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

  • Notwithstanding the foregoing, Resource Provider shall have the option to prepay all or any portion of the Balance or the anticipated Termination Balance, if applicable, at any time or from time to time.

  • If a Party terminates this Agreement early pursuant to Article 15 (Termination), and an undisputed balance remains in the Tracking Account (the “Termination Balance”), Resource Provider shall repay such Termination Balance plus Interest to PREPA within thirty (30) Days of the Termination Date.

  • Any amount due in connection with the Loan, including the Termination Balance, will automatically incur interest as from the scheduled or early payment due date (inclusive) until the date of payment thereof (exclusive), at [***] above the annual interest rate stated in the clause ‘Interest rate’, without the need for the Bank to give any prior notice.

  • The Client will be informed of the Termination Balance by registered letter (with acknowledgement of receipt) and the Termination Balance will fall due immediately on the Termination Date, subject to the debt collection charges subsequently incurred, which will fall due on the date on which the Client is notified thereof, and must be immediately reimbursed by the Client to the Bank.

  • The Termination Balance calculated by the Bank on the Termination Date will equal the following: • the principal of the Loan outstanding on the Termination Date; plus: • the interest owing to the Bank on the Termination Date; • if applicable, the costs referred to in the clause ‘Taxes and costs’; • the remaining State Guarantee Premium due for the residual term of the Loan; and • the balancing payment provided for in the clause ‘Prepayment’.

  • If applicable, the Termination Balance will be increased by all the costs and ancillary charges borne by the Bank in connection with the recovery of the debt owing to it.

  • The Termination Balance will be calculated in accordance with the clause ‘Termination Balance’ on a date set by the Bank (hereinafter, the ‘Termination Date’), which will be within four Business Days of the date of posting of the above registered letter.

  • The working relationships developed in EFCOG have fostered a sharing of ideas that is essential during crises like COVID-19.

  • The Revolving Credit Termination Balance and all other unpaid Obligations shall be paid in full by the Borrower on the Revolving Credit Termination Date; PROVIDED, HOWEVER, that upon the written request of the Borrower, delivered to the Agent at least ten (10) Business Days prior to the Revolving Credit Termination Date, the Revolving Credit Termination Balance shall be due and payable on the Facility Termination Date.

  • The amount of each installment shall be calculated by applying a fraction to the Participant’s Termination Balance as adjusted for Earnings Credits as of the valuation date determined by the Plan Administrator (i.e., 1/15th for the first installment, 1/14th for the second installment, etc.) with the last installment being the remainder of the Participant’s 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

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Accrual Termination Date Not applicable.

  • 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 July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

  • 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 9.1(b)(i).

  • 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 date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

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

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • 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 (1) two years following such Change in Control or (2) the Executive’s death.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • 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.

  • 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.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the