Total Outstanding Balance definition
Examples of Total Outstanding Balance in a sentence
Accounts/Notes Receivable & Address (Street, City, State, ZIP code)Status (e.g., age, factored, other)Date Due(mmddyyyy)Invoice Number or Government Grant or Contract NumberAmount Due 65a $ 65b $ 65c $ 65d $ 65e $65f Total Outstanding Balance (Add lines 65a through 65e and amounts from any attachments)$BUSINESS ASSETS Include all tools, books, machinery, equipment, inventory or other assets used in trade or business.
In the event that the aggregate of the outstanding balance on your Card Account(s), and the total outstanding balance of your Balance Transfer(s) (the “Total Outstanding Balance”) exceeds your Credit Limit, you shall pay us on demand such amount as may be determined by us (the “Excess Amount”) to ensure that your Total Outstanding Balance is within your Credit Limit.
In case of reduction of the Credit Limit, should the Total Outstanding Balance exceed the reduced Credit Limit, the Cardholder agrees that the excess shall become immediately due and demandable without the need of further notice or advice from the Bank.
Upon cancellation of the Card Account and the Card, the Bank may declare the Total Outstanding Balance, which includes any unposted transactions and unbilled monthly installments due, under any of the Cards to be immediately due and demandable.
However, the Bank reserves the right to collect processing and administrative fees to cover expenses incurred, including applicable taxes and Total Outstanding Balance, if any.