Xxxxx Account definition

Xxxxx Account means an account created by a trust for the benefit of employees (some or all of whom are owner-employees) and that complies with the provisions of Section 401(c) of the Code.
Xxxxx Account means an account created by a trust for the benefit of employees (some or all of whom are owner-employees) and that complies with the provisions of Section 401 of the Code.
Xxxxx Account or "Xxxxx" has the same meaning as "Business Retirement Plan" or "BRP."

Examples of Xxxxx Account in a sentence

  • The Purchaser is aware that the funds in the Purchaser’s Xxxxx Account will placed in a non-interest-bearing brokerage account maintained by DriveWealth.

  • If the Manager rejects a subscription, either in whole or in part, the Purchaser may withdraw the Subscription Price related to the rejected portion of the subscription from the Purchaser’s Xxxxx Account (as defined below) promptly after notification from the Manager of such rejection without deduction, offset or interest accrued thereon.

  • Purchaser (or such Affiliate) will not be required to assume a Xxxxx Account unless Purchaser (or such Affiliate) has received the documents reasonably necessary for such assumption at or before the Closing.

  • Such customized Classes will generally be designed for Investors who are subject to additional fees on their investments in the FuturesAccess Funds depending on the type of Xxxxxxx Xxxxx Account held by such Investors or other reasons, and shall not be generally available to other Investors.

  • Certain Xxxxxxx Xxxxx clients may invest in Class I or a customized Class of Units on different terms than those described herein, depending on the type of Xxxxxxx Xxxxx Account held by such clients.


More Definitions of Xxxxx Account

Xxxxx Account shall have the meaning provided in Section 5.03(d).
Xxxxx Account means settlement account No. 40702810700001401994 opened by the Client at the Bank.
Xxxxx Account shall have the meaning provided in Section 5.03(d). “Xxxxx Fargo” shall mean Xxxxx Fargo Bank, National Association, together with its successors and assigns. “Wholly-Owned Domestic Subsidiary” shall mean, as to any Person, any Domestic Subsidiary of such Person that is a Wholly-Owned Subsidiary. “Wholly-Owned Subsidiary” shall mean, as to any Person, (i) any corporation 100% of whose capital stock is at the time owned by such Person and/or one or more Wholly-Owned Subsidiaries of such Person and (ii) any partnership, limited liability company, association, joint venture or other entity in which such Person and/or one or more Wholly-Owned Subsidiaries of such Person has a 100% equity interest at such time (other than, in the case of a Foreign Subsidiary of any Credit Party with respect to the preceding clauses (i) and (ii), directors’ qualifying shares and/or other nominal amounts of shares required to be held by Persons other than the Credit Party and its Subsidiaries under applicable law). “Write-Down and Conversion Powers” shall mean (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.
Xxxxx Account has the meaning given it in Section 6.6. [***]: CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION. Quotient Credit Agreement 59
Xxxxx Account means an account opened by Xxxxx for purposes of
Xxxxx Account means an account created by a trust for the benefit of employees (some or all of whom are owner-employees) and that complies with the provisions of Section 401(c) of the Code. “Labor Laws” has the meaning set forth in Section 5.15(c). “Leased Real Property” means Real Property leased by Seller and used for Branches. “Leave Recipients” has the meaning set forth in Section 8.7(a)(ii). “Lien Defect” means any Encumbrance (except for matters reflected on the Commitments and for Permitted Encumbrances) that is reflected on an updated Commitment and any monetary lien. “Loan Document Assignment” has the meaning set forth in Section 3.5(a)(i). “Loan Documents” means the Loan files and all documents with respect to a Loan in which Seller has any right, title, and interest, including loan applications, notes, security agreements, deeds of trust, mortgages, collectors notes, appraisals, credit reports, disclosures, titles to collateral (titles to cars, boats, etc.), all verifications (including employment verification, deposit verification, etc.), financial statements of borrowers and guarantors, independently prepared financial statements, internally prepared financial statements, commitment letters, loan agreements including building and loan agreements, guarantees, pledge agreements, intercreditor agreements, participation agreements, security and collateral agreements, sureties and insurance policies (including title insurance policies) and all written modifications, waivers and consents relating to any of the foregoing, and all credit approval packages, due diligence documentation (including OFAC searches, flood-zone related due diligence material if applicable to collateral and UCC filings and search results), loan review risk rating assessments, and a taxonomy of Seller’s loan system codes, in each case in the possession or control of Seller. “Loans” means the loans that are listed on Exhibit 1.1(d)(i) and any new loans originated in respect of customers listed on Exhibit 1.1(d)(i) or added to such Exhibit pursuant to Section 2.5, the loans that are listed on Exhibit 1.1(d)(ii) and the loans that are listed on Exhibit 1.1(d)(iii); provided, however, that “Loans” do not include the interest of any participants in such Loans or Loans that have been the subject of securitizations and loans not transferable pursuant
Xxxxx Account means deposit account no. 2-9962005112 of Crown established and maintained at Xxxxx Fargo Bank, N.A. in Minneapolis, Minnesota for receipt of payments from certain non-United States customers of Crown.