Average Balance definition

Average Balance means the average end-of-day balance standing to the credit of the relevant Account for the relevant Calculation Period.

Average Balance means aggregate of Daily Investment Amount during the Investment Period divided by number of days of the Investment Period.

Average Balance means an average daily closing balance (calculated as of the last day of each calendar month).

Examples of Average Balance in a sentence

• The Quarterly Average Balance in your Callable Fixture Deposit must remain above £250,000 Sterling or the equivalent of this sum in any other currency.

• I will be notified of the Average Balance amount in the manner set out by the Bank.

• The Bank may set a minimum average daily balance on account (hereinafter "Average Balance") depending on the natures of different accounts, and the Bank may charge a management fee depending on the natures of different accounts where the balance on account is less than the Average Balance.

• For the property-related component of the balance, the Average Balance is computed as described in Note 5.

• Counsel to CARA will schedule the hearing on the appeal at a convenient date not less than ten (10) business days after an appeal has been instituted.

More Definitions of Average Balance

Average Balance equals the sum of the Account balances on each day during the operative period, divided by the number of days in the operative period; and

Average Balance means, with respect to an Interest Period, the average net daily balance (positive or negative) in the intercompany account maintained by IE pursuant to Section 2(c) hereof, which shall equal the quotient of (i) the algebraic sum of the balances of XLC Advances or IE Advances, as the case may be, which have not been repaid by the close of business on each day of the applicable Interest Period, with IE Advances treated as negative amounts, divided by (ii) the number of days in such Interest Period.

Average Balance means the account average balance for the month, which is calculated by:3.2.1. adding the daily account balance of every day of the month together: and3.2.2. dividing the total set out in 3.2.1 above by the number of days in the month;

Average Balance of the Eligible Note Receivable shall mean, for any period of determination, the average daily outstanding principal amount of the Eligible Note Receivable during such period.

Average Balance as used herein shall mean the average amount calculated using the average of the daily closing balances over the period from the date of the Agreement to the Closing Date.

Average Balance means the sum of day end daily account credit balance for the month divided by number of calendar days of the current month.

Average Balance means the average balance of the last calendar day of the three participating months in Participant’s AcceleRate Savings Account. First participating month shall be the month of Account opening date. Campaign Mechanics