Adjusted Balance definition

Adjusted Balance. For any Loan as of any date of determination, an amount equal to the product of (a) the OLB of such Loan as of such date of determination and (b) the Advance Rate for such Loan as of such date of determination; provided that, the “Adjusted Balance” of any Loan that is not an Eligible Loan shall be zero.

Adjusted Balance means the balance in a Participant's account or accounts, as adjusted in accordance with Sections 7.8 and 7.9 of the Plan as of the applicable Valuation Date.

Adjusted Balance is the “Previous Balance” reduced by all payments shown on the monthly statement and received during the monthly billing cycle. The ANNUAL PERCENTRAGE RATE of the FINANCE CHARGE is 18%.

Examples of Adjusted Balance in a sentence

• Since the date of the Adjusted Balance Sheet which forms a part of Seller's Adjusted Financial Statements, Seller has operated only in the ordinary course, consistent with past practice, and there has not been any material adverse change, or any event, fact or circumstance which might reasonably be expected to result in a material adverse change, in the assets, liabilities, operating performance, business relationships, or prospects of the Business.

• To the Knowledge of Parent, there are no facts or circumstances generally which would result in a material increase in the uncollectability of accounts receivable of the Companies in excess of the reserves set forth on the Adjusted Balance Sheet.

• The Adjusted Balance is the balance owed at the end of the previous billing cycle less any payments and credits received during the present billing cycle.

• The Closing Balance Sheet shall be prepared in a manner consistent with the preparation of the Adjusted Balance Sheet.

• Except for the reserve for doubtful accounts reflected on the Adjusted Balance Sheet, all accounts receivable of Seller reflected on the Adjusted Balance Sheet, and as incurred in the normal course of business since the date thereof, represent arm's length sales actually made in the ordinary course of business are collectible in the ordinary course of business.

More Definitions of Adjusted Balance

Adjusted Balance. As of any date of determination, the outstanding asset balance calculated as follows:

Adjusted Balance means for each Member, the balance in such Member’s Capital Account increased by such Member’s share of Company Minimum Gain and minimum gain attributable to member nonrecourse debt. Each Member’s share of such items shall be determined pursuant to Treasury Regulations Section 1.704-2. For purposes of computing the Adjusted Balances pertaining to Section 6.3, each dollar of income, gain or loss shall be treated as containing a proportionate share of each item of nonrecourse deductions of the Company (as defined and determined under Treasury Regulations Section 1.704-2) for such year, and in allocating each dollar of income, gain or loss, any items of nonrecourse deduction allocated with respect to such dollar of income, gain or loss shall be added to the Adjusted Balances of the Members to whom such allocations are made prior to determining the next dollar of income, gain or loss to be allocated.

Adjusted Balance means, for any Eligible Loan on any date of determination, an amount equal to the Assigned Value of such Eligible Loan on such date multiplied by the Outstanding Balance thereof at such time.

Adjusted Balance means, for any Collateral Obligation at any time, the product of:

Adjusted Balance means, with respect to any Collateral Obligation and as of any date of determination, the product of (1) the Collateral Obligation Notional Amount; (2) the Asset Current Price and (3) the Current FX Rate, in each case of such Collateral Obligation as of such date, provided that (x) the Adjusted Balance of any Collateral Obligation that does not satisfy the Collateral Obligation Criteria at such time (or did not satisfy any such criteria at the time of the Acquisition of the Collateral Obligation, in the case of those evaluated as of the time of Acquisition, as set forth in the definition of Collateral Obligation Criteria) shall be zero from and after such date on which the Administrative Agent has given written notice to the Borrower of such failure to satisfy the Collateral Obligation Criteria and for so long as such failure occurs (but the Adjusted Balance of any such Collateral Obligation shall be restored to its prior Adjusted Balance if such failure is fully cured); and (y) the Adjusted Balance of each Collateral Obligation for which the Unapproved Originated Collateral Obligation Condition applies shall be equal to the current value thereof (including zero) as determined by the Administrative Agent in its sole discretion.

Adjusted Balance means for each Partner, the balance in such Partner’s Capital Account increased by such Partner’s share of Partnership Minimum Gain and minimum gain attributable to partner nonrecourse debt. Each Partner’s share of such items shall be determined pursuant to Treasury Regulations Section 1.704-2. For purposes of computing the Adjusted Balances under Section 5.2, each dollar of income, gain or loss shall be treated as containing a proportionate share of each item of nonrecourse deductions of the Partnership (as defined and determined under Treasury Regulations Section 1.704-2) for such year, and in allocating each dollar of income, gain or loss, any items of nonrecourse deduction allocated with respect to such dollar income, gain or loss shall be added to the Adjusted Balances of the Partners to whom such allocations are made prior to determining the next dollar of income, gain or loss to be allocated.

Adjusted Balance. ’ means, in respect of any Substitute Mortgage, the original principal amount advanced to the Borrower thereunder plus any further advance made thereon less any prepayment, repayment or payment of or in respect of any of principal prior to the date on which such Substitute Mortgage is transferred to the Issuer.