Distribution Subaccounts definition

Distribution Subaccounts means the subaccount of a Participant's Deferral Account and/or Stock Account established separately to account for deferred compensation which is subject to different distribution elections.
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Distribution Subaccounts means the sub- accounts of a Participant's Deferral Account and Company Matching Account relating to Plan Years beginning before January 1, 1997 established to separately account for deferred Compensation and Company Matching Accounts (and earnings or losses thereon) which were subject to different distribution elections. Effective January 1, 1997, Distribution Subaccoun- ts shall cease to exist, and the amounts formerly allocated thereto shall be reallocated and distributed as set forth in Section 4.3.
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Distribution Subaccounts means the subaccount of a Participant's Deferral Account and/or Stock Account established separately to account for deferred Salary and/or Bonus which are subject to different distribution elections.
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Examples of Distribution Subaccounts in a sentence

  • The distribution revenue requirements are recorded in the Distribution Subaccounts of the CFCA and NCA.

  • The balance is recovered through the Distribution Subaccounts of the CFCA and NCA.

  • Should it have a balance, it would be recovered through the Distribution Subaccounts of the CFCA and NCA.

  • This account is comprised of three types of subaccounts: The Electric Distribution Subaccounts (one expense and one capital) track actual expenses and the capital revenue requirement associated with actual capital expenditures incurred up to 115 percent of the expense and capital expenditures adopted amounts as allocated to the electric distribution function.

  • Any such amounts are tracked separately for subsequent review and approval by the Commission.This account is comprised of three types of subaccounts:The Gas Distribution Subaccounts (one expense and one capital) track actual expenses and the capital revenue requirement associated with actual capital expenditures incurred up to 115% of the expense and capital expenditures adopted amounts as allocated to the gas distribution function.

  • For each Eligible Director who makes one or more distribution elections pursuant to this Section 5.5(a), each of his or her Accounts shall be divided into two or more Distribution Subaccounts as necessary to separately account for deferrals which are payable at different times and/or in different manners.

  • This account is comprised of the following subaccounts: The Gas Distribution Subaccounts (one expense and one capital) track actual expenses and the capital revenue requirements associated with actual capital expenditures incurred up to the total adopted amounts for the GRC funding cycle allocated to the gas distribution function.

  • Work with contract monitors, program area partners and other department staff such as the finance division regarding financial issues pertaining to the contracts under the Offender Success Administration.

  • For purposes of calculating installments, the Eligible Director's vested Accounts (and Distribution Subaccounts if applicable) will be valued as of December 31 of each year, and divided by the number of remaining installments to determine the amount of the installment to be paid in the following year.

  • Prior to January 1, 1997, each Participant's Deferral Account and each Participant's Company Matching Account was divided into Distribution Subaccounts as necessary to account for the amounts payable under different distribu- tion options elected by a Participant with respect to compen- sation deferred for Plan Years beginning before January 1, 1997.


More Definitions of Distribution Subaccounts

Distribution Subaccounts means the sub- accounts of a Participant's Deferral Account and Company Matching Account relating to Plan Years beginning before
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Distribution Subaccounts means the
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Related to Distribution Subaccounts

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • 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.

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

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

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • 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).

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

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Companion Distribution Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

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

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.