Personal Reserve definition

Personal Reserve means a type of borrowing that we can provide in addition to or, instead of, an arranged overdraft where we make additional Cash Available to you up to a pre-authorised limit to cover payments, for example, when there is insufficient cash in your current account, or a transaction will cause you to exceed your arranged overdraft limit.
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Personal Reserve means a type of borrowing that we can provide in addition to or instead of an overdraft where we make additional Funds Available to you up to a pre-authorised limit to cover payments, for example, when there are insufficient funds in your current Account, or a transaction will cause you to exceed your overdraft limit.
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Personal Reserve means the amount of countable assets held by an individual or household while establishing or maintaining eligibility for medical assistance.
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Examples of Personal Reserve in a sentence

  • If a Personal Reserve or Emergency Borrowing facility is available on a Bank Account, you can have an arranged overdraft with or without a Personal Reserve or Emergency Borrowing.

  • If a Personal Reserve or Emergency Borrowing facility is available on an Account, you can have an overdraft with or without a Personal Reserve or Emergency Borrowing.

  • We do not have to agree an overdraft or Personal Reserve but, if we do, we will tell you the limits, interest rates and charges (including arrangement fees) that apply and we will confirm these details to you in writing.

  • A Name's Funds at Lloyd's typically comprise a Deposit held by the Corporation of Lloyd's (the administrative arm of Lloyd's), the Special Reserve Fund and the Personal Reserve Fund.

  • If a Personal Reserve is available on an Account, you can have an overdraft with or without a Personal Reserve.

  • Borrowing on your Account 1.1 If you think that you may occasionally need to borrow on your personal current Account, you must ask whether we can set up an overdraft and/or, on certain Accounts, a Personal Reserve.

  • But for the depreciation recapture rules to truly work, they must tax the recaptured amount at “ordinary” income tax rates (with a top rate of 39.6 percent) if the deductions that are being recaptured were themselves taken against income that was taxed at ordinary rates.

  • If you have a BankNewport Personal Reserve Credit line, you will be assessed a finance charge on any cash advance made on your credit line as provided in your Personal Reserve Credit Note that you signed when you opened your Personal Reserve Credit.

  • Thereafter, in May 2013, he filed a second amended complaint,2 alleging that several of BMO’s unilateral changes to the Personal Reserve Account Agreement violated the Wisconsin Consumer Act, see WIS.

  • The Personal Reserve Account Agreement stated, in part, “[w]e may change these regulations from time to time by sending you advance written notice, and your use of [Reserve Loan Account] credit thereafter will indicate your agreement to those changes.”¶3 Under the Reserve Loan Account, M&I agreed to make “[a]utomatic advances” or “[l]oans” to Cincotta’s checking account whenever the account was overdrawn in the exact amount of the overdraft.

Related to Personal Reserve

  • Personal Account means any account owned by, or in the name of, an OppenheimerFunds Employee or Access Person in which Securities may be held or any such account in which an Employee (including an Access or Investment Person) has a Beneficial Interest.

  • Mineral Reserve means the economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allowances for losses that may occur when the material is mined.

  • Personal Pay means additional pay granted to an employee:

  • Initial Reserve Account Deposit means $3,000,000.

  • Personal Computer means an IP-enabled desktop or laptop device with a hard drive, keyboard and monitor, designed for multiple office and other applications using a silicon chip/microprocessor architecture and shall not include any Portable Devices.

  • Legal Reservations means the application of relevant Debtor Relief Laws, general principles of equity and/or principles of good faith and fair dealing.

  • NY Federal Reserve means the Federal Reserve Bank of New York.

  • FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.

  • Personal protective equipment means all equipment worn to minimize exposure to hazards, including gloves, masks, face shields, foot and eye protection, protective hearing devices, respirators, hard hats, and disposable gowns and aprons.

  • Personal Computer(s) means computers based on a microprocessor generally designed to be used by one person at a time and which usually store informational data on that computer’s internal hard drive or attached peripheral. A personal computer can be found in various configurations such as laptops, net books, and desktops.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Federal Reserve means the Board of Governors of the Federal Reserve System.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Federal Reserve Act means the Federal Reserve Act, as amended.

  • NY Federal Reserve’s Website means the website of the NY Federal Reserve, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor website of the NY Federal Reserve or the website of any successor administrator of the Secured Overnight Financing Rate.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • the applicable data protection law means the legislation protecting the fundamental rights and freedoms of individuals and, in particular, their right to privacy with respect to the processing of personal data applicable to a data controller in the Member State in which the data exporter is established;

  • Personal Law means the law of inheritance and succession as applicable to the individual Unit Holder.

  • Personal vehicle means a vehicle that is:

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Principal Reserve Fund The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 3.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2006-22". Funds in the Principal Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

  • Public Service Act ’ means the Public Service Act, 1994 (Proclamation No. 103 of 1994);

  • Personal care means the provision of hands-on services to assist an individual with activities of daily living.

  • Capital Reserve means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to the product of (i) the gross leaseable area contained in such Property (in square feet), multiplied by (ii) $0.30 per annum.