Supplemental Eligible Account Holder definition

Supplemental Eligible Account Holder means any Person, except Directors and Officers of the Bank and their Associates, holding a Qualifying Deposit at the close of business on the Supplemental Eligibility Record Date.

Supplemental Eligible Account Holder if applicable, means any Persons, except Trustees and Officers of the Bank and their Associates, holding a Qualifying Deposit at the close of business on the Supplemental Eligibility Record Date.

Supplemental Eligible Account Holder means any per- son holding a qualifying deposit account, except officers, direc- tors and their associates, as of the supplemental eligibility record date.

Examples of Supplemental Eligible Account Holder in a sentence

• Each Eligible Account Holder and Supplemental Eligible Account Holder shall, with respect to his Deposit Account, hold a related inchoate interest in a portion of the Liquidation Account balance, in relation to his Deposit Account balance at the Eligibility Record Date or Supplemental Eligibility Record Date, respectively, or to such balance as it may be subsequently reduced, as hereinafter provided.

• The interest of an Eligible Account Holder or Supplemental Eligible Account Holder in the Liquidation Account does not entitle such account holders to voting rights.

• Thereafter, unallocated shares will be allocated to each subscribing Supplemental Eligible Account Holder whose subscription remains unfilled in the same proportion that such subscriber's Qualifying Deposits on the Supplemental Eligibility Record Date bear to the total amount of Qualifying Deposits of all subscribing Supplemental Eligible Account Holders whose subscriptions remain unfilled.

• Thereafter, unallocated shares will be allocated to each subscribing Supplemental Eligible Account Holder whose subscription remains unfilled in the same proportion that such subscriber’s Qualifying Deposit on the Supplemental Eligibility Record Date bears to the total amount of Qualifying Deposits of all subscribing Supplemental Eligible Account Holders whose subscriptions remain unfilled.

• Each Eligible Account Holder and Supplemental Eligible Account Holder shall, with respect to the Deposit Account held, have a related inchoate interest in a portion of the liquidation account balance ("subaccount balance").

More Definitions of Supplemental Eligible Account Holder

Supplemental Eligible Account Holder means any Person, except Directors and Officers of the Association and their Associates, holding a Qualifying Deposit at the close of business on the Supplemental Eligibility Record Date.

Supplemental Eligible Account Holder means any person holding a qualifying deposit, except executive officers, directors, and their associates, as of the supplemental eligibility record date required by Rule .0311 of this Subchapter.

Supplemental Eligible Account Holder means the holder of a Qualifying Deposit in NSB (other than Officers and directors and their Associates) on the Supplemental Eligibility Record Date.

Supplemental Eligible Account Holder means any person, except the converting institution’s officers, directors and their associates, holding qualifying deposits on the supplemental eligibility record date;

Supplemental Eligible Account Holder means any Depositor of the Bank (other than an Eligible Account Holder) who owned a Qualifying Deposit on the Supplemental Eligibility Record Date, except Officers, Managers and their Associates.

Supplemental Eligible Account Holder means any Person, except ------------------------------------ Directors and Officers of the Bank and their Associates, holding a Qualifying Deposit at the close of business on the Supplemental Eligibility Record Date with the beneficial owner of individual retirement accounts, Xxxxx savings accounts and similar retirement accounts being deemed the holder thereof.

Supplemental Eligible Account Holder means any person (other than an Eligible Account Holder) holding a Qualifying Deposit in the Bank as of the Supplemental Eligibility Record Date, except Officers, directors, trustees, Corporators and their associates.