Required Balance definition
Required Balance has the meaning set forth in the Reinsurance Agreement.
Required Balance means [***]
Required Balance shall have the meaning set forth in Section 33 (a).
Examples of Required Balance in a sentence
The amount of security required to be provided by the Reinsurer hereunder shall be adjusted following the end of each Monthly Accounting Period based on (1) the Required Balance as of the end of such Monthly Accounting Period and (2) the Book Value of Eligible Assets in the Trust Account and the Subsidiary Trust Account, together, as of the end of such Monthly Accounting Period.
More Definitions of Required Balance
Required Balance means, as of any date of determination, an amount calculated by the Ceding Company equal to (a)(i) [REDACTED] multiplied by (ii) the Base Amount as of such date of determination minus (b) an amount equal to the Unamortized Ceding Commission.
Required Balance means one hundred percent (100%) of the amount equal to (a) the Reserves on the Policies and Post-Closing Policies, plus (b) other liabilities relating to the Policies and Post-Closing Policies, which shall be calculated in accordance with the methodology set forth on Exhibit D hereto, minus (c) the amount of outstanding loans under the Policies and Post-Closing Policies (to the extent such loans constitute admitted assets under Connecticut SAP).
Required Balance means the balance of the relevant Customer's Account that shall be debited by the Bank for providing the SMART Credit Service and/or the BAHTNET Service and/or PromptPay Service, which consists of the requested Transferred Funds and the applicable Service Charges.
Required Balance means, as of any date, the amount equal to the Reinsurer’s Quota Share of the Statutory Reserves with respect to the Reinsured Policies.
Required Balance means, with respect to any Settlement Date, an amount ---------------- equal to (a) the Aggregate Capital on such Settlement Date divided by (b) (i) one minus (ii) the Applicable Percentage.
Required Balance shall have the meaning set forth in Schedule 31.
Required Balance means for any year an amount equal to the current minimum balance required to be maintained by the County in the Tax Losses Reserve Fund under the Related Law.