AIM Balance definition

AIM Balance means an amount equal to (i) the intercompany accounts payable by the AIM Account to the Company as of the close of business on the Closing Date, less (ii) the intercompany accounts payable owed by the Company to the AIM Account as of the close of business on the Closing Date.
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Examples of AIM Balance in a sentence

  • For the avoidance of doubt, USCs, the USC Funds, the AIM Account, the AIM Funds and the AIM Balance (including any components thereof) shall not be included in the calculation of Net Working Capital.

  • The Draft AIM Closing Schedule shall be prepared as of the Closing Date in accordance with this Schedule 2 and give a figure for each element that makes up the AIM Balance.

  • After the Closing, the Parties shall confirm the balance of (i) the Company’s Net Working Capital in accordance with Part 1 of Schedule 2, (ii) the AIM Balance in accordance with Part 2 of Schedule 2; and (iii) the USC Balance in accordance with Part 3 of Schedule 2.

  • The Independent Accountant shall act as an expert and not as an arbitrator, and the decision of the Independent Accountant as to any matter in dispute and as to the proper contents of the AIM Closing Schedule and the AIM Balance shall be binding on the Parties.

  • The agreement of the Parties concerning the calculation of the AIM Balance as of the Closing, and the settlement of disputes about it, is set out in Part 2 of Schedule 2.

  • Following the Final Determination of the AIM Balance, if there is an AIM Shortfall, the Purchaser and Seller shall jointly instruct the Escrow Agent in writing to release an amount equal to such AIM Shortfall (to the extent that there are sufficient funds in the Escrow Account) to the Purchaser.

Related to AIM Balance

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

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

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

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • 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).