Projected Balance definition

Projected Balance means the Deferral Account balance as of the date of Separation from Service, increased by an amount equal to the monthly Contributions anticipated to be made to the Deferral Account between the date of the Separation from Service and Normal Retirement Age (each such Contribution to be equal to the average monthly Contribution made by Employer between the Effective Date and Separation from Service), with interest credited on the Deferral Account balance at an annual rate equal to the average of Accumulation Period Crediting Rate between the Effective Date and Separation from Service, compounded monthly.
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Projected Balance means the projected balance of the Deferral Account on the first day of the month following the date which would have been the Normal Retirement Age had the Employee survived and continued to be employed by the Bank. This amount shall be calculated assuming the Deferrals and the Crediting Rate remained constant from the date of death until the date which would have been the Normal Retirement Age.
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Projected Balance means, for any Fiscal Quarter (or portion thereof), the principal amount of the KEXIM Covered Facility Loan that the Borrower expects to be outstanding in such Fiscal Quarter (or portion thereof) as shown in Exhibit E based on the Borrower’s current expectation as of the date of Closing Date, which exhibit shall be updated and provided to the KEXIM Facility Agent by the Borrower from time to time (i) within ten (10) Business Days following the incurrence of any Replacement Debt or any prepayment of all or any portion of any KEXIM Covered Facility Loan and (ii) on the date on which any Additional Advance occurs.
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Examples of Projected Balance in a sentence

  • However, if the Employee dies prior to Normal Retirement Age, the benefit shall be the Projected Balance.

  • SCHEDULE A-1 Service Specifications – Aggregation Services • Running Balance • Projected Balance • Transaction Search • Account and Transaction memo • Transaction Categorization • Transaction Classification • Automatic Display of the Held Accounts for a Registered User • Budgeting Tools • Easy to create and maintain online budget • Weekly and Monthly Status Report • Category threshold alerts • Budget vs.

  • Projected Balance Sheets of the Reorganized Debtor as of the end of the fiscal years 2002 through 2006; .

  • The Projected Balance will then be converted into annual installment benefit payments based upon the Participant’s elected form of retirement payments under the Plan, assuming continued tax-deferred earnings on the undistributed balance at the Moody’s Rate (the “Projected Annual Payouts”).

  • The 12/31/97 Projected Balance Sheet is attached as Schedule 6.12(a) hereto.

  • The Projected Balance will then be converted into annual installment benefit payments based upon the Participant's elected form of retirement payments under the Plan, assuming continued tax-deferred earnings on the undistributed balance at the Moody's Rate (the "Projected Annual Payouts").

  • The Assets include all assets currently used or useful in the business or necessary for the operation of the Business as currently conducted and include all assets on the Projected Balance Sheet, except materials and supplies consumed and accounts receivable paid in the ordinary course of business and assets acquired after March 29, 1997.

  • The internal books and records of Virtual from which the Unaudited Balance Sheet and the Projected Balance Sheet were derived do not contain any information which is false or misleading in any material respect.

  • Beginning Projected Balance for January adjusted to 2003 Cash Collateral Beginning Balance.

  • If, at any time or from time to time, the Contingent Value Representative shall reasonably determine that there has been a change of circumstances that has changed the Outstanding Share Assumption or Financial Assumptions, then MAAC shall cause a new Projected Balance Sheet and recomputation of Adjusted FFO Per Share to be prepared.


More Definitions of Projected Balance

Projected Balance means, for any Fiscal Quarter (or portion thereof), the principal amount of the KSURE Covered Facility Loan that the Borrower expects to be outstanding in such Fiscal Quarter (or portion thereof) as shown in Exhibit E based on the Borrower’s current expectation as of the date of Closing Date, as such Exhibit E may be amended from time to time pursuant to Section 7.02 (Exhibit E Updates).
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Projected Balance means Three Hundred Ninety-Eight Thousand Two Hundred Twenty dollars ($398,220).
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Related to Projected Balance

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

  • 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.

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

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

  • Scheduled Balance Not applicable.

  • 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.

  • 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).

  • 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.

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Scheduled Balances Not applicable.

  • Payahead Balance means, for a Lease:

  • 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.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • 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.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

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

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

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

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Additional Balance as to any Mortgage Loan means the aggregate amount of all additional borrowings by the mortgagor under the relevant Credit Line Agreement after the Cut-off Date for the Mortgage Loan.

  • REMIC I Subordinated Balance Ratio The ratio among the Uncertificated Principal Balances of each of the REMIC I Regular Interests ending with the designation "A," equal to the ratio among, with respect to each such REMIC I Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Loan Group over (y) the Current Principal Amount of the Senior Certificates in the related Group.

  • REMIC II Subordinated Balance Ratio The ratio among the Uncertificated Balances of each REMIC II Regular Interest ending with the designation “SUB,”, equal to the ratio between, with respect to each such REMIC II Regular Interest, the excess of (x) the aggregate Stated Principal Balance of the Group I Mortgage Loans or Group II Mortgage Loans, as applicable over (y) the current Certificate Principal Balance of related Class A Certificates.

  • 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.

  • 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.