Common use of Target Balance Clause in Contracts

Target Balance. As used herein “Target balance” means the collected balance amount designated by Customer from time to time as a threshold balance to remain in Customer’s Account(s) , and which shall not be invested in any of the Commercial Sweep Services investment options.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Target Balance. As used herein “Target balance” means the collected balance amount designated by Customer from time to time as a threshold balance to remain in Customer’s Account(s) , and which amount shall not be invested in any of the Commercial Sweep Services investment options.

Appears in 3 contracts

Samples: Hancock Whitney Bank, Hancock Whitney Bank, Hancock Whitney Bank

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!