Indirect Account definition

Indirect Account means an Indirect Gross Account or an Indirect Net Account
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Indirect Account means an Indirect Gross Account or an Indirect Net Account "Indirect Clearing Client" means a client of an Indirect Gross Account Clearing Client
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Indirect Account means an Indirect Gross Account or an Indirect NetAccount
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Examples of Indirect Account in a sentence

  • Price Services, or its agent, shall monitor the omnibus accounts for certain trading activity in accordance with the Fund’s excessive trading procedures and when certain activity is identified, pursuant to the Shareholder Information Agreement, Price Services, or its agent, shall request from the Intermediary Indirect Account personal and transaction data.

  • Pursuant to the terms of the Shareholder Information Agreement, if Price Services, or its agent, determines that the Fund’s policy has been violated, Price Services, or its agents, shall instruct the Intermediary to restrict or prohibit future purchases of Fund shares by Indirect Account holders (or warn these Indirect Account holders when appropriate) identified by Price Services or its agent as having violated the policy.

  • Alternatively, Price Services, or its agent, will request and receive regular periodic reporting from Intermediaries of Indirect Account personal and transaction data.

  • Alternatively, Price Services, or its agent, will request and receive regular periodic reporting from Intermediaries of Indirect Account identifying information and transaction data.

  • Securing tax exemption on income from municipal bondsIn the case of municipal bonds, overseas custodian banks must be a QFI and a Foreign Indirect Account Management Institution (FIAMI) as required by JASDEC to hold municipal bonds for a third-party eligible for tax exemption on the coupon.

  • Excerpt of Table in DCAA Audit Report Number 6161-2009G10100035 Indirect Account DescriptionRequested CostsUnsupported CostsInadequately Supported CostsGeneral & Administrative$ 57,690$50,190$0Service Center Labor114,3421,3700Total$172,032$51,560$0 The requested costs reflect the costs that DCAA selected for testing within the two indirect accounts.

  • To require the Intermediary to collect and remit redemption fees for applicable Funds from Indirect Account holder transactions in such redemption fee Funds in accordance with the Fund’s then-current prospectus at the time of the transaction (if subject to the fee) and remit such fees to the Fund on a monthly basis or such other mutually agreed upon time.

  • This Agreement is not assignable or transferable by Indirect Account Holder and any attempted assignment or transfer shall be null and void and of no force or effect.

  • With respect to the Covered Payments selected in accordance with Section I, the Independent Reviewer will select a random sample of the accounts held by the AI’s Direct and Indirect Account Holders, other than Account Holders that hold through one or more Authorised Intermediaries that are also Account Holders with respect to the AI (the “Accounts”) to review in accordance with this Section II.

  • This form is furnished only as an example and is not to be considered to be legal advice to Indirect Account Holder.

Related to Indirect Account

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

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

  • Financial Account means an account maintained by a Financial Institution, and includes: (1) in the case of an Entity that is a Financial Institution solely because it is an Investment Entity, any equity or debt interest (other than interests that are regularly traded on an established securities market) in the Financial Institution; (2) in the case of a Financial Institution not described in subparagraph 1(q)(1) of this Article, any equity or debt interest in the Financial Institution (other than interests that are regularly traded on an established securities market), if (i) the value of the debt or equity interest is determined, directly or indirectly, primarily by reference to assets that give rise to U.S. Source Withholdable Payments, and (ii) the class of interests was established with a purpose of avoiding reporting in accordance with this Agreement; and (3) any Cash Value Insurance Contract and any Annuity Contract issued or maintained by a Financial Institution, other than a noninvestment- linked, nontransferable immediate life annuity that is issued to an individual and monetizes a pension or disability benefit provided under an account that is excluded from the definition of Financial Account in Annex II. Notwithstanding the foregoing, the term “Financial Account” does not include any account that is excluded from the definition of Financial Account in Annex II. For purposes of this Agreement, interests are “regularly traded” if there is a meaningful volume of trading with respect to the interests on an ongoing basis, and an “established securities market” means an exchange that is officially recognized and supervised by a governmental authority in which the market is located and that has a meaningful annual value of shares traded on the exchange. For purposes of this subparagraph 1(q), an interest in a Financial Institution is not “regularly traded” and shall be treated as a Financial Account if the holder of the interest (other than a Financial Institution acting as an intermediary) is registered on the books of such Financial Institution. The preceding sentence will not apply to interests first registered on the books of such Financial Institution prior to July 1, 2014, and with respect to interests first registered on the books of such Financial Institution on or after July 1, 2014, a Financial Institution is not required to apply the preceding sentence prior to January 1, 2016.

  • Investment Account As defined in Section 3.12(a).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.