Relevant Balance definition
Relevant Balance has the meaning given to it in Clause 7.3.
Relevant Balance means: For RCF Scheme Facilities: The RCF Scheme Facility Limit For Invoice Finance Scheme Facilities: The Maximum Guaranteed Amount For Asset Finance Scheme Facilities: The Outstanding Guaranteed Balance For Term Loan Scheme Facilities: The Outstanding Guaranteed Balance
Relevant Balance means, subject to withdrawals as permitted under the Interest Reserve Account Agreement, US$43,500,000, being the interest payable in respect of two interest periods on the Bonds;
Examples of Relevant Balance in a sentence
Subject to paragraph 5.1.2 of this Schedule 2 Part 2, the parties hereby acknowledge and agree that 50% (fifty per cent) of the Borough Council Surplus arising under an Early Viability Assessment, and/or 50% (fifty per cent) of the Borough Council Surplus arising under Viability Assessment 1 shall be provided as Deferred Affordable Housing Units within the Relevant Balance as applicable to each of those assessments.
More Definitions of Relevant Balance
Relevant Balance means in relation to:
Relevant Balance means that portion of the relevant Applicable Notional Amount in respect of which no Relevant Quotations have been obtained.
Relevant Balance means, on a particular date, subject to withdrawals as permitted under the Interest Reserve Account Agreement, the interest payable in respect of one interest period on the Bonds then outstanding on such date;
Relevant Balance. SHEET shall mean the audited consolidated financial statements of AIMDF for the twelve month-period following the Closing Date prepared in accordance with the Accounting Principles;
Relevant Balance means, in relation to a Group Company a balance (debit (positive) or credit (negative)) of that company's cash books or lockboxes or a ▇▇▇▇▇ cash balance, in each case at the Completion Accounts Date;