Balance Owed definition

Balance Owed is the running balance after subtracting commissions and earned commissions actually earned but unpaid, which are due and payable by CSF to Affiliate, from any money and value owed (whether yet due or otherwise) by Affiliate to CSF, including without limitation license fees; commissions, and expenses that Affiliate is required to refund to CSF because of Client rights of withdrawal, non-renewals, cancellations or terminations, lapses or other reasons; advance commissions; Balances Owed of Affiliate’s Downstream Affiliate(s); expenses and fees incurred by CSF in attempting to register prospective Downstream Affiliates of Affiliate; CSF claims for indemnification against Affiliate; and other claims by CSF against Affiliate; other expenses; and any and all money and value which may be paid, advanced, or credited by or on behalf of CSF, to, or for the benefit of, Affiliate.
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Balance Owed means the outstanding principal balance under the Note immediately following a payment of principal on the Release Date;
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Balance Owed means the difference between the amount paid by the Buying Carrier on the Invoices Due Date and the aggregate of the Daily Settlement Amounts advanced by the Factor to the Selling Carrier during the Billing Cycle to which the Invoices to the Buying Carrier pertain;
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Examples of Balance Owed in a sentence

  • Balance Owed repayment procedures, formulas, and rules are set forth in the rules, guidelines and publications of CSF.

  • Regardless of whether we return the Trade-In Vehicle to you or have already sold it, you shall be responsible for paying to us the Balance Owed on the Trade-In Vehicle to the extent it exceeds the Trade-In Allowance (if we have paid the Balance Owed to the Lienholder) and any reasonable expenses incurred by us in connection with preparing or reconditioning the Trade-In Vehicle for sale.

  • Acceptance shall occur upon payment of the Principal Balance Owed on Premiums to the insurance companies named in the Scheduled Policies of Insurance, or the agents of such companies.

  • If you are delivering a Trade-In Vehicle in connection with the transaction and the actual amount of the Balance Owed on the Trade-In Vehicle is greater than the amount of the Balance Owed as listed in this Agreement, you agree to pay the difference to us.

  • Any money and value owed by Affiliate to CSF, any Balance Owed, and any money and value which has been advanced by CSF, or for the benefit of, Affiliate, represents a loan and may be offset and deducted by CSF from any commissions or other money or value owed at any time by CSF to Affiliate.

  • If we have already sold the Trade-In Vehicle, we will refund the agreed upon Trade-in Allowance less the Balance Owed on the Trade-In Vehicle if we have paid the Balance Owed to the Lienholder.

  • The payment agreement should include: Creditor’s Name and Address; Debtor’s Name and Address; Acknowledgment of the Balance Owed; Amount Owed; Interest Rate (if any); Repayment Period; Payment Instructions; Late Payment (if any); and the State of Governing Law.

  • If we have already sold the Trade-In Vehicle, we will refund the agreed upon Trade-In Allowance, less the Balance Owed on the Trade-In Vehicle if we have paid the Balance Owed to the Lienholder.

  • If the actual amount of the Balance Owed is less than the amount listed, we will pay or credit the difference to you.

  • Regardless of whether we return the Trade-In Vehicle to you or have already sold it, you shall be responsible for paying to us the Balance Owed on the Trade-In Vehicle to the extent it exceeds the Trade-In Allowance (if we have paid the Balance Owed to the Lienholder) and we may keep any portion of the amount you have paid to us as a Deposit/Partial Payment to offset against the amount you owe us.