Transfer Account. An account maintained by the Insured Company at a Financial Institution from which the Insured Company can initiate the transfer, payment or delivery of money or Securities.
Transfer Account. The portion of a Participant's Aggregate Account credited with funds transferred from qualified plans pursuant to Section 4.05, as adjusted for earnings and losses attributable to such funds.
Transfer Account. (a) IPAYMENT shall establish and maintain the Transfer Account at CHASE during the term of this Agreement to facilitate the making of all payments due to SERVICERS from IPAYMENT and to IPAYMENT from SERVICERS. IPAYMENT agrees that it will, at all times, maintain collected funds in the Transfer Account in an amount at least equal to the greater of the Base Amount or the amount then due SERVICERS hereunder (which greater amount shall be referred to herein as the "Minimum Balance"). IPAYMENT hereby authorizes SERVICERS to withdraw funds from the Transfer Account without signature or notice to effect all payments, offsets, deductions, and other transactions due SERVICERS or otherwise provided for under this Agreement. IPAYMENT further agrees to execute any additional documents, which may be required for SERVICERS to execute their rights under this section. IPAYMENT shall be responsible for all fees associated with maintaining the Transfer Account.
Transfer Account. A Participant's Account reflecting amounts transferred by or for him from Bridgestone Americas, Inc. Employee Stock Ownership Plan for Bargaining Unit Employees or Bridgestone Americas, Inc. Employee Savings Plan II for Bargaining Unit Employees, and earnings thereon, subject to the provisions of Section 5.2.
Transfer Account. Distributions are permitted for a Participant who has attained age 62 and who has not separated from employment from the Transfer Account.
Transfer Account. A. ISO shall establish and maintain the Transfer Account at BANK during the term of this Agreement to facilitate the making of all payments due to BANK and ISO hereunder.
Transfer Account. Repayments of principal on loans and payments of interest shall be apportioned among the Accounts from which the loan was made in proportion to the amounts by which the Accounts were initially reduced in order to make the loan. If a loan is made from an Account which is invested in more than one Investment Subfund authorized and established under Section 6, the amount withdrawn in order to make the loan shall be charged to each Investment Subfund in the same proportions as the Account is invested in each Investment Subfund. All repayments of principal and interest shall be reinvested in the same manner as contributions under the Participant’s investment elections in effect at the time the repayment is received.
Transfer Account. The term "Transfer Account" shall mean the account established by Agent, as described in Schedule I attached hereto and made a part hereof, as the same may be amended from time to time, to which all Loans by Lenders will be made.
Transfer Account. In addition to rollovers and transfers described in the preceding paragraph, the Plan Administrator may accept direct transfers of assets from the trustees of other qualified plans of entities whose employees become Employees of the Employer as a result of a merger or acquisition of the entity with or by an Employer under this Plan; and such transfers may be made without the written consent of the Employee. Such amounts shall be allocated to a separate Transfer Account established on behalf of each such Employee upon transfer from the other qualified plan and shall be subject to all provisions of this Plan, except as otherwise proved in this Section or by amendment to this Plan. Such transfers shall not be considered Annual Additions under Section 7.04 of this Plan. Accounts transferred from the Whitney 401(k) Plan shall be held in separate accounts except the elective deferral accounts, which may be commingled with elective deferrals under this Plan. The elective deferral accounts transferred to this Plan from the First State Bank and Trust Company Retirement Savings Plan and the First National Bank of Xxxxxx Springs Savings Plan and Trust shall be payable to the Participants upon termination of Service with the Employer. Deferrals allocated to these accounts and earnings credited to these accounts as of December 31, 1988, shall be eligible for Hardship distributions under the provisions of Section 11.05 of this Plan.
