Account Benefits definition

Account Benefits means the ancillary benefits available to Cardholders, including but not limited to credit insurance, debt cancellation programs, and rewards programs, which benefits may be offered to Cardholders by Seller or a third party who has contracted with Seller to provide such services.
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Examples of Account Benefits in a sentence

  • Upon the death of the Executive or a former Executive prior to the receipt of the full amount of Deferred Compensation Account Benefits, the balance of such benefits shall be paid by the Corporation to the applicable surviving designated Beneficiary or Beneficiaries as soon as practicable in the manner elected in writing by the Executive, or, if no such election is made, by single sum payment.

  • Purchaser may communicate with Cardholders about Purchaser’s Account Benefits including, but not limited to, Purchaser’s reward program, if applicable, at anytime prior to cancellation or termination of Seller’s Account Benefits.

  • Purchaser’s communication of the Purchaser’s Account Benefits will be sent to Cardholders prior to the Conversion Date, which may necessitate that such communication occur prior to the Closing Date.

  • Where a third party is providing one or more Account Benefit(s), Seller shall be solely responsible for working with providers of such benefits for the timely cancellation of such benefits (which Seller acknowledges was Seller’s decision in connection with entering into this Agreement), and Seller shall indemnify and hold harmless Purchaser from any claims that a third party Account Benefit provider may have in connection with the cancellation of the agreement between such third party and Seller.

  • To the extent that Seller provides, or facilitates through a third party the provision of Account Benefits to Cardholders related to use of their Accounts, Seller shall cooperate with Purchaser to facilitate the continued enjoyment by Cardholders of the applicable Account Benefit(s) as close to the Conversion Date as possible, but may not terminate Seller’s Account Benefits prior to the time that Purchaser may communicate Purchaser’s Account Benefits to Cardholders.

  • Prior to the mailing of any change in terms notice(s) to Cardholders, such notices may be reviewed and approved (such approval rights shall not include approval of any Account terms, such as pricing, new Account Benefits or changes to the Cardholder Agreements) by Seller, which approval shall not be unreasonably withheld or delayed and shall be deemed given if Seller does not reply within ten (10) Business Days following Purchaser’s request for review.

  • Bonus payments made over the applicable Severance Period shall be paid at the same time as the salary continuation payments described in Section 4.01(b) and in accordance with Article V.(h) Medical, Dental and Health Care Reimbursement Account Benefits.

  • The Participant shall also receive a cash payment equal to his or her Annual Bonus for the Severance Period applicable to the Participant as set forth in the Bonus Payment Schedule in the Appendix, which shall be paid in accordance with Article V.(h) Medical, Dental and Health Care Reimbursement Account Benefits.

  • The Annual Bonus Severance Payment shall be paid in cash to the Participant no earlier than the end of the applicable revocation period described in the definition of Release and no later than the March 15th of the calendar year following the calendar year in which the Participant’s Separation from Service Date occurs.(d)Medical, Dental and Health Care Reimbursement Account Benefits.

  • In the absence of any such beneficiary designation, the participant’s beneficiary designation under the Retirement Plan shall control or, in the absence of any such designation under the Retirement Plan, the participant’s Retirement Account Benefits shall be paid to the same person or entity as under the Retirement Plan.

Related to Account Benefits

  • Relevant Benefits means any pension, annuity, lump sum, gratuity or other like benefit given or to be given on retirement or death, or in anticipation of retirement.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Retirement Benefit means the benefit set forth in Article 5.

  • Service benefit means the credit toward retirement benefits as determined by the

  • Termination Benefit means the benefit set forth in Article 7.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Employment benefits means all benefits provided or made

  • Employer Contributions means all amounts paid into ASRS by an

  • Societal benefits charge means a charge imposed by an electric

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.