Debit Balances definition

Debit Balances means the outstanding balances attributable to a Person’s margin lending activities.
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Debit Balances means account balances representing money owed to Broker You agree to satisfy, promptly upon demand, any indebtedness, to pay any Debit Balance in your Account, and to satisfy all other outstanding obligations relating to your Account.
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Debit Balances means Account balances representing money owed to ICBCFS, whether in a margin account or a cash account. You agree to satisfy, promptly upon demand, any indebtedness, to pay any Debit Balance in your Account, and to satisfy all other outstanding obligations relating to your Account.
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Examples of Debit Balances in a sentence

  • In particular, the provisions of sections 4.2 (Compliance with Applicable Laws), 4.7 (Handling of Securities) and 4.13 (Credit and Debit Balances) apply to the operation of your Account as a margin account.

  • Before closing your Account, however, you first must repay any Debit Balances, pay Broker all charges that you owe to Broker and settle any other obligations, and Broker must receive all Securities and Other Property for which the Account is short and all funds to pay in full for all Securities and Other Property for which the Account is long.

  • In accordance with Rule 10b-16 of the SEC Act of 1934 the following disclosure is set forth: Interest Rates on Debit Balances: The interest rate charged by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc.

  • Without prejudice to Clause 17 (if applicable), you agree to pay interest on the Debit Balances in your Accounts, before and after any judgment, at such rate as SoFi HK may in its discretion reasonably determine and notify to you from time totime (whether in writing, verbally or through the Internet).

  • With the exception of credit balances in Your short account, all other credit and Debit Balances in all of Your accounts will be combined daily and interest will be charged on the resulting average daily net Debit Balances for the interest period.

  • Without prejudice to Clause 17 (if applicable), you agree to pay interest on the Debit Balances in your Accounts, before and after any judgment, at such rate as SoFi HK may in its discretion reasonably determine and notify to you from time to time (whether in writing, verbally or through the Internet).

  • The Client agrees to pay interest on all overdue Debit Balances (including interest arising after a judgment debt is obtained against the Client) charged at an annual rate of eight (8) per cent above the best lending rate (Prime Rate) on Hong Kong dollars quoted by bank from time to time or at such rate as be stipulated by USL’s sole discretion from time to time.

  • In the event that any other charge is made to the Account for any reason, interest may be charged on the resulting Debit Balances.

  • Interest charged on any Debit Balances in cash accounts or credit extended in margin accounts may be up to 3.00 percentage points above the Pershing Base Lending Rate.

  • The Client agrees to pay interest on all overdue Debit Balances (including interest arising after a judgment debt is obtained against the Client) charged at an annual rate of eight (8) per cent above the best lending rate (Prime Rate) on Hong Kong dollars quoted by bank from time to time or at such rate as be stipulated by GTJAS’s sole discretion from time to time.


More Definitions of Debit Balances

Debit Balances represent amounts relating to services performed by the Business for which the Company does not have the right to bill the customer until the next milestone is met or a contract mod▇▇▇▇ation is approved.
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Related to Debit Balances

  • 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).

  • 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.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.