Operating Balance definition

Operating Balance means the amount of funds necessary for indemnification as determined by the director.
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Seller in respect of the Purchased Assets (it be understood that all Asset Taxes shall be allocated as determined in accordance with the procedures set forth in Section 6.4), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the amount of Suspense Funds, minus (vi) the amount set forth on Schedule 2.2(g).
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and attributable to the period after the Effective Time and paid by Seller in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2013 Taxes assessed on the Purchased Assets in accordance with Section 6.4), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the amount of Suspense Funds.
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Examples of Operating Balance in a sentence

  • Operating Balance: Item 14 minus Item 15 indicates operating balance.

  • This diagram shows how the Operating Balance translates into cash available to the core Crown and how this cash was spent.

  • Definition of Operating Balance: The difference between operating revenues and operating expenditures; measures an entity’s ability to finance investments from recurrent revenues.

  • The Gross Operating Balance is therefore,a reflection of the total change in net worth of the general government sector due to transactions and is a measure of the sustainability of government operations.

  • Revenue minus expenses (other than the consumption of fixed capital) equals the Gross Operating Balance and is set out in the Statement of Operations.

  • The Gross Operating Balance minus the Net Acquisition of Non-Financial Assets gives Net Lending/Net Borrowing.

  • Column 11: Total CACFP Expenditures: Add the grand totals from columns 2 through 9 Column 12: Total Reimbursement: This is the Grand Total from Column 10Column 13: Operating Balance: Item 11 minus Item 12 indicates operating balance.

  • Enterprise Development FundAs part of the 2016-17 budget proposals, £10m of the Operating Balance was earmarked for transfer into this new reserve, with a further £10m each year for the following four years, in support of the£50m Enterprise Development Scheme.

  • It has a diversified lender mix with participation from Banks, NBFCs, HFCs, Mutual Fund and NHB.

  • Operating Balance (Item 11 Minus Item 12—See Instructions) $Form completed by: Sam Gov Contact Info: Sam.Gov@email.com NOTE: Attach and submit ALL expenditure/reimbursement worksheets listed on this form to be validated by OSDEORGANIZATION CHART INSTRUCTIONS An organizational chart shows the internal structure of an organization.


More Definitions of Operating Balance

Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Sellers in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Sellers in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2010 Taxes assessed on the Purchased Assets).
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Operating Balance means the amount agreed under paragraph 52(c)
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Seller in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2011 Taxes assessed on the Purchased Assets), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the Suspension Amounts.
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Related to Operating Balance

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

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

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Casualty Amount means Five hundred thousand Dollars ($500,000) (or the equivalent in any other currency);

  • Lease Balance means, with respect to the Leased Properties, as of any date of determination, an amount equal to the sum of all Funding Party Balances.

  • Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.