Accumulated Account definition

Accumulated Account means the total value of an employee's Accounts as of the Valuation Date which coincides with or immediately precedes the Determination Date. Accumulated Accounts includes:
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Accumulated Account means the account held by each Participant in the Organization’s Retirement Fund.
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Accumulated Account means the total value of an Employee’s Accounts under the Plan and the accounts, or present value of accrued benefits, under any other plan in the Required Aggregation Group, as of the Valuation Date which coincides with or immediately precedes the Determination Date. Accumulated Accounts includes:
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Examples of Accumulated Account in a sentence

  • Accumulated Account balances subject to an investment fund election under Section 5.2(b) shall be deemed invested in the applicable investment fund as of the effective date of such election.

  • Accumulated Account balances subject to an investment fund Election under Section 5.2.2 shall be deemed invested in the applicable investment fund as of the effective date of such Election.

  • The Retiree’s Annuity Reserve is credited with the employees’ accumulated contributions upon retirement or payment of survivor’s benefits, amount determined by actuary from the Employers’ Accumulated Account for payment of pensions, and cost of living increases for retirees.

  • Accumulated Account balances subject to an -16- investment fund election under Section 5.2(b) shall be deemed invested in the applicable investment fund as of the effective date of such election.

  • Participant's Accumulated Account is, for a Participant on his Annuity Commencement Date, the number of accumulation units in such Participant's Individual Account on such date plus the number of accumulation units determined by multiplying the Participant's Vesting Percentage on such date by the number of accumulation units in the Employer's Participant Account for such Participant on such date.

  • The Tables contained herein show the dollar amount of the first monthly payment which can be purchased with each $1,000 of value in the Participant's Accumulated Account, after deduction of any applicable premium taxes.

  • A Policy Fee consisting of R1,50 per month plus R0,60 per contribution payment will also be debited against the Accumulated Account.

  • If Employee’s employment with the Company is terminated prior to the Employee attaining age fifty-five (55), but after ten (10) years of employment with the Company, Employee shall only be entitled to purchase the Accumulated Account Value of the key man insurance policy or policies maintained by the Company on the life of Employee under this plan for a price equal to the accumulated cash value as of the next anniversary date of the policy.

  • The valuation of investment properties was brought forward without amendment from the audited financial statements for the year ended 31 December 2019.

  • Prior to a Participant's Annuity Commencement Date, the Participant may file a written request with the Company at its Home Office on a form satisfactory to the Company to select one of the Optional Variable Annuity Settlements, and on the date such annuity is to commence, the Company shall apply all accumulation units then in the Participant's Accumulated Account to provide a Variable Retirement Annuity on the selected settlement.

Related to Accumulated Account

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • 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).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

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

  • Investment Account As defined in Section 3.12(a).

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

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

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

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • 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.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • REO Account The account or accounts maintained by the Master Servicer in respect of an REO Property pursuant to Section 3.23.

  • Reinvestment Deferred Amount with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.10(b) as a result of the delivery of a Reinvestment Notice.

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Excess Reserve Fund Account The separate Eligible Account created and maintained by the Trustee pursuant to Sections 3.07(b) and 3.07(c) in the name of the Trustee for the benefit of the Regular Certificateholders and designated "Deutsche Bank, National Trust Company in trust for registered Holders of Morgan Stanley ABS Capital I Inc. Trust 2006-HE3, Mortgage Pass-Through Xxxxxfxxxxxx, Series 2006-HE3." Funds in the Excess Reserve Fund Account shall be held in trust for the Regular Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested.

  • Controlled Account means each deposit account and securities account that is subject to a Qualifying Control Agreement.

  • Accumulated contributions means the sum of all