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.
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Transfer Balance is defined in Section 4.1(c)(i).
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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;
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Examples of Transfer Balance in a sentence

  • In the event the Closing occurs after December 31, 2012, Buyer or its Affiliates shall provide an incentive bonus covering the entire 2013 calendar year, consistent with Section 8.1(c), and Seller or its Affiliate shall reimburse Buyer for the portion of the 2013 bonus pool at Seller’s target bonus level that is attributable to the period commencing on January 1, 2013 and ending on the Closing Date to the extent such amount is not reflected on the Transfer Balance Sheet.

  • It is expected that the Transfer Balance Sheet together with the Individual Transfer Balance Sheets will be presented to the Sellers and the Purchasers simultaneously and no later than the date which is three months after the Transfer Date.

  • If the Transfer Balance is less than the sum of $565,840, then such shortfall amount shall be paid to JT as an addition to the next payment of consulting fees, or at the Company's election, in equal installments as an addition to the next two (2) payments for consulting fees.

  • LASALLE BANK NATIONAL ASSOCIATION, as Note Trustee By: Name: Title: SCHEDULE 1 REPAYMENT OF PRINCIPAL, IF ANY, AND TRANSFERS AFFECTING THE NOTE Amount of Subsequent Funding Repayment or Transfer to or From Another Note Date of Subsequent Funding Repayment or Transfer Balance After Subsequent Funding Repayment or Transfer Notation Made By: Initial Principal Amount represented by this Unrestricted Global Note certificate is zero dollars ($0).

  • To the extent that IXX receives any refunds of amounts previously paid to a guarantee fund, plan, pool, or association or of any similar assessment, IXX shall reimburse the Administrator (in the Administrator’s capacity as the Reinsurer) to the extent such amount was reflected as an asset on the Closing Date Transfer Balance Sheet or the Reinsurer shall have reimbursed IXX under the Reinsurance Agreement for the amount refunded.

  • The Arbitrator’s report shall be limited to the contested positions regarding the Trade Working Capital Adjustment and the related aspects of the Transfer Balance Sheet.

  • Notwithstanding this, the Parties hereby agree and confirm that the remaining provisions of Section 3.4(c) of the Sale and Purchase Agreement (including that these transfers shall be ignored and be deemed not to have occurred for the purposes of the Transfer Balance Sheet and the calculation of the Purchase Price) and the provisions of Section 8.11 and Section 11 of the Sale and Purchase Agreement (including the indemnity therein) shall apply in respect of such transfers.

  • Any resolution by Price Waterhouse shall be conclusive and binding on the Purchasers and the Sellers and shall be made applying the principles set forth and referred to on Schedule 8.1. The Transfer Balance Sheet after the acceptance thereof by the Purchasers and the Sellers or the resolution of all disputes in connection therewith is referred to herein as the "FINAL BALANCE SHEET".

  • At the closing of the Columbus Transaction, the exact value of the inventory purchased shall be fixed (the "Transfer Balance").

  • Consolidation All group companies will be consolidated using financial statements for the period ending and as at the Transfer Balance Date.


More Definitions of Transfer Balance

Transfer Balance. The Group I Transfer Balance or Group II Transfer Balance, as applicable.
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Related to Transfer Balance

  • 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 during the Controlled Accumulation Period, 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.

  • 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.

  • Power Transfer Distribution Factor or “PTDF” shall mean a measure of the responsiveness or change in electrical loadings on Transmission Facilities due to a change in electric power transfer from one area to another, expressed in percent (up to 100%) of the change in power transfer in the pre-contingency configuration of a system under study.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • 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.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • 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.

  • Class B Initial Invested Amount means the sum of the aggregate initial principal amount of the Class B Certificates, which is $48,000,000 on the Closing Date, and the aggregate initial principal amount of any Additional Class B Certificates.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • 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.

  • 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.

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

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