Monthly Balance definition

Monthly Balance means the amount, calculated as of the first day of each month, equal to the sum of:
Sample 1Sample 2Sample 3
Monthly Balance means the total amount you must pay each month in order to maintain or regain a Grace Period. We also refer to this amount using the name of each specific month. For example, your Monthly Balance for January may also be referred to as your January Balance. The Monthly Balance includes any amounts subject to financing plans (such as Apple Card Monthly Installments) that must be paid each month to maintain or regain a Grace Period. If you do not have a financing plan, your Monthly Balance will equal your Total Balance.
Sample 1Sample 2Sample 3
Monthly Balance means the end-of-month balance.
Sample 1Sample 2

Examples of Monthly Balance in a sentence

  • Any PJM member can participate in the Long Term FTR Auction, the Annual FTR Auction and the Monthly Balance of Planning Period FTR Auctions.

  • If the combined net revenues from the Long Term, Annual and Monthly Balance of Planning Period FTR Auctions are greater than the sum of all ARR target allocations, ARRs are fully funded.

  • Outages expected to last five or more days are included in the determination of the simultaneous feasibility test for the Monthly Balance of Planning Period FTR Auction.

  • The residual capability of the PJM transmission system, after the Long Term and Annual FTR Auctions are concluded, is offered in the Monthly Balance of Planning Period FTR Auctions.

  • In addition, PJM conducts Monthly Balance of Planning Period FTR Auctions for the remaining months of the planning period, which allows participants to buy and sell residual transmission capability.

  • In addition, PJM conducts Monthly Balance of Planning Period FTR Auctions for the remaining months of the planning period.

  • If you want to have a Grace Period on New Transactions during a month when a payment made in that month is reversed, you must pay before your next payment due date the entire Monthly Balance plus the amount of the reversed payment plus any additional interest charged due to the reversed payment.

  • This means that during the month of March, you incurred interest on the $50 in unpaid Monthly Balance.

  • If your Account has lost its Grace Period on the Total Balance, you can regain it by paying the Monthly Balance by its corresponding payment due date.

  • It will also identify your Total Balance, your Monthly Balance (if you do not have a financing plan, your Monthly Balance is equal to your Total Balance), the Minimum Payment Due and the payment due date.


More Definitions of Monthly Balance

Monthly Balance means the actual rights to take fish under the authority of quota that are available to any quota holder at the end of any month, after any adjustment has been made for catch taken and quota transferred or leased during that month:
Sample 1
Monthly Balance means the actual rights to take fish30 under the authority of the quota that are available to any quota holder at the end of any month, after any
Sample 1

Related to Monthly Balance

  • 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.

  • 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.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Legal Balance means the amount of indebtedness legally owed by an Obligor with respect to a Loan, including principal and accrued and unpaid interest, late fees, attorneys' fees and expenses, taxes, insurance premiums, and similar charges, if any.

  • Deficiency Balance means, with respect to any Receivable, any deficiency balance, charged-off amount, Principal Balance, accrued interest and/or fees and any Related Security; provided, that such amounts and Related Security relate to a Receivable which is a Defaulted Receivable.

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

  • 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).