Outstanding Balance definition

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

Outstanding Balance means as of any date of determination, the Purchase Price, as reduced or increased, as the case may be, pursuant to the terms hereof for payment, Conversion, offset, or otherwise, plus the OID, the Transaction Expense Amount, accrued but unpaid interest, collection and enforcements costs (including attorneys’ fees) incurred by Lender, transfer, stamp, issuance and similar taxes and fees related to Conversions, and any other fees or charges (including without limitation Conversion Delay Late Fees) incurred under this Note.

Outstanding Balance means as of any date of determination, the Purchase Price, as reduced or increased, as the case may be, pursuant to the terms hereof for payment, Conversion, offset, or otherwise, plus the OID, accrued but unpaid interest, collection and enforcements costs (including attorneys’ fees) incurred by Lender, transfer, stamp, issuance and similar taxes and fees related to Conversions, and any other fees or charges (including without limitation Conversion Delay Late Fees) incurred under this Note.

Examples of Outstanding Balance in a sentence

• If the Floor Price Trigger Date occurs prior to the date that is ninety (90) days from the Purchase Price Date (the “Prepayment Start Date”), then beginning on the Prepayment Start Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount for such month in cash to Lender with the entire Outstanding Balance being due and payable on the six (6) month anniversary of the Prepayment Start Date.

• If the Initial Registration Statement is not declared effective by the SEC within one hundred twenty (120) days of the Purchase Price Date, the Outstanding Balance will automatically increase by one percent (1%) and will continue increasing by one percent (1%) every thirty (30) days thereafter until the Initial Registration Statement is declared effective or Lender is able to sell Conversion Shares pursuant to Rule 144 under the Securities Act of 1933, as amended (“Rule 144”).

• At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).

• If Borrower exercises its right to prepay this Note, Borrower shall make payment to Lender of an amount in cash equal to 120% multiplied by the portion of the Outstanding Balance Borrower elects to prepay.

• If the Floor Price Trigger Date occurs on or after the one (1) year anniversary of the Purchase Price Date, then on the Floor Price Trigger Date and each calendar month thereafter, Lender will have the right to demand that Borrower pay the Mandatory Monthly Prepayment Amount in cash to Lender for such month with the entire Outstanding Balance being due and payable on the Maturity Date.

More Definitions of Outstanding Balance

Outstanding Balance means, at any time of determination, with respect to any Receivable, the then outstanding principal balance thereof.

Outstanding Balance means the Original Principal Amount, as reduced or increased, as the case may be, pursuant to the terms hereof for conversion, breach hereof or otherwise, plus any accrued but unpaid interest, collection and enforcements costs, and any other fees, penalties, damages or charges incurred under this Note.

Outstanding Balance in relation to any Card Account at any time means the outstanding balance in favour of DBS with respect to that Card Account at that time.

Outstanding Balance means the balance still owing on the Card at the time of Your Death or Permanent Total Disability.

Outstanding Balance means the sum of (i) the aggregate outstanding and unpaid principal balance of all Loans and (ii) the Letter of Credit Usage.

Outstanding Balance means the amount the lender calculates you must pay to settle the finance agreement less any arrears and interest on arrears, and less the repayment of any amount other than the purchase price of the motor vehicle.

Outstanding Balance means, with respect to any Receivable, as of any date of determination, the amount (which amount shall not be less than zero) equal to (a) the Billed Amount thereof, minus (b) all Collections received from the Obligor thereunder, minus (c) all discounts to, or any other modifications by, the Originator, the Borrower or the Servicer that reduce such Billed Amount; provided, that if the Administrative Agent or the Servicer makes a good faith determination that all payments by such Obligor with respect to such Billed Amount have been made, the Outstanding Balance shall be zero.