Household Accounts definition

Household Accounts means Client’s individual and joint accounts and accounts related to Client that share the same address and, at Client’s request, are consolidated for statement mailing purposes.
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Household Accounts means Client’s individual and joint accounts and accounts related to Client that share the same address and, at Client’s request, are consolidated for statement mailing purposes. $0 TO $19,999 2.750% 2.125% 1.375% 0.750% $20,000 TO $49,999 2.250% 1.625% 1.000% 0.625% $50,000 TO $99,999 1.625% 1.125% 0.625% 0.250% The following table shows the Specified Percentages based on various ranges of debit balances and Household Account values. The applicable interest rate charged on Client’s outstanding debit balance in each of Client’s Margin Accounts is calculated by adding the Specified Percentage to the Base Rate (please note that when the Specified Percentage is negative, the applicable interest rate will be less than the Base Rate). HIGHEST DEBIT BALANCE HOUSEHOLD ACCOUNT VALUE (AFTER NETTING AGGREGATE DEBIT BALANCES) $100,000 TO $249,999 1.000% 0.625% 0.250% 0.125% $250,000 TO $499,999 N/A 0.375% 0.125% -0.125% $500,000 TO 999,999 N/A 0.125% -0.125% -0.375% $1,000,000 TO $1,999,999 N/A N/A -0.375% -0.625% $2,000,000 AND ABOVE N/A N/A N/A -0.750% As an example, if Client has four Baird Household Accounts with values of $800,000, $500,000, $100,000 and $25,000 (for a total of $1,425,000), and two of those accounts are Margin Accounts with outstanding debit balances of $400,000 and $150,000 (for a total of $550,000), the net Household Account Value after subtracting the aggregate outstanding debit balances is $875,000, and the highest debit balance is $400,000. Thus, applying the table above, the Specified Percentage for the two Margin Accounts would be 0.375%.
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Examples of Household Accounts in a sentence

  • No notice is given for changes to the Base Rate or to the interest rate charged to Client due to fluctuations in the aggregate debit balance or value of Client’s Household Accounts.

  • The “Specified Percentage” applied to adjust the Base Rate to determine the annual rate of interest on the outstanding debit balance in each of Client’s Margin Accounts is set by Baird each month based on both the highest debit balance in any of the Margin Accounts among Client’s Baird Household Accounts (as defined below) and the aggregate net value of Client’s Baird Household Accounts (after subtracting the aggregate outstanding debit balances across those accounts) as of the end of the previous month.

  • Tip: When you want to send communication to a family or household, you omit secondary individuals from a query using the data return type Head of Household Accounts to make sure the communication sends one time to the entire house.⚫ Couple donates together and both individuals are not active with your organization:⚫ Add one account for the household using the Family Name Format.

  • The Business and Household Accounts of Joyce Jeffreys, Spinster of Hereford, 1638-1648.

  • In addition, as noted above Access Persons (other than the Independent Trustees) must arrange for duplicate copies of account statements for all Household Accounts to be sent to the Compliance Officer or his designee.

  • Tip: When you want to send communication to a family or household, you omit secondary individuals from a query using the data return type Head of Household Accounts to make sure the communication sends one time to the entire house.⚫ Couple donates together and both individuals are not active with your organisation:⚫ Add one account for the household using the Family Name Format.

  • The “Specified Percentage” applied to adjust the Base Rate to determine the annual rate of interest on the outstanding debit balance in each of Client’s Margin Accounts is set by Baird each month based on both the highest debit balance in any of the Margin Accounts among Client’s Baird Household Accounts (as defined below) and the aggregate value of Client’s Baird Household Accounts as of the end of the previous month.

  • As an example, if Client has four Baird Household Accounts with values of $800,000, $500,000, $100,000 and $25,000, and two of those accounts are Margin Accounts with outstanding debit balances of $400,000 and $150,000, respectively, the Specified Percentage for the two Margin Accounts would be 0.125%.

  • Cleveland, “Reviews : How to Keep Household Accounts: A Manual of Family Finance.

  • The “Specified Percentage” applied to adjust the Base Rate to determine the annual rate of interest on the outstanding debit balance in each of Client’s Margin Accounts is set by Xxxxx each month based on both the highest debit balance in any of the Margin Accounts among Client’s Xxxxx Household Accounts (as defined below) and the aggregate net value of Client’s Xxxxx Household Accounts (after subtracting the aggregate outstanding debit balances across those accounts) as of the end of the previous month.

Related to Household Accounts

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles 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 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.

  • 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);

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

  • Locked Box Accounts means the accounts in agreed form of the Group Companies, comprising a balance sheet as at the Locked Box Date and profit and loss account for the period which commenced on 18 October 2016 and which ended on the Locked Box Date;

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

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Deposit Accounts means any “deposit accounts,” as such term is defined in the UCC, and includes any checking account, savings account, or certificate of deposit.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Lockboxes has the meaning set forth in Section 2.7.

  • Excluded Accounts means (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) xxxxx cash accounts funded in the ordinary course of business, (d) escrow, fiduciary or trust accounts, (e) designated disbursement accounts and non-U.S. bank accounts and (f) the funds or other property held in or maintained in any such account identified in clauses (a) through (e).

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

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

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

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

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Excluded Deposit Accounts means, collectively, (i) payroll and payroll taxes accounts, workers’ compensation accounts and other employee wage and benefit payment accounts and xxxxx cash accounts, (ii) trust accounts and (iii) deposit accounts other than Collection Accounts and Collateral Deposit Accounts (as each such term is defined in the Revolving Credit Agreement), so long as the aggregate amount on deposit in all such deposit accounts does not exceed $2,500,000 in the aggregate at any time.

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

  • Collection Accounts As defined in Section 3.10(a).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.