Transfer Balance definition

Transfer Balance. As to any Distribution Date and Transferor Group, (i) the excess, if any, of the Special Hazard Loss (other than a Special Hazard Loss which is an Excess Loss) allocated to the Lowest Class in such Certificate Group, over the Current Transfer Payment in respect of such Special Hazard Loss, minus (ii) the payments, if any, made in respect of such excess on prior Distribution Dates, minus any other reductions in such excess as provided herein.
Sample 1Sample 2Sample 3
Transfer Balance. As defined in Section 4.02(a)(I)(c).
Sample 1
Transfer Balance. The Group I Transfer Balance or Group II Transfer Balance, as applicable.
Sample 1

Examples of Transfer Balance in a sentence

  • Transfer Balance Amount $ : Credit Debit QuantitySecurity Description / CUSIPQuantitySecurity Description For official use only Make checks payable to: Muriel Siebert & Co., Inc.This is to confirm that we will accept the above captioned account as successor trustee.13-2639174 Muriel Siebert & Co., Inc.

  • A buy-sell spread may apply for that change.Where, as a result of an Australian Taxation Office Commutation Authority, you have to transfer all or part of your legalsuper pension account balance to a new legalsuper accumulation account (if you don’t already have one) to meet the Transfer Balance Cap requirements, we will set-up a new legalsuper accumulation account with no insurance cover and the amount transferred will be invested in the Cash option.

  • A buy-sell spread may apply for that change.Where, as a result of an Australian Taxation Office Commutation Authority, you have to transfer all or part of your legalsuper pension account balance to an existing legalsuper accumulation account to meet the Transfer Balance Cap requirements, we will apply your legalsuper pension account investment options to the amount transferred to your legalsuper accumulation account.

  • Spouses may also have the option of taking a pension subject to the Transfer Balance Cap which is a $1.6M limit (in 2020/21) to the amount of superannuation that can be transferred to retirement pension(s).

  • If the owner is totally and permanently disabled, the owner can take their benefit as a pension (subject to the Transfer Balance Cap) or lump sum.

  • How does the Transfer Balance Cap impact death benefits?A Transfer Balance Cap ($1.7 million in 2021/22) applies to the amount of super that can be transferred into the retirement phase.

  • How does the Transfer Balance Cap impact death benefits?A Transfer Balance Cap ($1.7 million in 2022/2023) applies to the amount of super that can be transferred into the retirement phase.

  • Rehnquist wrote, “Without question when a supervisor sexually harasses a subordinate because of the subordinate’s sex, the supervisor discriminates on the basis of sex” (Brown 2017).

  • In future years the Transfer Balance Cap will be indexed in $100,000 increments, in line with increases in the Consumer Price Index (rate of inflation).

  • Any super I use to start a legalsuper Pension is subject to the Transfer Balance Cap and I am not exceeding the Transfer Balance Cap in starting a legalsuper Pension.


More Definitions of Transfer Balance

Transfer Balance means any part of the money you owe us (not exceeding the total amount we have lent you under this mortgage) which you want to transfer from this mortgage to the new mortgage;
Sample 1

Related to Transfer Balance

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Assumed Balance With respect to any Distribution Date, Class of Subordinated Certificates and Loan Group, each such Class' pro rata interest (based on their respective Class Certificate Balances) in such Loan Group equal to the product of the Subordinated Percentage for such Loan Group as of such Distribution Date and the aggregate Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such prior Due Date).

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Specified Spread Account Balance means on the Closing Date, % of the sum of the Pool Balance as of the [Initial] Cutoff Date and on any Payment Date thereafter the lesser of, (a) % of the [sum of (i) the] Pool Balance as of the [Initial] Cutoff Date [plus (ii) the aggregate Contract Value of all Subsequent Receivables sold to the Trust as of their respective Cutoff Dates] and (b) the outstanding principal amount of the Notes. However, if (A) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) will be reduced to % on such Payment Date and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Dates as provided in the following clauses (B), (C) or (D); (B) if the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Date in [Month] 20XX or any Payment Date thereafter and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (C) or (D); (C) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter unless further reduced on the Payment Date as provided in the following clause (D); and (D) the Specified Spread Account Reduction Trigger is met on the Payment Date in [Month] 20XX or any Payment Date thereafter, the percentage in clause (a) of the preceding sentence will be reduced to % on such Payment Date (regardless of whether the Specified Spread Account Reduction Trigger was met on the Payment Dates in [Month] 20XX or any Payment Date thereafter, [Month] 20XX or any Payment Date thereafter or [Month] 20XX or any Payment Date thereafter) and will remain at such percentage for each Payment Date thereafter. In addition to the ability to amend the “Specified Spread Account Balance” definition pursuant to Section 9.1(a) of the Indenture, the Specified Spread Account Balance may also be reduced or modified without the consent of the Holders of the Notes if the Rating Agency Condition is satisfied with respect to such reduction or modification.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Apportioned Principal Balance For any Class of Subordinated Certificates and any Distribution Date, an amount equal to the Class Certificate Balance of such Class immediately prior to that Distribution Date multiplied by a fraction, the numerator of which is the applicable Group Subordinate Amount for such Distribution Date and the denominator of which is the sum of the Group Subordinate Amounts for such Distribution Date.

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the Original Class B-5 Principal Balance less the sum of all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph fifteenth of Section 4.01(a)(ii) and (B) as a result of a Principal Adjustment; provided, however, if the Class B-5 Certificates are the most subordinate Certificates outstanding, the Class B-5 Principal Balance will equal the difference, if any, between the Aggregate Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Aggregate Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Original Class B-6 Principal Balance The Class B-6 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.