Net Outstanding definition

Net Outstanding. Amount of Eligible Accounts. "Net Outstanding Amount of Eligible Accounts" means the net outstanding amount of Eligible Accounts after deducting from the aggregate face amount thereof all payments, adjustments and credits applicable thereto and all amounts due thereon reasonably considered by the Bank difficult to collect or uncollectible by reason of return, rejection, repossession, loss or damage of or to the merchandise giving rise thereto or other disputes between the account debtor and the Borrower or the insolvency or questionable creditworthiness of the account debtor, or otherwise, all as determined by the Bank in its reasonable discretion.
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Examples of Net Outstanding in a sentence

  • The Collateral Manager Fee, if any, will be calculated based on the Net Outstanding Portfolio Balance for such Payment Date to the extent funds are available as of the first day of the applicable Interest Accrual Period.

  • Simple annual interest rate of Prime Rate plus 2% will be applied to the Net Outstanding Amount.

  • Additional overdue interest for the second reminder period will be calculated based on 15 calendar day period on the Net Outstanding Amount.

  • The Total Overdue Amount shown on the Second Reminder Notice should equal to the sum of the Net Outstanding Amount, the overdue interest for the first reminder period and the overdue interest for the second reminder period.

  • Net Outstanding Amount Chargeable amount less partial payment, previous overpayment, and net credit amount.

  • The Collateral Management Fee will be calculated based on the Net Outstanding Portfolio Balance as of the first day of the applicable Interest Accrual Period.

  • PCCWHKTC shall be responsible for the recovery effort of any Net Outstanding Amount and overdue interest.

  • The overdue interest will be calculated based on 15 calendar day period on the Net Outstanding Amount.

  • Simple annual interest rate of Prime Rate plus 2% will apply to the Net Outstanding Amount.

  • The Total Overdue Amount on the First Reminder Notice should equal to the sum of the Net Outstanding Amount and the overdue interest calculated for the Net Outstanding Amount.