Distribution Subaccount definition

Distribution Subaccount means a subaccount of a Non-Employee Director’s Option Dividend Equivalent Account established to separately account for Dividend Equivalents credited in the form of Stock Units with respect to each outstanding Option.
Distribution Subaccount means any subaccount established and maintained under a Participant's Stock Unit Account to separately account for Stock Units which are subject to different distribution elections made by the Participant.
Distribution Subaccount means a subaccount of a Non-Employee Director's Option Dividend Equivalent Account established to separately account for Dividend

Examples of Distribution Subaccount in a sentence

  • The Trustee shall deposit the amounts received from the Deposit Collateral Agent in respect of such Liquidated Damages into the Special Distribution Subaccount in the Collection Account to be distributed on the next upcoming Payment Date as contemplated in Section 8.04(b) hereof.

  • Disposition of the balance in this subaccount will be through the Distribution Cost Subaccount of the Core Fixed Cost Account (CFCA) and the Distribution Subaccount of the Noncore Customer Class Charge Account (NCA).

  • The Trustee shall deposit all amounts received from the Collateral Agent in respect of Liquidated Damages into the Special Distribution Subaccount established under the Pooling and Servicing Agreement.

  • Separate Scheduled Distribution Subaccounts may be established for amounts deferred with respect to different Plan Years, and deferrals during a particular Plan Year may be allocated only to one Scheduled Distribution Subaccount.

  • The GRCMA consists of the following two subaccounts: ELECTRIC DISTRIBUTION SUBACCOUNT: The purpose of the Electric Distribution Subaccount is to record the under or overcollection resulting from the difference between the GRC revenue requirement and corresponding rates in effect on January 1, 2020 and the final GRC revenue requirement for test-year 2020 and corresponding rates adopted by the Commission in a decision for A.18-12-009.The Electric GRCMA is effective January 1, 2020.

  • Once the Commission issues a decision in SCE’s 2006 GRC Phase 1 Proceeding, SCE will recover the recorded amounts in the Firestorm CEMA by transferring the balance to the Distribution Subaccount of the BRRBA.

  • Edison will recover the resulting revenuerequirement by transferring the balance in its Catastrophic Event Memorandum Account (CEMA) to the Distribution Subaccount of its Base RevenueRequirement Balancing Accou nt following a final decision in its pending 2006 general rate case, Application (A.) 04-12-014.

  • Starting on January 1, 2022, the Electric Distribution Subaccount will track the difference between the electric distribution revenue requirement resulting from the current authorized cost of capital and the electric distribution revenue requirement resulting from the final cost of capital adopted in the decision on the 2022 COC Application.

  • This account is comprised of four subaccounts: The Third-Party Electric Distribution Subaccount tracks financial risk transfer costs paid to third parties associated with the purchase of up to $1.4 billion of risk transfer coverage in total compared to adopted amounts that are allocated to the electric distribution function.

  • A debit entry equal to the reallocated adopted expenses between the Distribution Subaccount, Main Transmission Subaccount, and LT Subaccount based on the ratio of actual expenses in the three subaccounts compared to total actual expenses.


More Definitions of Distribution Subaccount

Distribution Subaccount means a subaccount of an Eligible Director's Account established to separately account for deferred Compensation and Special Meeting Fees (and Dividend Equivalents or other earnings or losses thereon) that are subject to different distribution elections.
Distribution Subaccount means any subaccount established and
Distribution Subaccount means any subaccount established and maintained under a Participant's Deferred Share Account to separately account for Deferred Shares which are subject to different distribution or manner of payment elections made by the Participant.
Distribution Subaccount means any subaccount established and maintained under a Participant's Stock Unit Account to separately account
Distribution Subaccount means any subaccount of a Participant's Stock Unit Account established to separately account for Stock Units which are subject to different distribution elections.

Related to Distribution Subaccount

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

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