Termination Balance definition

Termination Balance means the aggregate principal amount of Advances outstanding on the Revolving Credit Termination Date after giving effect to any Advances made or paid on such date.
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Termination Balance has the meaning set forth in paragraph (b) of Section 17.2 (Tracking Account).
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Termination Balance means Deferred Amounts on and after January 1, 2016 plus the Earnings Credits on such Deferred Amounts accrued as of the Participant’s date of Termination of Employment.
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Examples of Termination Balance in a sentence

  • Any claim by the Non-Defaulting Party for such costs, losses, charges, damages, fees and expenses may be added to the Termination Balance, if owed by the Defaulting Party, or subtracted from the Termination Balance, if owed by the Non-Defaulting Party.

  • Upon termination of these Terms: (a) your license rights will terminate and you must immediately cease all use of the Service; (b) you will no longer be authorized to access your User Account; (c) UVertz will inspect your Opportunity Equipment pursuant to Section 8.4 above and release to you the Termination Balance (if any) pursuant to Section 8.2 above; and (d) Sections 6.3, 7, 8, 10.2, 12.3, 13, 14, 15, 16 and 17 will survive.

  • RELEVANT HISTORY TW/03/01244 - Demolition of existing house and erection of 11 no.

  • Termination Balance Amount determined as at the Termination Date, and calculated by the Non-Defaulting or Non-Affected Party, in accordance with the provisions of Article 8.

  • But here, in the event of Plaintiff’s default, the Agreement allows Defendant to not only accept the return of the heat pump, but then also sue Plaintiff for “any remaining amount due” under the Agreement; that is, “[e]ven if [Defendant] repossess[es] the [heat pump], [Plaintiff] must still pay [Defendant] at once the Early Termination Balance, computed by the formula for early termination [spelled out elsewhere in the Agreement] at the time of the Default.” See Ex. A at ¶ 19.

  • Expenses incurred and taxes payable to TimePayment Corp., if any, as a result of such early termination.Note: Payment of the Early Termination Balance is not a purchase of the Equipment.

  • Termination Balance Amount determined at the Termination Date by the Non-Defaulting Party or by the Non-Affected Party, in accordance with the provisions of Article 10 of this Agreement.

  • In this event, each Party retains full title to the cash or Securities previously delivered to it, without prejudice to payment or receipt of the Termination Balance, if any.

  • Market Value Value of Securities loaned or posted as Collateral, determined by the Calculation Agent when computing the Termination Balance in a reasonable and objective manner, taking into account, when relevant, the prevailing market conditions and related costs.

  • The Termination Balance shall be the amount set forth on Exhibit A opposite the date of determination of the Termination Balance.


More Definitions of Termination Balance

Termination Balance means Deferred Amounts plus the Earnings Credits accrued as of the Participant’s date of termination.
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Termination Balance means the aggregate principal amount of Advances outstanding on the Revolving Credit Termination Date after giving effect
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Related to Termination Balance

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Termination Percentage has the meaning set forth in Section 2.2.

  • Lease Termination Date means the last day of the Lease Term.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Termination Price As defined in Section 9.01.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Termination Date The scheduled Agreement “termination date” shall be the last day of the month of the month of the Original Solicitation’s Anticipated Award Date plus three years. Example: If the original term is approximately three years, and the solicitation provides an anticipated award date of May 22, 2020, the expiration date of the original three-year term shall be May 31, 2023. Extensions: Any extensions of the original term shall begin on the next day after the day the original term expires. Example Following the Previous Example: If TIPS offers a one-year extension, the expiration of the extended term shall be May 31, 2024. TIPS may offer to extend Vendor Agreements to the fullest extent the original Solicitation permits.

  • Termination Rate means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.