.839(248.391)90.0453.873.830157.4364.031.266IV.

  • Adjusted Balances at Beginning- - ---- --- ------Of Period (I+II) 900.000- - 845.976251.889(17.181)- 56.714(28.781)- 1.301.198(195.615)158.0143.272.214262.0643.534.278IV.

  • Adjusted Balances at Beginning of Period (I+II) 1.350.00014.855- 1.193.669444.616(56.592)- 297.70918.401- 1.743.696(483.904)104.4034.626.853IV.

  • Adjusted Balances at Beginning of Period (I+II) 2.500.00023.278- 1.585.1241.034.726(193.239)- 518.506191.121- 1.832.302(738.341)1.365.4968.118.973IV.

  • Enter Adjusted Balances in the Adjusted Trial Balance ColumnsThe adjusted balance of an account is obtained by combining the amounts entered in the first four columns of the work sheet for each account (Illustration 5-3A).

  • FORM S-8/ 70 DERBY SUPPLEMENT Introduction This Supplement is referred to as the "Derby Supplement." The provisions of this Supplement apply only to Participants in the Derby Refining Company Thrift Plan, as in effect on December 31, 1997 (the "Derby Refining Plan") with Adjusted Balances as of December 31, 1997.

Related to Adjusted Balances

  • 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.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Scheduled Balances Not applicable.

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Scheduled Balance Not applicable.

  • Assumed Balance With respect to any Distribution Date, Class of Subordinated Certificates and Loan Group, each such Class' pro rata interest (based on their respective Class Certificate Balances) in such Loan Group equal to the product of the Subordinated Percentage for such Loan Group as of such Distribution Date and the aggregate Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such prior Due Date).

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • 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.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • REMIC I Subordinated Balance Ratio The ratio among the Uncertificated Principal Balances of each of the REMIC I Regular Interests ending with the designation "A," equal to the ratio among, with respect to each such REMIC I Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Loan Group over (y) the Current Principal Amount of the Senior Certificates in the related Group.

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Uncertificated Balance The amount of the REMIC Regular Interests outstanding as of any date of determination. As of the Closing Date, the Uncertificated Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial uncertificated balance. On each Distribution Date, the Uncertificated Balance of the REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 5.01 of this Agreement and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 5.04 of this Agreement and the Uncertificated Balance of REMIC II Regular Interest ZZ shall be increased by interest deferrals as provided in Section 5.01 of this Agreement. The Uncertificated Balance of each REMIC Regular Interest shall never be less than zero.

  • REMIC II Subordinated Balance Ratio The ratio among the Uncertificated Balances of each REMIC II Regular Interest ending with the designation “SUB,”, equal to the ratio between, with respect to each such REMIC II Regular Interest, the excess of (x) the aggregate Stated Principal Balance of the Group I Mortgage Loans or Group II Mortgage Loans, as applicable over (y) the current Certificate Principal Balance of related Class A Certificates.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Payahead Balance means, for a Lease:

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • 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.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Class C Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes, the Class B Notes and the Class C Notes. For the purposes of calculating the Class C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.

  • Specified Spread Account Balance means on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (i) the] Pool Balance as of the [Initial] Cutoff Date [plus (ii) the aggregate Contract Value of all Subsequent Receivables sold to the Trust as of their respective Cutoff Dates] and (b) the outstanding principal amount of the Notes. However, if (A) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) will be reduced to % on such Payment Date and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Dates as provided in the following clauses (B), (C) or (D); (B) if the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Date in [Month] 20XX or any Payment Date thereafter and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (C) or (D); (C) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (D); and (D) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter, [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter. In addition to the ability to amend the “Specified Spread Account Balance” definition pursuant to Section 9.1(a) of the Indenture, the Specified Spread Account Balance may also be reduced or modified without the consent of the Holders of the Notes if the Rating Agency Condition is satisfied with respect to such reduction or modification.

  • Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.