Bank Balance definition

Bank Balance means money held by the State Treasurer in a bank or savings institution.

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Bank Balance means, with respect to each Participant, a bookkeeping record of the net balance of the amounts credited to and debited against such Participant's Bonus Bank. A Participant's Bank Balance shall initially be equal to zero.

Bank Balance means, with respect to each Executive Officer, a bookkeeping record of the net balance of the amounts credited to and debited against such Executive Officer's Bonus Bank. The Bank Balance shall initially be equal to zero.

Examples of Bank Balance in a sentence

• The Target Bank Balance will serve as working capital for Hotel operations and any interest earned on the Target Bank Balance shall belong to the Hotel.

• Owner acknowledges that the Target Bank Balance will be administered by Manager on a consolidated basis across the portfolio of hotels owned by Owner and listed on Exhibit “D” attached hereto.

• It is acknowledged by Manager and Owner that the Target Bank Balance will fluctuate during each Fiscal Month and that Manager shall have no obligation to fund any deficiency in the Target Bank Balance.

• You agree not to use a State Farm Bank Balance Transfer, Convenience Check, or the proceeds of a Cash Advance to make any payment on your Account.

• Notwithstanding the provisions of this Section 7.03(a) and Section 9.02 to the contrary, Owner and Manager agree that the obligation of Owner to fund deficits in the Target Bank Balance and the obligation of Manager to disburse excess funds above the Target Bank Balance shall be determined on a consolidated basis for all such hotels.

More Definitions of Bank Balance

Bank Balance means, with respect to a Participant, a bookkeeping record of the net balance of the amounts credited to and debited against such Participant's Bonus Bank following the end of each fiscal year. For a Participant's first year of participation in the Plan, such Participant's Bank Balance shall initially be equal to zero.

Bank Balance means, with respect to each Senior Executive, a bookkeeping record of the net balance of the amounts credited to and debited against such Senior Executive’s Bonus Bank. The Bank Balance shall initially be equal to zero.

Bank Balance means, with respect to each Executive Officer, a bookkeeping record of the net balance of the amounts credited to and debited against such Executive Officer’s Bonus Bank. The Bank Balance shall initially be equal to zero and can never be less than zero.

Bank Balance means, with respect to each Participant, a bookkeeping

Bank Balance shall have the meaning set forth in Section 1.2(d).

Bank Balance means, with respect to each Participant, a bookkeeping record of the net balance of the amounts earned and paid out of such Participant’s Bonus Bank under the Prior Plan (and subject to the transition rules of this Plan).

Bank Balance means the total of undistributed Cash Awards held in the Performance Sharing Bank.