Contribution Account definition

Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.
Contribution Account means an account established for each Participant to which payroll deductions under the Plan are credited in accordance with Section 7.
Contribution Account means the account established on behalf of a Participant pursuant to Article IV hereof to which shall be credited his or her Participant Contributions.

Examples of Contribution Account in a sentence

  • Any income earned on amounts deposited in the Contribution Account shall be deposited in the Interest Collection Account as Interest Proceeds.

  • Each accepted Contribution shall be deposited into the Contribution Account and applied by the Asset Manager on behalf of the Issuer to a Permitted Use, as directed by the Asset Manager.

  • The only permitted withdrawals from or application of funds or property on deposit in the Contribution Account shall be in accordance with the provisions of this Indenture, including to a Permitted Use at the written direction of the Asset Manager.

  • The Contribution Account described in Section 10.3(h) will be established no later than the time that the related Contribution is made as described in Section 11.2.

  • Eligible Investments deposited in the Contribution Account must mature no later than the next Business Day.


More Definitions of Contribution Account

Contribution Account. The account established pursuant to Section 10.3(f).
Contribution Account. The meaning specified in Section 10.3(f) (Transaction Accounts).
Contribution Account means the account established pursuant to Section 10.1(b) and described in Section 10.3(i).
Contribution Account in relation to a Member, means an account with the Scheme into which (a)Mandatory Contributions and Voluntary Contributions (if any) are paid in respect of any current employment or current self- employment of the Member;(b)special contributions (if any) are paid in respect of the Member prescribed in Part IIIA of the Ordinance and ( c) Smart Easy Personal Contributions (if any) are paid in respect of the Member pursuant to Clause 29A;
Contribution Account means a trust account (account number 00000000 at the Account Bank) in the name of the Borrower (which account may have subaccounts to receive collections in currencies other than Dollars).
Contribution Account means a bookkeeping account established for each Participant for the purpose of tracking Contributions made by such Participant during the Offering Period.
Contribution Account means any Defined Contribution Account or Defined Benefit Account and “Contribution Accounts” means, collectively, all Defined Contribution Accounts and all Defined Benefit Accounts.