Outstanding Total definition
Examples of Outstanding Total in a sentence
Upon an Event of Default, You irrevocably authorize Processor and any Other Processor to deliver all funds on deposit in any Account to Us until We have received the Outstanding Total Payment Amount (plus any other amounts due under this Agreement).
If You successfully make a Manual Payment that is less than the Outstanding Total Payment Amount, the Outstanding Total Payment Amount will be adjusted by the amount of such Manual Payment.
You agree that any Processor and Other Processor may rely on any instructions issued by Us with respect to the delivery of funds on deposit in any Account, including, but not limited to, an instruction to deliver to Us all Shopify Account Credits, Other Business Credits, and funds on deposit in any such Accounts to Us until the then Outstanding Total Payment Amount (plus any other amounts due under this Agreement) are delivered to Us after an Event of Default.
If the Manual Payment is reversed or disputed, then any credit to the Outstanding Total Payment Amount applied as a result of the Manual Payment will be reversed as of the date it was applied and You will continue to be obligated to repay Your Loan under this Agreement until the Total Payment Amount has been repaid.
We will not initiate an ACH for any Payments delivered to Us via Section 4.2.1. After the occurrence of an Event of Default, You irrevocably authorize Us to initiate an ACH or ACHs from any Account until We have received the Outstanding Total Payment Amount (plus any other Obligations or amounts due under this Agreement).
If You successfully pay the entire Outstanding Total Payment Amount, You will have no further payment obligations to Us under the Agreement.
Increase/ Cumulative Balance Outstanding Total Assets (Decrease) Date the Loan by $ $ $ ------------- --------- ----------- ------------- Further, the Borrower hereby represents and warrants that: Proceeds from the advance shall be limited to conform with the usage specified in the Agreement, and The Borrower is in compliance with all the terms and conditions in the Agreement.
The "Outstanding Total Amount" ------------------------ shall mean the sum obtained by adding (x) the Outstanding Common Amount, (y) the Outstanding Option Amount, and (z) the Outstanding Dissent-Eligible Amount.
This Guaranty shall continue to be effective or shall be reinstated, as the case may be, if at any time any payment, or any part thereof, of any of the Outstanding Total Debt Obligations are rescinded or must otherwise be returned by any Lender upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of any Borrower or otherwise, all as though such payment had not been made.
SAI Orlando CS, LLCFloridaLimited Liability CompanyL08000116711 LLC Interest N/A 100.00% 100.00% N/A N/A Name of Pledgor Name, Jurisdiction ofFormation andType of Entityof PledgedSubsidiary Class or Type of Pledged Interest Total Amount of Class or Type of Pledged Interests Authorized Total Amount of Class or Type Outstanding Total Amount Pledged Certificate Number(if applicable) Par Value (if applicable) Name of Transfer Agent(if any) SAI FL HC4, Inc.