OBA Balance definition

OBA Balance means the level, at a specified point in time, of the Operational Balancing Account.
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OBA Balance means the level, at the Entry Point in time, of the Operational Balancing Account.
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Examples of OBA Balance in a sentence

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to that Shipper's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

  • For so long as the OBA Balance is less than Xxx XXX, the Allocated Quantities will be equal to that Xxxxxxx's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

  • For so long as the OBA Balance is less than Max OBA, the Allocated Quantities will be equal to Xxxxxxx's daily Confirmed Quantities, while the Daily Unbalanced Quantity will be allocated to the Operational Balancing Account held between the Parties.

Related to OBA Balance

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Balance means the total financial result in the Client Account after the last Completed Transaction and depositing/withdrawal operation at any period of time.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.