Closed Accounts definition

Closed Accounts are, during any calendar month, the number of customer Accounts that are closed, cancelled, or otherwise terminated.
Closed Accounts. Accounts in relation to which the relevant Loan Party has fully closed and settled all amounts owing in respect of such Account and the remaining balance owing in respect of such Account is zero, either through payment and/or write-off.
Closed Accounts. ’ means any account which have been registered with the Company but are deemed closed

Examples of Closed Accounts in a sentence

  • Closed Accounts Member will receive final statement after their account is closed on their normal statement date, depending on what type of account above.

  • Open Accounts1 Networked $ 4.70/account Non-Networked (Excluding Trust Accounts) $16.50/account Trust Accounts $ 6.00/account Closed Accounts No additional charge For billing purposes, Open Accounts are calculated and invoiced at the end of each month using the following formula: Open Accounts plus Closed Accounts, minus the prior month’s Closed Accounts.

  • Closed AccountsClosed accounts will be automatically removed from the Business Direct service 30 calendar days following the date of closure.

  • ACCOUNT SERVICE FEES: Open Account Fee Direct Accounts $10.75/account NSCC - Level III $8.50/account Closed Accounts $2.50/account ACTIVITY FEES: Telephone calls $3.00/call IRAs $2.00/plan IMPLEMENTATION CONVERSION FEES: Data mapping, conversion programming, data Fee waived conversion, two mock conversions, and a dress rehearsal.

  • Fees effective as of fund closing or deconversion: Closed Accounts As stated in fee schedule Closed CUSIP Fee $157 per closed CUSIP per month Above charges are effective through May of the following year to compensate DST for tax reporting and statement production.

  • Annual Per Account Fee: Open Accounts $23.50 Closed Accounts $5.00 Complex Fee: The annual complex fee will be based on the total number of classes of shares of all Funds comprising the Victory Portfolios and Victory Variable Insurance Funds.

  • Networked $9.00/account Non-Networked $15.00/account Closed Accounts All $2.00/account Small Account Fees Retained by the Fund * NOTE: Includes AML/CIP Services (excluding CIP-related search fees).

  • TRANSFER AGENT FEES Annual Per Account Fee: Open Accounts $23.50 Closed Accounts $5.00 Annual Minimum Fees: The above-referenced fees shall be subject to an annual minimum of $25,000 per Fund and $15,000 for each additional class of shares.

  • In the event that the Fund or their respective designees internalize certain functions, the Transfer Agent agrees to renegotiate the following service fees: Open Accounts*: $9.75 per Account per year Closed Accounts: $2.50 per Account per year ▇▇▇ Accounts: $10.00 per Social Security Number Telephone Calls $1.50 per minute+ *An “Open Account” refers to any account on the Transfer Agent’s system that does not have a “Closed” flag on it.

  • ANNUAL ACCOUNT BASED FEES The following per-account fees, applied per year to each shareholder account (open or closed) on BISYS' transfer agency system: Per Non-Networked Accounts $20.00 Per Open Networked Accounts $15.00 Per Closed Accounts $2.00 For these purposes, the following categories constitute an open account on the BISYS system in any one month: open account with balance, open account with zero balance, or open account with negative balance and closed account with activity.


More Definitions of Closed Accounts

Closed Accounts shall be defined as accounts in a closed status with no activity during any one month. BISYS’ fee under this Agreement for the Tax-Free Money Market Fund shall be governed by the Omnibus Fee Agreement between the Trust and BISYS, dated as of July 1, 2004.”
Closed Accounts means (a) those money market deposit accounts held by PBT or held by PSB for its customers as of the Closing Date and (b) those time deposits, whether referred to as time deposits or certificates of deposit, held by PBT or PSB as of the Closing Date, which in either case have been closed.
Closed Accounts means those Deposit Accounts of a Borrower or Subsidiary of a Borrower that such Borrower or Subsidiary will use commercially reasonable efforts to close within 90 days of the Closing Date, as set forth on Schedule 1.1(a).
Closed Accounts. If you close an account, you will have 30 days to remove any information you would like to retain before the account will be removed from your Online Banking. If you have no other open accounts, your Online Banking will be shut down completely after 30 days. MCB Online Banking Alerts