Required Balance has the meaning set forth in the Reinsurance Agreement.
Required Balance means the balance of the relevant Customer's Account that shall be debited by the Bank for providing the SMART Credit Service and/or the BAHTNET Service and/or PromptPay Service, which consists of the requested Transferred Funds and the applicable Service Charges.
Required Balance means [***]
Examples of Required Balance in a sentence
The FX Account may be blocked to outgoing transfers and withdrawals in the event it is not in compliance with the Required Balance.
You understand that, among other things, any adverse exchange rate movement prior to the value date of an FX Transaction may result in us requiring an increase in your Required Balance.
The amount on deposit in the Liquidity Reserve Account shall not be less than the Liquidity Reserve Account Required Balance, taking into account the application of the proceeds of the Advances on the Funding Date.
More Definitions of Required Balance
Required Balance means, as of any date of determination, an amount calculated by the Ceding Company equal to (a)(i) [REDACTED] multiplied by (ii) the Base Amount as of such date of determination minus (b) an amount equal to the Unamortized Ceding Commission.
Required Balance means one hundred percent (100%) of the amount equal to (a) the Reserves on the Policies and Post-Closing Policies, plus (b) other liabilities relating to the Policies and Post-Closing Policies, which shall be calculated in accordance with the methodology set forth on Exhibit D hereto, minus (c) the amount of outstanding loans under the Policies and Post-Closing Policies (to the extent such loans constitute admitted assets under Connecticut SAP).
Required Balance shall have the meaning set forth in subsection 34(a) hereof.
Required Balance means, as of any date, the amount equal to the Reinsurer’s Quota Share of the Statutory Reserves with respect to the Reinsured Policies.
Required Balance means, with respect to any Settlement Date, an amount ---------------- equal to (a) the Aggregate Capital on such Settlement Date divided by (b) (i) one minus (ii) the Applicable Percentage.
Required Balance shall have the meaning set forth in Schedule 31.
Required Balance has the meaning ascribed thereto in Section 3.1(b).