Trust Balance Sample Clauses

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Trust Balance. In the event the balance of the Tail Loss Trust is insufficient to cover the Subscribing Reinsurer's claims liabilities under this Contract relating to Tail Loss Loans, the Subscribing Reinsurer, immediately upon notification by the Company or the Tail Loss Trustee, shall make payment of such deficiency in accordance with paragraph D of the Reports and Remittances Article in fulfillment of its obligations under this Contract.
Trust Balance. Trust Balance" means the total cash amount and/or ------------- property held by the Trustee in the Trust on any date as of which the Trust asset(s) is/are required to be determined under this Agreement.

Related to Trust Balance

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

  • Account Balances Balances shown in your accounts may include deposits subject to verification by us. The balance reflected in the Service may differ from your records due to deposits in progress, checks outstanding, or other withdrawals, payments or charges. A transfer request may not result in immediate availability because of the time required to process the request. A transfer request must be made before the Business Day Cut-off time to be effective the same Business Day. The balances within the Service are updated periodically and the Service will display the most current "as of" date on the "accounts" summary page. There may be situations that cause a delay in an update of your balances. The Service will use the most current balance available at the time of a transaction to base our approval for account transfers.

  • Credit Balances No interest or other amount will be paid by us on any credit balance on the Unallocated Account.

  • Original Class B Principal Balance The Original Class B Principal Balance is $7,500,485.88.

  • Principal Balance Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.