Minimum Account Balance definition

Minimum Account Balance means the minimum account balance specified in the Business conditions for maintaining bank accounts.

Minimum Account Balance is the Subscription Fee towards minimum 1 day of subscription by the Subscriber of the Selected Package (in case of monthly subscriptions).

Minimum Account Balance shall have the meaning as set forth in the Cash Management Agreement.

Examples of Minimum Account Balance in a sentence

• Subscriber must maintain a Minimum Account Balance to ensure uninterrupted services from the Company.

• WE reserve the right not to pay interest on accounts: a) that are below TRB or Minimum Account Balance; b) which have remained dormant or inactive for 2 years; or c) were closed prior to interest posting.

• You shall ensure that you are always aware of the details of the required TRB or Minimum Account Balance applicable to You, which details are available upon request or published/posted within Our premises or in Our website.

• Closure of the Account or failure to maintain the TRB or Minimum Account Balance.

• New Minimum Account Balance for State UTF AccountsThe President’s budget proposal for FY2021 would require states to maintain a minimum level of solvency in their UTF account balances to be at least half (0.5) of the state’s AHCM.

More Definitions of Minimum Account Balance

Minimum Account Balance means an equal to or excess of 110% of the sum of the price set forth in the Flight Quote.

Minimum Account Balance means, at any time, the amount specified by the Committee at such time as the minimum principal amount of a Security.

Minimum Account Balance means the minimum level of balance required in the settlement account of each participants, which is set by the Bank from time to time.

Minimum Account Balance means the minimum balance which must be maintained by the Client with the Bank, in the applicable Account Currency, in such amount as the Bank may specify from time to time.

Minimum Account Balance shall have the meaning as provided in Section 5.9 herein.

Minimum Account Balance means the Account Value cannot be less than the Minimum Account Balance shown on the Schedule Page.

Minimum Account Balance means the Account balance from time to time set by the Central Bank for the Participant which, for the avoidance of doubt, may be positive, negative, or zero balance and may, if the Central Bank considers necessary, be subject to specific conditions.