Stock Account definition

Stock Account means the account established by the Company for each Participant, the performance of which shall be measured by reference to the Market Value of Common Stock. The maintenance of individual Stock Accounts is for bookkeeping purposes only.

Examples of Stock Account in a sentence

  • In addition, we irrevocably authorise you to act on any instructions or notices issued by SEOCH with respect to the CCMS Collateral Account and the Pledged Securities in your Stock Account in accordance with the Deed of Charge.

  • Notwithstanding the foregoing assignment, you shall continue to deal with us in respect of any transfer of securities held by you for us in your Stock Account (as defined in the General Rules of CCASS) maintained with Hong Kong Securities Clearing Company Limited to the CCMS Collateral Account and in respect of any securities transferred from the CCMS Collateral Account to your Stock Account until you have received written notice to the contrary from SEOCH.

  • Following receipt of such notice from SEOCH, you shall hold all securities and sums that are transferred from the CCMS Collateral Account to your Stock Account (“Pledged Securities”) to the order of SEOCH and pay or release such securities or sums only in accordance with SEOCH’s instructions.

  • In addition, we irrevocably authorise you to act on any instructions or notices issued by SEOCH with respect to the CCMS Collateral Account and our Stock Account (where such instructions or notices relate to Pledged Securities) in accordance with the Deed of Charge.

  • Notwithstanding the foregoing assignment, you shall continue to deal with us in respect of any transfer of securities from our Stock Account (as defined in the General Rules of CCASS) maintained with you to the CCMS Collateral Account and in respect of any securities transferred from the CCMS Collateral Account to our Stock Account until you have received written notice to the contrary from SEOCH.


More Definitions of Stock Account

Stock Account means the bookkeeping account maintained for each Participant to record certain amounts deferred by the Participant in accordance with Article IV hereof.
Stock Account means an account by that name established pursuant to Section 8. The maintenance of Stock Accounts is for bookkeeping purposes only.
Stock Account means a brokerage account as contemplated by Section 8.
Stock Account means an account established under the Plan for a Non-employee Director to which shares of stock have been or are to be credited in the form of phantom common stock, including the Olin Stock Account and the Arch Stock Account.
Stock Account means an account by that name established pursuant to Article III, Section 1.
Stock Account means, with respect to each Participant, the number of whole shares of Common Stock credited under this Plan to the Participant's account. Dividends with respect to shares of Common Stock credited to a Participant's Stock Account shall be paid to the Participant and shall not be held in either the Participant's Stock Account or Payroll Deduction Account.
Stock Account means an account within a member account in CREST to which a holding of a particular share or other security in CREST is credited;