Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).

Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.

Debit Balance means the total amount overdrawn on the Current Account arising from use of any OD Protection or any unauthorised overdraft as at the Cut-off Time of each Business Day;

Examples of Debit Balance in a sentence

The Client agrees to pay for the reasonable costs and expenses of collection of the Debit Balance in the Client’s Account, including, but not limited to, attorney’s fees, court costs and any other costs incurred or paid by uSMART SG.
Any termination is conditioned on the satisfaction of the Debit Balance, executed and yet unpaid purchases, and the settlement of the subscription, allocation and acquisition of the shares of a new listing and issue and shall not affect any Transaction already entered into, or prejudice or affect any right, power, duty and obligation of either party accrued, prior to such termination.
Subject to payment of the Debit Balance, the Client may withdraw funds up to his credit balance from the Client’s Account upon written notice to uSMART SG with applicable fees uSMART SG may charge.

More Definitions of Debit Balance

Debit Balance means any amount owed by General Agent, directly or through liability for any Producer, to a Company or to an ING Affiliate Company, as defined below, that is not paid when due, including but not limited to, a debt resulting from a refund of premium, payment of compensation, chargeback, loan, advance, annualization, settlement or indemnification obligation.

Debit Balance shall have the meaning given such term in Section 3.2(c).

Debit Balance means the Account balance representing money owed Pershing.

Debit Balance means the amount of monies in Your Account that You owe Us;

Debit Balance means any amount owed by Producer to a Company or to a Voya Affiliate Company, as defined below, that is not paid when due, including but not limited to, a debt resulting from a refund of premium, payment of compensation, chargeback, loan, advance, annualization, settlement or indemnification obligation.