Share Account definition

Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

Share Account. A form of Deposit Account that each member is required to maintain to remain a member of BECU. We, us, our: BECU. You, your: Each person or entity, individually, and collectively, who opens, establishes, accesses, is named as an Account Holder or Authorized Signer or who applies for any Account.

Share Account means an account established for a member for which no share certificates are issued but which are included in the registry of shares, which includes all transactions of the credit union pertaining to such shares.

Examples of Share Account in a sentence

• You agreed that when you are in default, MCU may use funds from your MCU Share Account towards the payment of any amounts due under your MCU TRUE REWARDS VISA Card account.

• For example, if you have an unpaid credit card balance, you agreed that MCU may use funds in your MCU Share Account to pay any or all of the unpaid balance of your credit card account and that MCU is not required to send you notice thereof.

• The Share Account is a Savings Account and is subject to the same restrictions that apply to all Savings Accounts.

• As a condition to the MCU TRUE REWARDS VISA Card account, you have granted a consensual security interest in your MCU Share Account (under the same root account number) now and in the future to secure your MCU TRUE REWARDS VISA Card account, pursuant to the terms of the credit card application.

• Your Share Account is the Account that must remain open for continued membership.

More Definitions of Share Account

Share Account means the account created by the Company pursuant to Article III of this Plan in accordance with an election by a Director to defer Fees and receive share-related compensation under Article II hereof.

Share Account means an account established for each Participant who exercises a Right to Purchase under Section 10. A Participant's Share Account will be credited with the number of Shares purchased on each Right to Purchase Date and debited for the number of Shares withdrawn by the Participant after such date.

Share Account means the bookkeeping account established by the Company for the deferrals of Fees by Directors, which will be credited with Share Units pursuant to Section 6(a) hereof.

Share Account means a balance held by a credit union and

Share Account means the account established for each Participant to which Common Shares purchased on each Right to Purchase Date for the Participant shall be credited.

Share Account means your personal or business savings account(s).

Share Account means each account being administered for the benefit of a Participant pursuant to Section 5 hereof.