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 balance on the Card arising because the debits using the Card exceed the Card Balance.

Examples of Negative Balance in a sentence

If we are unable to collect amounts you owe us by debiting or charging your primary Funding Source, we reserve the right to bill you directly for any Negative Balance or to recoup such Negative Balance from any other Card we have issued to you.
You agree to pay us promptly for the Negative Balance and any related fees.
You understand and acknowledge that if a failure to provide sufficient funds results in an amount due and owing by you to ZHLS (a “Negative Balance”), Zero Hash or ZHLS shall have the right to: (i) charge a reasonable rate of interest on any such Negative Balance; and (ii) offset any such Negative Balance, including any accrued interest and consequential losses, by transferring funds that are or become available in your Business Account or Account to Zero Hash or ZHLS.
Nevertheless, if any transactions cause the balance in your Transaction Account to go negative, including any purchase transactions where the retailer or merchant does not request authorization, you will remain fully liable to us for the amount of any Negative Balance and any corresponding transaction fees.

More Definitions of Negative Balance

Negative Balance means any debit balance that results when there are insufficient Funds on your Card and a transaction is processed and cleared.

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 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 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 for CFD trading shall mean the total negative financial amount in the Client Trading Account owed by the Client to the Company.

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.