Negative Balance definition

Negative Balance means receipt of Copayments, Coinsurances, Deductibles or other compensation by PROVIDER or Participating Provider which are in excess of the amounts that are due to PROVIDER or Participating Provider for Covered Services under this Agreement.
Negative Balance means a negative rather than a positive Available Balance. Pass Code means a password or code that you must keep secret, that we may be required to authenticate your identity or a transaction with. Examples include your PIN and any access code required to allow online access to your Card details.
Negative Balance means a negative balance on the Card arising because the debits using the Card exceed the Card Balance.

Examples of Negative Balance in a sentence

  • It is noted, however, that the Company applies a Negative Balance Protection Policy pursuant to which you may not lose more than the amount deposit on the Platform.

  • DEFINED TERMS Negative Balance Protection this means that your losses will not exceed the funds you have in your Account.

  • When the Company decides to do so, other than in order to enforce the Negative Balance Protection, this will be done on a discretionary basis and will not be considered an undertaking of an obligation to continue.


More Definitions of Negative Balance

Negative Balance means a negative Available Balance (as opposed to a positive Available Balance) arising when debits to the Itaú Global Wallet Account exceed the
Negative Balance. – means a negative rather than positive Available Balance, arising because the debits using the Card exceed the total Funds Credits for the Card.
Negative Balance. – means a negative rather than positive Available Balance, arising because the debits on the Card exceed the Available Balance.
Negative Balance. No negative balance shall be approved unless the employee shall agree, in writing, that such negative balance shall be reimbursed to the City through future accruing sick, vacation or compensatory time or by reimbursement to the City through wage withholding should the employee terminate employment while subject to a negative balance. PERSONAL TRAVEL TO HIGH-RISK AREAIf an employee chooses to personally travel to a high-risk area and is quarantined upon return, the employee may utilize accrued sick, vacation, or compensatory time while quarantined. The City reserves the right to place the employee in voluntary quarantine under those conditions.
Negative Balance means an account balance in which Provider or Contracted Provider debits exceed credits as a result of MCO or Payor overpayments or payments made in error.
Negative Balance means a debt within the Deposit Account where there are insufficient funds within the Deposit Account to meet Our charges, External Expenses, Withdrawals and Adviser Charge deductions as they fall due. See Part 3, Condition 3.2.5 for further details.
Negative Balance means receipt of Copayments, Deductibles or other compensation by PROVIDER or Participating Provider which are in excess of the amounts that are due to PROVIDER or Participating Provider for Covered Services under this Agreement. When a Negative Balance occurs, DAVIS has the right to offset future compensation owed to PROVIDER or Participating Provider with the amount owed to DAVIS and the right to bill PROVIDER or Participating Provider for such Negative Balance(s). DAVIS will automatically, when possible, apply the Negative Balance to other outstanding payables on PROVIDER’s account. In some instances it may be necessary for DAVIS to send an invoice to PROVIDER for outstanding Negative Balance(s). The PROVIDER is responsible to remit payment to DAVIS upon receipt of invoice. DAVIS retains the right to seek assistance from various collection agencies and/or to suspend or permanently terminate PROVIDER from further participation in DAVIS’ network in accordance with the suspension and termination provisions set forth in this Agreement. A Negative Balance shall not mean an Overpayment as defined herein.