Crediting Account definition

Crediting Account means each and any corporate account you maintain with us which is linked to and used for the receipt and/or withdrawal of funds in connection with the DBS MAX Service.
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Crediting Account means each and any corporate account you maintain with us which is linked as we deem eligible for receiving funds from the DBS MAX Wallet of a specific Outlet via the DBS MAX Service.
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Crediting Account refers to Customer’s account opened and maintained with the Bank to be used as account awaiting credit of money received from billers. “Customer” refers to the holder of an Account.
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Examples of Crediting Account in a sentence

  • All Individual Accounts shall share in the Fund’s investment earnings or losses (but not earnings and losses experienced by the Crediting Account), based on the proportion of net income, gain, or loss which the net credit balance in such Individual Account (the Account Balance decreased by the outstanding balance of any Plan Loan) bears to the total net credit balance of all Individual Accounts (that is, the total Market Value of the Trust, disregarding all assets allocated to the Crediting Account).

  • The Crediting Account shall be held and accounted for separately from that portion of the Trust invested on behalf of Participants’ Individual Accounts.

  • Theassets maintained in the Crediting Account shall not be a part of an Individual Account nor an amount considered for valuation of an Individual Account unless credited on a Valuation Date for a purpose for which the Crediting Account is maintained.Amounts paid or contributed to the Fund that are not required to be allocated to a Participant’s Individual Account, or to be allocated among the Individual Accounts of all or any group of Participants, shall be allocated to the Crediting Account.

  • Any difference between the “A” determined under Section 2.4(e)(3) (without regardto this Section 2.10) and a Participant’s maximum Annual Addition as determined under this Section 2.10 shall be allocated to the Crediting Account.

  • The Board of Trustees shall have discretion to determinewhether to permit the Crediting Account to be used to satisfy other Plan obligations.

  • In the event the amount of Contributions actually paid by an Employer is insufficient to fund the Allocation Amounts for all of such Employer’s Employees and the Crediting Account allocation, Contributions shall be used first to credit Individual Accounts with the fullAllocation Amounts, and the amount allocated to the Crediting Account shall be reduced.

  • The Crediting Account allocation amount shall be determined with respect to each Employee, by multiplying the number of hours that Employee Worked in Covered Employment for the reporting month by the amount of two cents.

  • The Plan shall maintain a Crediting Account derived from Employer Contributions, forfeitures, and other miscellaneous unallocated Plan assets for the purpose of funding amounts for Qualified Military Service, unpaid Contributions, or other unfunded amounts.

  • The journey of many people with disabilities however is loaded with various layers of vulnerability.

  • For purposes of allocating income, gains, and losses to Individual Accounts,funds or other assets held in the Crediting Account, as well as any earnings, gains, or losses on those assets, will be disregarded.


More Definitions of Crediting Account

Crediting Account means the account established by Gatherer for each Shipper as of the date of this Agreement to track, record, and account for certain amounts under this
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Related to Crediting Account

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

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

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

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

  • Crediting Date means the date designated in the Adoption Agreement for crediting the amount of any Participant Deferral Credits or Employer Credits to the Deferred Compensation Account of a Participant.

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

  • Billing Account is the checking account from which all Service fees will be automatically debited.

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

  • 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.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • 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.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

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

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Holding Account means an account:

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

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

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

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

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Regular account means the account established for each active and inactive member un-

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Rounding Account Not applicable.