individual accounts definition

individual accounts means the accounts required by article 167;

individual accounts means accounts prepared in accordance with section 226 of the Companies Act 1985;

individual accounts means accounts of the manufacturer or supplier prepared in accordance with section 394 of the Companies Act 2006;

Examples of individual accounts in a sentence

• If we propose a change requiring Contract Holder consent and the Contract Holder does not agree to the change, we have the right to not establish new Individual Accounts and to stop accepting Contributions to existing Individual Accounts.

• All amounts under the Individual Account(s) maintained under the Contract or Certificate shall be fully vested under this Paid Up Annuity as of the date of termination of the Employer's 403(b) Plan.

• A SWO payment will be calculated on the Individual Account's Current Value.

• A change to Annuity options or the mortality table used to calculate payment rates will not apply to Individual Accounts established before the date the change becomes effective.

• Any such change will apply only to guaranteed terms offered in deposit periods after the date the change becomes effective and will apply to existing and new Individual Accounts.

More Definitions of individual accounts

individual accounts. The account or certificate is owned by the party named on the Account Agreement. Upon the death of the party, the interest of the party will pass, subject to applicable law, to the decedent's estate or payable on death beneficiary, if applicable.

individual accounts means Participants' Individual Fund Accounts and/or Individual Shares Accounts.

individual accounts. An individual account is an account owned by one member qualified for Credit Union membership. If the account owner dies, the interest passes, subject to applicable law and provisions of this agreement to the decedent’s estate or In-Trust-For (ITF) beneficiary.

individual accounts means the accounts of an individual company prepared in accordance with section 226 of and Schedule 4 to that Act or section 255 of and Part I of Schedule 9 to that Act.

individual accounts means financial accounts maintained with a Reporting Financial Institution by individuals.

individual accounts means the individual unaudited balance sheet, profit and loss account, cash flow statement (if applicable) and the notes thereto for the 12 month period ended 31 December 2011 in relation to Company and OTL;

individual accounts means accounts prepared in accordance with section 394 of the Companies Act 2006;