Memo Account definition

Memo Account means an Account that reflects deliveries of Securities or funds that have been delivered by the Participant in a Pledge or Tender Transaction and are not held by CDS for the Participant. The Pledge Account and the Tender Account are Memo Accounts.
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Memo Account has the meaning assigned to such term in the Acquisition SPV Partnership Agreement, as in effect on the date hereof.
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Memo Account shall have the meaning provided in Section 6.1.
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Examples of Memo Account in a sentence

  • The General Partner may not make any withdrawal from the balance in the New Profit Memo Account.

  • Memorandum Accounts (Continued)Greenhouse Gas Admin Costs Memo Account (GHGACMA) 30684-E Advanced Metering & Demand Response Memo Acct (AMDRMA) 34974, 34975, 34976, 34977-E Reliability Costs Memorandum Account (RCMA)………....

  • If, at the end of a subsequent year, net taxable gains are allocated to the General Partner in excess of such year’s profit share, a corresponding amount is transferred from the New Profit Memo Account to the General Partner’s capital account.

  • Profit share attributable to interests redeemed during a year is tentatively credited to an account maintained for bookkeeping purposes called New Profit Memo Account.

  • Any profit share charged is added to the General Partner’s capital account to the extent net taxable capital gains are allocated to the General Partner and the remainder, if any, of such profit share is added to the New Profit Memo Account.

  • The limited partners, special limited partners, New Profit Memo Account (see Note 3) and the General Partner share in the profits and losses of the Partnership which are determined before brokerage fees (Note 2) and profit share allocations on the basis of their proportionate interests of Partnership capital (Note 3).

  • If, at the end of the Memo Account Period, this memorandum account reflects a net revenue requirement increase, the memorandum account shall be terminated without any impact on rates.

  • The remainder of such profit share, if any, is added to the New Profit Memo Account.

  • The Managing Owner may not make any withdrawal from the balance in the New Profit Memo Account.

  • Memo Account) is an accounting device that, after approval by the Commission or upon statutory notice, may be used by a utility to track various revenues it accrues and expenses it incurs, including, but not limited to, capital costs and associated interest.


More Definitions of Memo Account

Memo Account. As defined in Section 3.2(b).
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Related to Memo Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

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

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • 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.

  • 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.

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

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

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

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

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Expense Account The account established and maintained pursuant to Section 3.25.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

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

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

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Note Account As defined in the Indenture.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • 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.