Required Balance has the meaning set forth in the Reinsurance Agreement.
Required Balance means [***]
Required Balance means the balance of the relevant Customer's Account or the designated account (as the case may be), which shall be debited by the Bank for providing the relevant type of Funds Transfer Service according to an Instruction, which comprises of the requested Transferred Funds and the applicable Service Charges.
Examples of Required Balance in a sentence
Except as may be required under the Related Law, the County shall maintain a balance in the Tax Losses Reserve Fund at least equal to the Required Balance.
The balance in the Tax Losses Reserve Fund is at least equal to the Required Balance.
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 shall have the meaning set forth in subsection 33(a).
Required Balance has the meaning set forth in Section 5.2(b).
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 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, 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.