Net Outstanding Balance definition
Net Outstanding Balance means the amount outstanding on the statement billing date including, the unbilled instalments in addition to outstanding amounts on Purchases, Cash Withdrawals, Balance Transfers and Loan on Phone transactions on the credit card.
Net Outstanding Balance means, for any Receivable, at any time, (i) the Outstanding Balance of such Receivable reduced by the amount of any and all available, unused discounts or credits relating to such Receivable, provided that the result is greater than zero, or (ii) zero, otherwise.
Net Outstanding Balance means at any time with respect to any Receivable, the Outstanding Balance of such Receivable less, to the extent applicable to such Receivable, any amounts described in clauses (vi), (vii) (exclusive of dilution reserves), (viii) or (ix) of the definition of Net Receivables Pool Balance.
Examples of Net Outstanding Balance in a sentence
Notwithstanding the foregoing, the Net Outstanding Balance of the X Facility Loans shall be determined after the application of Section 2.4.
Payments and Deemed Payments under the X Facility and the Y Facility will be netted against the other on a daily basis to provide a Net Outstanding Balance, if any, under one of such Facilities.
More Definitions of Net Outstanding Balance
Net Outstanding Balance of any Receivable at any time means the Outstanding Balance, excluding any portion thereof representing an Additional Amount.
Net Outstanding Balance means, with respect to any Receivable subject to a Netting Arrangement at any time, the amount by which the outstanding principal balance of such Receivable exceeds the corresponding amount of payables owed by the Originator to the Obligor."
Net Outstanding Balance means the outstanding amount on the statement billing date including outstanding amounts on purchases on the Corporate Card.
Net Outstanding Balance means, for any Receivable, at any time, (i) the Outstanding Balance of such Receivable reduced by the amount of any and all available, unused discounts or credits relating to such Receivable, provided that the result is greater than zero, or
Net Outstanding Balance means the unpaid principal balance of a Contract not including accrued but unpaid late charges or accrued but unpaid interest as of the Determination Date.
Net Outstanding Balance means the amount outstanding on the statement billing date including, the unbilled instalments in addition
Net Outstanding Balance means as of any ------------------------ date and for any Loan the balance of such Loan, after giving effect to (i) the netting of payments and Deemed Payments under the X Facility and Y Facility against one another, as contemplated pursuant to Section 2.4, (ii) the recognition of the Loans in accordance with Sections 2.5 and 2.6 and