Suspense Amount definition

Suspense Amount means the amounts which have been received on any Dedicated Collection Account (or, in the absence thereof, by any Originator) but which have not yet been reconciled with an Obligor. Target means Trans-European Automated Real-time Gross Settlement Express Transfer Payment System (Target2) or any successor thereto.
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Suspense Amount has the meaning given to it in Clause 11-14(2)(b) below.
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Suspense Amount means the amounts which have been received on any Dedicated Collection Account with respect to Purchased Receivables, but which have not yet been reconciled with an Obligor.
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Examples of Suspense Amount in a sentence

  • To the extent any First Year Suspense Amount is so offset and reduced, it will not be paid.

  • If the Net Sales of the BioD Companies for the Second Earn Out Year fall short of the Net Sales of the BioD Companies for the First Earn Out Year (the amount of any such shortfall, the “Second Year Shortfall”), the First Year Suspense Amount will be offset and reduced, but not below zero, by an aggregate amount equal to **** times the dollar amount of the Second Year Shortfall.

  • The Accounting Firm will provide a calculation of the First Earn Out Consideration, the Second Earn Out Consideration, or any First Year Suspense Amount, as the case may be, to both parties based on its resolution of the Earn Out Disputed Items, and the First Earn Out Consideration, the Second Earn Out Consideration, or any First Year Suspense Amount, as the case may be, as so calculated will be final, binding and non-appealable by the parties.

  • If, when all Payments have become due to you, the total amount of all Payments (including the Suspense Amount) is such that there would be a reduction in the Payments under the first sentence of this Section 5.1, the Suspense Amount shall not be paid to you, and the Company may close the Suspense Account or use the Suspense Account for any corporate purpose.

  • The Accounting Firm will determine the amount of the First Earn Out Consideration, the Second Earn Out Consideration, or any First Year Suspense Amount, as the case may be, in accordance with GAAP and its final determination will be, in the aggregate, neither more favorable to Parent than the position taken by Parent in the Earn Out Statement, nor more favorable to Representative than the position taken by Representative in the Earn Out Objections Statement.

  • Within three (3) Business Days after the Closing Date, the Company shall provide ALBANK with an accounting statement of the calculation of the Serviced Loan Suspense Amount sufficient to enable ALBANK to reconcile the amount of each payment, account and balance constituting such Amount to the account of each Serviced Loan.

  • Based on the Data, the Transaction Administrator shall calculate on each Calculation Date and for each Originator, with reference to the values existing on the immediately preceding Cut-off Date the Outstanding Nominal Value of the Purchased Receivables that complied, at any time, with the Eligibility Criteria for funding less the Suspense Amount on the Cut-off Date (the E.R.C.G.).

Related to Suspense Amount

  • Expense Amount As defined in Section 11.01(b) hereof.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Adjustment Escrow Amount means $1,000,000.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Holdback Amount has the meaning set forth in Section 2.06(a).