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 and credits 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 nonvested portion of the Adjusted Balance of his Accounts shall be retained in his Accounts until a period has elapsed sufficient to determine whether he will be reemployed or will incur five consecutive one-year Breaks in Service.

• Upon the retirement of a Participant at or after his Normal Retirement Date the Committee shall notify the Trustee in writing of the Participant's retirement and shall direct the Trustee to make payment of the Adjusted Balance of the Participant's Accounts as of the Valuation Date coinciding with or immediately preceding the distribution commencement date pursuant to Section 8.6, in a method provided in the Plan.

• Except as set forth in -------------------------- Schedule 5.19 or reflected on the Adjusted Balance Sheet and except for Excluded ------------- Liabilities, as of the Financial Statements Date, none of the Companies was subject to any liability or obligation, whether known or unknown, absolute, contingent, accrued or otherwise, that would be required to be included on a balance sheet prepared in accordance with GAAP which in the aggregate would have a Material Adverse Effect.

More Definitions of Adjusted Balance

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

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, as of any date of determination, the excess of (a) the Aggregate Receivable Balance of all Available Eligible Receivables over (b) any Excess Concentration Amount.