Net Balance Payable definition

Net Balance Payable means the net amount (after adjustment for returned items) payable by a Member in a Bulk Clearing Settlement Run for all Articles covered by the Interest Adjustment Scheme to be cleared excluding interest compensation payable under this Interest Adjustment Scheme.
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Net Balance Payable means the net amount (after adjustment for returned items) payable by a Direct Participant for itself and its Indirect Participants in a Bulk Clearing Settlement Run for all Articles covered by the Interest Adjustment Scheme to be cleared excluding interest compensation payable under this Interest Adjustment Scheme.
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Related to Net Balance Payable

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;