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.

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.

Examples of Directed Account in a sentence

TPMR assesses the Administration Custodial Fee 90 days after an Account is identified as Customer Directed Account.
You understand and agree that if your Account is designated a Customer Directed Account, it will be subject to an Administration Custodial Fee and that TPMR’s standard fee schedule will be applied.
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 account of any Participant that is subject to investment direction of such Participant will be considered a Participant Directed Account.
Borrower further agrees that if the loan proceeds are rejected by a Directed Account that is not Borrower’s designated bank account that Lender may deliver the loan proceeds into the designated bank account to satisfy our obligation of loan proceed delivery.
Borrower agrees to hold Lender and Lending Club harmless for any alleged or actual loss, claim, fee or other damage or expense Borrower may suffer related to the failure of a Directed Account to receive such proceeds if such failure was the result (directly or indirectly) of any error in any name, account, routing or other similar information provided by Borrower to Lender.
The Trustee may update the value of any shares held in a Participant Directed Account by reference to the number of shares held on behalf of the Participant, priced at the market value as of the Valuation Date.
The ability of a Participant to invest the assets of a Directed Account in Authorized Funds or in one or more Managed Accounts or a combination of both, as provided under the Investment Authorization.
As the Plan Administrator determines, a Participant- Directed Account may provide for a limited number and type of investment options or funds, or may be open-ended and subject only to any limitations imposed by applicable law.
Distribution of a Participant's Participant Directed Account may be made in-kind as determined by the Administrative Committee.

More Definitions of Directed Account

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.

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.