Approximate Current Balance definition
Approximate Current Balance means the approximate unpaid balance in U. S. Dollars for each Account identified in the Account Schedule attached hereto as Exhibit “A” and specified as either the current balance or the current principal balance. This may include interest (accrued or unaccrued), costs, fees and expenses. It is possible that payments may be made by or on behalf of any obligor prior to the Cut-Off Date or the date of this Agreement which are not reflected in the Approximate Current Balance. This figure may also reflect payments made by or on behalf of any Obligor which have been deposited and credited to the Approximate Current Balance of such Account, but which may later be returned uncollected due to insufficient funds or other reasons.