2015 CIC Subaccount definition

2015 CIC Subaccount means the subaccount of a Participant’s Deferral Account established to separately account for the Prior CIC Agreement Payment deferred (and earnings or losses thereon).
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Examples of 2015 CIC Subaccount in a sentence

  • In the case of the Participant entitled to receive the Prior CIC Agreement Payment, such Participant’s 2015 CIC Subaccount shall be credited as of the Merger Effective Time.

  • Except as otherwise provided by Section 8.1, the 2015 CIC Subaccount shall be fully vested and nonforfeitable as of the Merger Effective Time and shall be payable in a lump sum within thirty (30) days following the Participant’s Separation of Service, subject to any required delay under Section 409A of the Code in accordance with Section 13(g) of the Employment Agreement (which shall apply to the 2015 CIC Subaccount in lieu of Section 8.9(c) hereof).

  • The Participant may from time to time designate, using a form, method, or process approved by the Committee, which Fund or Funds (including the RBC Fund) the amounts credited to the 2015 CIC Subaccount will be deemed to be invested in through the date of distribution for purposes of determining the amount of earnings or losses to be credited or debited to his 2015 CIC Subaccount.

  • A Participant may designate, using a form, method, or process approved by the Committee, a percentage of his or her Plan Year Subaccount for any Plan Year, his or her 2012 Cash-Settled Equity Subaccount or his 2015 CIC Subaccount that shall be deemed to be invested in the RBC Stock Fund.

Related to 2015 CIC Subaccount

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Subaccount means any subaccount designated and established hereunder.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Note Account As defined in the Indenture.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Administration Account As defined in Section 7.02.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Investment Account As defined in Section 3.12(a).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.