SPA Account definition

SPA Account means the account described in Section 9.07.
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Examples of SPA Account in a sentence

  • Reimbursements due for Supplemental Premium Expenses incurred by the Participants Spouse or Dependents shall be charged against SPA Account.

  • Any amounts still credited to the Participant’s SPA Account after the Run-Out Period expires shall be forfeited and remain the assets of the Employer.

  • In addition, any SPA Account benefit payments that are unclaimed (e.g., uncashed benefit checks) shall be forfeited and applied as described above.

  • PSA will issue a reimbursement to the Participant from the Participant’s SPA Account for Supplemental Premium Expenses incurred during the Plan Year for which the Participant submits documentation in accordance with this Section 9.09.

  • An individual may be reimbursed for Supplemental Premium Expenses incurred during a Grace Period from amounts remaining in his or her SPA Account at the end of the Plan Year to which that Grace Period relates (Prior Plan Year Amounts) if he or she Is a Participant in the Plan with SPA Component coverage that is in effect on the last day of that Plan Year.

  • The maximum dollar amount elected by the Participant for reimbursement of Supplemental Premium Expenses incurred during a Period of Coverage (reduced by prior reimbursements during the Period of Coverage) shall only be available during the Period of Coverage to the extent of the actual amounts credited to the Participant's SPA Account pursuant to Section 9.07.

  • The development has easy access to both Junction 31 A of the M6 and Junction 1 of the M55 motorways.

  • Such maximum reimbursement benefits for the balance of the Period of Coverage shall be calculated by adding (1) the Contributions, if any, made by the Participant as of the end of the portion of the Period of Coverage immediately preceding the change in election, to (2) the total Contributions scheduled to be made by the Participant during the remainder of such Period of Coverage to the SPA Account, reduced by (3) reimbursements during the Period of Coverage.

  • Upon becoming eligible, and to the extent specified in Section III Participation in the Plan, of the Summary Plan Description, a Participant may elect in writing on an Enrollment Form to reduce his or her Salary or Wages each pay day and to have the amount of the reduction contributed to a SPA Account on such Participant’s behalf.

  • In addition, an Employer may choose to allow reimbursement for Supplemental Premium Expenses incurred during the Grace Period immediately following the close of a Plan Year from amounts remaining in a Participant’s SPA Account for that Plan Year in accordance with Section 9.05.

Related to SPA Account

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

  • 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.

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

  • 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.

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

  • 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.

  • Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.

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

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

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

  • Regular account means the account established for each active and inactive member un-

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

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

  • Rounding Account Not applicable.

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

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

  • Note Account As defined in the Indenture.

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

  • Share Account A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

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

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

  • Holding Account means an account:

  • 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;

  • Member Account means the regular account and the variable account.