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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.

  • 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.

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

  • 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.

  • If the net balance is less than the Basin Fund Target Balance, reduce the value of the Forecasted Energy Purchase Power Expenses by the difference between the Basin Fund Target Balance and the Net Balance.FA1 = If (NB > BFTB, FX, FX - (BFTB - NB)) = $91,991,199 (NB) is greater than $64,395,199 (BFTB) then: = $17,263,215.90 (FX) If the Net Balance is greater than the Basin Fund Target Balance, then FA1=FX.


More Definitions of Net Balance

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, at the end of each Financial Year, the amount for that Financial Year determined in accordance with clause 18.6(a).
Net Balance means, at any time with respect to a Premium Finance Agreement, the Gross Balance (payable in Dollars), net of (i) unearned interest charges and (ii) the amount, if any, of unpaid drafts issued to an Insurer in respect thereof, in each case determined as of such time.
Net Balance means the difference between the Current Assets and the Current Liabilities.
Net Balance means, with respect to the Buyer Note or the EFV Note, the outstanding principal amount thereof and all interest accrued and unpaid thereon.
Net Balance means, as of the date of determination, the Gross Contract Payments of a Contract less all unearned interest owing by the Contract Debtor. Net Capital Expenditures: Capital Expenditures less net proceeds received from the sale of any fixed assets. Net Charge-Off: for any period, the aggregate amount of all unpaid payments due under Contracts which have been charged off during such period, as reduced by the amount of unearned interest, unearned insurance, accrued but unpaid interest, unpaid late charges, repossession recoveries, cash recoveries and amounts recovered in cash from other third parties, with respect to Contracts which had been charged off during previous periods or during such period.
Net Balance means the net balance, as of the close of business on the Business Day immediately preceding the Closing Date, of any intercompany payables or receivables with respect to Seller and its Subsidiaries (other than the Company and its Subsidiaries) on the one hand and the Company and its Subsidiaries on the other hand.