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The promissory note, also called a loan agreement, a contract, ... A compensating balance requirement means the borrower must maintain a checking account ...
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www.businessownersideacafe.com/financing/promissory_not...
www.businessownersideacafe.com/financing/promissory_notes.php
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Compensating balance agreements are permitted under MGL Ch. 44 §53F and must be approved annually by town meeting or the city council. ...
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www.mass.gov/?pageID=dorterminal&L=6&L0=Home&L1=Local+O...
www.mass.gov/?pageID=dorterminal&L=6&L0=Home&L1=Local+Officials&L2=Municipal+Data+and+Financial+Management&L3=Municipal+Knowledge+Base&L4=Municipal+Finance+Glossary&L5=Municipal+Finance+Glossary+(Alphabetical+A+through+C)&sid=Ador&b=terminalcontent&f=dls_reference_glossary_refgls_compbalagree&csid=Ador
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At Closing, a portion of the Purchase Price, equal to the balance of all amounts remaining to be paid by Seller under the Construction Contracts (the "RETENTION AMOUNTS") will be retained in Escrow (defined below) with Escrow Holder after the Closing Date to pay for the Remaining Work.
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www.techagreements.com/T-Escrow-Agreements.aspx
www.techagreements.com/T-Escrow-Agreements.aspx
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compensating balance - funds deposited by a commercial borrower in an interest-bearing account at a savings institution as an inducement to the institution to approve a loan. Line-of-credit agreements will often tie the maximum amount of the loan to a percentage of compensating balance.
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www.homesurfer.com/encyclopedia/c/compensating_balance....
www.homesurfer.com/encyclopedia/c/compensating_balance.html
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252.225-7035 Buy American Act--Free Trade Agreements--Balance of Payments Program Certificate. ... 252.225-7045 Balance of Payments Program--Construction Material Under Trade Agreements.
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farsite.hill.af.mil/reghtml/regs/far2afmcfars/fardfars/...
farsite.hill.af.mil/reghtml/regs/far2afmcfars/fardfars/dfars/Dfars252_220.htm
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The company has no compensating balance agreements with any lending bank. The average interest rate for short-term borrowings outstanding at March 31, 1997 and 1996 was approximately 1.8 percent and 2.4 percent, respectively.
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www.toshiba.co.jp/about/reports/ar97/finance/note07.htm
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To the extent that these credit commitments expire more than one year after the balance sheet date and are unused, an equal amount of commercial paper is classifiable as long-term debt. Amounts so classified are shown in the tables in this note. ... The company's compensating balance agreements were not significant.
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www.weyerhaeuser.com/annualreport/wyar99/financials/71....
www.weyerhaeuser.com/annualreport/wyar99/financials/71.htm
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Many districts with compensating balance agreements monitor their daily balances to ensure sufficient funds are kept in those accounts to meet any compensating balance requirements, eliminating any bank charges for those district accounts.
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www.window.state.tx.us/tspr/drippingsprings/ch06a.htm
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If you established a new Compensating Balance Account for FY2010, please attach and send a copy of the agreement, even if you do not need to complete the ...
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www.mass.gov/Ador/docs/dls/boa/boayearend/CompensatingB...
www.mass.gov/Ador/docs/dls/boa/boayearend/CompensatingBalanceReport.DOC
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