Sub-Account definition

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

Sub-Account shall have the meaning provided in Section 2.11(c).

Sub-Account means each portion of an Account designated as such pursuant to this Indenture or the related Indenture Supplement.

Examples of Sub-Account in a sentence

Handling of Book-entry Securities for all otherpurposes should however require specific authority in writing from the undersigned Sub-Account Holder(s) in favour of the Participant.
All investment earnings on the Escrow Accounts shall be transferred on the first business day of each month to the Income Sub-Account.
Purchase payments periodically received by UMBFS (the “Purchase Proceeds”) will be deposited into the Subscription Sub-Account.
Any Holdback Amount will be deposited into the Holdback Sub-Account (the Subscription Sub-Account, the Repurchase Sub-Account and the Holdback Sub-Account shall be referred to collectively as the “Escrow Accounts”).
One-fourth of the Guarantee Benefit Fee is deducted on a quarterly basis in arrears by the surrender of Sub-Account units.

Sub-Account. Variable Account assets are divided into Sub-Accounts. Assets of each Sub-Account will be invested in shares of an Eligible Investment or Fund. In this Contract, "Fund" may also refer to the Sub-Accounts from which the Fund investment is made.

Sub-Account has the meaning specified in the Indenture.

Sub-Account means a separate portion of the Account.

Sub-Account. A division of the Variable Separate Account(s) shown in the Annuity Schedule.

Sub-Account. Separate Account assets are divided into Sub-Accounts which are listed on the Contract Schedule. Assets of each Sub-Account will be invested in shares of an Eligible Fund or a Portfolio of an Eligible Fund.

Sub-Account means each portion of a Bank Account designated as such pursuant to this Indenture, the related Indenture Supplement or the applicable Asset Pool Supplement.