Present Balance definition

Present Balance means the amount outstanding by You at the end of the statement period. This includes previous balance plus purchases, interest and charges accrued during the current period less any payments, refunds or goodwill credits accrued during the current period.
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Examples of Present Balance in a sentence

  • Debts Owed to Address Account No. Present Balance Monthly Payments Amount Past Due FINANCIAL REFERENCES Applicant Signature X Date Co-Applicant Signature X Date This Contract is voluntary and not required to obtain credit.

  • The full amount shown as the Present Balance on the statement (the “Present Balance”) must be paid on or before the 1st of the month next but one after the month to which the statement relates (the “Payment Date”) (so that, for example, the amount shown on a statement for September must be paid in full by the next following 1st of November).

  • If payment of the Present Balance is not made in full by the Payment Date then under the Late Payment of Commercial Debts Regulations 2002 we can exercise our statutory right to charge interest and an administration charge on all invoices overdue.

  • You and Paradise have requested us to convert $200,000.00 of the Present Balance to Common Stock of Paradise at the rate of $0.05 per share, or a total of 4,000,000 shares and Paradise has agreed that the exercise price on the 75,000 Warrants issued to us on April 25, 2001 and the 200,000 Warrants issued to us on August 15, 2001, is hereby amended to $0.05 per share.

  • REAL ESTATE Initial Present Balance Mortgagor Description Amount*/ 9/30/97 Fleet Bank Mortgage loan dated May 30, 1986, as $1,345,000 $560,870 amended, secured by a mortgage on land and buildings at Technology Park, North Stonington, Connecticut.

  • REAL ESTATE ----------- Initial Present Balance Mortgagor Description Amount*/ 9/30/96 --------- ----------- -------- ------- Fleet Bank Mortgage loan dated May 30, 1986, as $1,345,000 $687,592 amended, secured by a mortgage on land and buildings at Technology Park, North Stonington, Connecticut.

  • You and Paradise acknowledge that as of the date hereof, the total sum owed to us by the Company under the Factoring Agreement is $421,101.45 (the "Present Balance") (see attached Schedule).

  • Principal Date of Issuance Present Balance with Interest, and settlement premiums $30,000 "LG 1" 5/26/16 8% Redeemable Convertible Note.

  • We agree that Paradise may so convert $200,000.00 of the Present Balance.