Cash Credit Account definition

Cash Credit Account means the account under which a Participant’s Cash Credits are recorded.
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Cash Credit Account means an account through which a co-operative agricultural society or company agricultural may, from time to time, during its currency as fixed by the board, draw moneys, from the bank and repay moneys, to the bank, so that the total amount owing to the bank under the cash credit account shall not at any one time exceed a maximum to be fixed by the board;
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Cash Credit Account means an account through which a co-operative society or company may, from time to time, during its currency as fixed by the Minister draw moneys from the fund and repay moneys to the funds, so that the total amount owing to the Government under the cash credit account shall not at any one time exceed a maximum to be fixed by the Minister;
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Examples of Cash Credit Account in a sentence

  • A Participant’s interest in his or her Deferred Stock Award Share Unit Account and Deferred Stock Award Cash Credit Account shall become nonforfeitable, or vest, as provided in the Deferred Stock Award Document.

  • Subject to the provision for adjustment hereinafter set forth, each Unit of Series B Preferred Stock shall entitle the holder thereof to one vote on all matters submitted to a vote of the holders of Common Stock of the Corporation.

  • At the end of each calendar year, or as of any other date designated by the Committee, each of a Participant’s Cash Credit Accounts described in Section 6.2(a) through (c) will be increased by Interest Credits, determined with respect to the average daily balance of each such Cash Credit Account during such year or relevant portion of the year.

  • A Participant’s Restricted Stock Cash Credit Account will be increased by an amount equal to the Hypothetical Dividends credited with respect to the Participant’s Restricted Stock Share Unit Account balance as of each of the Company’s dividend record dates.

  • At the time a Participant first made a Stock Option Deferral Election he or she elected whether distribution of his or her Stock Option Share Unit Account and Stock Option Cash Credit Account shall be made in the forms set forth in (i) or (ii) of Section 7.3(a).

  • A Participant’s Deferred Stock Award Cash Credit Account will be increased by an amount equal to the Hypothetical Dividends credited with respect to Participant’s Deferred Stock Award Share Unit Account balance as of each of the Company’s dividend record dates.

  • Further, a Participant’s Stock Option Cash Credit Account will be increased by an amount equal to the Hypothetical Dividends credited with respect to Participant’s Stock Option Share Unit Account balance as of each of the Company’s dividend record dates.

  • At the time a Participant first made a Stock Option Deferral Election he or she elected whether distribution of his or her Stock Option Share Unit Account and Stock Option Cash Credit Account shall commence at the times set forth in (i), (ii), or (iii) of Section 7.2(a).

  • At the time a Participant first made a Restricted Stock Deferral Election he or she elected whether distribution of the vested interest in his or her Restricted Stock Share Unit Account and Restricted Stock Cash Credit Account shall be made as (i) a single-sum payment, or (ii) a series of substantially equal quarterly, semiannual, or annual installments over a period of 2 to 10 years.

  • A Participant’s interest in his or her Restricted Stock Share Cash Credit Account shall be 100% nonforfeitable.


More Definitions of Cash Credit Account

Cash Credit Account means an account through which monies may, from time to time, during its currency as fixed by the board, be drawn from or repaid to the Bank, so that the total amount owing to the Bank under such account shall not at any time exceed a maximum amount to be fixed by the board;
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Cash Credit Account means the account under which a Participant's Cash Credits are recorded.
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Related to Cash Credit Account

  • Credit Account is modified to read “Grant Account”.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Borrower Account has the meaning specified in Section 2.11(a)(ii).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

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

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.