Outstanding Account Balance definition

Outstanding Account Balance means the amount owed on a debt, as of a particular date. Title companies will obtain an outstanding balance for liens on property being sold, as of the anticipated date of closing, with a daily accrual for additional interest due each day the closing is delayed.
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Outstanding Account Balance means, as of any date of determination for all (or, as the context requires, any) Purchased Accounts (a) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has not occurred as of such date of determination (assuming for this purpose that repurchase were required), plus (b) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has already occurred if such Purchased Accounts are then actually subject to a Repurchase Event as of such date of determination, plus (c) all accrued and unpaid fees, costs and expenses (including the WFB Discount) payable by Client to Administrative Purchaser or Purchaser hereunder as of such date of determination.
Sample 1
Outstanding Account Balance means, as of any date of determination, (a) the aggregate Repurchase Price of all Purchased Accounts for which the Settlement Date has not occurred (assuming for this purpose that repurchase were required), plus (b) the aggregate Repurchase Price of all Purchased Accounts for which the Settlement Date has occurred if such Purchased Accounts are then actually subject to a Repurchase Event, plus (c) all accrued and unpaid fees, costs and expenses payable by Client to Purchaser hereunder as of such date of determination.
Sample 1

Examples of Outstanding Account Balance in a sentence

  • Share Options Outstanding Account Balance at the beginning of the year1.05-(+) Current Year Transfer-1.05(-) Written Back in Current Year0.21-Closing Balance0.841.05d.

  • Benefits continue until the earliest of:• The 30th day following the date the Claimant returns to his or her job;• The date the Outstanding Account Balance is paid off;• The date monthly Disability benefits totalling $50,000 per insured Account have been paid;• The date when 10 monthly Disability benefits have been paid; or,• The Claimant’s 70th birthday.If the Claimant is disabled for less than 30 consecutive days, the monthly Disability benefit is not payable.

  • The premium in respect of the Outstanding Account Balance covered by the claim less any benefits paid.If the sum calculated above is less than $10, the monthly Disability benefit will be the lesser of $10 and Your Outstanding Account Balance.

  • Share Options Outstanding Account Balance at the beginning of the year (+) Current Year Transfer(-) Transferred to Securities premium Account (-) Written Back in Current YearClosing Balance (c) d.

  • Benefits continue until the earliest of:• The 30th day following the date the Strike or Lockout ends;• The date the Outstanding Account Balance is paid off;• The date monthly Strike or Lockout benefits totaling $50,000 per insured Account have been paid;• The date when 10 monthly Strike or Lockout benefits have been paid; or,• The Claimant’s 70th birthday.If the Strike or Lockout lasts for less than 30 consecutive days, the monthly Strike or Lockout benefit is not payable.

  • The premium in respect of the Outstanding Account Balance covered by the claim less any benefits paid.If the sum calculated above is less than $10, the monthly Strike or Lockout benefit will be the lesser of $10 and Your Outstanding Account Balance.

  • Share Option Outstanding Account Balance at the Beginning of the Financial year101.09 108.96 Addition during the Financial year173.08 48.89 Less: Written back during the Financial year(18.35) (5.28) Less: Shares Allotted(66.01) (62.80) Less: Deferred employee stock compensation(94.81)95.0011.32101.09e.

  • However, for the second person who incurs a claim, benefits will be based on the difference between the Outstanding Account Balance on the date the second person incurs a claim and the Outstanding Account Balance used to determine the first person’s benefit, less any monthly benefits paid to reduce the first person’s Account balance.

  • Benefits continue until the earliest of:• The 30th day following the date the Claimant returns to employment or self- employment;• The date the Outstanding Account Balance is paid off;• The date monthly Job Loss benefits totalling $50,000 per insured Account have been paid;• The date when 10 monthly Job Loss benefits have been paid; or,• The Claimant’s 70th birthday.If the Claimant is unemployed for less than 30 consecutive days, the monthly Job Loss benefit is not payable.

  • The premium in respect of the Outstanding Account Balance covered by the claim, less any benefits paid.If the sum calculated above is less than $10, the monthly Job Loss benefit will be the lesser of $10 and Your Outstanding Account Balance.

Related to Outstanding Account Balance

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • 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.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Specified Spread Account Balance means on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (i) the] Pool Balance as of the [Initial] Cutoff Date [plus (ii) the aggregate Contract Value of all Subsequent Receivables sold to the Trust as of their respective Cutoff Dates] and (b) the outstanding principal amount of the Notes. However, if (A) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) will be reduced to % on such Payment Date and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Dates as provided in the following clauses (B), (C) or (D); (B) if the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Date in [Month] 20XX or any Payment Date thereafter and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (C) or (D); (C) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (D); and (D) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter, [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter. In addition to the ability to amend the “Specified Spread Account Balance” definition pursuant to Section 9.1(a) of the Indenture, the Specified Spread Account Balance may also be reduced or modified without the consent of the Holders of the Notes if the Rating Agency Condition is satisfied with respect to such reduction or modification.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

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

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Regular account means the account established for each active and inactive member un-

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

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