Closing Balance definition

Closing Balance means the current amount outstanding, as advised in the Statement, for the period stated therein;

Closing Balance. Sheet shall mean the balance sheet delivered by the Company to the Purchaser as of the date immediately prior to the Closing Date in accordance with Section 3.12(d).

Closing Balance shall have the meaning set forth in Section 2.3(c).

Examples of Closing Balance in a sentence

• Closing Balance (I + II - III) N.B: In cases where forged notes etc.

• The Statement period runs from the date of the opening balance of the Statement to the date of the Closing Balance of the Statement.

• If your Adjusted Closing Balance is $10 or more, then $10 or an amount calculated as 3% of the Adjusted Closing Balance (whichever is greater).

• The Statement shall contain:  all Transactions reflected on the Account during the Settlement Period;  balance as of the beginning of the Settlement Period (Opening Balance) and the end of the Settlement Period (Closing Balance);  amount of Indebtedness taking into account calculated Interest, fines, penalties;  amount of a Minimum Payment and the date of its payment;  amount of a Maximum Payment;  other information, which the Bank deems necessary to bring to the Client’s knowledge.

• The Statement shall contain:  all Transactions reflected on the Account during the Settlement Period;  balance as of the beginning of the Settlement Period (Opening Balance) and the end of the Settlement Period (Closing Balance);  amount of Indebtedness taking into account calculated Interest, fines, penalties;  other information, which the Bank deems necessary to bring to the Client’s knowledge.

More Definitions of Closing Balance

Closing Balance means the amount shown on a

Closing Balance means, in relation to your Account, the outstanding amount as shown in a continuing disclosure statement.

Closing Balance means the total outstanding balance of the Principal’s Billing Account as at the close of the period of the statement of account;

Closing Balance means, in relation to a statement period, the outstanding balance on the commercial card account as at the close of the statement period (and, for the avoidance of doubt, includes the Instalment Plan and Buy Now Pay Later plan balances as at the close of that statement period);

Closing Balance means the total amount owing to us on a Statement Date as specified in a Statement.

Closing Balance means the total amount owing on the Business Card account to the Bank as at the Closing Date specified in a statement.

Closing Balance. Sheet shall have the meaning given to it in Section 6.18. Closing Date shall have the meaning given to it in Section 2.2. Closing Net Debt shall have the meaning given to it in Section 6.18. Closing Statement shall have the meaning given to it in Section 6.18.