Legacy Account definition

Legacy Account means, on or after the date that any Class or Series of Notes issued pursuant to the Base Indenture is no longer Outstanding, any account maintained by the Trustee to which funds have been allocated in accordance with the Priority of Payments for the payment of interest, fees or other amounts in respect of such Class or Series of Notes.
Legacy Account means the GE Aircraft Engines VSA, GE Caledonia VSA, and GE VSA (collectively, the “VSA Accounts”) held by Employees or Former Employees as of the Transfer Date. Legacy Account also includes the Legacy Former Employees who have VSA Accounts as of the Transfer Date, as determined by Parent based on the records for the VSA Accounts.
Legacy Account means a Participant’s entire bookkeeping account under the Plan as of the date immediately prior to the Restatement Date, as adjusted for hypothetical earnings and losses based on the terms of the Plan immediately prior to the Restatement Date, and further adjusted for any Legacy Account Earnings thereon.

Examples of Legacy Account in a sentence

  • If the Master Issuer does not elect to have such funds so transferred, or if the Master Issuer elects to have only a portion of such funds so transferred, any funds remaining in the applicable Legacy Account after the applicable Notes Discharge Date shall be deposited into the Collection Account for application in accordance with the Priority of Payments.

  • When the balance of any Legacy Account has been reduced to zero, the Trustee may close such account.


More Definitions of Legacy Account

Legacy Account means an Account in effect as of [***] (including all types of accounts including, but not limited to, accounts for the Enterprise Service, Rollups, Traffic Rollups and Global Rollups). The Legacy Accounts include, but are not limited to, the Accounts listed on Attachment A to this Exhibit 1.
Legacy Account means an account which was maintained under a Legacy Plan on behalf of a person who was a participant in such plan at any time prior to the Restatement Effective Date, and which was merged into the Plan at the Merger Effective Time.
Legacy Account means any Account opened before October 13, 2010.
Legacy Account means, on or after the date that any Class or Series of Notes issued pursuant to the Base Indenture is no longer Outstanding, any account maintained by the Trustee to which funds have been allocated in accordance with the Priority of Payments for the payment of interest, fees or other amounts in respect of such Class or Series of Notes. “Letter of Credit Reimbursement Agreements” means a reimbursement agreement, by and among the DBI and the Issuer, or by and among the Canadian Manager and the Canadian Co-Issuer, in each case, as amended, supplemented or otherwise modified from time to time, which permits letters of credit to be issued pursuant to a Class A-1 Note Purchase Agreement that are for the sole benefit of one or more Non-Securitization Entities and that provide that such Co-Issuer will receive a fee from each Non- Securitization Entity whose obligations are secured by any such Letter of Credit in an amount equal to the cost to such Co-Issuer in connection with the issuance and maintenance of such Letter of Credit plus an agreed-upon margin. “Licensee-Developed IP” means all applicable Intellectual Property (other than the Excluded IP) created, developed, authored, acquired or owned by or on behalf of any licensee under any IP License Agreement related to or intended to be used by (i) any of the Driven Securitization Brands, (ii) products or services sold or distributed under any of the Driven Securitization Brands, (iii) Branded Locations, (iv) the Driven Brands System, (v) the Contributed Franchise Business or (vi) the Securitization- Owned Locations, including, without limitation, all Improvements to any Securitization IP. “Lien” means, when used with respect to any Person, any interest in any real or personal property, asset or other right held, owned or being purchased or acquired by such Person which secures payment or performance of any obligation, and will include any mortgage, lien, pledge, encumbrance, charge, retained security title of a conditional vendor or lessor, or other security interest of any kind, whether arising under a security agreement, mortgage, lease, deed of trust, chattel mortgage, assignment, pledge, retention or security title, financing or similar statement, or arising as a matter of law, judicial process or otherwise. “Liquidation Fee” has the meaning set forth in the Servicing Agreement. “Lock-Box Accounts” means the accounts and any related lock-boxes established at ▇▇▇▇▇ Fargo Bank, National Association, in the ca...
Legacy Account means, in the aggregate, each of the Participant’s accounts formerly known as the ESOP Supplemental Account, the Matching Contribution Supplemental Account and the Profit Sharing Supplemental Account that were credited with book-entry amounts reflecting contributions made to this Plan prior to the Restatement Date, as adjusted for any Legacy Account Earnings thereon.
Legacy Account means as defined at clause 18 (7)(c).
Legacy Account means a Participant’s entire bookkeeping account under the Plan as of the date immediately prior to January 1, 2014, as adjusted for hypothetical earnings and losses based on the terms of the Plan immediately prior to January 1, 2014, and further adjusted for any Legacy Account Earnings thereon.