payout statement definition

payout statement means the statement prepared by us upon your request for the purpose of determining the amount payable to repay the loan amount in full.
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payout statement means with respect to the Bank of Nova Scotia, a letter or other instrument addressed by the bank to Mogo and Moka, setting out all the indebtedness owing by the Moka Corporations to the bank as at the Closing Date and containing an irrevocable undertaking from the bank to take all required actions to release and discharge at Closing or as soon as practically possible following Closing, all Liens charging or secured by any of the Moka Shares or any assets used in carrying on the Business, upon receipt by the bank of the payment of the Closing Date Indebtedness;
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payout statement means a payout statement in respect of the Financing Documents, in form and substance reasonably satisfactory to Purchaser, executed by RMB Australia Holdings Limited and RMB Resources Inc. confirming the amount required to obtain a discharge of all security granted under or in connection with the Financing Documents;
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Related to payout statement

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Payment Statement As defined in Section 6.01 hereof.

  • Settlement Statement has the meaning set forth in Section 3.2(a).

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;

  • Final Adjustment Statement has the meaning set forth in Section 2.6(c).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Account Statement means a periodic statement of the transactions credited or debited to an Account;

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Payment Date Statement means a report setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Prospectus, which shall be in such form as is required under the Prospectus and otherwise as agreed upon between the Issuer and the Global Agent.

  • Draft Closing Statement means a draft closing statement as of the close of business of the fifth (5th) Business Day immediately preceding the Closing Date setting forth an estimate of the Purchase Price (including all adjustments and prorations thereto).

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Preliminary Settlement Statement shall have the meaning given such term in Section 3.2.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Statement Cycle means the period of time for which our credit union provides a summary of the financial activities and transactions that post and settle to the accountholder's account. See our website at www.wsfcu.com or contact one of our branch service representatives for specific Statement Cycle dates.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Distribution Date Statement As defined in Section 4.02(a).

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.