Restitution Account definition

Restitution Account means that bank account established by the Settlements Claims Administrator and into which Respondents’ Restitution Monies shall be deposited and held pending its distribution/mailing to Eligible Consumers.
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Restitution Account means that bank account established by the SCA for the holding of the Restitution Monies disbursed by the Commission from the Restitution Escrow Account, for distribution to the Eligible Consumers.
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Examples of Restitution Account in a sentence

  • An amount of money necessary to effectuate the price restitution shall either be transferred from the Covered account to the Compliance Restitution Account or a check may be made out to Neuberger Berman for amounts less than $500.

  • The appropriate restitution payments were made from the Restitution Account by the Bank to each Eligible Consumer as required by the Restitution Plan.

  • If the total of payments is less than the Restitution Account, the excess shall be returned to the Bank.

  • However, the surcharge does not include amounts assessed or collected separately by juvenile courts for the Juvenile Restitution Account, which is independent of this part and does not affect the imposition or collection of the surcharge.

  • The Juvenile Restitution Account shall be utilized for purposes of paying restitution to victims of juvenile crime and to support programming aimed at enhancing restitution payment and community service by juvenile offenders.

  • Grody (2004) interpreted AMSU observations over snow cover using a snow emissivity model, and found that the grain size parameter explained most of the variability in microwave response, particularly at frequencies 89 GHz and above.

  • Additional amounts shall be deposited into the Restitution Account if necessary to fully comply with this Article.

  • Days after receipt of CSD’s delivery of data pursuant to Paragraph 3.1, the Settlement Claims Administrator shall mail each Eligible Consumer a Restitution Check drawn on the Restitution Account and a CSD written explanation for the Restitution Check, a copy of which is hereto attached as Exhibit A.

  • All restitution payments required by the Restitution Plan shall be made from the Restitution Account, provided, however, that if the total of such payments exceeds the amount in the Restitution Account, the Bank shall deposit additional funds in the Restitution Account from which the restitution payments shall be made.

  • TimeGate did not invest any of its own monies into the development of the Game during the Development Period.18.

Related to Restitution Account

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

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • 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.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Administration Account As defined in Section 7.02.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

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

  • 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.

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

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • 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.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Distribution Account means the Bank Account (which may be a current, saving or deposit account) maintained by the Trustee with a Bank as directed by the Management Company in which the amount required for distribution of income to the Unit Holder(s) shall be transferred. Interest, income or profit, if any, including those accruing on unclaimed dividends, in this account shall be transferred to the main account of the Fund from time to time, as part of the Trust Property for the benefit of the Unit Holder(s).

  • 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.

  • Collection Accounts As defined in Section 3.10(a).

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

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • 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.

  • Note Account As defined in the Indenture.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).