Account holding definition

Account holding means all Securities held from time to time by an Agent or by us on your behalf under these Terms and Conditions.

Examples of Account holding in a sentence

  • The Custodian may determine that the Company has opened an Account holding Property which may include, in whole or in part, Deposits on behalf of the beneficial owner(s) of the funds in the Account (for example, as an agent, nominee, guardian, executor, custodian or funds held in some other capacity for the benefit of others), and that those beneficial owners may be eligible for “pass-through” insurance from the FDIC.

  • Any Inactive Account, holding zero (0) balance / equity, shall be treated as dormant accounts.

  • Any Inactive Account, holding zero balance / equity, shall be treated as dormant accounts.

  • Funds necessary for any such restoration shall be provided through payment made by the Employer, or by the Trustee to the extent the error or omission is attributable to actions or inactions of the Trustee, or if the restoration involves an Account holding amounts contributed by an Employer, the Administrator may direct the Trustee to use amounts from the Forfeiture Account.

  • The Custodian may determine that the Company has opened an Account holding Property which may include, in whole or in part, Deposits on behalf of the beneficial owner(s) of the funds in the Account (for example, as an agent, nominee, guardian, executor, custodian or funds held in some other capacity for the benefit of others), and that those beneficial owners may be eligible for "pass-through" insurance from the FDIC.

  • Sub-Account - A division of the Series Account holding the shares of a Portfolio in the Investment Strategy, the Income Strategy, or both.

  • Sub-Account - A division of the Series Account holding the shares of a Portfolio in the Investment Segment, the Income Segment, or both.

  • The Account holding the assets of Aetna, other than those assets held in the Separate Accounts.

  • Obligor agrees that all items of income, gain, expense and loss recognized in any such Securities Account or Deposit Account, or any Securities Account holding Collateral or in respect of any other Investment Property constituting Collateral, shall be reported to the Internal Revenue Service and all state and local taxing authorities under the name and taxpayer identification number of Obligor.

  • The Company shall ensure that any Account holding Deposits which are the subject of the security constituted by this Agreement is not and does not become a dormant account within the meaning of the Dormant Bank and Building Society Accounts ▇▇▇ ▇▇▇▇.