Account Structure definition

Account Structure means all Accounts registered in the Clearing System in the name of one Clearing Participant;
Account Structure. Each member must maintain the minimum balance required in a share/savings account to establish membership. Under the share account, other types of accounts, or subaccounts, may be opened. Examples of other types of accounts available are share draft/checking, club accounts (Christmas, Tax, All Purpose), IRA, share certificates, CSAs (tiered rate accounts), and HSA. The share account and subaccounts may each have individual or joint ownership or beneficiaries. Account Ownership: You can structure the ownership of your account(s) in a variety of ways. Rights and obligations relating to the account will depend on the type of ownership of the account.
Account Structure. The Bank may structure the account to consist of two sub-accounts to take advantage of an interpretation of federal regulations. The sub-accounts, a checking account, and money market account, will be used to allow for the transfer of funds between the accounts. This structure will occur solely on our books and will not be visible to you, nor will it affect your account in any way. Also, this will not affect the FDIC coverage of your account.

Examples of Account Structure in a sentence

  • Clearing Members are required to provide their Clients, at the beginning of their relationship, with information regarding (i) their Account Structure and (ii) the consequences of such Account Structure in case of an Event of Default as described in an Instruction.

  • The said Account Structure is created by LCH SA in accordance with the Clearing Member's instructions pursuant to this Chapter 2 and provided it does not adversely affect, or is not likely to adversely affect, the proper functioning of the Clearing System.

  • Transfer and liquidation of Open Positions, as the case may be, shall be performed under conditions set out in an Instruction, taking into account on the one hand the need to act promptly in the manner LCH SA thinks best to contain its exposure and to mitigate overall market effects and on the other hand, the Account Structure of the Defaulting Clearing Member.

  • Article 3.2.1.7For each Individual Clearing Member, LCH SA opens at least one House Position Account in the House Account Structure of such Individual Clearing Member.

  • Trade Legs Registration in the Fixed Income Clearing System Article 3.2.1.6For each General Clearing Member, LCH SA opens at least: (i) one House Position Account in the House Account Structure of such General Clearing Member; and(ii) one Client Position Account in each Client Account Structure of such General Clearing Member.

  • Our current account structure is listed as Attachment B, District’s Current Account Structure.

  • Section 5.2.2 Account Structure Article 5.2.2.1.The Triparty Repo Transactions registered by LCH SA are aggregated into one Net Position Exposure per Clearing Member and per Basket, in accordance with the appropriate settlement window (same Clearing Day settlement or following Clearing Day settlement).

  • For the purposes of this Clearing Rule Book, the following capitalised terms shall, unless specifically provided otherwise, have the respective meanings set out below: Account Structure: The House Account Structure(s) and the Client Account Structure(s) registered in the Clearing System in the name of a Clearing Member.

  • Consolidated Account Structure with Sweep MechanismWe are interested in earning at then-current interest rates available at all times.

  • The planned delivery time shall not include the wait on the border or the time needed for customs, export, and import formalities, regardless of who is obliged to complete them.


More Definitions of Account Structure

Account Structure means the hierarchical arrangement of all accounts that are party to the agreement, as set out in Schedule 1, and the same may be amended from time to time in accordance with the terms of this Agreement;

Related to Account Structure

  • Support Structure means an existing or new structure that supports or can support a mobile service facility, including a mobile service support structure, utility pole, water tower, building, or other structure.

  • Account Schedule means a computer file or microfiche list containing a true and complete list of Accounts, identified by account number, and setting forth, with respect to each Account, the aggregate amount outstanding in such Account (a) on the Initial Cut-Off Date (for the Account Schedule delivered on the Closing Date) and (b) on the applicable Addition Cut-Off Date (for any Account Schedule relating to Additional Accounts).

  • Soil structure means the arrangement of primary soil particles into compound particles, peds, or clusters that are separated by natural planes of weakness from adjoining aggregates.

  • Account Statement means a periodic statement of the transactions credited or debited to an Account;

  • Customer account service means metering, billing, or such

  • utility structure means transmission and distribution lines

  • Water control structure means a structure within, or adjacent to, a water, which intentionally or coincidentally alters the hydraulic capacity, the flood elevation resulting from the two-, 10-, or 100-year storm, flood hazard area limit, and/or floodway limit of the water. Examples of a water control structure may include a bridge, culvert, dam, embankment, ford (if above grade), retaining wall, and weir.

  • Accessory structure means a structure that is accessory and incidental to a dwelling located on the same lot.

  • Accessory Structure (Appurtenant Structure means a structure located on the same parcel of property as the principal structure and the use of which is incidental to the use of the principal structure. Garages, carports and storage sheds are common urban accessory structures. Pole barns, hay sheds and the like qualify as accessory structures on farms, and may or may not be located on the same parcel as the farm dwelling or shop building.

  • Occupied structure means any building, vehicle, or other place suitable for human occupancy or

  • Residential structure means a premises used or intended to be used for a residence purpose and related facilities appurtenant to the premises, used or intended to be used, as an adjunct of residential occupancy.

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Wireless support structure means a freestanding structure designed to support or capable of supporting small cell wireless facilities. Wireless support structure does not include a utility pole.

  • Certified historic structure means a building that is

  • Historic Structure means any structure that is:

  • Sign structure means the assembled components that make up an outdoor advertising display, including, but not limited to, uprights, supports, facings, and trim. A sign structure may contain 1 or 2 signs per facing and may be double-faced, back to back, T-type, or V-type.

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.

  • Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.

  • Structure means a walled and roofed building, a manufactured home, or a gas, liquid, or liquefied gas storage tank that is principally above ground.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Temporary Structure means any structure that is apparently temporary in nature;

  • Investment Strategy Modification means with respect to an Investment Strategy, the Portfolio Administrator makes operational adjustments to the Investment Strategy to ensure that, so far as possible, the basic principles and economic effect of the Investment Strategy are maintained or any material modification to the Investment Strategy or its implementation by the Portfolio Administrator.

  • Permanent structure means a permanent building or permanent structure that is anchored to a permanent foundation with an impermeable floor, and that is completely roofed and walled (new structures require a door or other means of sealing the access way from wind driven rainfall).

  • Locational UCAP means unforced capacity that a Member with available uncommitted capacity sells in a bilateral transaction to a Member that previously committed capacity through an RPM Auction but now requires replacement capacity to fulfill its RPM Auction commitment. The Locational UCAP Seller retains responsibility for performance of the resource providing such replacement capacity.

  • Account Name means the name of the individual who lives with the child(ren) and who applies for the Children’s Health Insurance Program coverage on behalf of the child(ren).

  • Nonconforming structure means a structure the size, dimension or location of which was lawful prior to the adoption, revision or amendment of a zoning ordinance, but which fails to conform to the requirements of the zoning district in which it is located by reasons of such adoption, revision or amendment.