Cash Value Investment Account definition

Cash Value Investment Account means the account maintained under the Plan as part of a Participant’s Certificate to record a Participant’s interest in the cash value of the Certificate including Company Contributions and Participant Contributions credited to such account.
Sample 1

Examples of Cash Value Investment Account in a sentence

  • To the extent provided herein, each Cash Value Investment Account will be (i) credited with any initial contribution made by a Participant pursuant to Section 3.03, Participant Contributions and Company Contributions and (ii) adjusted to reflect investment gains and losses of the Separate Accounts attributable to such Cash Value Investment Account.

  • A Participant will at all times be fully vested in his Cash Value Investment Account.

  • Two (2) sets of the approved site plan and the complete and detailed Plans and Specifications for the development of the Improvements which Borrower shall have approved in writing and which shall be satisfactory to Lender, including any changes or modifications thereto to the date of receipt by Lender, and any and all construction contracts or other documents in the possession or control of Borrower relating to the construction of the Improvements.

  • Where an additional requirement is identified on the day of the Consultation and cannot be accommodated, the Contractor will arrange a mutually agreeable alternative Consultation time when they can meet the Claimant’s additional requirement.

  • Quarterly and Annual statements from the Insurer will be distributed to Participants reflecting the investment earnings, gains and losses of the Separate Accounts Participant’s Cash Value Investment Account.

  • Each Participant shall be provided with a Certificate and the Committee will establish and maintain a Cash Value Investment Account on behalf of each Participant.

  • The Committee may limit or restrict the Company Contributions to a Participant’s Cash Value Investment Account or take any other action to the extent necessary or desirable to prevent (i) the cash surrender value of the Certificate from exceeding the amount necessary to fund future premiums under the Certificate in accordance with Code Section 7702 or (ii) the Certificate form being deemed a modified endowment contract within the meaning of Code Section 7702A.

  • The Participating Company will have the full power and authority to withhold and pay any estate, inheritance, income, employment or other tax which it will be required to pay or withhold out of any monies or other property in the Participating Company’s hand for the account of the Participant or Beneficiary whose interests hereunder are so affected (including, without limitation, by reducing and offsetting the Participant’s or Beneficiary’s Cash Value Investment Account balance).

  • Such Participant may make subsequent Investment Elections as of any Valuation Date, and each such election will apply to all such specified contributions credited to such Participant’s Cash Value Investment Account after the Insurer has a reasonable opportunity to process such election pursuant to such procedures as the Insurer may determine from time to time.

  • Each Cash Value Investment Account of a Participant will be maintained until the value thereof has been distributed to or on behalf of such Participant or his Beneficiary.

Related to Cash Value Investment Account

  • Investment Account As defined in Section 3.12(a).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.09(b) as a result of the delivery of a Reinvestment Notice.

  • Investment Proceeds means, with respect to any Distribution Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 2000-1 Accounts, together with an amount equal to the Series 2000-1 Investor Allocation Percentage of the net interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Cash Equivalent Investment means, at any time:

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Holding Account means an account:

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Liquid Investments means (a) readily marketable direct full faith and credit obligations of the United States of America or obligations unconditionally guaranteed by the full faith and credit of the United States of America; (b) commercial paper issued by (i) any Lender or any Affiliate of any Lender or (ii) any commercial banking institutions or corporations rated at least P-1 by Moody’s or A-1 by S&P; (c) certificates of deposit, time deposits, and bankers’ acceptances issued by (i) any of the Lenders or (ii) any other commercial banking institution which is a member of the Federal Reserve System and has a combined capital and surplus and undivided profits of not less than $250,000,000 and rated Aa by Moody’s or AA by S&P; (d) repurchase agreements which are entered into with any of the Lenders or any major money center banks included in the commercial banking institutions described in clause (c) and which are secured by readily marketable direct full faith and credit obligations of the government of the United States of America or any agency thereof; (e) investments in any money market fund which holds investments substantially of the type described in the foregoing clauses (a) through (d); (f) readily and immediately available cash held in any money market account maintained with any Lender; provided that, such money market accounts and the funds therein shall be unencumbered and free and clear of all Liens and other third party rights other than a Lien in favor of the Administrative Agent pursuant to the Security Documents; and (g) other investments made through the Administrative Agent or its Affiliates and approved by the Administrative Agent. All the Liquid Investments described in clauses (a) through (d) above shall have maturities of not more than 365 days from the date of issue.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Cash Equivalent Investments means at any time:

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Other Investments Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund, other than Company Stock.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.