Account Ownership definition

Account Ownership. The Bank may rely solely on its records to determine the form of ownership of your account. The bank may presume that any person named, in addition to you in its records, owns the funds in your account as a co-owner. Account ownership is non-transferrable.
Sample 1Sample 2Sample 3
Account Ownership means that a person has an active, self-directed brokerage account on the INDEX OWNER’s website: https://www.sofi.com/.
Sample 1Sample 2
Account Ownership. The Participant and the Michigan XXX Program own the XXX account jointly; both parties have access to all account information and any withdrawal requires the signature of both parties. • Cosigner on XXX Account: Michigan XXX Program cosigns on all accounts and has access to all account-related information from the bank. All withdrawals must have the signatures of both the individual Participant and an authorized Michigan XXX Program Representative. • Participation in Data Collection: Individuals may be asked to complete surveys, participate in interviews, and/or provide personal and financial information to the Michigan XXX Program and/or to an independent evaluator. The funding organizations of this contract, the Regional Coordinating Organizations and the Department of Human Services, reserve the right to request this information. All such information will be kept confidential.
Sample 1

Examples of Account Ownership in a sentence

  • The most current version of this agreement is always available at www.Siebertnet.com, or you may obtain a copy free of charge by calling 800-872-0444.1. Application Approval and Account Ownership: An account will be opened for you in the requested registration once your application has been approved.

  • The Company does not directly manufacture products but rather designs, and “contracts to manufacture” from its suppliers, certain branded and generic products.The Rule requires companies to disclose their use of conflict minerals (as defined below) if those minerals are “necessary to the functionality or production of a product” manufactured or contracted to be manufactured by those companies.

  • Types of account ownership for Consumer and Business Accounts and certain rights of account ownership are described in the separate document entitled Account Ownership Terms and Conditions.

  • You agree to be bound by the terms in the Account Ownership Terms and Conditions, and agree that they may change from time to time.

  • Account Ownership THE TYPE OF ACCOUNT OWNERSHIP MAY DETERMINE HOW YOUR FUNDS ARE PAID IF YOU DIE, EVEN IF YOUR WILL STATES OTHERWISE.

  • Please ask for a copy of the Account Ownership Terms and Conditions or visit www.

  • Account Ownership The following rules apply to your Account(s) depending on the form of ownership and beneficiary designation, if any, specified on the Account records.

  • Account Ownership Some General Terms When you open an account, we may rely on information you give us and we maintain in our records.

  • Transfer of Account Ownership is not permitted, except in the case of the death of an Account Owner.

  • Total Population: 42.2 million (2018) Rural Population: 27% Account Ownership (2017) Mobile subscriber penetration 52% 75% Unbanked 57% Banked 43% Internet penetration 0% 20% 40% 60% 80% 100% Digital Payments Received or Made in the Last Year (2017) 26% Algeria is an oil-rich nation with relative socioeconomic stability.

Related to Account Ownership

  • Account Owner means a telecommunications company, including SBC-13STATE, that stores and/or administers Line Record Information and/or Group Record Information in a Party’s LIDB and/or Calling Name Database.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Direct Account : means any Account which is not an ISA Account.

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Joint Account Holder means a person in whose name a Joint Account is maintained;

  • Originators have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • ACH means automated clearing house transfers.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Percentage Ownership means, with respect to any Shareholder at any time, (i) the number of shares of Fully Diluted Common Stock that such Shareholder beneficially owns (and (without duplication) has the right to acquire from any Person) at such time, divided by (ii) the total number of shares of Fully Diluted Common Stock at such time.

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Change of Ownership means a change in the individual or legal organization that is responsible for the operation of a nursing facility. Change of ownership does not include changes in personnel, e.g., a change of administrators. Events that change ownership include, but are not limited to, the following:

  • Company-Sponsored Equity Account means an account that is created with the Equity Account Administrator in connection with the administration of the Company’s equity plans and programs, including the Plan.