Account Values Sample Clauses

Account Values. The value of an Account for all purposes of this Plan -------------- shall be its value as of the prior Valuation Date, adjusted on a pro rata basis on the value of the Account for gains or losses of the Trust Fund, for the period between the prior Valuation Date and the business day immediately preceding the date in question. Earmarked investments credited or debited to an Account under Section 6.3 shall be valued at their fair market value, which shall be the outstanding balance of principal and interest of each loan and the cash surrender value of any policies of insurance owned in such Account on the business day immediately preceding the date in question.
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Account Values. The Plan Administrator shall arrange to have the Accounts of Participants adjusted as of the end of each Valuation Date. The Accounts of Participants shall be maintained on the basis of dollar values, or units or shares that may be converted to dollar values. Pursuant to such accounting procedures as shall be adopted by the Plan Administrator on a uniform and nondiscriminatory basis, Participants’ Accounts will be adjusted on each Valuation Date to reflect the adjusted net worth (as defined below) of the Investment Funds in which such Accounts have an interest and to reflect any earnings, losses, distributions, withdrawals, contributions and other receipts or disbursements, including any Forfeitures, (determined on a cash basis) since the previous Valuation Date. The “adjusted net worth” of an Investment Fund shall mean the then-net worth of that Investment Fund as determined by the Trustee or Investment Manager, as the case may be, in accordance with the provisions of the Trust Agreement.
Sample 1
Account Values 
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Related to Account Values

  • Account Value The term “Account Value” is defined as the policy value determined in accordance with the terms of the Annuities.

  • Annuity Unit Value The initial Annuity Unit Value for each Subaccount was arbitrarily set at $10 on the Business Day the Subaccount began operations. At the end of each subsequent Business Day, the Annuity Unit Value for each Subaccount is equal to (A x B) x C, where:

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Net Deposits As an administrative convenience, unless the Servicer is required to remit collections within two Business Days of the Posted Date, the Servicer will be permitted to make the deposit of collections net of distributions, if any, to be made to the Servicer with respect to the Collection Period. The Servicer, however, will account to the Trustee, the Indenture Trustee, the Noteholders and the Certificateholders as if all deposits, distributions and transfers were made individually.

  • FIXED ACCOUNT An account that is part of SBL's General Account. SBL guarantees that it will credit interest on Contract Value allocated to the Fixed Account at an annual rate at least equal to the Guaranteed Rate set forth on page 3.

  • Cash Accounts The Custodian will open and maintain in the name of the Client one or more cash deposit accounts (each a “Cash Account”) in such currencies as may be required in connection with the investment activity of the Client.

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

  • Valuation Date The value of the Collateral shall be determined on the date of the Buy-In (or the payment made pursuant to Section 6.2 below).

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

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