Cleared Balance definition

Cleared Balance means the amount of cleared funds upon which you may draw.
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Cleared Balance means the Account balances that are cleared and available for use by the Client or Participant Clients in their Participant Accounts. Client shall mean the Client as named at the beginning of this agreement including its Personnel, successors, assigns and, in relation to its rights to use the Service, any other authorised person acting within his or her authority. For the purpose of this Agreement, any clauses, terms or conditions that apply to the Client shall be understood to apply to any Participant Client.
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Cleared Balance means the actual balance that the transfer will take place on and will be based on the cleared balance of the account. Instruction(s): mean the request to transfer funds between the originating and receiving accounts for the funding and/or creaming facility. Lloyds Banking Group: includes Bank of Scotland plc and a number of other companies using brands including Lloyds Bank, Halifax and Bank of Scotland, and their associated companies. Micro-enterprise: means any enterprise, or group of enterprises of which it forms part, which at the time you enter into this Agreement, employs fewer than 10 persons and whose annual turnover and/or balance sheet total does not exceed EUR 2million (or its equivalent).
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Examples of Cleared Balance in a sentence

  • A Clearing Member making a sell order of Securities on the Buy-In Board of the CSE shall ensure that the required number of Securities are held in the Cleared Balance of the seller’s Client Account at the time such sell order is placed.

  • Only the clients who have the required number of securities in the Cleared Balance of their CDS accounts shall be permitted to place sell orders in the Buy-in Board.

  • You should make sure that the available Cleared Balance of the Account at the end of each Banking Day is sufficient to meet all of the next day’s debit transactions, or if an overdraft facility has been agreed on the Account, that the debit transactions do not cause the cleared balance to exceed the authorised overdraft limit.

  • FPD is also responsible for development and management, and maintains an updated OCS database.

  • This model identifies selection pressures that existed long before the divergence of primates and evaluates behavioral strategies that benefit populations rather than individuals.

  • This indicated that the Ending Balance and Cleared Balance are the same and QuickBooks reconciles to the bank statement.

  • Provided however, the Clearing House shall clear or settle Market Contracts for sale of Securities of the Stockbroker/Stock Dealer Clearing Member subject to such Market Contracts being carried out with a Cleared Balance on its client/s account/s and its own account.

  • If the Cleared Balance or the overdraft limit is insufficient, some or all of the debit transactions may not be paid.

  • The ongoing ICIS investment in the automated data loading service is facilitating the success of the ICIS Cadastre and AddressBC projects.

  • If the Company is to advance or develop its mineral properties further, it will be necessary to obtain additional financing and while it has been successful in the past, there can be no assurance that it will be able to do so in the future.


More Definitions of Cleared Balance

Cleared Balance has the meaning given to it in ClauseC4 (Cleared Balance) below: "Schedule of Charges" means the Global Bank of Commerce, Ltd. Schedule of Charges as amended from time to time, a copy of which we have supplied to you with these Terms and Conditions, and of which you may request further copies at any time;
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Cleared Balance means the actual balance that the transfer will take place on and will be based on the cleared balance of the account; Instruction(s): mean the request to transfer funds between the originating and receiving accounts for the funding and/or creaming facility; Micro-enterprise: means any enterprise, or group of enterprises of which it forms part, which at the time you enter into this Agreement, employs fewer than 10 persons and whose annual turnover and/or balance sheet total does not exceed EUR 2 million (or its equivalent);
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Cleared Balance means the actual balance that the transfer will take place on and will be based on the cleared balance of the account which includes available authorised overdraft balance;
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Cleared Balance has the meaning given to it in Clause C4 (Cleared Balance) below:
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Cleared Balance means funds that we will allow you to withdraw against (subject to any restrictions on withdrawals) and includes any Arranged Overdraft limit on your account, but may also include late returned cheques.
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Related to Cleared Balance

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Payahead Balance means, for a Lease:

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Scheduled Balance Not applicable.

  • Unobligated balance means the portion of the funds authorized by the Federal awarding agency that has not been obligated by the recipient and is determined by deducting the cumu- lative obligations from the cumulative funds authorized.

  • Uncertificated Balance The amount of the REMIC Regular Interests outstanding as of any date of determination. As of the Closing Date, the Uncertificated Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial uncertificated balance. On each Distribution Date, the Uncertificated Balance of the REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 5.01 of this Agreement and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 5.04 of this Agreement and the Uncertificated Balance of REMIC II Regular Interest ZZ shall be increased by interest deferrals as provided in Section 5.01 of this Agreement. The Uncertificated Balance of each REMIC Regular Interest shall never be less than zero.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Liquidity Account Initial Date means, with respect to any Series, the date designated as the Liquidity Account Initial Date in the Appendix for such Series.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • REMIC I Subordinated Balance Ratio The ratio among the Uncertificated Principal Balances of each of the REMIC I Regular Interests ending with the designation "A," equal to the ratio among, with respect to each such REMIC I Regular Interest, the excess of (x) the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Loan Group over (y) the Current Principal Amount of the Senior Certificates in the related Group.

  • REMIC II Subordinated Balance Ratio The ratio among the Uncertificated Balances of each REMIC II Regular Interest ending with the designation “SUB,”, equal to the ratio between, with respect to each such REMIC II Regular Interest, the excess of (x) the aggregate Stated Principal Balance of the Group I Mortgage Loans or Group II Mortgage Loans, as applicable over (y) the current Certificate Principal Balance of related Class A Certificates.

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.