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.

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

  • 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 ▇▇▇▇▇ each month based on both the highest debit balance in any of the Margin Accounts among Client’s ▇▇▇▇▇ Household Accounts (as defined below) and the aggregate net value of Client’s ▇▇▇▇▇ 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, 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.

  • 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.