Accrued Balance definition

Accrued Balance means, as to any Receivable, the Outstanding Balance of such Receivable plus any accrued and unpaid interest thereon.
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Accrued Balance means the Vested balance of a Participant’s Account.
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Accrued Balance means the balance of a Participant's Account.
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Examples of Accrued Balance in a sentence

  • In the event that Pre-Payment does not occur by the sooner of the end of the applicable Registration Period or the Effective Date (the "Pre-Payment Deadline"), then on the trading day following: a) the Pre-Payment Deadline and b) the 30th day after the Pre-Payment Deadline, one-half of the Accrued Balance will automatically convert into the Company's Common Stock (each of these dates being a "Conversion Date").

  • The Company shall publish its annual report of the previous year truthfully through the credit platform in accordance with the format and time stipulated by the commercial registration authority.

  • In the event of a Participant's Total Disability, the Accrued Balance in his Account (calculated as of the Valuation Date next preceding the date of the distribution) shall be paid to such former Participant in a lump sum.

  • The Employee shall be eligible to receive a cash bonus of at least $25,000 with respect to each calendar year during the Employment Period, subject to the achievement of the goals determined at the commencement of each year by the President of the Company.

  • If a Participant terminates his employment other than by reason of death, retirement or Total Disability, the Accrued Balance in such Participant's Account (calculated as of the Valuation Date next preceding the date of the distribution) hereof shall be paid to the Participant in a lump sum.

  • The pre-payment amount shall be equal to 120% times the Accrued Balance up to the date (the "Pre-Payment Date") the consideration for the pre-payment from the Company has value in the account of the Holder ("Pre-Payment").

  • Upon termination of employment by reason of death, retirement, or severance from service, or in the event of the Participant’s Total Disability, the Participant (or, in the case of death, such Participant’s Beneficiary) may receive his or her Accrued Balance in such Participant’s Account (calculated as of the Valuation Date next preceding the date of any distribution) if he or she elects.

  • Correction letter dated 6/20/2013 decreased Accrued Balance to $XXX and P&I to $XXX making the new PITI payment $XXX.

  • Borrower shall pay to Lender on the Maturity Date the Outstanding Principal Balance (including the Accrued Balance), all interest which has accrued through and including the Maturity Date, the Repayment Premium, if any, and all other amounts due hereunder and under the Note, the Pledge Agreement, the TL Participation Agreement and the other Loan Documents.

  • The foregoing provision shall be applicable for so long as any Accrued Balance is outstanding on the Note.


More Definitions of Accrued Balance

Accrued Balance means the outstanding principal balance of Note(s) plus accrued interest.
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Accrued Balance shall have the meaning set forth in Section 2.3.1(a) hereof.
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Accrued Balance means the amount of each Eligible Employee's Deferred Compensation that is credited to his or her Account, after adjustment under Article 6 for interest credits.
Sample 1

Related to Accrued Balance

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Scheduled Balance Not applicable.

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.

  • Payahead Balance means, for a Lease:

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Uncertificated Balance The amount of the REMIC Regular Interests outstanding as of any date of determination. As of the Closing Date, the Uncertificated Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial uncertificated balance. On each Distribution Date, the Uncertificated Balance of the REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 5.01 of this Agreement and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 5.04 of this Agreement and the Uncertificated Balance of REMIC II Regular Interest ZZ shall be increased by interest deferrals as provided in Section 5.01 of this Agreement. The Uncertificated Balance of each REMIC Regular Interest shall never be less than zero.

  • Accrual Balance means the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s obligation to the Executive under this Agreement, by applying Accounting Principles Board Opinion Number 12 as amended by Statement of Financial Accounting Standards Number 106 and the Discount Rate. Any one of a variety of amortization methods may be used to determine the Accrual Balance. However, once chosen, the method must be consistently applied.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • REMIC I Subordinated Balance Ratio The ratio among the Uncertificated Principal Balances of each of the REMIC I Regular Interests ending with the designation "A," equal to the ratio among, with respect to each such REMIC I Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Loan Group over (y) the Current Principal Amount of the Senior Certificates in the related Group.

  • REMIC II Subordinated Balance Ratio The ratio among the Uncertificated Balances of each REMIC II Regular Interest ending with the designation “SUB,”, equal to the ratio between, with respect to each such REMIC II Regular Interest, the excess of (x) the aggregate Stated Principal Balance of the Group I Mortgage Loans or Group II Mortgage Loans, as applicable over (y) the current Certificate Principal Balance of related Class A Certificates.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.