OBA Balance definition

OBA Balance means the level, at a specified point in time, of the Operational Balancing Account.
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OBA Balance means the level, at the Entry Point in time, of the Operational Balancing Account.
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Examples of OBA Balance in a sentence

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to that Shipper's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

  • For so long as the OBA Balance is less than Xxx XXX, the Allocated Quantities will be equal to that Xxxxxxx's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to Xxxxxxx's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

Related to OBA Balance

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Balance means the total financial result of all completed transactions and deposit/withdrawal operations on the trading account.