Minimum Aggregate Balance definition

Minimum Aggregate Balance means the aggregate of the cleared funds held in all your Accounts in Pounds Sterling and Pounds Sterling equivalent for Accounts held in other currencies. Foreign currency Account deposits shall be notionally converted to Pounds Sterling at the Exchange Rate on the relevant date and may be varied at any time without notice. Details of our Exchange Rate are available from us at any time on request.
Sample 1Sample 2Sample 3
Minimum Aggregate Balance means the aggregate of the cleared funds held in all your Accounts in Pounds
Sample 1Sample 2Sample 3

Examples of Minimum Aggregate Balance in a sentence

  • We reserve the right to vary and amend the amount of the Minimum Aggregate Balance at any time.

  • I Poverty focused aquaculture in District Development Plans by yr.

  • On such day of each month as we may decide we shall calculate if the average aggregate day end deposit balance(s) in all your Accounts during the previous month fall below the required Minimum Aggregate Balance and if they do then you will pay us such charge(s) as stated in the Tariff Book.

  • On such day of each month as we may decide we shall calculate if the average aggregate day end deposit balance(s) in all your accounts during the previous month fall below the required Minimum Aggregate Balance and if they do then you will pay us such charge(s) as stated in the Tariff Book.

  • We may, at our discretion, require you to maintain in your accounts the Minimum Aggregate Balance, the amount of which is stated in the Tariff Book.

  • The Bank may close the Notice Account if the balance of the Notice Account falls below the Minimum Balance or the balance across all the Accounts of the Account Holder with the Bank falls below the Minimum Aggregate Balance, in accordance with paragraph 1.4.

  • If the Minimum Balance or the Minimum Aggregate Balance is not maintained, the Bank reserves the right to close the Notice Account and transfer the balance to the Funding Account after giving the Account Holder written notice of its intention to do so.

  • The Account Holder can withdraw all or part of the balance of the Notice Account (after the expiry of the Notice Period) subject to the Minimum Withdrawal Amount and providing that such a withdrawal will not reduce the aggregate balances in the Accounts below the Minimum Aggregate Balance.

  • In order to qualify for a Notice Account, the Account Holder is required to maintain the Minimum Aggregate Balance (unless otherwise agreed between the Bank and the Account Holder).

Related to Minimum Aggregate Balance

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Certificate Balance As to any Outstanding Certificate prior to the initial Distribution Date, the denomination thereof; and as to any such Outstanding Certificate subsequent to such initial Distribution Date, the denomination thereof multiplied by the then applicable Class Factor.

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

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.