Allocation of Deposits. (a) TDAC shall allocate TDAC Customer funds in the TDAC Master Accounts so that an amount that is less than or equal to each TDAC Customer’s FDIC deposit insurance limit is deposited in the TDAC Master Account at TD Bank, with any overage to be allocated to the TDAC Master Account at TD Bank USA, and TDATC shall allocate TDATC Customer funds to the TDATC Master Accounts at TD Bank USA. As may be agreed by TDA and the Depository Institutions from time to time, in writing and in accordance with Section 5(i), TDAC may allocate TDAC Customer funds in such different manner as so agreed in order to reduce FDIC deposit insurance premiums.
Allocation of Deposits. (a) TDAC shall allocate TDAC Customer funds in the TDAC Master Accounts so that an amount that is less than or equal to the TDAC Customer’s FDIC insurance limit be deposited in the TDAC Master Account at TD Bank, with any overage to be allocated to the TDAC Master Account at TD Bank USA, and TDATC shall allocate TDATC Customer funds to the TDATC Master Accounts held at TD Bank USA.
Allocation of Deposits. Deposits from Purchasing Systems and from Participating Systems other than the State Employees’ Retirement System and the Teachers’ Retirement System shall be allocated to such Account or Accounts other than the State Employees’ and Teachers’ Separate Account as may be designated by the Board of such Purchasing System or Participating System and in the absence of such a designation shall be allocated to the General Allocation Account. The assets of the State Employees’ Retirement System and Teachers’ Retirement System shall be allocated to such Account or Accounts as the Trustees may, in their sole discretion, determine.
Allocation of Deposits. 7.2.1 When you request to make a Deposit, you will be provided with a reference number (“Reference Number”). To permit timely and successful allocation of a Deposit, you must use the Reference Number when you make a Deposit using an Accepted Deposit Method. Aquarius will not be responsible for any delay in or non-allocation of Deposits where you fail to specify the required Reference Number.
Allocation of Deposits. 10 ARTICLE V
Allocation of Deposits. Deposits less Premium Tax, if any, will be allocated in the Participant Annuity Account effective as of the later of date both the Written Request of the Group Contractholder on behalf of the Participant and such Deposits are received by the Company at its Home Office. Deposits for the Participant will be allocated among any number of currently offered Variable and Guaranteed Sub-Accounts in accordance with the latest recorded Written Request of the Group Contractholder on behalf of the Participant. In the event such
Allocation of Deposits. As mutually agreed by the Parties, each Deposit may be allocated and deposited into multiple accounts, including accounts in the names of one or more LocalCos that are liable for the payment of such sums, and accounts designated by SMIG for Management Fees and amounts that will be incurred or paid by SMIG. Regardless of the number of accounts, the amounts so deposited for a single Work Order or activity are within the definition of “Deposit.” Subject to tax and legal advice, it is intended that pursuant to Management Services Agreements, IndiaCo or other SMIHC designee will have the right to cause payments to be made from such LocalCo bank accounts consistent with this Agreement.
Allocation of Deposits. After an adequate application on behalf of a Participant has been made, Deposits, less Premium Tax, if any, will be allocated in the Participant Annuity Account when received by the Company at its Administrative Offices. Deposits on behalf of the Participant will be allocated among any number of currently offered Variable and Guaranteed Sub-Accounts in accordance with the latest recorded Request. The allocation of Deposits may be changed at any time upon the Company's receipt at its Administrative Offices of the Request. A change of allocation will be effective for Deposits which are received after the Company's receipt and recording of the change.
Allocation of Deposits. 9 SECTION 5. ACCOUNT VALUE PROVISIONS 5.1 Variable Accounts ..............................................................................9 5.2 Risk
Allocation of Deposits. Deposits, less Premium Tax, if any, will be allocated in the Participant Annuity Account among any number of currently offered Variable and Guaranteed Sub-Accounts in accordance with the latest recorded Written Request of the Participant. Allocations shall be effective upon the Company's receipt of both the Deposit and the Group Policyholder report required under Section 4.2. Deposits and Policyholder reports received after 4:00 EST/EDT shall be deemed to have been received on the next business day. The allocation of Deposits may be changed at any time upon the Company's receipt at its Administrative Offices of the Written Request of the Participant. A change of allocation will be effective for Deposits which are received after the Company's receipt and recording of such Written Request.
