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 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.

Examples of Group Account in a sentence

  • In the event Broker/Agent requests the local A ssociate to participate in enrolling Members in a specific Group Account or Assigned Group Account, Broker/Agent’s compensation shall be modified as set forth in the attached Schedule of Commissions in order to allow commissions to be paid to the LS Associate.

  • If the Group Account is assigned to Broker/Agent by LS (“Assigned Group Account”), then and in that event, Broker/Agent recognizes and acknowledges that membership sales from any such Assigned Group Account remains the sole property of LS.

  • Bank details are as follows:- Trading name: Little Learners Nursery Group Account number: 00000000 Please use your child’s full name as a reference.

  • Payment Paying direct deposit Bank Details: The Community Mutual Group Account Name: Armidale Showground Trustees BSB: 932000 Account No: 742515 Paying by cheque Please make your cheque out to: The Armidale Showground Trust, and post to: The Armidale Showground Trust PO Box 826 Armidale NSW 2350 Paying by Credit Card Please contact the Caretaker on 0400 639 630 to arrange payment.

  • Funds availability policies (i.e. your ability to access and use the funds) are defined by the financial institution where the Recipient Account resides.


More Definitions of Group Account

Group Account means the accounts of condominiums, housing cooperatives, school savings associations and building societies;
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 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 and includes the accounts described as such in the intimation given by the "Borrower" to the "Lender"from time to time and accepted by the "Lender".
Group Account means a customer account for solid waste collection services that provides for collection of waste from multiple residential customers regardless of the method by which such services are contracted or arranged. An account for solid waste collection services arranged by a single property owner for collection of waste from multiple locations owned by that property owner shall not constitute a “group account” for the purposes of this chapter.
Group Account means the Blue Ridge Group Account, the Atlantic Group Account or the Jupiter Group Account.
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.