Beneficial Account definition

Beneficial Account means all accounts in the name of or for the benefit of an Employee, his or her spouse, dependent children or any person living with an Employee or to whom an Employee contributes economic support, as well as any other non-Company client account with respect to which an Employee exercises investment discretion or provides investment advice.
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Beneficial Account means all individually numbered accounts (i.e., meters) of one in- state retail end user eligible to receive monetary bill credits associated with the energy produced at a Customer Host account.1
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Beneficial Account means an in-state retail end user of an electric distribution company designated by a customer host or an agricultural customer host in such electric distribution company's service area to receive virtual net metering credits from a virtual net metering facility or an agricultural virtual net metering facility;
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Examples of Beneficial Account in a sentence

  • Customer shall be required to post Performance Assurance in the amount as specified on the Cover Sheet by the Effective Date to secure‌ 1 Refer to the Beneficial Account Credit Allocation Guideline for further guidance regarding re-designation of Beneficial Accounts.

  • Appendix C – Beneficial Account Credit Allocation Guidelines in the Program Rules provides more details on the Beneficial Account allocation process.


More Definitions of Beneficial Account

Beneficial Account means an Agricultural Beneficial Account, Municipal Beneficial Account, Municipal Critical Facility Beneficial Account, State Beneficial Account or State Critical Facility Beneficial Account as appropriate for the context of its usage. For all purposes pursuant to service under this rider a Municipal Beneficial Account must be an account of a Municipal Related Customer, and a State Beneficial Account must be the account of a State Related Customer, as defined below.
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Beneficial Account means an in-state retail end user of an electric distribution company designated by a customer host in such electric distribution company's service area to receive virtual net metering credits from a virtual net metering facility;
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Beneficial Account means an account maintained under the direction of the Investment Administrator which records a Participant’s interest in funds invested by such Participant in the Program in any of the Joint Account, an Individual Portfolio, or other investment vehicle.
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Beneficial Account means an account in the name of or for the benefit of an employee of the Fund or the Company (or of any company in a control relationship to the Fund or Company), his or her spouse, dependent children or any person living with an employee or to whom an employee contributes economic support, as well as any other non-Company client account with respect to which an employee exercises investment discretion or provides investment advice.
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Beneficial Account means an account maintained under the direction of the Investment Administrator which records a Participant’s interest in funds invested by such Participant in the Program in any of the Joint Account, NJ/TERM, or other investment vehicle.
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Beneficial Account means an in-state[retail] end user of an
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Related to Beneficial Account

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement.

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Global Certificate Any Private Certificate registered in the name of the Depository or its nominee, beneficial interests in which are reflected on the books of the Depository or on the books of a Person maintaining an account with such Depository (directly or as an indirect participant in accordance with the rules of such depository).

  • Direct Account : means any Account which is not an ISA Account.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Personal Account means any account owned by, or in the name of, an OppenheimerFunds Employee or Access Person in which Securities may be held or any such account in which an Employee (including an Access or Investment Person) has a Beneficial Interest.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.