Outstanding Account Balance definition

Outstanding Account Balance means the amount owed on a debt, as of a particular date. Title companies will obtain an outstanding balance for liens on property being sold, as of the anticipated date of closing, with a daily accrual for additional interest due each day the closing is delayed.
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Outstanding Account Balance means, as of any date of determination, (a) the aggregate Repurchase Price of all Purchased Accounts for which the Settlement Date has not occurred (assuming for this purpose that repurchase were required), plus (b) the aggregate Repurchase Price of all Purchased Accounts for which the Settlement Date has occurred if such Purchased Accounts are then actually subject to a Repurchase Event, plus (c) all accrued and unpaid fees, costs and expenses payable by Client to Purchaser hereunder as of such date of determination.
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Outstanding Account Balance means, as of any date of determination for all (or, as the context requires, any) Purchased Accounts (a) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has not occurred as of such date of determination (assuming for this purpose that repurchase were required), plus (b) the aggregate Repurchase Price of such Purchased Accounts for which the Settlement Date has already occurred if such Purchased Accounts are then actually subject to a Repurchase Event as of such date of determination, plus (c) all accrued and unpaid fees, costs and expenses (including the WFB Discount) payable by Client to Administrative Purchaser or Purchaser hereunder as of such date of determination.
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Examples of Outstanding Account Balance in a sentence

  • Outstanding Account Balance If, for any reason, you continue to receive electricity service when your account balance is equal to or less than $0.00, your account will continue to accrue all charges for the electricity service received.

  • The parties hereto further agree that the Company shall pay $75,000 per week on the first business day of each week, commencing on April 1, 2004, to be applied toward repayment of the Outstanding Account Balance until the Outstanding Account Balance is paid in full.

  • The Discount Fee shall accrue on a daily basis on the Outstanding Account Balance as of such date and shall be payable by Client to Purchaser monthly, on the last day of each month (except that, in the event of any breach or default by Client of this Agreement, the Discount Fee shall be payable upon demand).