Credit Balance definition

Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.
Credit Balance in relation to the Card Account means the balance in favour of the Cardmember on the Card Account.
Credit Balance means any and all sums from time to time standing to the credit of any Account or the total thereof.

Examples of Credit Balance in a sentence

  • The Service Charge payable by the Recipient on the Withdrawn Credit Balance shall be equal to three-fourths of one percent (3/4 of 1%) per annum.

  • The Service Charge is three-fourths of one percent (3/4 of 1%) per annum on the Withdrawn Credit Balance.

  • The Interest Charge is one and a quarter percent (1.25%) per annum on the Withdrawn Credit Balance.

  • The Service Charge is the greater of: (a) the sum of three-fourths of one percent (3/4 of 1%) per annum plus the Basis Adjustment to the Service Charge; and (b) three-fourths of one percent (3/4 of 1%) per annum; on the Withdrawn Credit Balance.

  • The Maximum Commitment Charge Rate payable by the Recipient on the Unwithdrawn Credit Balance shall be one-half of one percent (1/2 of 1%) per annum.


More Definitions of Credit Balance

Credit Balance means the amount of E-Money from time to time standing to the credit of your Account.
Credit Balance means the amount of monies in Your Account that We owe You; ‘Credit Interest’ means interest You receive on a Credit Balance in Your Account; ‘Currency Account’ means an Account denominated in a currency other than GBP;
Credit Balance means the aggregate unpaid amount of ADVANCES under Article II and L/C BALANCE outstanding from time to time.
Credit Balance has the meaning set forth in Section 6.4(c).
Credit Balance means the amount of E-Money from time to time standing to the credit of your Account; 1
Credit Balance means an item of intangible property resulting from or attributable to the sale of
Credit Balance means the amount of E-Money available in the Customer’s PosoMoney Account;