Net Balance definition
Net Balance means, as of the date of determination, the Gross Contract Payments of a Contract less all unearned interest, fees, charges, and insurance premiums owing by the Contract Debtor.
Net Balance means with respect to an Installment Sales Contract, the ----------- outstanding balance owing on such Installment Sales Contract including any applicable late charges but exclusive of any unearned finance charges as provided for in such Installment Sales Contract and means with respect to a Crop Time Note, the outstanding principal balance owing on such Crop Time Note and all accrued and unpaid interest thereon.
Net Balance means, in relation to an Offset Portion, the positive difference (if any) between the principal amount owing under the Offset Portion and the credit balances in the Specified Account.
Examples of Net Balance in a sentence
The Sellers warrant that, as of the Closing Date, the collective Net Balance in such Company bank accounts shall be approximately SIX THOUSAND CANADIAN DOLLARS (CAD$6,000.00).
More Definitions of Net Balance
Net Balance means the balance of the Net Revenue or Net Advertising Revenue (as applicable) after Snack Media has deducted the Commission.
Net Balance means, at the end of each Financial Year, the amount for that Financial Year determined in accordance with clause 18.6(a).
Net Balance means the cash balance plus pending deposits which have not yet cleared the account, less pending payments which have not yet cleared the account.
Net Balance means the difference between the Specified Assets and the Specified Liabilities.
Net Balance means, at any time with respect to a Premium Finance Agreement, the Gross Balance (payable in Dollars), net of (i) unearned interest charges and (ii) the amount, if any, of unpaid drafts issued to an Insurer in respect thereof, in each case determined as of such time.
Net Balance means the balance owing after off-setting the mutual accrued charges of both parties including charges
Net Balance means, with respect to each Risk Contract, an amount equal to the sum of.
(a) ElmCare's share of the net surplus, if any, of the "hospital fund" paid under the applicable Risk Contract to ElmCare; plus
(b) The aggregate surplus or deficit of funds in all internally-developed PODS risk pools and withholding pools that are created by NAMM under Section 2.3(b) measured at year-end for the applicable Risk Contract (for purposes of computing this amount, PODS risk pools or withholding pools that have a deficit balance will be deducted from PODS risk pools or withholding pools that have a surplus balance); plus
(c) ElmCare's share of the net surplus or net deficit, if any, of other risk pools or withholding pools created under the applicable Risk Contract and paid to ElmCare (for purposes of computing this amount, risk pools or withholding pools that have a deficit balance will be deducted from risk pools or withholding pools that have a surplus balance).