Fiduciary Accounts definition
Fiduciary Accounts. With respect to certain retirement plans or accounts (such as individual retirement accounts ("IRAs"), SIMPLE IRAs, SEP IRAs, ▇▇▇▇ IRAs, ▇▇▇▇▇▇▇▇▇ Education Savings Accounts, and 403(b) Plans (such accounts, "Fiduciary Accounts"), the Transfer Agent, at the request of the Fund, shall arrange for the provision of appropriate prototype plans as well as provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial services to be provided by State Street Bank and Trust Company (the "Bank"), account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.
Fiduciary Accounts. This type of account may be opened by a duly authorized and appointed agent. The fiduciary of the account hereby certifies that the funds that are offered to the Bank in accordance with the fiduciary relationship for placement in an account, and any funds that are later placed in the same account, are funds that are properly within the fiduciary's custody that may be lawfully invested in or placed in an account at the Bank in accordance with the authority duly vested in the fiduciary.
Fiduciary Accounts means all the accounts within the Personal Trust Business:
Examples of Fiduciary Accounts in a sentence
To the extent applicable and not superseded by this section, the terms and conditions governing those types of accounts for individuals, as described elsewhere in this Agreement, govern Fiduciary Accounts.
We reserve the right not to allow certain accounts to be opened as Fiduciary Accounts.
This Agreement shall be binding upon and inure to the benefit of the Credit Parties, the Administrative Agent and the Lenders, all future holders of the Notes, and their respective successors and assigns, except that the Credit Parties shall not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Lender.
Fiduciary Accounts Any individual acting as an agent, guardian, personal representative, trustee, custodian or in some other fiduciary capacity (collectively the “Fiduciary”) must be designated as such on the Bank’s account records.
Certificates of Deposit We reserve the right not to allow certain accounts to be opened as Fiduciary Accounts.
More Definitions of Fiduciary Accounts
Fiduciary Accounts means all the accounts within the Personal Trust Business:
(i) under which Colonial acts or has been named to act as the administrator, co-administrator, executor, co-executor, trustee or co-trustee of or in respect to any estate or trust, guardian of any person or estate that is being administered under applicable Legal Requirement; or
(ii) arising from Colonial having been named or designated as personal representative in any last will and testament or other writings whenever executed, whether probated or not.
Fiduciary Accounts means bank accounts with the Lenders, including, without limitation, those listed on Schedule 7.21, in which funds are primarily held by the Borrower or its Subsidiaries in a fiduciary capacity.
Fiduciary Accounts means payroll, payroll tax, employee wage and benefit payment and other similar fiduciary accounts.
Fiduciary Accounts shall have the meaning assigned to such term in the Cash Collateral and Disbursement Agreement.
Fiduciary Accounts means any deposit or trust account into which only governmental funds are deposited or credited and held by an institution as fiduciary for the benefit of students, including Title IV Trust Accounts (including Direct Loan accounts) and PHEAA accounts or other similar State grant accounts.
Fiduciary Accounts means the Fiduciary Relationship listed on Schedule 1.34.
Fiduciary Accounts. (over which accounts a member of the Barneys Group has dominion and control and the Administrative Agent does not have dominion and control), the trust account listed on Schedule 9.16 under the heading "Administrative Claims Trust Account" (over which accounts a member of the Barneys Group has dominion and control and the Administrative Agent does not have dominion and control), the Blocked Accounts, the Concentration Account and the Cash Collateral Account, no member of the Barneys Group shall open any deposit or payable account with any Person. No member of the Barneys Group shall authorize or direct any Person to take any action with respect to amounts deposited in the Blocked Accounts or the Concentration Account in contravention of the provisions hereof. The Borrowers shall not maintain balances in the accounts set forth on Schedule 9.16 under the heading "Deposit Accounts" in an aggregate amount for all such Deposit Accounts in excess of $3,125,000. The Borrowers shall not maintain balances in the accounts set forth on Schedule 9.16 under the heading "Fiduciary Accounts" in an aggregate amount for all such Fiduciary Accounts in excess of $4,000,000. The Borrowers shall not maintain balances in the accounts set forth on Schedule 9.16 under the heading "Administrative Claims Trust Account" in an aggregate amount for all such Administrative Claims Trust Accounts in excess of $6,000,000 at any time from the date hereof to January 27, 2000 and, thereafter, in an amount in excess of $4,000,000; provided that all amounts exceeding $4,000,000 in such accounts on January 27, 2000 shall be deposited by the Borrowers into the Concentration Account on such date.