Balance Owed definition

Balance Owed is the running balance after subtracting commissions and earned commissions actually earned but unpaid, which are due and payable by CSF to Affiliate, from any money and value owed (whether yet due or otherwise) by Affiliate to CSF, including without limitation license fees; commissions, and expenses that Affiliate is required to refund to CSF because of Client rights of withdrawal, non-renewals, cancellations or terminations, lapses or other reasons; advance commissions; Balances Owed of Affiliate’s Downstream Affiliate(s); expenses and fees incurred by CSF in attempting to register prospective Downstream Affiliates of Affiliate; CSF claims for indemnification against Affiliate; and other claims by CSF against Affiliate; other expenses; and any and all money and value which may be paid, advanced, or credited by or on behalf of CSF, to, or for the benefit of, Affiliate.
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Balance Owed means the outstanding principal balance under the Note immediately following a payment of principal on the Release Date;
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Balance Owed means the difference between the amount paid by the Buying Carrier on the Invoices Due Date and the aggregate of the Daily Settlement Amounts advanced by the Factor to the Selling Carrier during the Billing Cycle to which the Invoices to the Buying Carrier pertain;
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Examples of Balance Owed in a sentence

  • The Billing Cycle Settlement Statement shall display the Balance Owed by the Factor to the Selling Carrier.

Related to Balance Owed

  • Realized Losses means, with respect to any Receivable that becomes a Liquidated Receivable, the excess of the Principal Balance of such Liquidated Receivable over Net Liquidation Proceeds to the extent allocable to principal.

  • Balance means the total financial result of all completed transactions and deposit/withdrawal operations on the trading account.

  • Realized Loss With respect to each Liquidated Mortgage Loan, an amount as of the date of such liquidation, equal to (i) the unpaid principal balance of the Liquidated Mortgage Loan as of the date of such liquidation, plus (ii) interest at the Net Mortgage Interest Rate from the Due Date as to which interest was last paid or advanced (and not reimbursed) to Certificateholders up to the Due Date in the month in which Liquidation Proceeds are required to be distributed on the Stated Principal Balance of such Liquidated Mortgage Loan from time to time, minus (iii) the Liquidation Proceeds, if any, received during the month in which such liquidation occurred, to the extent applied as recoveries of interest at the Net Mortgage Interest Rate and to principal of the Liquidated Mortgage Loan. With respect to each Mortgage Loan that has become the subject of a Deficient Valuation, if the principal amount due under the related Mortgage Note has been reduced, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation. With respect to each Mortgage Loan that has become the subject of a Debt Service Reduction and any Distribution Date, the amount, if any, by which the principal portion of the related Monthly Payment has been reduced.