Specified Balance definition

Specified Balance of an individual at any time means an amount equal to the amount by which the aggregate of all the individual’s eligible amounts received by the individual at or before that time exceeds the aggregate of all amounts paid by a qualifying trust in respect of the individual under sections 776.1.5.0.7 and 776.1.5.0.8 on the acquisition of replacement shares in the taxation years that ended before that time.

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Specified Balance is defined under Section 3.1 C(a)(ii) of the Revolving Loan Schedule.

Specified Balance means the amount equal to the amount of interest due in respect of the Notes for one Interest Period, on Issue Date being U.S.$17,375,000; and

Examples of Specified Balance in a sentence

Notwithstanding the foregoing, the Seller may decrease the Specified Balance Amount upon satisfaction of the Rating Agency Condition without the consent of any other party hereto and any Noteholder or Certificateholder.
On each Purchase Date, to the extent required, the Buyer shall instruct the Indenture Trustee to withdraw funds from the Excess Funding Account and deposit them into the Loss Reserve Account and/or the Interest Reserve Account so that the amount of funds on deposit in such accounts will be equal to the Loss Reserve Specified Balance and the Interest Reserve Specified Balance, respectively.
If, on any Purchase Date or Sale Date, after giving effect to all transactions on such date, the amount of funds in the Series 2000-1 Loss Reserve Account exceeds the Series 2000-1 Loss Reserve Specified Balance, then the Servicer may instruct the Indenture Trustee in writing to withdraw the amount of such excess for payment to or at the direction of the Issuer.
The Concentration Account, Interest Account and Specified Balance listed below are subject to Bank’s Corporate Cash Management Account Service Description.
If the actual average outstanding principal balance of the Revolving Loans in any month is less than $1,000,000 (the “Specified Balance”), Borrowers shall pay interest on the Revolving Loan for such month calculated as if the average outstanding principal balance of the Revolving Loans were the Specified Balance.
The Conduit Administrator shall determine the Reserve Account Specified Balance after giving effect to the requested Advance and the amount required to be deposited to the Reserve Account and DOE Reserve Account on each Advance Date and shall confirm that the instructions for depositing funds to the Trust Accounts are accurately set forth in the Advance Confirmation.
Therefore, all bidders and successful Contractors are required to: • Complete MTS’s Designation of Subcontractors and DBE Program - Information for MTS’s Bidder List Form.
If, on any Purchase Date or Sale Date, after giving effect to all transactions on such date, the amount of funds in the Series 2000-1 Interest Reserve Account exceeds the Series 2000-1 Interest Reserve Specified Balance, then the Servicer may instruct the Indenture Trustee in writing to withdraw the amount of such excess for payment to or at the direction of the Issuer.

More Definitions of Specified Balance

Specified Balance means, with respect to a Reserve Account, the Specified Balance for such Reserve Account specified in the Series Supplement related to the Series for which such Reserve Account was established.

Specified Balance means the result of (a) an amount equal to $[***] on the Closing Date, which shall reduce by $[***] on each anniversary of the Closing Date until such amount is equal to [***], plus (b) the result (which may be positive or negative) of (i) the Book Value of the Eligible Assets in the Segregated Account minus (ii) the Fair Market Value of the Eligible Assets in the Segregated Account, in each case as of such date of determination, with the amount in (b) deemed zero if the ratio of the Fair Market Value and Book Value of the Eligible Assets in the Segregated Account is greater than [***].

Specified Balance of an individual at any time means the amount by which the aggregate of all eligible amounts received by the individual at or before that time exceeds the aggregate of all amounts designated under section

Specified Balance means a designated specific Collected Balance in a Deposit Account.

Specified Balance means the amount equal to the amount of interest due in respect of the Notes for the then remaining Interest Periods after the Issue Date, being initially CNY200,200,000 as at the Issue Date as reduced by the interest payment on each Interest Payment Date.