Account Balance Clause Samples

Account Balance. The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

Account Balance. Section 6.4

Account Balance. For purposes of this Article IX, Account balance shall include any rollover account balance.

Account Balance. The maximum Account balance is $50,000, but we may, in our sole discretion, allow your Account balance to exceed this limit.

Account Balance. For purposes of determining required minimum distributions, the relevant Account balance shall be the Account balance as of the last Accounting Date in the calendar year immediately preceding the calendar year for which the required distributions are being determined, increased by the amount of any contributions and forfeitures made by or on behalf of the Participant as of dates in such immediately preceding calendar year after such last Accounting Date, reduced by any payments or withdrawals in such immediately preceding calendar year after such last Accounting Date; provided that, in no event shall an amount greater than the Participant’s nonforfeitable percentage be distributed.

Account Balance. For purposes of determining required minimum distributions, the relevant Account balance shall be the Account balance as of the last Accounting Date in the calendar year immediately preceding the calendar year for which the required distributions are being determined, increased by the amount of any contributions and forfeitures made by or on behalf of the Participant as of dates in such immediately preceding calendar year after such last Accounting Date, reduced by any payments or withdrawals in such immediately preceding calendar year after such last Accounting Date, and, in the case of minimum distributions for the second calendar year for which distributions are required, reduced by distributions made in such second calendar year on or before the required benefit commencement date (under Section 8.5) that are not in excess (when added to amounts distributed in the first calendar year) of the amount required to meet the minimum distribution for the first calendar year; provided that, in no event shall an amount greater than the Participant’s nonforfeitable percentage be distributed.

Account Balance. The balance of the Executive's Account as defined in Section 1.1 on the Early Benefit Date; or

Account Balance. If at any time the account balance for this project is beyond 30 days past due work will cease until payment is received. Current balance must be satisfied prior to final report being released to client. If payment of project invoices requires special arrangements, additional administrative costs may be incurred.

Account Balance. It is the balance remaining as a result of the sum of the money deposited by the investor and the realized gains, minus the realized losses, commissions, and fees. Sell Price: It is the sell price specified in the electronic transaction platform of the Company. Buy Price: This is the buy price listed on the Company's electronic transaction platform. Base Currency: It is the first currency in the currency parity that the investor trades. Counter Currency: It is the currency listed second in the currency parity that the investor is trading. Long Position: This is the position that emerges when the base currency is purchased or a contract is entered into based on goods, precious metals, or other assets that the Company determines. Short Position: It is the position that arises when the base currency is purchased or entered into a contract based on goods, precious metals or other assets to be determined by the Company. Open Position: It is the situation that emerges when an investor makes a transaction that is not followed up by another transaction, regardless of whether the investor has a short or long position. Contract: Any agreement between the Investor and the Company to conduct a purchase and sale transaction involving foreign currency, commodities, precious metals, or other assets that the Company determines. Cross Parity Contract: It is a contract to sell a foreign currency in exchange for another foreign currency. Exchange Rate: It is the ratio between two currencies in the electronic trading platform. Maintenance Collateral Amount: It is the minimum equity amount that the Investor must provide to maintain his open position, determined at the company's own discretion. Free Margin: It is the collateral amount that the investor can use to open a new transaction. Margin: It is the amount of collateral that the investor uses to secure their open investments. Swap: It is the overnight position carrying cost that the Company will reflect on the Investor's account. Spread: It is the difference between the Investor's buy price and the selling price. Profit/Loss: It's the theoretical gain or loss resulting from the real profit or loss in US Dollars from closed positions and the valuation of open positions over the current market price. Electronic Trading Platform: It is the computer software for the leveraged trading of the Company. The company uses the MetaTrader 5 platform as its trading platform. If the electronic trading platform is changed, the Company wi...