Unit Balance definition

Unit Balance means, with respect to any New Fixed Rate Lease, as of any date of determination, the Lease Balance of such New Fixed Rate Lease as of such date, plus, in the case of a Closed-End Lease, the Stated Residual Value of the related Leased Vehicle.
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Unit Balance means the portion of the Aggregate Loan Balance that is attributable to a specific Secured Rental Unit. At any time, the sum of the Unit Balances for all Secured Rental Units shall equal the Aggregate Loan Balance.
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Examples of Unit Balance in a sentence

  • An Asset Deficiency as of any date of determination is the amount by which the Required Aggregate Asset Amount exceeds the Adjusted Aggregate Unit Balance as of such date.

  • A periodic fee (the “Series 2010-1 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% times (b) the daily average of the Series 2010-1 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days.

  • On the Termination Date, with respect to each Unit Lessee shall pay to Lessor the Unit Balance for the Unit computed as of such date and any Other Charges required hereunder.

  • A periodic fee (the "Series 2002-1 Administrator Fee") shall be payable to the Administrator on each Payment Date for the Series 2002-1 Interest Period ending on such Payment Date in an amount equal to the product of (a) 0.01% times (b) the Series 2002-1 Allocated Adjusted Aggregate Unit Balance as of the first day of the immediately preceding Monthly Period times (c) the number of days in such Series 2002-1 Interest Period divided by 365 (or 366, as applicable) days.

  • Prior to October 1, 2001, such accounts shall be credited with the number of Cash Units determined by multiplying the per share amount of the cash dividend by the Participant's Stock Unit Balance and Cash Unit Balance (expressed in Stock Units and Cash Units, respectively), on the record date for such cash dividend and dividing the result by the price per share of Common Stock used for purposes of the reinvestment of such cash dividend in the Merrill Lynch & Co., Inc.

  • A periodic fee (the “Series 2005-1 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.01% per annum times (b) the daily average of the Series 2005-1 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period divided by 365 (or 366, as applicable) days.

  • The Unit Balance for each Unit is the product of (a) the Schedule Balance on the date of such Casualty Occurrence and (b) the Allocation Fraction of such Unit.

  • A periodic fee (the “Series 2003-2 Administrator Fee”) shall be payable to the Administrator on each Payment Date for the Series 2003-2 Interest Period ending on such Payment Date in an amount equal to the product of (a) 0.01% times (b) the Series 2003-2 Allocated Adjusted Aggregate Unit Balance as of the first day of the immediately preceding Monthly Period times (c) the number of days in such Series 2003-2 Interest Period divided by 365 (or 366, as applicable) days.

  • The following table summarizes unit option activity for Arbor Holdings, LLC: Unit Options Unit Options Weighted Available for Outstanding Average Grant Under the Plan Price Per Unit Balance, July 1, 1999 1,500,000 Granted (535,000) 535,000 $1.97 Exercised --------- -------- ----- Balance, December 31, 1999 965,000 535,000 $1.97 ========= ======== ===== The weighted-average fair value of options and restricted units granted in 1999 was $.87 per share.

  • A periodic servicing fee (the "Series 1999-3 Servicing Fee") shall be payable to the Servicer on each Payment Date for the preceding Monthly Period in an amount equal to the product of (a) 0.215% per annum (the "Series Servicing Fee Percentage") times (b) the daily average of the Series 1999-3 Allocated Adjusted Aggregate Unit Balance for such Monthly Period times (c) the number of days in such Monthly Period DIVIDED by 365 (or 366, as applicable) days.

Related to Unit Balance

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Debit Balance means, as of any date, the dollar amount, if any, representing the accrued aggregate Annual Charge not deducted from the Liquid Balance.

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, (A) plus any increase in the Component Balance of such Component pursuant to Section 4.02 due to the receipt of Subsequent Recoveries, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Initial Component Balance As specified in the Preliminary Statement.

  • Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(c)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), and any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).