Gross Balance definition

Gross Balance. As of any date of determination, (i) with respect to a Retail Note, the unpaid principal balance of such Retail Note as of such date plus, with respect to a Retail Note classified as a "finance charge-included contract", the finance charges included in the payments due with respect to such Retail Note on or after such date, and (ii) with respect to a Retail Lease, the aggregate remaining periodic rental payments plus the TRAC Payment or purchase option price set forth in such Retail Lease (which, for such purposes, shall be assumed to be made on the last day of the lease term).
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Gross Balance. As of any date with respect to a Contract, the then remaining aggregate Scheduled Payments to be made by the Customer under such Contract; provided that the Gross Balance of any Defaulted Contract shall be deemed to be zero, except as provided in the definition of Current Lease Balance.
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Gross Balance means, at any time with respect to a Premium Finance Agreement, the maximum balance owing under such Premium Finance Agreement by the Obligor (payable in Dollars).
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Examples of Gross Balance in a sentence

  • The records regarding collection, history, payments, Contract accounting, customer service notes, Contract Debtor names and addresses and Gross Balance shall be computerized.

  • The term "Gross Balance of a Lease Receivable" shall mean the aggregate of lease payments remaining due plus the residual value with respect to such Lease Receivable.

  • NOL Gross Balance $1,400 Net Operating Loss (NOL) Carryforwards Investment Book Value (3) 2015E Production (MMcfe/d) (4) 2016E Production (MMcfe/d) (4) Estimated Proven Reserves (Bcfe) (5) 35 253 Laramie Energy (PPH investment share) $126 18 ($ in millions, except per share data) LTM EST.

  • The Company instructed us to subtract the BMW and MINI Mobility Vehicles value and the Service Loaners value from the Ending Balance Grand Total on the Floorplan and Service Loaner Statement prior to performing our comparison to the Ending Gross Balance on the Dealer Credit Utilization Report.

  • Percent of Weighted Weighted Aggregate Number Aggregate Average Average Average Principal of Principal Current Gross Remaining Range of Gross Balance Mortgage Balance Principal Mortgage Term Margins (%) Outstanding Loans Outstanding Balance Rate (months) ----------------------------- ---------------- -------- ----------- ------------ -------- --------- Less than or equal to 0.000..

  • For 2004, these schedules showed the "Top 5 Gross Balance," in descending order to be: South Dragon Detergent Co., Pui Shing Detergent Co., P.T. Pasifik Ichsan, and Red Light Development Ltd.


More Definitions of Gross Balance

Gross Balance means, with respect to any Receivable, all remaining amounts owed by the related Obligor under such Receivable.
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Gross Balance means, with respect to any Contract, an amount equal to the number of remaining Scheduled Payments multiplied by the amount of each Scheduled Payment minus any Prepayments or other payments applied to reduce the unpaid principal balance of such Contract.
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Gross Balance means, at any time, the aggregate Outstanding Balance of all Pool Receivables at such time.
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Gross Balance means, as of any date with respect to a Receivable, the then remaining aggregate Scheduled Payments to be made by the Obligor under such Receivable; provided that the Gross Balance of any Defaulted Receivable shall be deemed to be zero.
Sample 1
Gross Balance. As of any date of determination, with respect to a Receivable, the unpaid principal balance of such Retail Note as of such date plus, with respect to a Retail Note classified as a “finance charge-included contract”, the finance charges included in the payments due with respect to such Retail Note on or after such date.
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Related to Gross Balance

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • 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.

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

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

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

  • Scheduled Balance Not applicable.

  • 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.

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

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

  • 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.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Scheduled Balances Not applicable.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Payahead Balance means, for a Lease:

  • 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.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Available Balance means, in relation to any Account, the aggregate of:

  • 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.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • 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.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;