Uncredited Balance definition

Uncredited Balance at any time means the uncredited balance of the Deposit that has been paid to the Seller determined in accordance with the Agreement.

Uncredited Balance has the meaning ascribed thereto in the definition of Purchase Price;

Uncredited Balance means, at any time, an amount equal to the Prepayment Amount(s) advanced by the Purchaser to the Seller, LESS amounts credited against the Prepayment Amount(s) as relate to the Platinum Purchase Price in accordance with Clause ‎‎2.5(A)(1).

Examples of Uncredited Balance in a sentence

• If, after the term of the Agreement (November 9, 2090), the Uncredited Balance has not been reduced to $nil, then the Company will be required to repay the amount of the Uncredited Balance.On November 5, 2012, Brigus elected to repurchase 4% and 3.7% of the future gold production at the Black Fox mine and Black Fox Extension, respectively, for $24.4 million, thereby reducing the original Uncredited Balance to $31.9 million.

• The Uncredited Balance upon acquisition on March 5, 2014 was $7.1 million.

• Such termination shall be subject to the Seller, within [***] of the date of termination, fully and unconditionally refunding to the Purchaser an amount equal to the Purchaser’s pro rata portion of the Uncredited Balance (if any) at the date of such termination or (if it is not legal for the Seller to refund such amount) placing such amount in escrow on terms acceptable to the Purchaser and Seller (each, acting reasonably) (together the “Refund Obligation”).

• Each successive Uncredited Balance Refund Calculation shall include the aggregate information from previous Uncredited Balance Refund Calculations, including without limitation, matters settled by the dispute resolution procedures set forth in Article 16.

• Each successive Uncredited Balance Refund Calculation shall include the aggregate information from previous Uncredited Balance Refund Calculations, including without limitation, matters settled by the dispute resolution procedures set forth in Article 18.

More Definitions of Uncredited Balance

Uncredited Balance at any time means the uncredited balance of the Advance Amount determined in accordance with this Agreement.

Uncredited Balance means, at any time, an amount equal to:

Uncredited Balance means, at any time and from time to time, the outstanding uncredited balance of the Advance Payment, until it is reduced to nil in accordance with Section 2.6(a).

Uncredited Balance means the balance, from time to time, of the Deposit less amounts credited against the Deposit in accordance with (a) of the definition of Purchase Price;

Uncredited Balance means the balance, from time to time, of the Upfront Deposit, “…[agreement redacted – proprietary structure]”;

Uncredited Balance means the uncredited balance of the Deposit as determined in accordance with the Stream Agreement.

Uncredited Balance means the Upfront Deposit less all payments of the Purchase Price that are credited against the Upfront Deposit;