Group Account definition

Group Account means the bank account established by the Group solely for the benefit of the Group and into which Administrator shall deposit the residual amounts to which the Group is entitled following the application of the priority of payments set forth in Section 7.6 below.

Group Account means the account, identified by an account number, established for two or more employers whose application to become liable for payments in lieu of contributions and for sharing the cost of benefits paid by them, has been approved by the department in accordance with Subsection E of Section 51-1-13 NMSA 1978.

Group Account means the accounts of condominiums, housing cooperatives, school savings associations and building societies;

Examples of Group Account in a sentence

• Any amounts which remain following the payment of the items set forth in subparagraphs (a) through (d) above shall be deposited into the Group Account on the fifteenth (15th) day following the end of each calendar month (or the first preceding day if the 15th day is not a business day).

• If Party A is considered as a Group Account according to the "Commercial Bank Group guidelines for customer credit risk management business", or other relevant laws and regulations.

• Such operations, not being separate entities, are accounted for in the council only accounts and are not separate entities for Group Account purposes.

• The Closing Group Account shall be prepared in the same manner as the 2000 Group Balance Sheet and in compliance with the representations and warranties contained in Section 2.4(c) hereof.

• Newco shall cooperate by providing access to data and personnel, as reasonably required by SCO to prepare the Closing Group Account.

More Definitions of Group Account

Group Account means your Group store of value, being the record maintained by the Bank of the amount of E-Money from time to time held by a Group micro enterprise in the Mobile Money System.

Group Account means, with respect to any Group, the account or accounts established pursuant to the related Group Supplement for the benefit of a Group of Notes.

Group Account means the Atlantic Group Account or the Liberty Street Group Account.

Group Account means a "deposit account" (as defined in Article 9 of the UCC) of a Managed Practice.

Group Account means the Blue Ridge Group Account, the Atlantic Group Account or the Jupiter Group Account.

Group Account means the bank account in the name of JM Flying Services at Lloyds Bank plc with sort code 30 94 51 and account number 00000000.

Group Account means the bank account established by Group solely for the benefit of Group and into which PIP shall deposit the monthly amounts pursuant to Section 6.1 below.