Prepayment Balance definition
Prepayment Balance means, at any time, the portion of the Prepayment that has not, in accordance with this Agreement, been applied to purchases of Goods by Apple or repaid to Apple as of such time.
Prepayment Balance in relation to a Transaction means the amount then standing to the credit of the Eligible Account in respect of prepayments by Party A pursuant to Part 5.2 (q)(ii)(3), (v)(1) or (vii) in respect of that Transaction and interest (net of any government or bank fees) on that amount and which has not been utilised pursuant to Section 2(e) or repaid to Party A pursuant to Part 5.2(q)(v)(2) or (viii).
Prepayment Balance means payments made pursuant to this Order that have not yet been drawn down by Enrollment Product purchases made pursuant to this Order.
More Definitions of Prepayment Balance
Prepayment Balance has the meaning specified in Section 2.2(b).
Prepayment Balance means the amount of the outstanding Prepayment under this Agreement from time to time, which Prepayment Balance (i) was initially equal to the amount of the Original Prepayment on the Original Prepay First Amendment Date, (ii) shall be equal to the amount of the Prepayment on the 2023 Accordion Closing Date; and (iii) shall be adjusted from time to time in accordance with this Agreement.