Beneficial Account definition

Beneficial Account means all accounts in the name of or for the benefit of an Employee, his or her spouse, dependent children or any person living with an Employee or to whom an Employee contributes economic support, as well as any other non-Company client account with respect to which an Employee exercises investment discretion or provides investment advice.
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Beneficial Account means all individually numbered accounts (i.e., meters) of one in- state retail end user eligible to receive monetary bill credits associated with the energy produced at a Customer Host account.1
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Beneficial Account means an in-state retail end user of an electric distribution company designated by a customer host or an agricultural customer host in such electric distribution company's service area to receive virtual net metering credits from a virtual net metering facility or an agricultural virtual net metering facility;
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Examples of Beneficial Account in a sentence

  • No Employee shall purchase or sell any Security for any Beneficial Account, unless the proposed purchase or sale has been reported to and pre-cleared by the Compliance Officer, or in his or her absence, the Legal Department.

  • Access Persons that do not have any Securities holdings or Beneficial Account information to report must submit a report certifying that the Access Person does not have any reportable information as of the date of the report.

  • No Access Person shall purchase or sell any Security for any Beneficial Account, unless the proposed purchase or sale has been reported to and pre-cleared by the Chief Compliance Officer, or in his or her absence, the Legal Department.

  • For the complete 24 Hour Policy, see the Associate and Beneficial Account Trading – Securities Followed by Baird Research section of the Compliance Basics for All Associates Manual.

  • The Client’s Credit balance in the ledger, the securities held in Beneficial Account, cash margin if any,POA stock etc.

  • The Beneficial Account Credit Allocation Form will be available on the respective EDC’s websites.

  • Prior to receiving Approval to Energize from the EDC, the Customer Host may submit a revised Beneficial Account Credit Allocation Form (“BACAF”) to the relevant EDC.

  • Employees shall not open or maintain a brokerage account for their own account or for any Beneficial Account unless the Employee directs the broker to provide duplicate confirmations and account statements to the Compliance Department.

  • Forms can be emailed to:• Eversource: CTCOMMRenewables@eversource.com• United Illuminating: NRES@uinet.com Any Beneficial Account may have multiple billing accounts associated with it.

  • For Netting Tariff Projects, any monthly net excess generation at the Customer Host’s retail meter will be converted to monetary bill credits that will be allocated to the billing account(s) of the Beneficial Account as designated on the BACAF.


More Definitions of Beneficial Account

Beneficial Account means an Agricultural Beneficial Account, Municipal Beneficial Account, Municipal Critical Facility Beneficial Account, State Beneficial Account or State Critical Facility Beneficial Account as appropriate for the context of its usage. For all purposes pursuant to service under this rider a Municipal Beneficial Account must be an account of a Municipal Related Customer, and a State Beneficial Account must be the account of a State Related Customer, as defined below.
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Beneficial Account means an in-state retail end user of an electric distribution company designated by a customer host in such electric distribution company's service area to receive virtual net metering credits from a virtual net metering facility;
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Beneficial Account means an account maintained under the direction of the Investment Administrator which records a Participant’s interest in funds invested by such Participant in the Program in any of the Joint Account, an Individual Portfolio, or other investment vehicle.
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Beneficial Account means an in-state[retail] end user of an
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Beneficial Account means an account in the name of or for the benefit of an employee of the Fund or the Company (or of any company in a control relationship to the Fund or Company), his or her spouse, dependent children or any person living with an employee or to whom an employee contributes economic support, as well as any other non-Company client account with respect to which an employee exercises investment discretion or provides investment advice.
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Related to Beneficial Account

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Capital Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Preferred Security Beneficial Owner means, with respect to a Book Entry Interest, a Person who is the beneficial owner of such Book Entry Interest, as reflected on the books of the Clearing Agency, or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Rule 144A Global Certificate With respect to any Class of Book-Entry Certificates, a single global Certificate, or multiple global Certificates collectively, registered in the name of the Depository or its nominee, in definitive, fully registered form without interest coupons, each of which Certificates bears a Qualified Institutional Buyer CUSIP number and does not bear a Regulation S Legend.

  • Global Certificate means a Certificate that evidences all or part of the Units and is registered in the name of the Depositary or a nominee thereof.

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

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Regulation S Permanent Global Certificate means any single permanent global Certificate, in definitive, fully registered form without interest coupons received in exchange for a Regulation S Temporary Global Certificate.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

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

  • Restricted Global Certificate Has the meaning specified in Section 3.01(c).

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Personal Account means any account owned by, or in the name of, an OppenheimerFunds Employee or Access Person in which Securities may be held or any such account in which an Employee (including an Access or Investment Person) has a Beneficial Interest.

  • Regulation S Global Certificate With respect to any Class of Book-Entry Non-Registered Certificates offered and sold to institutions that are non-United States Securities Persons in Offshore Transactions in reliance on Regulation S, a single global Certificate, or multiple global Certificates collectively, in definitive, fully registered form without interest coupon, each of which Certificates bears a Regulation S Legend.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.