Account Year definition

Account Year means a year ending on the 31st March
Account Year means the period beginning on October 1 and ending on September 30 of each year.
Account Year means the 12 month period from the date that the account was opened and each subsequent period of 12 months thereafter.

Examples of Account Year in a sentence

  • When a variable Annuity Payment has been elected, four free Transfers are allowed each Account Year among the Subaccounts available during the Annuity Period.

  • You may have to pay an early repayment charge at the end of an Account Year as described in the Mortgage Offer.

  • We will also recalculate the Monthly Payments to take account of any Overpayments at the end of an Account Year or whenever we change the Monthly Payment under condition 5.6 (and we will always do this if the amount of the Overpayments exceeds £1,000).

  • Within 90 days from the close of each Custodial Account Year, the Custodian shall render an accounting (valuing the assets fair market value) to the Responsible Individual, which accounting may consist of copies of regularly issued broker-dealer statements to the Custodian.

  • These definitions apply only to this section 21: Account Year means the period of 12 Months from the Funds Release Date (as defined in section 1) and each successive period of 12 Months afterwards.Flexible Options means the ability to make Overpayments, Underpayments and to take Payment Holidays in line with this section 21.Overpayment Fund means the maximum amount that we are prepared to allow you to underpay on your Flexible Mortgage, whether as a result of an Underpayment or a Payment Holiday.


More Definitions of Account Year

Account Year means a year ending on [31 March].
Account Year means the company’s financial year;
Account Year shall have the meaning set forth in Section 3(G)(ii)(a).
Account Year means the licensee’s financial year;
Account Year means a year ending on the 31st March or such annual period as the Landlord may at its discretion determine from time to time and notify in writing to the Tenant
Account Year means the twelve-month period beginning on
Account Year. The first Account Year is the annual period which begins on the most recent Reset Date for an Account. Subsequent Account Years begin on each Account Anniversary.