Joint Savings Account definition

Joint Savings Account a Savings Account as described in Clause 3 of these General Conditions Savings & Deposits;
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Joint Savings Account has the meaning given to it in clause 10.3 Law includes any enactment, subordinate legislation, rule, regulation, order, directive or other provision, including those of the European Community, and any judicial or administrative interpretation or application thereof, which has, in each case, the force of law in the United Kingdom or any part of it (including the Act, the Xxxxxxxxx Xxx 0000, the Transport Safety Xxx 0000 and the Railways Act 2005)
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Examples of Joint Savings Account in a sentence

  • For the commencement of the authority of the heir(s) to dispose of the Joint Savings Account, it is required that the Bank has received and accepted the documents stipulated in Clause 9.2. If a Private Client dies, all Authorizations granted in respect of the Joint Savings Account will lapse.

  • The Private Clients of a Joint Savings Account are independently authorized to give instructions to the Bank in relation to the Savings Account or in relation to opening, extending or closing of any Term Deposit connected with the Savings Account.

  • The Bank is not obliged to verify if one Private Client of a Joint Savings Account agrees with the instructions given by the other Private Client.

  • Private Clients of a Joint Savings Account are each jointly and severally liable towards the Bank for the costs related to the Savings Account and to any Term Deposit connected with that Savings Account.

  • If an attachment is levied on the balance on a Joint Savings Account, the Private Clients will no longer be able to use the balance to which the attachment relates.

  • Subject to clause 14.3, any monies standing to the credit of the Joint Savings Account shall be distributed by WMR within 3 months following termination of the Agreement to the Secretary of State.

  • The Premium Money Market Account (PMMA) is a depository account governed by both the Joint Savings Account Agreement and the Checking Account Agreement.

  • We the undersigned, do hereby authorize the Barbados Public Workers’ Co-operative Credit Union Limited (hereafter called BPWCCUL) to open a Joint Savings Account in the name(s) of:- [1] and [2] in compliance with the Co-operative Societies Act, the accompanying Rules, Regulations and Credit Union’s By-Laws.

  • The Share Secured Loan Savings Account (SSLSA) is a depository account governed by the Joint Savings Account Agreement.

  • The Money Market Account (MMA) is a depository account governed by both the Joint Savings Account Agreement and the Checking Agreement.

Related to Joint Savings Account

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Medical savings account means an account exempt from federal income taxation pursuant to Section 220 of the United States Internal Revenue Code (26 U.S.C. § 220).

  • Health Savings Account means an account as permitted under section 223 of the internal revenue code of 1986, 26 USC 223.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Individual account program means the defined contribution individual account program of

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.