Equalization Account definition

Equalization Account is defined in Section 4.2 of the Pooling Agreement.

Equalization Account means the Common Investment Fund Equalization Account

Equalization Account shall have the meaning specified in subsection 4.2(d).

Examples of Equalization Account in a sentence

• The SSIP Equalization Benefit under this Subsection 3.02(a) shall be equal to the amount at the time of distribution credited to the Eligible Employee's subaccount of the SSIP Benefit Equalization Account as determined under Subsection 3.02(a)(iii).

• The SSIP Equalization Benefit under this Subsection 3.02(b) shall be equal to the amount at the time of distribution credited to the Eligible Employee's subaccount of the SSIP Benefit Equalization Account as determined under Subsection 3.02(b)(ii).

• However, except for mere clarifying amendments necessary to avoid an inappropriate windfall, no Plan amendment shall reduce the balance of a Participant’s ARC Equalization Account as of the date such amendment is adopted.

• An individual who is otherwise a Beneficiary with respect to a Participant’s ARC Equalization Account ceases to be a Beneficiary when all payments have been made from the ARC Equalization Account.

• Equalized Automatic Retirement Contributions shall be credited to a Participant’s ARC Equalization Account at the same time that the Participant’s Automatic Retirement Contributions under the Savings Plan are required to be allocated to the Participant’s Profit-Sharing Account under the Savings Plan (or as soon as administratively practicable thereafter).

More Definitions of Equalization Account

Equalization Account and into which funds will from time to time be transferred from the Master Collection Account to compensate for fluctuations in the Base Amounts for the outstanding Series and Purchased Interests; and

Equalization Account is defined in SECTION 4.2 of the Pooling Agreement.

Equalization Account shall refer to benefits related to the Savings Plan and the ESOP. Each plan year beginning January 1, 1994 and continuing for the term of this agreement, the equalization account shall be credited with the sum of (a) and (b) below:

Equalization Account means the account established by the Agent, for the benefit of the Company and the Bank Investors, pursuant to Section 2.5(b).

Equalization Account means an account of the Seller maintained at Fleet to which the Agent has sole access and which shall be pledged to the Purchaser for the benefit of the Purchaser and the Liquidity Banks into which funds are deposited in accordance with Sections 1.2, 1.6 and 1.7 hereof.

Equalization Account is defined in SECTION 4.01(c) of the Indenture.

Equalization Account has the meaning set forth in Section 1.1 of the Pooling and Servicing Agreement.