Arrears Balance definition
Arrears Balance means, in relation to a Mortgage Loan, as at any given date, the aggregate amount of any of the sums which are due and payable but have not been paid by the relevant Borrower in accordance with the terms of the Mortgage Loan as at that given date including any:
Examples of Arrears Balance in a sentence
Further data files containing additional information on the Sample were made available to us on 11 November entitled “bb_output_acc_1609 (2).xlsx”, “KPMG Sample – Arrears Balance and Current Margin1609.xlsx”, “KPMG Sample – Credit Risk data.xlsx” and “KPMG Sample – Activated Choices Balances.xlsx”.