Operating Balance definition

Operating Balance means the amount of funds necessary for indemnification as determined by the director.
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and attributable to the period after the Effective Time and paid by Seller in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2013 Taxes assessed on the Purchased Assets in accordance with Section 6.4), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the amount of Suspense Funds.
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Sellers in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Sellers in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2010 Taxes assessed on the Purchased Assets).
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Examples of Operating Balance in a sentence

  • This diagram shows how the Operating Balance translates into cash available to the core Crown and how this cash was spent.

  • Enterprise Development FundAs part of the 2016-17 budget proposals, £10m of the Operating Balance was earmarked for transfer into this new reserve, with a further £10m each year for the following four years, in support of the£50m Enterprise Development Scheme.

  • The Net Operating Balance for the Total State Sector was a surplus of $4,646 million, compared to a$2,794 million surplus in 2013-14.

  • If the request for reconsideration is filed beyond the sixty calendar (60) days from the date of the notice of the organization determination, a party to the organization re-determination request may file a request for good cause extension with L.A. Care.

  • The statements, situations and information referred to in chapters I to VII above will be prepared and presented on forms printed and issued by the Departments Responsible for Hydrocarbons, except for the Characteristic Operating Balance defined in Article 26.5 of the Contract.

  • All interest earnings from the Operating Balance and the Reserve Fund shall be treated as general revenues and be allocated in the annual budget process for necessary additions to the Reserve Fund, special projects, or capital program needs.

  • Capital income includes actual cash received from Federal and State grant funds, the Operating Balance, and other miscellaneous sources of income.

  • Scenario B: All 5 Engines Operating, Balance of LFG Combusted in Flare(s) LFGTE Operation Emergency Engine Non-Road Engines at Landfill Operation.

  • Up to 10% of the reserve may be carried as an "Operating Balance" in the checking account to cover cash flow requirements.

  • Empirical tests are based on the idea that if the market overreacts, then investors should be able to earn superior risk-adjusted returns over the long-term by taking positions in the direction opposite to the overreaction.


More Definitions of Operating Balance

Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Seller in respect of the Purchased Assets (it be understood that all Asset Taxes shall be allocated as determined in accordance with the procedures set forth in Section 6.4), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the amount of Suspense Funds, minus (vi) the amount set forth on Schedule 2.2(g).
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Operating Balance means the positive or negative amount, if any, equal to (i) all proceeds collected by Seller in respect of the Purchased Assets attributable to the period after the Effective Time (unless such proceeds are remitted or allocated to Buyer pursuant to Section 3.6), minus (ii) all costs and expenses incurred after the Effective Time and paid by Seller in respect of the Purchased Assets (it being understood that all personal property and ad valorem real property Taxes, fees or assessments attributable to the Purchased Assets shall be apportioned on a calendar year basis as of the Effective Time based upon 2011 Taxes assessed on the Purchased Assets), minus (iii) the amount, if any, by which the Gas Imbalance Adjustment is more than zero, plus (iv) the amount, if any, by the Gas Imbalance Adjustment is less than zero, plus (v) the Suspension Amounts.
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Operating Balance means the amount agreed under paragraph 52(c)
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Related to Operating Balance

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

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

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

  • Planned Balance Not applicable.

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

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Lease Balance means, as of any date of determination, the sum of (a) the Equity Balance (if same has not been paid as of such date)

  • Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Scheduled Balance Not applicable.

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;