Credit Balance definition

Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.
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Credit Balance in relation to the Card Account means the balance in favour of the Cardmember on the Card Account.
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Credit Balance means the amount of E-Money from time to time standing to the credit of your Account.
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Examples of Credit Balance in a sentence

  • The Service Charge payable by the Recipient on the Withdrawn Credit Balance shall be equal to three-fourths of one percent (3/4 of 1%) per annum.

  • School shall identify to TMS in writing the method(s) of Credit Balance delivery that School offers to Students (each, a “Delivery Method”).

  • In the event that a Credit Balance is delivered via a method other than one selected by the Student, School shall be responsible for communicating any such deviation to the applicable Student.

  • When School wishes to remit a Credit Balance to a Student, School shall transfer the amount of the Credit Balance to the Settlement Account.

  • Regardless of whether a Student selects a Delivery Method or which Delivery Method a Student has selected, School represents, warrants, and covenants, that it shall deliver the Credit Balance to the Student by no later than the Delivery Deadline in a manner compliant with the HEA.


More Definitions of Credit Balance

Credit Balance means any and all sums from time to time standing to the credit of any Account or the total thereof.
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Credit Balance means the amount of monies in Your Account that We owe You; ‘Credit Interest’ means interest You receive on a Credit Balance in Your Account; ‘Currency Account’ means an Account denominated in a currency other than GBP;
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Credit Balance has the meaning set forth in Section 6.4(c).
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Credit Balance means the balance on an Account that reflects a net credit -------------- in favor of the Accountholder.
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Credit Balance means the amount of E-Money available in the Customer’s PosoMoney Account;
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Credit Balance means the amount of E-Money from time to time standing to the credit of your Account; 1
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Credit Balance means the aggregate unpaid amount of ADVANCES under Article II and L/C BALANCE outstanding from time to time.
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