Accumulation Balance definition

Accumulation Balance means on a Payment Date during the Revolving Period the Accumulation Balance brought forward at the beginning of the Monthly Period plus the Accumulation Amount for the relevant Payment Date.
Accumulation Balance means on a Payment Date during the Revolving Period the Accumulation Balance brought forward at the beginning of the relevant Monthly Period plus the Accumulation Amount for the relevant Payment Date.

Examples of Accumulation Balance in a sentence

  • Upon the occurrence of an Early Amortisation Event or the end of the Revolving Period, the Accumulation Account shall be closed on the subsequent Payment Date and any Accumulation Balance on deposit in the Accumulation Account shall be transferred on the subsequent Payment Date to the Operating Account.

  • Appendix V:Early Amortisation EventEarly Amortisation Event shall mean any of the following:(a) the occurrence of a Servicer Replacement Event;(b) the Accumulation Balance on two consecutive Payment Dates exceeds in aggregate fifteen (15) per cent.

  • The Trustee may pay the Accumulation Balance in such instalments and on such other conditions as it determines.

  • Ltd.Committee position held in other companiesNilNo. of shares held in the Company1,01,580Inter-se relationship between DirectorsWife of Mr. Gautam Premnath Khandelwal EXPLANATORY STATEMENT (PURSUANT TO SECTION 102(1) OF THE COMPANIES ACT, 2013) Item No. 4 This Statement is provided though strictly not required as per Section 102 of the Act.

  • A Member is entitled to the Accumulation Balance on Total and Permanent Disablement (which includes the proceeds of any Life Product payable in respect of the Member).

  • If the worst year in five were to be mapped the odour impact contours would extend further outwards and cover more of the appeal site and surrounding area.

  • Accumulation Balance means, on any day, the balance of all Accounts maintained for a Beneficiary under the Fund, or where relevant a Plan and includes the proceeds of any Life Product payable in respect of that Beneficiary.

  • On the death of a Member, a death benefit equal to the Accumulation Balance.

  • All applicants will be notified by March 15 by email of the status of their Application (approved, to be credentialed, not approved).

  • A Member is entitled to the Member's Accumulation Balance on ceasing employment with the Employer on or after the Normal Retirement Age.

Related to Accumulation Balance

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.