Common Account definition

Common Account means the account by that name established in the Debt Service Reserve Fund pursuant to the Second Resolution.
Common Account means the account established and continued under section 39A(1).
Common Account means, as the context indicates, the Common Account established in the Debt Service Reserve Fund or the Subordinated Debt Service Reserve Fund pursuant to Section 502(b) hereof.

Examples of Common Account in a sentence

  • Investors are requested to note that, MFUI will allot a Common Account Number (“CAN”), a single reference number for all investments in the Mutual Fund industry, for transacting in eligible schemes of various Mutual Funds through MFU and to map existing folios, if any.

  • Common Account Number (“CAN”): Investors are required to submit duly filled in CAN Registration Form (“CRF”) and prescribed documents at the MFUI POS to obtain CAN.

  • Investors are requested to note that, MFUI will allot a Common Account Number (“CAN”), a single reference number for all investments in the Mutual Fund industry, for transacting in multiple Schemes of various Mutual Funds through MFU and to map existing folios, if any.

  • MF Utility for Investors UTI AMC Ltd has entered into an agreement with MF Utilities India Private Ltd (MFUI) for usage of MF Utility (MFU), a shared service initiative of various Asset Management Companies, which acts as a transaction aggregation portal for transacting in multiple Schemes of various Mutual Funds with a single form and a single payment instrument through a Common Account Number (CAN).

  • The Public Trustee shall invest moneys in a reserve fund in the Common Account.


More Definitions of Common Account

Common Account means an account linked to a specific Common. The Common Account is used by the Common to manage the funds of the Common and the use thereof. The Common Account is an information and management tool which allows the members of the Common to view the balance of the funds available to the Common and the transactions made by the Common, including the Funding received by the Common Members and the payments made by the Common. The Common Account also includes (i) the Protocol of the Common; (ii) list of the Common Members and their details; (iii) the communications of the Common Members through the Platform; (iv) Agenda Proposals, votes and decisions of the Common, through the Platform. The term “Common Account” does not relate to any bank account, payment account or any other type of financial account
Common Account means an account held with a credit, financial and, or payment institution licensed in a Member State of the European Union or the European Economic Area;
Common Account means a Qualified Customer who was also a customer of Purchaser during the twelve month period immediately preceding the Closing Date, provided that the total gross revenues received by Purchaser was at least 30% of the combined gross revenues received by Purchaser and Seller from such customer during such twelve month period. It is hereby acknowledged that Metalor U.S.A. shall not be considered a "Common Account" for the purposes of this Agreement. In addition, if the total gross revenues received by Seller from a Common Account during such twelve month period is less than 30% of the combined gross revenues received by Purchaser and Seller from such customer during such period, then Purchaser shall not be entitled to receive any additional payment with respect to such customer pursuant to this Section 3.4. Seller may audit appropriate records of Purchaser during Purchaser's regular business hours, on reasonable advance written notice to Purchaser to verify that additional payments are being properly computed and paid.
Common Account means the account by that name established in the Debt Service Reserve Fund pursuant to Section 502 hereof.
Common Account has the meaning given to such term in the Common Terms Agreement.
Common Account means the Common Account established in the Debt Service Reserve Fund pursuant to Section 502(b) hereof.