Cash Account Balance definition

Cash Account Balance means the amount standing to the credit of a Cash Account from time to time including any interest thereon.

Cash Account Balance. As of any date, the net amount of funds in the Cash Account on such date.

Cash Account Balance means, as of a given date, the sum of the Cash Contributions credited to a Participant's Account and not applied to the purchase of Program Shares.

Examples of Cash Account Balance in a sentence

• Provided that the Charged Assets (and the Custody Cash Account Balance, if any) have been delivered and/or paid to Buyer on or prior to the Early Termination Date, Buyer shall pay to Seller an amount equal to the Bond Redemption Amount on the Early Termination Date.

• In determining a Participant’s Qualified Retirement Benefit, the Participant’s Cash Account Balance shall not be credited with Pay Credits for any period of time on or after October 1, 2001, and in the case of a Participant who is a Grandfathered Participant, the Grandfathered Benefit shall be calculated considering the Participant’s Final Average Earnings, Credited Service (not in excess of 20 years) and Social Security offset as of October 1, 2001.

• The balance standing to the credit of the Retained Cash Account from time to time (if any) (the Retained Cash Account Balance) or any other security provided pursuant to Clause 3.2(b) above (if any) shall, for the purposes of the Credit Agreement, be additional security provided by the Borrowers pursuant to Clause 16.15(b) of the Credit Agreement.

• Following the end of the Waiver Period, provided that the Leverage Ratio is then 75 per cent or less (excluding all or such part of the Retained Cash Account Balance and any other security provided pursuant to Clause 3.2(b) above as the Representative Borrower requests be released), the Facility Agent shall allow the release to theRepresentative Borrower of the requested amount of the Retained Cash Account Balance and the relevant requested other security provided pursuant to Clause 3.2(b) above.

• The Cash Account Balance will accrue interest (“Cash Account Interest”), which will be payable to the Cash Account on a daily basis, at the prevailing Barclays overnight rate for US$ deposits.

More Definitions of Cash Account Balance

Cash Account Balance means, with respect to a Participant, the sum of: (i) the Cash Deferral Account; (ii) the vested portion of the Company Matching Account balance; and (iii) the Rollover Account balance. This account, and each other specified account, shall be a bookkeeping entry only and shall be utilized solely as a

Cash Account Balance means, in respect of any Interest Payment Date, the amount in EUR standing to the credit of the Cash Account, as determined by the Custodian on the Interest Determination Date, and as notified to the Calculation Agent and the Principal Paying Agent on such date. For the avoidance of doubt, for the purposes of the determining the Cash Account

Cash Account Balance means, in respect of any Interest Payment Date, the amount in EUR standing to the credit of the Cash Account, as determined by the Custodian on the Interest Determination Date, and as notified to the Calculation Agent and the Principal Paying Agent on such date. For the avoidance of doubt, for the purposes of the determining the Cash Account Balance in respect of the Final Interest Payment Date, the Cash Account Balance shall exclude (a) an amount equal to the proceeds of redemption of any of the First Securities that have been received by or on behalf of the Issuer and deposited in the Cash Account on or prior to the Final Interest Payment Date and (b) the proceeds of sale of the Second Securities that have been received by or on behalf of the Issuer and deposited in the Cash Account on or prior to the Final Interest Payment Date.

Cash Account Balance means, as to a Participant, that portion of his or her Account Balance which is attributable to his or her Base Annual Salary Account, Annual Bonus Account and Company Contribution Account."

Cash Account Balance. The net amount of funds in the Cash Account.

Cash Account Balance means, with respect to a Participant, the sum of: (i) the Cash Deferral Account; and (ii) if applicable, the vested portion of the Company Matching Account balance. This account, and each other specified account, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

Cash Account Balance means, with respect to any Participant as of any determination date, an amount denominated in U.S. dollars equal to the following as of such determination date (i) an amount equal to the principal and interest payments received by the Rabbi Trust on the Promissory Note, if any, to the extent held for the account of the Participant, plus (ii) an amount equal to any dividends on, or proceeds of sale of, the Shares received by the Rabbi Trust and allocated to the account of the Participant, less (iii) all cash distributions made to the Participant under the Plan.