Holding Balance definition

Holding Balance means the number of Financial Products in a Holding.
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Holding Balance means at any time the amount estimated by the Bank as the amount of any and all Card Transactions performed on the card but that has not been debited from the account.
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Examples of Holding Balance in a sentence

  • Holding Balance Funds held by Finductive for the benefit and on behalf of and for the convenience of the Account Holder, pending receipt from the Account Holder or an Account Operator of a Payment Order, including Beneficiary/Payee designation.

  • It is a great challenge to sepa- rate the individual SCRs and decompose the SC-data into its phasic and tonic components.

  • Funds that are paid into a Holding Balance may only remain there for ninety (90) days, after which time you need to elect to make payment to yourself or a beneficiary by a Wire Transfer or Draft.

  • Once Settlement has been received by Argentex with respect to an Option Contract, Argentex will deliver Contract Funds in accordance with the Client’s Instruction or, if no such Instruction is provided the Client irrevocably grants Argentex the authority and directs Argentex to pay the Contract Funds into a Holding Balance.

  • Upon receipt of cleared funds from you or your customer we will pay your nominated beneficiary or you the currency that you have agreed to purchase.WUBS can settle the physical delivery of your FEC by initiating a Wire Transfer, providing you (or your nominated beneficiary) with a Draft/Cheque (Drafts) or by making payment into a Holding Balance (if this facility is available to you).

  • If the Agreement is terminated for any reason, Argentex may convert funds that are held in the Client’s Holding Balance and owed to the Client after the application of any set-off, into the Client’s home currency at the then-prevailing exchange rate(s) and return such funds to the Client.

  • Legislation or regulation may set out obligations and processes where Holding Balance may be considered abandoned.

  • If Argentex has remitted the Holding Balance in accordance with applicable law or regulation, Argentex has no further liability to the Client and the Client must apply to the appropriate governing agency to reclaim the Holding Balance.

  • Argentex will be bound by any applicable law or regulation governing the treatment of abandoned Holding Balance.

  • For avoidance of doubt, such assignment applies only to the interest earned on the funds and there is no assignment to Convera of any principal amount of Client’s funds held as a Holding Balance for Client by Convera.

Related to Holding Balance

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

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

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • 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).

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Premium Percentage As defined in the Insurance Agreement.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.

  • Required Balance has the meaning set forth in the Reinsurance Agreement.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Interest Coverage Amount The amount to be paid by the Depositor to the Trustee for deposit into the Interest Coverage Account on the Closing Date pursuant to Section 4.08, which amount is $____________.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Balance means the total financial result in the Client Account after the last Completed Transaction and depositing/withdrawal operation at any period of time.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Required Amount means, with respect to any Monthly Period, the sum of the Class A Required Amount, the Class B Required Amount and the Collateral Senior Required Amount.