Ending Balance definition
Examples of Ending Balance in a sentence
The Ending Balance does not include late payment fees but includes voluntary payment protection costs, returned payment fees and the cost of collection and attorneys due to your default.
This Ending Balance shall include all deferrals and interest as of the last day of the preceding month, and any deferrals made in the current month.
Ending Balance.....................................................................
Installments will then be paid on the fifteenth day of each succeeding calendar quarter until the Ending Balance and all accrued interest, which includes interest earned during the installment period, has been paid.
In the event that the Executive becomes disabled, his/her employment shall for these purposes be deemed to terminate on the first day of the month in which he/she begins to receive long term disability payments provided by the Company's insurance carrier (thus, the Ending Balance shall be computed as of the preceding month).
Member: Ending Balance Total number of outstanding appeals at the end of the last day of the reporting period.
In addition to the above, the Minimum Payment will also include the greater of any amount past due or any amount by which the Ending Balance exceeds the approved credit limit for the Account, plus any late payment charges assessed on your Account (“Past Due/Overlimit Portion”).
The payment of the Ending Balance in full will not reduce your Minimum Payment for the next billing cycle if there are new transactions on the Account.
Your Ending Balance will be calculated as your New Balance plus interest plus all fees and costs then charged to your account, but excluding any late payment fees charges.
The amount of each installment shall be equal to one-twentieth (cannot be less than one-twentieth) of the Ending Balance plus accrued interest compounded monthly for the preceding calendar quarter.