We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Account B definition

Account B means a bookkeeping account being administered for the benefit of a Participant under Paragraph 3.2, below, and any sub-accounts thereof.
Account B means a bookkeeping account being administered for the benefit of a Participant under Paragraph 3.2, below.
Account B. Sub-account B") shall contain all Sub-license Royalty Revenue. The Joint Venture shall allocate the costs and expenses of producing Battery Revenue to the Battery Revenue Account and the costs of producing Sub-license Revenue to the Sub-license Revenue Account in accordance with appropriate accounting principles and such other guidelines as the Board of Directors of the Joint Venture may establish. The revenue available for distribution to the Parties from the Battery Revenue Account and the Sub-license Revenue Account, and all other revenue or funds available to the Joint Venture for distribution to the Parties, shall be distributed to the Parties in accordance with the priority specified in the schedule set forth in Article 33.

Examples of Account B in a sentence

  • D.C. 20549 Re: John Hancock Life Insurance Company of New York Separate Account B File Nos.

  • Wisconsin Avenue Milwaukee, WI 53202 To The Board Of Trustees: In my capacity as General Counsel of The Northwestern Mutual Life Insurance Company (the “Company”), I have reviewed the establishment of The Northwestern Mutual Variable Annuity Account B (the “Account”), on February 14, 1968, by the Company’s Board of Trustees, as a separate account for assets applicable to certain variable annuity contracts, pursuant to the provisions of Section 206.385 of the Wisconsin Statutes of 1965, as amended.

  • The Separate Account (NML Variable Annuity Account B) has been established by the Company and is registered as a unit investment trust under the Investment Company Act of 1940.

  • For all purposes of this Plan, except as otherwise noted in this Plan, Account AA shall be treated in the same manner as Account A, and Account BB shall be treated in the same manner as Account B.

  • Schedule Effective Date June 1, 1998 Separate Account -------------------------------------------------------------------------------- Separate Account Variable Annuity Account B Charges to Separate Account A daily charge is deducted from any portion of the Account Value allocated to the Separate Account.

  • The undersigned has taken into account that (A) there is a risk of a loss of the Account, (B) the Account(s) may be relatively illiquid, and (C) funds so invested may not be readily available for payment of employee benefits if Client is an employee benefit plan or to Client’s beneficial owner if Client is an owner only retirement plan or Account.

  • If r < C\\l\\, and there are currently assets in the Transfer Account (B > 0), assets in the Transfer Account are transferred to the elected Sub-accounts in accordance with the "Transfer" section of the Rider.

  • American Skandia, as depositor, has registered, on behalf of Variable Account B, as registrant, the Annuities under the Securities Act of 1933 (the "Securities Act"), and has registered such account as a unit investment trust under the provisions of the Investment Company Act of 1940 (the "Investment Company Act"), to issue and sell the Annuities to the public through ASM, Inc.

  • This Agreement contains the entire agreement between the parties with respect to the underwriting and distribution of Annuities issued through Variable Account B, and supersedes any prior agreements or understandings with respect to the subject matter thereof, including, but not limited to, the Distribution and Sales Agreement previously executed by the parties, and may not be altered or amended except by an agreement in writing, signed by both parties.

  • Wisconsin Avenue Milwaukee, WI 53202 To The Board of Trustees: In my capacity as General Counsel of The Northwestern Mutual Life Insurance Company (the “Company”), I have reviewed the establishment of The Northwestern Mutual Variable Annuity Account B (the “Account”), on February 14, 1968, by the Company’s Board of Trustees, as a separate account for assets applicable to certain variable annuity contracts, pursuant to the provisions of Section 206.385 of the Wisconsin Statutes of 1965, as amended.


More Definitions of Account B

Account B shall have the meaning set forth in Section 2.6.
Account B means the Citibank accounts set up in the name of each of the Licensees to which any two signatories from either Online and/or Chong & Tan, as provided in Exhibit 3.7.2 attached to this Agreement, may sign for any banking transaction.
Account B means those assets attributable to the Employer Matching Contributions made on or after April 1, 1997.
Account B means Principal Mutual Life Insurance Company Separate Account B as described in Article II, Section 2.
Account B means the Citibank account set up in the name of Singapore Co. to which any two signatories from either Online and/or Singapore Co., see Exhibit 3.9.1 attached to this Agreement, may sign for any banking transaction.
Account B means those assets attributable to Employer Matching Contributions made on and after April 1, 1997.

Related to Account B

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Unallocated Account means the account maintained by us in your name on an Unallocated Basis pursuant to this agreement.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Account Bank means any of them.

  • Fund Custody Account means any of the accounts in the name of the Trust, which is provided for in Section 3.2 below.

  • Collection Accounts As defined in Section 3.10(a).

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;