Excess Sum definition

Excess Sum means the sum or sums drawn from the Facility in excess of the Credit Limit.
Sample 1Sample 2Sample 3
Excess Sum means in relation to the Business Overdraft Facility, all sums in excess of the Business Credit Approved Limit.
Sample 1Sample 2
Excess Sum means the amount by which the Sale Price exceeds the Base Price.
Sample 1

Examples of Excess Sum in a sentence

  • Policy section and benefit descriptionPlan A Nil Excess Sum insuredPlan B Nil Excess Sum insuredPlan C$300Excess Sum insuredPlan D$300Excess Sum insured1 Rental Vehicle Excess Reduction $4,000 $6,000 $4,000 $6,000*2 Luggage and personal effects $1,500 $1,500 $1,500 $1,500* sub-limits apply - refer to the “Your Policy Cover” section of this PDS for details (pages 14 to 16).

  • Save for the Potential Excess Sum, there will be no cash received by the Group as the proceeds from the Transfer of Properties, being the Transfer Sum, will be used to settle the Outstanding Contract Sum under the terms of the Supplemental Agreement.

  • Underwriting and accounts verification helps to get the information about Name of insured, Period of insurance, Type of coverage, vehicles Plate number, Chassis Number, Engine Number, and Year of make, Excess, Sum insured, Outstanding premium, Bank or other interest (if any), and Previous claims records if there exist any.Claim related to motor insurance needs further survey and investigation.

  • In such event, the withholding of credit to principal or the withholding of payment to Acacia of any proposed Excess Sum during the period of judicial determination (including all appeals), shall not be deemed a breach of the obligations of Pertile hereunder or of applicable law.

  • In the event GAMI sells Amerace within nine (9) months of the date of this Agreement, GAMI agrees to pay to Purchasers, pro rata in accordance with their respective holdings of GAMI Shares subject to this Agreement, an amount equal to 17.866% of the Excess Sum, payable in cash.

  • Policy section and benefit descriptionInternational PlanNil Excess Sum insured1.1 Rental Vehicle Insurance Excess $4,000*2.1 Luggage and Personal Effects $1,500* sub-limits apply - refer to the “Your policy cover” section of this Policy Wording for details (pages 13 to 16).

  • For the avoidance of doubt, the Excess Sum cannot be quantified at this point in time.

  • There is no parkland requirement for Metzgerway Subdivision, as this is a minor subdivision.

  • No payment of Excess Sum will crystalised in respect of the financial performance of SysvPro in FY 2018.

  • Underwriting and accounts verification helps to get the information about Name of insured, Period of insurance, Type of coverage, vehicles Plate number, Chassis Number, Engine Number, and Year of make, Excess, Sum insured, Outstanding premium, Bank or other interest (if any), and Previous claims records if there exist any.All the information gathered during claim processing is recorded in the register book.


More Definitions of Excess Sum

Excess Sum means the sum or sums drawn from the Facility in excess of (i) the Credit Limit, if there is no effective Temporary Limit or (ii) the effective Temporary Limit.
Sample 1

Related to Excess Sum

  • Excess Amount shall have the meaning assigned to such term in Section 2.10(h).

  • Excess Amounts means Available Monies after distributions made in accordance with Section 7.05.

  • Excess Collections shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.

  • Excess Fraud Loss Any Fraud Loss, or portion thereof, which exceeds the then applicable Fraud Loss Amount.

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.

  • Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Principal Remittance Amount With respect to any Distribution Date, the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.

  • Default Excess means, with respect to any Defaulting Lender, the excess, if any, of such Defaulting Lender’s Pro Rata Share of the aggregate outstanding principal amount of Loans of all Lenders (calculated as if all Defaulting Lenders (other than such Defaulting Lender) had funded all of their respective Defaulted Loans) over the aggregate outstanding principal amount of all Loans of such Defaulting Lender.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Excess Cash all cash and Cash Equivalents of the Borrower and its Subsidiaries at such time determined on a consolidated basis in accordance with GAAP in excess of $25,000,000.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Excess Interest As to any Distribution Date, the sum of (A) the Interest Remittance Amount remaining after the application of payments pursuant to clauses A. through D. of Section 4.02(b)(i) plus (B) the Principal Payment Amount remaining after the application of payments pursuant to clauses A. through E. of Section 4.02(b)(ii) or (iii).

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • REMIC I Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and the denominator of which is the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and REMIC I Regular Interest LTZZ.

  • Monthly Total Principal Allocation means for any Related Month the sum of all Series 2015-3 Principal Allocations with respect to such Related Month.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Allocable Excess Proceeds will mean the product of:

  • Excess Liquidation Proceeds To the extent that such amount is not required by law to be paid to the related Mortgagor, the amount, if any, by which Liquidation Proceeds with respect to a Liquidated Mortgage Loan exceed the sum of (i) the Outstanding Principal Balance of such Mortgage Loan and accrued but unpaid interest at the related Mortgage Interest Rate through the last day of the month in which the related Liquidation Date occurs, plus (ii) related Liquidation Expenses.