Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 10.26;
Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 10.26; "Unmetered Load" means electricity consumed on the Network that is not directly recorded using Metering Equipment, but is calculated or estimated in accordance with the Code;
Trust Account Rules. If the Distributor receives a Cash Deposit:
(a) the Cash Deposit will be held on trust for the benefit of both the Distributor and the Network User, to be applied or distributed only on the terms of this agreement, or as otherwise agreed by the parties;
(b) if this agreement is terminated, the Distributor will refund any Cash Deposit (less any amount owed to the Distributor plus any interest not yet paid to the Network User) to the Network User in accordance with clause 1.16, provided that the Network User:
(i) is not otherwise in default of this agreement;
(ii) is not subject to an Insolvency Event, in which case clause 1.17 applies;
(iii) has ceased to be bound by this agreement; and
(iv) has discharged all obligations under this agreement to the Distributor, including payment of all outstanding amounts under this agreement, and the Distributor will have no other contractual or equitable obligation to return the Cash Deposit to the Network User otherwise than as set out in this sub-clause (f); and
(c) the Distributor will provide the Network User with an annual report in respect of the operation of the Trust Account if requested by the Network User.
Examples of Trust Account Rules in a sentence
Revisions after 2007 included proposed changes to the Interest on Lawyer Trust Account Rules (IOLTA Rules) (D.C. Rules 1.15, 1.19, Appendix B, Rule XI Section 20) that were proposed by the Committee, approved by the Board in 2009, adopted by the Court, and became effective August 1, 2010.
The estate bank account, like any other trust account, falls under the Maintenance of records section of the Uniform Trust Account Rules and is required to be maintained like all other trust accounts.
Respondent billed Wright $1, 220 for attorney fees earned between March 1 and March 30, 2005.Count 1: Failure to Deposit Client Funds in Trust Account (Rules Prof.
Provide the fiscal year end of your practice for the purposes of the Trust Account Rules (dd/mm): OR N/A Please check either (a), (b) or (c): [ ] (a) Annexed hereto is Form 5.07C and a letter of an Accountant as defined in Rule 5.01(a), in accordance with Rule 2.21(1).
All the evidence received by the court is based on respondent’s testimony, the May 19, 2009 Stipulation As to Facts and Admission of Documents, and the documents admitted into evidence.Count 8: Failure to Maintain Client Funds in Trust Account (Rules Prof.
More Definitions of Trust Account Rules
Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 10.26.
Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 12.1(b) as specified in clause 12.18;
Trust Account Rules. If the Distributor receives a Cash Deposit:
(a) the Cash Deposit will be held on trust for the benefit of both the Distributor and the Retailer, to be applied or distributed only on the terms of this agreement, or as otherwise agreed by the parties;
(b) the Distributor will establish a trust account with a New Zealand registered
(c) the Distributor will obtain acknowledgement from the Bank that the Cash Deposit is held on trust on the terms set out in clause 8.24
(a) in the Trust Account for the purposes set out in clause 8.24(a) and that the Bank has no right of set-off or right of combination in relation to the Cash Deposit;
(d) the Retailer will inform the Distributor of the bank(s) the Retailer uses for its banking purposes and if the Retailer changes banks;
(e) the Trust Account will bear interest at the best on call rate reasonably available from time to time from the Bank. The Distributor will pay the Retailer the interest earned on the Cash Deposit (except for the amount of the Cash Deposit that is Additional Security, in respect of which a charge will be paid in accordance with clause 8.8) on a quarterly basis net of account fees and any amounts required to be withheld by law, unless the parties agree otherwise;
(f) if this agreement is terminated, the Distributor will refund the Cash Deposit (less any amount owed to the Distributor plus any interest not yet paid to the Retailer) to the Retailer in accordance with clause 8.17, provided that the Retailer:
(i) is not otherwise in default of this agreement;
(ii) is not subject to an Insolvency Event, in which case clause 8.18 applies;
(iii) has ceased to be bound by this agreement; and
(iv) has discharged all obligations under this agreement to the Distributor, including payment of all outstanding amounts under this agreement, and the Distributor will have no other contractual or equitable obligation to return the Cash Deposit to the Retailer otherwise than as set out in this sub- clause (f); and
(g) the Distributor will provide the Retailer with an annual report in respect of the operation of the Trust Account if requested by the Retailer.
Trust Account Rules means the Trust Account Rules made by RPA in conformity with section 72 of the Legal Practice Act.
Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 14.1(b) as specified in clause 14.17;
Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 19.1(b) as specified in clause 19.17;
Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 6.1(b) of schedule 6; Deleted: Supply Deleted: Distributor's Deleted: a meterDeleted: a supply of electricity to an ICP with a predictable energy usage and in respect of which the Distributor’s pricing option for Distribution Services does not require metering data