Debit Balance. The Cardmember may “Top Up” and pay monies into the Card Account in the following manner or such other manner which the Bank may prescribe from time to time:-
Debit Balance. 1. Producer agrees to pay the Debit Balance of Producer owed to any Company when due.
2. If any Debit Balance is not paid when due, the amount will bear interest at the rate posted on the Producer/Distributor website, but in no event in excess of that permitted by applicable law.
3. Producer grants to any Company a first lien on and the right to apply any amount due to Producer from any Company and any Voya Affiliate Company to offset Producer’s Debit Balance with any Company or any Voya Affiliate Company.
4. Any Debit Balance of any Producer survives termination of this Agreement.
Debit Balance. Supplier shall immediately remit any monies due to ABC in the event of an ABC accounts payable debit balance situation with Supplier that persists for more than [***]. Debit balance is defined as the sum of all transactions in ABC’s accounts payable system having due dates through, but not extending beyond, the then present date.
Debit Balance. An account balance representing money owed us or our clearing correspondent, Pershing, LLC. (“Pershing”). x.
Debit Balance. AAI shall retain a lien upon all securities and collateral so long as there is any debit in the Account. Debit balances shall accrue interest on a daily basis at a rate per annum equal to one percent (1%) above the quoted broker's current call loan rate, such rate being subject to change, without prior notice, as the quoted broker's current call loan rate changes. A designated delivery versus payment (DVP) account shall not bear any interest charge.
Debit Balance. 1. You agree to pay your Debit Balance owed to the Company or an Affiliate when due.
a. The determination of the amount of any liabilities or advances due and/or owed in connection with a Debit Balance shall be at the sole discretion of the Company. Such Debit Balances(s) due from you shall be debited on the books of the Company with the amount of such obligation, when the same is due and unpaid from you to the Company, and on demand, you shall promptly pay that Company the amount of such Debit Balance.
b. Any such Debit Balance, together with interest thereon at the applicable current rate per month or the maximum legal rate, whichever is less, owed by you to the Company or an Affiliate may be set xxx by the Company, at any time, against any sums due from the Company or an Affiliate to you, and a first lien is hereby reserved to the Company thereon for the satisfaction of any such Debit Balance.
Debit Balance. Debit Balance" shall mean a balance in a Credit Account in which the sum of the Debit Entries exceeds the sum of the Credit Entries for that particular Credit Account.
Debit Balance. 1. General Agent agrees to pay the Debit Balance of General Agent owed to any Company when due. General Xxxxx agrees to pay the Debit Balance of any Producer owed to any Company after the Company debt collection procedure has been completed and the Producer has not paid its full Debit Balance.
2. If any Debit Balance is not paid when due, the amount will bear interest at the rate posted on the Producer/Distributor website, but in no event in excess of that permitted by applicable law.
3. General Agent grants to any Company a first lien on and the right to apply any amount due to General Agent from any Company and any ING Affiliate Company to offset General Agent’s Debit Balance with any Company or any ING Affiliate Company.
4. Any Debit Balance of General Agent and any Producer survives termination of this Agreement.
Debit Balance. The balance remaining from time to time after subtracting the commissions and earned commissions actually earned but unpaid, which are due and payable by CalChoice Financial to Associate, from any money and value owed (regardless of whether it is then due or not) by Associate to CalChoice Financial , including but not limited to expenses; license fees; commissions, and expenses that Associate is required to refund to CalChoice Financial because of Customer cancellations, rights of withdrawal, non-renewals, terminations, lapses or otherwise; Advance Commissions; Debit Balances of Associate's Recruit(s); expenses and fees incurred by CalChoice Financial in attempting to register prospective Associates Recruits; CalChoice Financial claims for indemnification against Associate; and other claims by CalChoice Financial against Associate; and any and all money and value which may be paid, advanced, or credited by or on behalf of CalChoice Financial , to, or for the benefit of, Associate.
Debit Balance. In the event the account reflects a debit balance upon the death of the last surviving joint account owner, Broker/Dealer may liquidate any securities, at its discretion, required to satisfy that debit balance prior to distribution of any money, securities, or other property to the Beneficiary(ies).
