Directed Account definition

Directed Account means that portion of a Participant’s interest in the Plan with respect to which the Participant has directed the investment in accordance with the Participant Direction Procedures.
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Directed Account means an Account, the investment of which is subject to Participant direction under Section 5.7.
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Directed Account means that portion of an Individual Investment Account composed of one or more of the subaccounts holding amounts described in Accumulated Total Defined Contributions over which investment control may be exercised in accordance with the Investment Policy.
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Examples of Directed Account in a sentence

  • The Trustee may update the value of any shares held in the Participant Directed Account by reference to the number of shares held by that Participant, priced at the market value as of the Valuation Date.

  • That portion of the interest of any Participant so directing will thereupon be considered a Participant's Directed Account.

  • That portion of the interest of any Participant so directing will thereupon be considered a Participant’s Directed Account.

  • Earnings or losses with respect to a Participant's Directed Account shall be allocated in accordance with Section 4.12.

  • Any costs and expenses related to compliance with the Participant's directions shall be borne by the Participant's Directed Account, unless paid by the Employer.

  • Such accounts that allow participants to trade more frequently (such as, for example, an "Individually Directed Account"), are Personal Securities Accounts for purposes of this Code.

  • To the extent that the assets in a Participant's Directed Account are accounted for as pooled assets or investments, the allocation of earnings, gains and losses of each Participant's Directed Account shall be based upon the total amount of funds so invested, in a manner proportionate to the Participant's share of such pooled investment.

  • To the extent that the assets in the Participant's Directed Account are accounted for as segregated assets, the allocation of earnings, gains and losses from such assets shall be made on a separate and distinct basis.

  • Earnings or losses with respect to a Participant’s Directed Account shall be allocated in accordance with Section 4.12.

  • Any costs and expenses related to compliance with the Participant’s directions shall be borne by the Participant’s Directed Account, unless paid by the Employer.


More Definitions of Directed Account

Directed Account means the sub-account maintained for each Participant as part of his or her Account to reflect the Participant’s election to direct the investment of his or her Account pursuant to § 14.3.
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Directed Account means that portion of a Participant's interest in the Plan with respect to which the Participant has directed the investment including any Participant who is treated as having directed the investment in accordance with Section 404(c)(5) of ERISA.
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Directed Account means the bank account set forth on Schedule IV or such other bank account set forth in a written notice from the Seller to the Administrative Agent and each Purchaser Agent; provided, if the “Directed Account” is a bank account owned by Covanta, any remittance by a Purchaser to the Directed Account shall constitute a payment by such Purchaser to the Seller for amounts payable by such Purchaser to the Seller hereunder and a simultaneous payment by the Seller to Covanta for amounts payable by the Seller to Covanta under the Covanta Purchase and Sale Agreement.
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Related to Directed Account

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Related Account means an Account with respect to which a new account number has been issued by the applicable Account Owner or the Servicer (a)(i) resulting from a lost or stolen credit or charge card relating to such Account (if such Account is a credit or charge card account) or (ii) under circumstances not requiring the standard application and credit evaluation procedures under the Credit Guidelines applicable to such Account, and (b) that can be traced or identified by reference to or by way of Schedule 1 to this Agreement and the computer or other records of the applicable Account Owner or the Servicer.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Protected Account An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

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

  • Nominated Account means any of the accounts nominated by you from time to time for use with phone banking, internet banking or Credit External payments.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

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

  • 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.

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

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

  • Lock-Box Account With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment income or gain thereon in accordance with the terms and provisions of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed on all reinvestment income or gain thereon.

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

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Deposit Account means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Controlled Account has the meaning specified therefor in Section 7(k).

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.