Accrual Account means a bookkeeping account maintained for each Participant which will reflect the sum of each deferral plus interest payable at the Applicable Rate, compounded annually, on the original amount of deferral less Interim Distributions, if any.
Accrual Account means any rebate accrual account and any ship-through credit accrual accounts maintained on the general ledger or other books and records of any Originator but excluding the Professional Rebate Accrual Reserve Account.
Accrual Account means any of the following accrual accounts maintained by any Originator, and any similar rebate accrual account maintained on the general ledger or other books and records of any Originator: US Food and Industrial Rebate Accrual Account H&H Buyback and Support Accrual Account H&H Distributor Rebate Accrual Account Cracker Barrel Cost Ceiling Accrual Account H&H Corporate Rebates Accrual Account H&H Cost Ceilings Accrual Account Butchers Volume Rebate Accrual Account Xxxxx Xxxxxxx Brand Business Development Fund Account School Bid Rebates Accrual Account, each of the rebate accrual accounts and the ship-through credit accrual accounts (by whatever name) maintained by JD-UK, and the rebate accrual account (by whatever name) maintained by JD-Italy, but excluding the Professional Rebate Accrual Reserve Account.
Examples of Accrual Account in a sentence
If the Performance Fee Accrual Account is a negative dollar amount as of the end of the Calculation Period, the Performance Based Fee will be zero.
In the event of a complete withdrawal of Managed Account assets at a time when the Performance Fee Accrual Account contains a negative balance, the final Performance Based Fee will be zero.
The Company shall use the Participant's Crediting Option designations as the basis for calculating the Adjustment component of each Deferral and Accrual Account.
In the event of a complete withdrawal of Managed Account assets, the final Performance Based Fee will be equal to the entire Performance Fee Accrual Account, if such Account contains a positive balance.
If the Performance Fee Accrual Account is less than 4.8 percent of such aggregate Managed Account assets but greater than zero as of the end of the Calculation Period, the Performance Based Fee will be equal to 2.5 percent of the Performance Fee Accrual Account.
More Definitions of Accrual Account
Accrual Account is defined in the Receivable Funding Documents.
Accrual Account means an account maintained with respect to each Limited Partner Unit to which shall be credited (except as otherwise provided in the last sentence of this paragraph) on a monthly basis an amount, calculated as if interest at a per annum rate equal to the Prime Rate (as said rate may change from time to time), plus one percentage point, on the average daily balance of such Limited Partner Unit's Unpaid Distribution Account, and from which shall be debited the amount of any distributions of available Cash or Capital Transaction Proceeds with respect to such Accrual Account pursuant to clause (i) of Section 5.1.1 or clause (i) of Section 5.1.2 hereof. The amount to be credited to each Accrual Account shall be cumulative and shall compound annually, if unpaid.
Accrual Account means any of the following accrual accounts maintained by any Originator, and any similar rebate accrual account maintained on the general ledger or other books and records of any Originator: Polymer Accrual Reserve Account US Food and Industrial Rebate Accrual Account H&H Buyback and Support Accrual Account H&H Distributor Rebate Accrual Account Cracker Barrel Cost Ceiling Accrual Account H&H Corporate Rebates Accrual Account H&H Cost Ceilings Accrual Account Butchers Volume Rebate Accrual Account Xxxxx Xxxxxxx Brand Business Development Fund Account School Bid Rebates Accrual Account, but excluding the Professional Rebate Accrual Reserve Account.
Accrual Account means account number 12330-52385 established by the Borrower pursuant to Section 6.01(e) of the Funding Agreement and maintained by the Borrower at the Accrual Account Bank, which account shall be subject to an Accrual Account Agreement.
Accrual Account means the “Accrual Account” set forth on Schedule 4.01(q) to the Funding Agreement, established by the Borrower pursuant to Section 6.01(e) of the Funding [*] Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to omitted portions. Confidential Treatment Requested Agreement and maintained by the Borrower at the Accrual Account Bank, which account shall be subject to an Accrual Account Agreement.
Accrual Account means an account maintained with respect to each Class A Limited Partnership Unit to which shall be credited on a monthly basis an amount, calculated like interest at a per annum rate equal to the Prime Rate (as said rate may be adjusted from time to time), plus one percentage point, on the average daily balance of such Class A Limited Partnership Unit's Unpaid Distribution Account, and from which shall be debited the amount of any distributions pursuant to Section 5.1(i) and Section 13.2(a)(3) to the extent attributable to the Accrual Account. The amount to be credited to each Accrual Account shall be cumulative and shall compound annually if unpaid. Notwithstanding the foregoing, there shall be no further credits to the Accrual Account with respect to a Class A Limited Partnership Unit from and after the date that there has been a Step-Up Event (as defined in the following sentence) with respect to such Class A Limited Partnership Unit. As used herein, a Step-Up Event shall be deemed to have occurred with respect to any Class A Limited Partnership Unit when the basis of such Class A Limited Partnership Unit for federal income tax purposes is adjusted to "fair market value" by reason of a transfer for value, death, or otherwise.
Accrual Account means the “Accrual Account” set forth on Schedule 4.01(q) to the Funding Agreement, established by the Borrower pursuant to Section 6.01(e) of the Funding Agreement and maintained by the Borrower at the Accrual Account Bank, which account shall be subject to an Accrual Account Agreement.