Maximum Scheduled Balance definition

Maximum Scheduled Balance means the maximum amount of scheduled principal which may be outstanding on the Credit Facility from time to time in the amount of the Aggregate Commitment as of the Closing Date, as reduced from time to time by the Scheduled Reductions as set forth on the Aggregate Commitment Reduction Schedule.
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Maximum Scheduled Balance means the maximum amount of scheduled principal which may be outstanding on the Credit Facility from time to time in the amount of Twenty Million Nine Hundred Forty-Four Thousand Four Hundred Forty-Six Dollars ($20,944,446.00) as of the Third Amendment Effective Date, as reduced from time to time by the Scheduled Reductions as set forth on the Aggregate Commitment Reduction Schedule.
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Maximum Scheduled Balance means the maximum amount of scheduled principal which may be outstanding on the Credit Facility from time to time in the amount of Ten Million Dollars ($10,000,000.00) as of the Eighth Amendment Effective Date.
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Examples of Maximum Scheduled Balance in a sentence

  • In no event shall the Maximum Permitted Balance exceed the Maximum Scheduled Balance as of Reduction Dates set forth on the Aggregate Commitment Reduction Schedule.

  • As of April 1, 2000, the Maximum Scheduled Balance was reduced to Twenty-Eight Million Five Hundred Thousand Dollars ($28,500,000.00).

  • GROUP 1 GROUP 2 COMBINED No of Loans 582 577 1159 Total Scheduled Balance 269,613,755.56 208,071,774.84 477,685,530.40 Avg Scheduled Balance 463,253.88 360,609.66 412,153.18 Minimum Scheduled Balance 42,929.90 44,901.66 42,929.90 Maximum Scheduled Balance 1,442,847.39 1,136,000.00 1,442,847.39 WAC 6.086 6.625 6.321 WA/Net/Rate 5.702 6.226 5.93 WA/Gross/Margin 2.74 2.609 2.683 WAM 356 357 357 WA.

  • If a school district desires to create such procedures, legal counsel should be consulted.] A.

  • GROUP 1 GROUP 2 GROUP 3 TOTAL No of Loans 330 377 111 818 Total Scheduled Balance 149,453,959 170,441,705 58,490,980 378,386,645 Avg Scheduled Balance 452,891 452,100 526,946 462,575 Maximum Scheduled Balance 1,465,000 1,300,000 1,615,402 1,615,402 WAC 5.743 6.178 6.343 6.032 WA/Net/Rate 5.434 5.801 6.088 5.701 WA/Gross/Margin 2.314 2.346 2.215 2.313 WAM 355 358 349 355 WA.

  • The Maximum Scheduled Balance shall be revised so as to make available to the Borrower an additional Ten Million Dollars ($10,000,000.00) to the Maximum Scheduled Balance during the period commencing on the First Amendment Effective Date and ending on August 1, 2000.

  • As of the date hereof, the Maximum Scheduled Balance has been reduced to Twenty Million Two Hundred Twenty-Two Thousand Two Hundred Twenty-Four Dollars ($20,222,224.00).

  • In the event the Maximum Permitted Balance is less than the Maximum Scheduled Balance as of any Reduction Date, to the extent the difference is a result of the Availability Limit determined under Section 2.01(d), the Scheduled Reduction shall only reduce the Maximum Scheduled Balance.


More Definitions of Maximum Scheduled Balance

Maximum Scheduled Balance. Aggregate Commitment Reduction Schedule" and "Maturity Date" shall be and are hereby modified as set forth in the definitions of Aggregate Commitment, Maximum Scheduled Balance, Aggregate Commitment Reduction Schedule and Maturity Date contained in the First Amendment.
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Maximum Scheduled Balance means the maximum amount of scheduled principal which may be outstanding on the Credit Facility from time to time: (i) in the amount of Thirteen Million Dollars ($13,000,000.00) as of the Closing Date, as reduced from time to time by the Scheduled Reductions as set forth on the Aggregate Commitment Reduction Schedule, or (ii) in the event of the occurrence of the Commitment Increase Effective Date, in the amount of Fifteen Million Dollars ($15,000,000.00), as reduced from time to time by the Scheduled Reductions as set forth on the Aggregate Commitment Reduction Schedule - Alternate One.
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Maximum Scheduled Balance means the amount of the Total Commitment, as reduced on each Reduction Date by the Scheduled Reductions.
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Maximum Scheduled Balance shall have the meaning as defined in Section 1.01 of the Credit Agreement. Note shall mean this Revolving Credit Note.
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Related to Maximum Scheduled Balance

  • Scheduled Balance Not applicable.

  • Scheduled Balances Not applicable.

  • Planned Balance Not applicable.

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

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

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Targeted Balances Not applicable.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Assumed Balance With respect to any Distribution Date, Class of Subordinated Certificates and Loan Group, each such Class' pro rata interest (based on their respective Class Certificate Balances) in such Loan Group equal to the product of the Subordinated Percentage for such Loan Group as of such Distribution Date and the aggregate Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such prior Due Date).

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

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

  • 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.

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

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

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

  • Principal Balance Schedules Not applicable.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Payahead Balance on a Precomputed Receivable means the sum, as of the close of business on the last day of a Collection Period, of all Payaheads made by or on behalf of the Obligor with respect to such Precomputed Receivable, as reduced by applications of previous Payaheads with respect to such Precomputed Receivable, pursuant to Sections 8.02(b) and 9.09.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in August 2022.

  • Unscheduled Rebalance means an unscheduled rebalance occurring on a Valuation Date on which the rebalancing mechanism built in the relevant Index or Investment Strategy in respect of a Series of ETP Securities has been triggered by a change in the price of the corresponding Reference Asset of such Index or Investment Strategy by more than the relevant trigger level for the Index or Investment Strategy in accordance with its methodology.

  • Accrual Balance means the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s obligation to the Executive under this Agreement, by applying Accounting Principles Board Opinion Number 12 as amended by Statement of Financial Accounting Standards Number 106 and the Discount Rate. Any one of a variety of amortization methods may be used to determine the Accrual Balance. However, once chosen, the method must be consistently applied.