Cash Account Balance definition

Cash Account Balance means the amount standing to the credit of a Cash Account from time to time including any interest thereon.

Cash Account Balance. As of any date, the net amount of funds in the Cash Account on such date.

Cash Account Balance means, as of a given date, the sum of the Cash Contributions credited to a Participant's Account and not applied to the purchase of Program Shares.

Examples of Cash Account Balance in a sentence

• Purchaser shall notify the Sellers, via electronic or facsimile transmission, of the Cash Account Balance on each Business Day when the Cash Account Balance is greater than zero and on each Business Day on which a Transaction occurs hereunder.

• The Company shall pay to the Beneficiary or, if applicable, to the estate of the Director within thirty (30) days following the Director’s date of death (i) a lump sum cash payment equal to the value of his or her entire Cash Account Balance and (ii) a number of shares of Common Stock equal to the number of Stock Units credited to his or her Stock Unit Account, in each case as of the day preceding the distribution.

• Purchaser shall notify Seller, via electronic or facsimile transmission, of the Cash Account Balance on each Business Day when the Cash Account Balance is greater than zero and on each Business Day on which a Transaction occurs hereunder.

• In the event of a Change in Control of PWG, (i) all Transfer restrictions will immediately lapse on all Program Shares, (ii) all Cash Contributions will cease to be withheld from Participant Compensation and all purchases of Program Shares on behalf of a Participant will terminate and (iii) each Participant's Cash Account Balance will be paid to the Participant as soon as practicable following the date of the Change in Control.

• If a Participant chooses to withdraw from participation and, the Participant's Cash Account Balance as of the last Quarterly Participation Period in which the Participant is participating, equals or exceeds $300, then the Participant's Cash Account Balance shall be used to purchase Program Shares for that Quarterly Participation Period.

More Definitions of Cash Account Balance

Cash Account Balance means, with respect to a Participant, the sum of: (i) the Cash Deferral Account; (ii) the vested portion of the Company Matching Account balance; and (iii) the Rollover Account balance. This account, and each other specified account, shall be a bookkeeping entry only and shall be utilized solely as a

Cash Account Balance means, as to a Participant, that portion of his or her Account Balance which is attributable to his or her Base Annual Salary Account, Annual Bonus Account and Company Contribution Account."

Cash Account Balance means, in respect of any Interest Payment Date, the amount in EUR standing to the credit of the Cash Account, as determined by the Custodian on the Interest Determination Date, and as notified to the Calculation Agent and the Principal Paying Agent on such date. For the avoidance of doubt, for the purposes of the determining the Cash Account

Cash Account Balance means, with respect to a Participant, the sum of: (i) the Cash Deferral Account; and (ii) if applicable, the vested portion of the Company Matching Account balance. This account, and each other specified account, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

Cash Account Balance. The net amount of funds in the Cash Account.

Cash Account Balance means, with respect to any Participant as of any determination date, an amount denominated in U.S. dollars equal to the following as of such determination date (i) an amount equal to the principal and interest payments received by the Rabbi Trust on the Promissory Note, if any, to the extent held for the account of the Participant, plus (ii) an amount equal to any dividends on, or proceeds of sale of, the Shares received by the Rabbi Trust and allocated to the account of the Participant, less (iii) all cash distributions made to the Participant under the Plan.

Cash Account Balance means, in respect of any Interest Payment Date, the amount in EUR standing to the credit of the Cash Account, as determined by the Custodian on the Interest Determination Date, and as notified to the Calculation Agent and the Principal Paying Agent on such date. For the avoidance of doubt, for the purposes of the determining the Cash Account Balance in respect of the Final Interest Payment Date, the Cash Account Balance shall exclude (a) an amount equal to the proceeds of redemption of any of the First Securities that have been received by or on behalf of the Issuer and deposited in the Cash Account on or prior to the Final Interest Payment Date and (b) the proceeds of sale of the Second Securities that have been received by or on behalf of the Issuer and deposited in the Cash Account on or prior to the Final Interest Payment Date.