Cash Balance Account definition

Cash Balance Account means the account that the Customer has placed advance fund with the Company in the amount identical to the full amount of the Securities to be purchased, prior to the securities trading; that has an agreement allowing the Company to deduct fund, upon the Company’s instruction, from the Customer’s account in which the fund is deposited to cover the purchase of securities in full, prior to the securities trading; or that the Customer has remitted fund obtained from sale of securities into such account prior to the securities trading or has transferred fund obtained from sale of securities into such account.

Cash Balance Account means, with respect to any Participant, the bookkeeping account established with respect to the Participant under Article 5 below.

Cash Balance Account means the notional account deemed to have been established for each Member for the purpose of determining each Member's benefit under the Cash Balance Formula.

Examples of Cash Balance Account in a sentence

• The initial Cash Balance Account for such participants shall be established in accordance with Section 4.1(e)(2).

• Most salaried employees of Ameren and its subsidiaries, including the NEOs, earn benefits in the Cash Balance Account under the Ameren Retirement Plan (the “Retirement Plan”) immediately upon employment.

• The Appropriate Committees shall cause the Company to establish and maintain records of the Plan, of each Capital Accumulation Account and Cash Balance Account and of each subaccount thereof established for any Participant hereunder.

• From and after the Determination Date, the SEVP-HR shall maintain a record of each Named Participants’ Target Retirement Cash Balance Account.

• Each Appropriate Committee's interpretations and constructions of the Plan and actions thereunder, including but not limited to the determination of the amounts to be credited to any Capital Accumulation Account or Cash Balance Account, shall be binding and conclusive on all persons and for all purposes.

More Definitions of Cash Balance Account

Cash Balance Account means the notional account maintained under the pension plan sponsored by the Company or its affiliates to record cash balance plan benefits.

Cash Balance Account means a cash account that is used for trading securities with the company for which the Customer has deposited money in advance to the Company before trading the securities.

Cash Balance Account means the notional account deemed to have been established for each Participant for the amount determined pursuant to section 5.1(c), (d), (e), and (f); and with reference to which the Projected Cash Balance Account is determined.

Cash Balance Account means the hypothetical account established for each Appendix G Member pursuant to Section III of this Appendix G.

Cash Balance Account means the separate bookkeeping account established and maintained for each Participant as provided in Article 3.

Cash Balance Account means the notional account described in Section 3.1 and maintained for each Member pursuant to Section 3.5.

Cash Balance Account means a hypothetical bookkeeping account to which is credited the allocations and interest credits on behalf of a CEI Participant pursuant to Article IV.