Examples of Component Balance in a sentence
A positive Shipper Cash Out Position shall be paid by Shippers within ten (10) Days from receipt of the Component Balance Statement.
A negative Shipper Cash Out Position shall be paid by Carrier within ten (10) Days from issuance of the Component Balance Statement.
On the fifteenth (15th) Day of every Month, Shippers are required to cash out any Component Imbalance from the prior Month to zero and will be notified by Carrier of its Shipper Cash Out Position on the Component Balance Statement.
Any such increase shall be applied pro rata to the Certificate Balance, Component Balance, Component Principal Balance, or Note Principal Balance of each Certificate or Note of each class.
Lutringhouse P., Methodology of Making Decision on Civil Case, Bakuriani, October 18-21, 2007, 38 (In Georgian).