ESTABLISHMENT OF ACCOUNTS definition

ESTABLISHMENT OF ACCOUNTS. Each Participant will have an Account or Accounts established in the Participant's name, as of the Entry Date on which the Participant first becomes eligible to participate in the Plan, to which Employer contributions, if any, Participant contributions, if any, earnings, losses, and distributions made to or in respect of a Participant (as set forth in Section 1.1 of the Plan) will be credited or charged, as appropriate. The Committee also shall have the authority to establish and maintain any other Accounts necessary to carry out the provisions of the Plan.

Examples of ESTABLISHMENT OF ACCOUNTS in a sentence

  • ESTABLISHMENT OF ACCOUNTS; RELATED PROVISIONS ............................................................................................................

  • PART 5012‌ SAVINGS ACCOUNTS FOR MONEYS DUE CERTAIN BENEFICIARIES (Statutory authority: Education Law, §508 (13)) Section 5012.1 Establishment of accounts 5012.2 Interest 5012.3 Effect of establishment of accounts 5012.4 Payment of funds 5012.5 Release of liability 5012.6 Removal of legal disability 5012.7 Nomenclature Section 5012.1 ESTABLISHMENT OF ACCOUNTS.

  • EXTRAORDINARY PREPAYMENT 7 ARTICLE IV ESTABLISHMENT OF ACCOUNTS; APPLICATION OF SERIES 2022B CERTIFICATE PROCEEDS Section 401.

  • PROCEEDS OF SERIES 2017 BONDS; ESTABLISHMENT OF ACCOUNTS Establishment of Accounts.

  • EXTRAORDINARY PREPAYMENT 7 ARTICLE IV ESTABLISHMENT OF ACCOUNTS; APPLICATION OF SERIES 2020A CERTIFICATE PROCEEDS Section 401.

  • LOCAL WATER FUND13 SECTION 4.2. ESTABLISHMENT OF ACCOUNTS; APPLICATION OF REVENUES 1N LOCAL WATER FUND13 SECTION 4.3. MINIMUM MONTHLY BALANCE 15 SECTION 4.4. DEPOSITS INTO OPERATION AND MAINTENANCE RESERVE ACCOUNT 15 SECTION 4.5. APPLICATION OF MONEYS IN THE OPERATION AND MAINTENANCE RESERVE ACCOUNT 15 SECTION 4.6. OPERATION ACCOUNT 16 SECTION 4.

  • Chief Executive Office..........................47 ARTICLE SEVEN ESTABLISHMENT OF ACCOUNTS; DISTRIBUTIONS; RESERVE FUND............48 Section 7.01.

  • Phase 2 expanded permissions in order to enable students who engaged in programs during the spring, but were unable to complete them as a result of moving to remote learning, including occupational and professional programs that required specific in- person contact hours or certification processes in order complete their degrees and credentials.

  • ESTABLISHMENT OF ACCOUNTS 8 ARTICLE V MISCELLANEOUS PROVISIONS RELATING TO SERIES 2020A CERTIFICATES Section 501.

  • SECTION 4.2. ESTABLISHMENT OF ACCOUNTS; APPLICATION OF REVENUES 1N LOCAL WATER FUND.

Related to ESTABLISHMENT OF ACCOUNTS

  • Statement of Account means the Bank’s monthly or other periodic statement sent to the Cardholder showing particulars of the Current Balance payable to the Bank.

  • Establishment Date means the date on which a development area or a local development area is created. If the development area, local development area, development area plan, or local development area plan is modified or amended subsequent to the original establishment date, the modifications or amendments shall not extend the existence of the development area or local development area beyond what would be permitted under KRS 65.7041 to 65.7083 from the original establishment date;

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • establishment day means the day appointed under section 5;

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

  • educational establishment means any school, college or other educational body designated by the Minister by order either specifically or by reference to a class, for the purposes of this Act;

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Separate Accounts means the accounts which are to be prepared for each

  • Merchant Establishment means any company, establishment, firm or person, wherever located and in whatever form (including the Internet), which is designated as a MasterCard/VISA merchant and/or with whom there is an arrangement for a Cardholder to obtain goods, services or cash advances by use of the Card or Card number and includes any establishment displaying the MASTERCARD/VISA symbol which appears on the face of the Card.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Unit of account means the Special Drawing Right as defined by the International Monetary Fund.

  • Funeral establishment means that term as defined in section 1801 of the occupational code, 1980 PA 299, MCL 339.1801, and the owners, employees, and agents of the funeral establishment.

  • Retail establishment means any business facility that sells goods directly to the consumer whether for or not for profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, seasonal and temporary businesses.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Schedule of Accounts means an aged trial balance and reconciliation to the Borrowing Base in form and substance reasonably satisfactory to the Administrative Agent (which may at the Administrative Agent’s discretion include copies of original invoices) listing the Accounts of the Borrower, certified on behalf of the Borrower by a Duly Authorized Officer, to be delivered on a monthly basis to the Administrative Agent by the Borrower pursuant to Section 8.1(d) hereof.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Establishment means a single physical location where business is conducted or where services or industrial operations are performed. (For example: A factory, mill, store, hotel, restaurant, movie theatre, farm, ranch, bank, sales office, warehouse, central administrative office or governmental agency or subdivision thereof.) Where distinctly separate activities are performed at a single physical location (such as contract construction activities from the same physical location as a lumber yard), each activity shall be treated as a separate physical establishment, and a separate notice or notices shall be posted in each such establishment, to the extent that such notices have been furnished by the Occupational Safety and Health Administration, U.S. Department of Labor, or the division of labor services. Where employers are engaged in activities which are physically dispersed, such as agriculture, construction, transportation, communications and electric, gas and sanitary services, the notice or notices required by this rule shall be posted at the location to which employees report each day. Where employees do not usually work at, or report to, a single establishment, such as harbor workers, traveling salespersons, technicians, engineers, and similar personnel, such notice or notices shall be posted at the location from which the employees operate to carry out their activities. In all cases, such notice or notices shall be posted in accordance with the requirements of subrule 3.1(1).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Accounts means all presently existing and hereafter arising accounts, contract rights, and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower's Books relating to any of the foregoing.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Direct Account : means any Account which is not an ISA Account.