Balance Owed definition

Balance Owed is the running balance after subtracting commissions and earned commissions actually earned but unpaid, which are due and payable by CSF to Affiliate, from any money and value owed (whether yet due or otherwise) by Affiliate to CSF, including without limitation license fees; commissions, and expenses that Affiliate is required to refund to CSF because of Client rights of withdrawal, non-renewals, cancellations or terminations, lapses or other reasons; advance commissions; Balances Owed of Affiliate’s Downstream Affiliate(s); expenses and fees incurred by CSF in attempting to register prospective Downstream Affiliates of Affiliate; CSF claims for indemnification against Affiliate; and other claims by CSF against Affiliate; other expenses; and any and all money and value which may be paid, advanced, or credited by or on behalf of CSF, to, or for the benefit of, Affiliate.
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Balance Owed means the outstanding principal balance under the Note immediately following a payment of principal on the Release Date;
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Balance Owed means the difference between the amount paid by the Buying Carrier on the Invoices Due Date and the aggregate of the Daily Settlement Amounts advanced by the Factor to the Selling Carrier during the Billing Cycle to which the Invoices to the Buying Carrier pertain;
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Examples of Balance Owed in a sentence

  • The Billing Cycle Settlement Statement shall display the Balance Owed by the Factor to the Selling Carrier.

Related to Balance Owed

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Unrealized losses means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;

  • Realized Losses means, with respect to any Receivable that becomes a Liquidated Receivable, the excess of the Principal Balance of such Liquidated Receivable over Net Liquidation Proceeds to the extent allocable to principal.

  • Balance means the total financial result in the Client Account after the last Completed Transaction and depositing/withdrawal operation at any period of time.

  • Balance Due Date means the date shown below in Section 2.4(6) as the date when the Mortgage matures. On this date the Mortgage must be repaid or renewed.

  • Realized Loss With respect to each Liquidated Mortgage Loan, an amount as of the date of such liquidation, equal to (i) the unpaid principal balance of the Liquidated Mortgage Loan as of the date of such liquidation, plus (ii) interest at the Net Mortgage Interest Rate from the Due Date as to which interest was last paid or advanced (and not reimbursed) to Certificateholders up to the Due Date in the month in which Liquidation Proceeds are required to be distributed on the Stated Principal Balance of such Liquidated Mortgage Loan from time to time, minus (iii) the Liquidation Proceeds, if any, received during the month in which such liquidation occurred, to the extent applied as recoveries of interest at the Net Mortgage Interest Rate and to principal of the Liquidated Mortgage Loan. With respect to each Mortgage Loan that has become the subject of a Deficient Valuation, if the principal amount due under the related Mortgage Note has been reduced, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation. With respect to each Mortgage Loan that has become the subject of a Debt Service Reduction and any Distribution Date, the amount, if any, by which the principal portion of the related Monthly Payment has been reduced.

  • Unrealized Loss attributable to any item of Partnership property means, as of any date of determination, the excess, if any, of (a) the Carrying Value of such property as of such date (prior to any adjustment to be made pursuant to Section 5.5(d) as of such date) over (b) the fair market value of such property as of such date (as determined under Section 5.5(d)).

  • Principal Loss Amount With respect to each Payment Date, the sum of: (a) the aggregate amount of Credit Event Net Losses for all Credit Event Reference Obligations for the related Reporting Period; (b) the aggregate amount of court-approved principal reductions (“cramdowns”) on the Reference Obligations in the related Reporting Period; (c) subsequent losses on any Reference Obligation that became a Credit Event Reference Obligation on a prior Payment Date; and (d) amounts included in the second, fourth, seventh, eighth and tenth priorities set forth in Section 3.03(f) hereof.