Net Balance definition

Net Balance means, as of the date of determination, the Gross Contract Payments of a Contract less all unearned interest, fees, charges, and insurance premiums owing by the Contract Debtor.

Net Balance means with respect to an Installment Sales Contract, the outstanding balance owing on such Installment Sales Contract including any applicable late charges but exclusive of any unearned finance charges as provided for in such Installment Sales Contract and means with respect to a Crop Time Note, the outstanding principal balance owing on such Crop Time Note and all accrued and unpaid interest thereon.

Net Balance means, in relation to an Offset Portion, the positive difference (if any) between the principal amount owing under the Offset Portion and the credit balances in the Specified Account.

Examples of Net Balance in a sentence

• When Company terminates traffic of roamers using Sprint PCS facilities (including facilities of affiliates of Sprint PCS) within the MTA, this traffic shall be included in Sprint’s Net Balance of Traffic, as defined in Section 6, below, and will be billed to Sprint PCS by Company.

• If the Net Balance is greater than the Basin Fund Target Balance, use the value for forecasted energy purchase power expenses (FX).

• When new Pools or Purchased Loans are pledged to the Collateral Agent, the related Funding Notice shall provide (A) the aggregate Outstanding Balance of the Contracts to be pledged to the Collateral Agent on the related Funding Date; (B) the Aggregate Outstanding Eligible Loan Balance; and (C) the Aggregate Outstanding Eligible Loan Net Balance; each as of the applicable Cut-off Date and as reported in the Loan Servicing System or as a product of the Loan Loss Reserve analysis.

• The Funding Notice shall provide (A) the aggregate Outstanding Balance of the Contracts; (B) the Aggregate Outstanding Eligible Loan Balance; and (C) the Aggregate Outstanding Eligible Loan Net Balance; each as of the Cut-off Date and as reported in the Loan Servicing System.

• Otherwise, it is the first message sent by the client after he/she receives a ServerHelloDone message.

More Definitions of Net Balance

Net Balance means, at the end of each Financial Year, the amount for that Financial Year determined in accordance with clause 18.6(a).

Net Balance means the balance of the Net Revenue or Net Advertising Revenue (as applicable) after Snack Media has deducted the Commission.

Net Balance means the difference between the Current Assets and the Current Liabilities.

Net Balance means, with respect to any Receivable, as of any date of determination, the excess of (i) the Gross Balance for such Receivable over (ii) all unearned, or accrued but unpaid, interest, fees, finance charges, insurance commissions and any other unearned amounts of such Receivable.

Net Balance is defined in Schedule 3.

Net Balance means (i) with respect to a House Receivable, the face ----------- amount of such Receivable, minus any and all returns, rebates, discounts (which may, at Agent's option, be calculated on shortest terms), credits, allowances or Taxes (including sales, excise or other taxes) at any time issued, owing, claimed by Account Debtors, granted, outstanding or payable in connection with, or any interest accrued on the amount of, such Receivables at such date; (ii) with respect to an Eligible Factored (Borrower Risk) Receivable of an Account Debtor, the face amount of such Factored Receivable, minus all discounts, returns, credit or allowances at any time issued, owing or outstanding with respect to such Receivable, minus the amount by which the aggregate amount of all Receivables of such Account Debtor that are 60 days or more past due exceeds 10% of all Borrower's Receivables, minus all such Factored Receivables that, to Borrower's knowledge, remain unpaid 180 days after the invoice date therefor, minus all reserves under a Factoring Agreement with respect to such Factored Receivable and all commissions, fees and expenses due a Factor under a Factoring Agreement with respect to such Factored Receivable; (iii) with respect to an Eligible Factored (Factor Risk) Receivables, the face amount of such Factored Receivable, minus all discounts, returns, credit or allowances at any time issued, owing or outstanding with respect to such Factored Receivable, minus all reserves under a Factoring Agreement with respect to such Factored Receivable and all commissions, fees and expenses due a Factor under a Factoring Agreement with respect to such Factored Receivable.

Net Balance means the Aggregate Amount of Invoices so collected less (a) the Advance Amount and (b) the fee (including reimbursable out-of-pocket expenses) earned by Versant pursuant to the Fee and Reimbursements Schedule attached hereto and made a part hereof.