Account Balance definition

Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of the Participant’s Annual Accounts. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means the total contributions made by the employee, vested
Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

Examples of Account Balance in a sentence

  • We are not required to allow you to make Purchases or Cash Advances that, along with billed and unbilled Finance Charges and Fees, would cause your outstanding Account balance to exceed your Credit Limit, but, if we do, you will be liable for any such amount.

  • If you are the Primary Cardholder, you acknowledge and agree that your Additional Cardholder(s) will have access to, and we can disclose to your Additional Cardholder(s), information relating to your Account, including your Account balance, the available credit on your Account, your Credit Limit and information relating to the Transactions that they have made or attempted to make on your Account.

  • He, His and Him refer to both genders.Monthly Benefit Payments means the greater of (i) $10; and (ii) 5% of Your Account balance, including any applicable optional financing programs (as described in Your Scotiabank Momentum MasterCard Cardmember Agreement), on the last monthly statement date prior to Your Disability, Your hospitalization or the loss of Your Employment.

  • You may use your Card to purchase goods or services from merchants that accept the Card Network’s cards, subject to your available Card Account balance and the other terms.

  • If you do not pay your Account balance as and when due, or you or we decide to close your Account for any reason, you authorize us to apply any or all of the Deposit Funds to your outstanding Account balance.


More Definitions of Account Balance

Account Balance means, on any given day, the gross amount of all Purchased Receivables unpaid on that day.
Account Balance means, in relation to a Relevant Client Clearing Business of a Clearing Member, an Individual Segregated Account Balance, an Indirect Gross Account Balance, a Custodial Segregated Account Balance or an Omnibus Segregated Account Balance"ACSP Compression Cycle"means a Multilateral Compression Cycle established by the Clearing House and facilitated by an ACSP nominated by the Clearing House, which shall be open to participation by SwapClear Clearing Members either on their own account or with respect to a SwapClear Clearing Client in accordance with the provisions of Regulation 56 and relevant Compression Documentation"Account Information Documents"means the documents called "LCH Account Structures under EMIR" and "Fees for EMIR Segregation Accounts", as published by the Clearing House on its website and made available to Clearing Members and Clearing Clients upon request“Affected ForexClear Option Clearing Member”has the meaning assigned to it in Regulation 101"Affiliated Client Omnibus Net Segregated Account"means, in relation to a Relevant Client Clearing Business, an account opened within the Clearing House by a Clearing Member on behalf of a group of Affiliated Omnibus Segregated Clearing Clients which is designated by the Clearing House as an Affiliated Client Omnibus Net Segregated Account"Affiliated Client Omnibus Segregated Account"means, in relation to a Relevant Client Clearing Business, (i) an Affiliated Client Omnibus Net Segregated Account or (ii) an Omnibus Gross Segregated Account opened on behalf of a group of Affiliated Omnibus Segregated Clearing Clients"Affiliated Omnibus Net Segregated Clearing Clients"means Affiliated Omnibus Segregated Clearing Clients in respect of whom the relevant Clearing Member clears Contracts with the Clearing House in an Affiliated Client Omnibus Net Segregated Account
Account Balance means, with respect to a Participant, a credit on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the vested Company Contribution Account balance, (iii) the Company Matching Account balance, (iv) the Stock Option Account balance, (v) the Restricted Stock Account balance, (vi) Performance Share Account balance, (vii) the Dividend Deferral Account balance and (viii) the Rollover Account balance. The Account Balance, and each other specified account balance, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means the value of the aggregate amount credited to each Participant’s Account under all Accounts, including the Participant’s Elective Deferrals, the earnings or loss of each Annuity Contract or a Custodial Account (net of expenses) allocable to the Participant, any transfers for the Participant’s benefit, and any distribution made to the Participant or the Participant’s Beneficiary. If a Participant has more than one Beneficiary at the time of the Participant’s death, then a separate Account Balance shall be maintained for each Beneficiary. The Account Balance includes any account established under Section 6 for rollover contributions and plan-to-plan transfers made for a Participant, if such contributions are authorized under the Adoption Agreement, the account established for a Beneficiary after a Participant’s death, and any account or accounts established for an alternate payee (as defined in section 414(p)(8) of the Code).
Account Balance means, as of any date, the Deferred Amounts credited to a Participant’s Account, adjusted in accordance with Section 3.4 to reflect the performance of the Participant’s Selected Benchmark Return Options, the Annual Charge, the Debit Balance, (if any) any adjustments in the event of a Capital Call Default, and any payments made from the Account under Article V to the Participant prior to that date.
Account Balance means, with respect to a Participant, a credit on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, (iii) the Company Matching Account balance, and (iv) the RSU Account balance. The Account Balance, and each other specified account balance, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means the fair market value of an account.