Examples of Capital Balance in a sentence
Interest shall continue to accrue (before and after judgment) until the Outstanding Capital Balance has been repaid in full.
If the Closing Date Working Capital Balance is less than the Estimated Working Capital Balance, the Cash Price shall be adjusted downward on a dollar for dollar basis by the amount of such difference.
The liability, if any, of the Company and its members, managers, officers, employees, agents, representatives, and employees (including Manager) to any Member under this Agreement for any claims, costs, damages, losses, and expenses of any nature for which they are or may be legally liable, whether arising in negligence or other tort, contract, or otherwise, shall not exceed, in the aggregate the amount of such Member’s Adjusted Capital Balance.
Distribution Amount – the amount by which the total amount of non-restricted, free and clear funds then in the Operating Accounts exceeds the Working Capital Balance.
The Purchaser will pay the Seller, in cash, the Working Capital Balance Component, by means of a bank (IBAN) transfer to the Seller’s Account.