Renewal Account definition

Renewal Account the account by that name established and maintained --------------- by the Trustee pursuant to Section 3.01 Renewal Account Deposit Period: the period from the Payment Date on ------------------------------ which a Renewal Trigger Event has occurred until the Payment Date succeeding such Payment Date on which no Renewal Trigger Event exists.
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Renewal Account has the meaning given to it in Article 54.6(e)(ii).
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Renewal Account the account by that name established and maintained by the Trustee pursuant to Section 3.01
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Examples of Renewal Account in a sentence

  • MONTHLY DIRECT PURCHASE ADMINISTRATION CHARGE: Base Charge $50.00 per monthMaximum Charge $815.00 per month Account ChargeNew Accounts $0.50 per month per accountRenewal Accounts $0.15 per month per account The above Basic Charge shall be increased up to the maximum charge, by the new account charge for each new account and by the Renewal Account charge for each renewal account in a Direct Purchase Contract.

  • In addition, contingent on the enactment of Senate Bill 494, or similar legislation creating the Capitol Renewal Account, the unexpended balances appropriated herein shall be transferred to the General Revenue - Dedicated Capitol Renewal Account and are hereby appropriated to the State Preservation Board for the same purpose for the fiscal year beginning September 1, 1999.

  • Also, for the fiscal year beginning September 1, 1999, contingent on the enactment of Senate Bill 494, or similar legislation creating the Capitol Renewal Account, $1,500,000 shall be transferred to the Capitol Renewal Account from the Capitol Fund and is hereby appropriated for the purpose of funding major repairs and major equipment replacement for the Capitol and the Capitol Extension.

  • Repairs and Renewal Account: This was set up under the provisions of the Local Government (Miscellaneous Provisions) Act 1976 and is maintained for the purchase of vehicles and plant and is funded through notional depreciation charges on purchases.

  • If you prefer multi-year renewal, please contact your Renewal Account Manager.3. Timely response when you receive a new quote for the upcoming renewal activity4.

  • This is important to ensure that your funds are properly credited to your Renewal Account.

  • Agency Transfer Discount During the first year that a policy which is part of an eligible Renewal Account Review Program is in force, a discount of 2% of the premium paid for Parts 1-9, and 12 will apply.

  • MONTHLY DIRECT PURCHASE ADMINISTRATION CHARGE: Base Charge $50,00 per monthMaximum Charge $815,00 per month Account ChargeNew Accounts $0,50 per month per accountRenewal Accounts $0,15 per month per account The above Basic Charge shall be increased up to the maximum charge, by the new account charge for each new account and by the Renewal Account charge for each renewal account in a Direct Purchase Contract.

  • Special Information for Contracts Purchased in FloridaContracts purchased in Florida limit the total length of all Guarantee Periods to 10 years (after which Contract Value will be allocated to the Annual Interest Renewal Account).

  • Additionally, at the end of a window period during which the Owner takes no action, the Contract Value will be allocated automatically to the Annual Interest Renewal Account.


More Definitions of Renewal Account

Renewal Account means with respect to any Account which is renewed or extended in accordance with its terms, such Account from and after such renewal or extension.
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Related to Renewal Account

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

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

  • 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.

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

  • 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.

  • 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.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • 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.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • 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.

  • 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.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Annual Accounts means the accounts of the licensee prepared in accordance with the provisions of the Companies Act, 1956 and/or in such other manner as may be directed by the Commission in terms of the provisions of the Act;

  • 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.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • New Account means each charge account established pursuant to an Account Agreement between FSB and any Person, which account is designated pursuant to Subsection 2.03(a) to be included as an Account and identified on an Account Schedule delivered pursuant to Sections 2.01 and 2.03.

  • 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.

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."

  • Applicable Account means, with respect to any payment to be made to the Administrative Agent hereunder, the account specified by the Administrative Agent from time to time for the purpose of receiving payments of such type.