Starting Balance. The starting balance for the Emissions Benefit Balance shall be equal to BMW NA’s starting Agreement Balance.
Starting Balance. The starting balance for the Emissions Benefit Balance shall be equal to Xxxxxxxxxx’s starting Agreement Balance.
Starting Balance. The starting balance for the Emissions Benefit Balance shall be equal to Ford’s starting Agreement Balance.
Starting Balance. As of December 29, 2019, the Original Note, the Prior Revolving Loans, other adjustments, and the aggregate balance of accrued and unpaid interest thereon (which amounts are reflected on Schedule I as of such date) shall be converted into an initial balance of borrowings under this Agreement in the aggregate amount of $21,067,000, and additional borrowings that were made during the first fiscal quarter of 2020 (which amounts will be reflected on Schedule I) shall be added to the initial balance of borrowings under this Agreement (collectively, the “Starting Balance”). The amounts included in the Starting Balance that are owed directly to Lender on the date hereof shall continue to be due and payable to Lender, and the amounts included in the Starting Balance that are owed to each Subsidiary on the date hereof shall remain due and payable to such Subsidiary, as applicable.
