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How is Remaining Balance defined in a legal contract?

• Remaining Balance means the amount of money left in a user's account, including any remaining services such as call minutes or data, once the subscription period has ended. Seen in 5 SEC filings.
• Remaining Balance means the principal balance of a purchase loan, which includes any unpaid interest, which is outstanding immediately after the end of the performance period and any required prepayments. Seen in 3 SEC filings.
• Remaining Balance means the volume of a quota minus any volume correctly deducted under an interim agreement. Seen in 2 SEC filings.
• Remaining Balance means the balance of your accommodation fees applied to your account fortnightly according to a schedule. Payment of each fortnightly charge is required within 7 days of the charged date. Seen in 2 SEC filings.

Omitted definitions that include references to a specific company or organization.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Remaining Balance means the unspent amount in an account after specified time or event.

Relevant Contract Types

• Subscription Agreements
• Payment Agreements
• Loan Agreements
• Lease Agreements

Relevant Circumstances

• Subscription expiration
• End of a loan term
• After payments
• Lease termination

Relevant Sectors

• Financial Services
• Technology
• Real Estate
• Telecommunication

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Genie Definition 2

• Remaining Balance means the undeducted volume from an agreed upon quota.

Relevant Contract Types

• Supply Agreements
• Sales Agreements
• Service Level Agreements

Relevant Circumstances

• Product, service or resource distribution
• Quota fulfilment
• After usage or consumption

Relevant Sectors

• Manufacturing
• Retail
• Information Technology
• Energy

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