Contract Balance Remaining definition

Contract Balance Remaining has the meaning set forth in Section 7.13(d).
Contract Balance Remaining means, for any Contract, as of any date, the aggregate (undiscounted) amount of all unpaid Scheduled Payments due under such Contract.
Contract Balance Remaining means, with respect to a Contract, as of any date of determination, the sum of the aggregate (undiscounted) amount of all unpaid Scheduled Payments due thereon; provided, however, that the Contract Balance Remaining of any Defaulted Receivable or Contract with respect to which a prepayment in full has been made or any Contract purchased by the Servicer, as the case may be, shall be deemed to be zero as of the last day of the immediately preceding Remittance Period.

Examples of Contract Balance Remaining in a sentence

  • For any Sample Asset where the Contract Balance Remaining in the Database did not match the Contract Balance Remaining in the CBR Tie Out File, we were instructed by the Company to perform a recalculation of adding back identified paydowns that had occurred after the cut-off date of March 31, 2022 to the Contract Balance Remaining in the CBR Tie Out File and then comparing to the Contract Balance Remaining in the Database.

  • Decision Support Systems, 73:1–14, 2015.Davide Carneiro, Paulo Novais, Francisco Andrade, John Zeleznikow, and Jos Neves.

  • Current Cash Request $ ( - )3.b Total Previous Cash Requested $ ( - )3.c Contract Balance Remaining $ ( = ) (#2 minus #3a and #3b equals #3c) Remember to reserve a minimum of 20% for the Final Cash Request.

  • Borrower shall not permit, on the last day of any calendar month, the ratio of (i) the aggregate Contract Balance Remaining for all Delinquent Leases in the Borrower Portfolio, as determined on such date, to (ii) the aggregate Contract Balance Remaining for all Leases in the Borrower Portfolio, as determined on such date, to exceed three and one-half percent (3.5%).

  • No substitution shall be permitted if the cumulative aggregate balance of the Contract Balance Remaining for all Substitute Contracts exceeds, or would upon such substitution exceed, five percent (5%) of the Maximum Series Limit.

  • For Characteristic 13, we were instructed by the Company to compare the Contract Balance Remaining in the Database to the CBR Tie Out File.

  • At the end of each month, permit (i) the Contract Balance Remaining that is 31-60 days past due to exceed 6.5% of the total Contract Balance Remaining; or (ii) the Contract Balance Remaining that is 61-90 days past due to exceed 2.5% of the total Contract Balance Remaining.

  • The Contract Balance Remaining is not discounted for present value.


More Definitions of Contract Balance Remaining

Contract Balance Remaining means, in the case of any Lease and as of any date of determination, the undiscounted unpaid amount of the total minimum lease payments owing on such Lease.
Contract Balance Remaining. Means, with respect to any Contract, as of any date, the aggregate (un-discounted) amount of all unpaid Scheduled Payments due under such Contract. Contract File. With respect to each Contract, the following documents:

Related to Contract Balance Remaining

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Target Balance means (i) $187.14, which is equal to the Partnership Unit Economic Balance as of the Award Date as determined after Capital Accounts have been adjusted in accordance with Treas. Reg. §1.704-1(b)(2)(iv)(f), reduced by (ii) the amount of Special Distributions per Partnership Unit attributable to the sale of assets subsequent to the Award Date, to the extent that such Special Distributions are not made with respect to the LTIP Units.

  • Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Lease Balance means, with respect to the Leased Properties, as of any date of determination, an amount equal to the aggregate sum of the outstanding Funded Amounts of all Funding Parties, all accrued and unpaid interest on the Loans, all accrued and unpaid Yield on the Lessor's Invested Amounts, all unpaid fees owing to the Funding Parties under the Operative Documents, including all other amounts owing to the Funding Parties by the Lessee under the Operative Documents.

  • New Balance means total balance due for payment by the “Principal Cardholder” to the “Bank” based on the “Bank’s” records on the date of issuing the “Statement of Account”. It may include “Previous Balance”, from previous “Billing Cycles”, as well as new balances which may comprise “New Cash Advance”and/or “New Retail Purchase”.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Scheduled Balance Not applicable.

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, less all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Current Balance means the total debit balance (inclusive of all Charges) which shall be debited to the Card Account outstanding on the Card Account payable to the Bank according to the Bank's records on the date the Statement of Account is issued.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Scheduled Balances Not applicable.

  • Pool Balance means, with respect to each Trust or the Certificates issued by any Trust, as of any date, (i) the original aggregate face amount of the Certificates of such Trust less (ii) the aggregate amount of all payments made as of such date in respect of the Certificates of such Trust or in respect of Deposits relating to such Trust other than payments made in respect of interest or Premium thereon or reimbursement of any costs and expenses in connection therewith. The Pool Balance for each Trust or for the Certificates issued by any Trust as of any date shall be computed after giving effect to any special distribution with respect to unused Deposits, if any, payment of principal of the Equipment Notes or payment with respect to other Trust Property held in such Trust and the distribution thereof to be made on that date.

  • Specified Spread Account Balance means on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (i) the] Pool Balance as of the [Initial] Cutoff Date [plus (ii) the aggregate Contract Value of all Subsequent Receivables sold to the Trust as of their respective Cutoff Dates] and (b) the outstanding principal amount of the Notes. However, if (A) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) will be reduced to % on such Payment Date and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Dates as provided in the following clauses (B), (C) or (D); (B) if the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Date in [Month] 20XX or any Payment Date thereafter and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (C) or (D); (C) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (D); and (D) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter, [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter. In addition to the ability to amend the “Specified Spread Account Balance” definition pursuant to Section 9.1(a) of the Indenture, the Specified Spread Account Balance may also be reduced or modified without the consent of the Holders of the Notes if the Rating Agency Condition is satisfied with respect to such reduction or modification.

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Deficiency Balance means, with respect to any Receivable, any deficiency balance, charged-off amount, Principal Balance, accrued interest and/or fees and any Related Security; provided, that such amounts and Related Security relate to a Receivable which is a Defaulted Receivable.

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant's Account in accordance with Section 3.4(e).

  • Unpaid Realized Loss Amount With respect to any Class of Subordinated Certificates and as to any Distribution Date, is the excess of (i) Applied Realized Loss Amounts with respect to such Class over (ii) the sum of all distributions in reduction of such Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to a Class of Subordinated Certificates in respect of any Unpaid Realized Loss Amount will not be applied to reduce the Class Certificate Balance of such Class.

  • Initial Component Balance As specified in the Preliminary Statement.