Opening Balance definition

Opening Balance means the amount of benefits accrued under a pension record as at the beginning of the scheme year;

Opening Balance. A memorandum account shall be established for each Tranche (each a “Net Asset Value Memorandum Account”), each with an opening balance (“Opening Balance”) to be determined in accordance with this paragraph. The Opening Balance for the first Calculation Period of each Tranche established in respect of Managed Assets shall be equal to the amount of the contribution pertaining to such Tranche. For each subsequent Calculation Period, the Opening Balance of the Net Asset Value Memorandum Account for each Tranche shall be equal to (a) the net asset value of the Managed Assets of such Tranche as of the last day of the Calculation Period just ended, minus (b) the dollar amount of the Performance Based Fee to be paid with respect to such Calculation Period, if any; provided, however, that in the event of a withdrawal of a portion of a Tranche (i) on a date other than December 31, the Opening Balance of the Net Asset Value Memorandum Account in respect of the remaining Managed Assets in such Tranche for the Calculation Period in which the withdrawal occurred shall be adjusted, or (ii) on December 31, the Opening Balance of the Net Asset Value Memorandum Account in respect of the remaining Managed Assets in such Tranche for the Calculation Period immediately following the Calculation Period in which the withdrawal occurred shall be adjusted, in each case, by multiplying the Opening Balance of such Net Asset Value Memorandum Account by (a) one (1), minus (b) a fraction, the numerator of which is the dollar amount withdrawn and the denominator of which is the net asset value of the Managed Assets attributable to that Tranche on the date of, but prior to, the withdrawal. Money Manager Agreement

Opening Balance. SHEET shall mean the balance sheet of ProMedCo-Temple as of the Effective Date (as defined in the Plan and Agreement for Reorganization), prepared in accordance with GAAP (except for the absence of certain note information), and substantially in the form of the attached Exhibit B subject to adjustments in the Consideration (as defined in the Plan and Agreement for Reorganization).

Examples of Opening Balance in a sentence

• AA88 movement is defined as the Opening Balance at the beginning of a month, plus new AA88s issued, minus AA88 Cancelled and or Finalised (Settled) to end with a closing Balance at the end of the month.

• The Government of Madhya Pradesh has notified the final Opening Balance Sheet on 12th June 2008 in the position of 31.05.2005.

• The Opening Balance Sheet fairly represents the pro forma financial condition of the Companies as of its date.

• Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐ Shares Outstanding as of Second Most Recent Fiscal Year End: 12/31/2018 Opening Balance: 2,411,070 Date: 12/31/2019.

• XXX COMMUNITY COUNCIL Statement of Income and Expenditure of XXX Community Council for the period XXX to XXX Income £ Council Grant XXX Other Donations XXX Income From Fund Raisers XXX Other Income XXX Bank/Building Society Interest XXX Total Income XXX Postages XXX Hall Hire XXX Advertising XXX (Surplus)Deficit for the Period XXX Opening Balance XXX Closing Balance as at XXX XXX Bank Account XXX Cash in hand XXX Prepared by …………………………… Date…………………………………..

More Definitions of Opening Balance

Opening Balance means, for those Members who were members of the Prior Plan, the single sum amount described in Section 4.4.

Opening Balance means the amount, if any, determined in the sole discretion of the Administrator, to be credited to the Account of a Participant as of the day such Account is established.

Opening Balance of a Capital Account is defined in Section 7.1(b).

Opening Balance. Sheet shall mean the balance sheet of ProMedCo as of the Effective Date prepared in accordance with GAAP (except for the absence of certain note information), and substantially in the form of the attached Exhibit B.

Opening Balance has the meaning in Section 17 of this Agreement.

Opening Balance means, with respect to any Partner during any period, such Partner’s Capital Interest at the beginning of such period.

Opening Balance with respect to Purchased Receivables payable in the same currency (calculated separately for each currency in which Purchased Receivables are payable) for any Settlement Period means the aggregate Net Balances of the Opening Receivables payable in such currency for such Settlement Period as of the first day of such Settlement Period.