Continuing Account definition

Continuing Account means the continuing ISA account of a deceased Investor who passes away on or after 6th April 2018.
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Continuing Account means the continuing ISA account of a deceased Investor who
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Continuing Account means (A) any Existing Account set forth on Annex 6 (Management Fees and Assets Under Management) and designated as an “Included Account” therein, and (B) any New Account, and with respect to each of (A) and (B), (i) that remains in existence as of the relevant Determination Date, (ii) the Assignment Requirements for which have been satisfied on the relevant Determination Date, and (iii) that is not Terminated Account on the relevant Determination Date. For the avoidance of doubt, a Continuing Account will not include any Contingent Account;
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Examples of Continuing Account in a sentence

  • From the Conversion Date through the date that is thirty (30) calendar days after the Conversion Date, Seller and Buyer shall cooperate in good faith to reconcile all Continuing Account balances following the Bulk Cash Assets Transfer against the Continuing Account balance information set forth in the final Available Balance Report.

  • While your Account is a Continuing Account, it will still be exempt from UK income tax and capital gains tax.

  • While your Account is a Continuing Account, operations on the Account will be frozen (apart from payment of interest or other income into the Account, where relevant).

  • However, if an APS subscription is made before the Continuing Account is closed, the APS subscription will be limited to the value of the deceased’s ISA at date of death.

  • If you die, we will designate your Account as a “continuing account of a deceased investor” under the ISA Regulations (we will call this a Continuing Account).

  • If your personal representatives send us a written instruction by post to close your Continuing Account, we will act on those instructions provided they have given us certified copies of your death certificate and the evidence of their authority to act on behalf of your estate (for example, a grant of probate or grant of representation).

  • If you have died and your Cash LISA is a Continuing Account, your personal representatives must give us 95 days’ written notice by post to request withdrawal of the full balance of the Continuing Account and its closure.

  • Subscriptions are limited, in aggregate, to the higher of either the value of the deceased’s ISA at their date of death or the value at the point the ISA ceases to be a Continuing Account.

  • If your personal representatives do not contact us before the third anniversary of your death to close your Continuing Account, on the third anniversary the Account will no longer be a Continuing Account.

  • If your APS allowance is transferred before the date upon which the Account ceases to be a Continuing Account of a Deceased Investor, then the APS allowance will be the value of the deceased ISA investor’s Account as at the date of death.


More Definitions of Continuing Account

Continuing Account means (A) any Existing Account set forth on Annex 6 (Management Fees and Assets Under Management) and designated as an “Included Account” therein, and (B) any New Account, and with respect to each of (A) and (B), (i) that remains in existence as of the relevant Determination Date, (ii) the Assignment Requirements for which have been satisfied on the relevant Determination Date or which is otherwise identified on Annex A, and (iii) that is not Terminated Account on the relevant Determination Date. For the avoidance of doubt, a Continuing Account will not include any Contingent Account;”
Sample 1
Continuing Account means (A) any Existing Account set forth onAnnex 3 (Management Fees and Assets Under Management) and designated as an “Included Account” therein, and (B) any New Account, and with respect to each of (A) and (B), (i) that remains in existence as of the relevant Determination Date, (ii) the Assignment Requirements for which have been satisfied by 5:00 p.m., New York City time, on the relevant Determination Date, (iii)
Sample 1
Continuing Account means (A) any Existing Account set forth onAnnex 6 (Management Fees and Assets Under Management) and designated as an “Included Account” therein, and (B) any New Account, and with respect to each of (A) and (B), (i) that remains in existence as of the relevant Determination Date, (ii) the Assignment Requirements for which have been satisfied on the relevant Determination Date or which is otherwise identified on Annex A, and (iii) that is not Terminated Account on the relevant Determination Date. For the avoidance of doubt, a Continuing Account will not include any Contingent Account;”
Sample 1
Continuing Account means (A) any Existing Account set forth on Annex 3 (Management Fees and Assets Under Management) and designated as an “Included Account” therein, and (B) any New Account, and with respect to each of (A) and (B), (i) that remains in existence as of the relevant Determination Date, (ii) the Assignment Requirements for which have been satisfied by 5:00 p.m., New York City time, on the relevant Determination Date, (iii) that was not or is not terminated, and with respect to which the applicable Client has not provided to the Target Companies or the Sellers written notice to terminate or to withdraw all funds from such Existing Account or New Account prior to the relevant Determination Date, and (iv) in the case of a Fund, with respect to which the manager and/or investment advisor to such Fund has not issued a written recommendation to unwind such Fund, or the required percentage of the investors in such Fund (as set forth in the applicable Fund Documents) have not voted or consented to, or otherwise evidenced in writing a determination to, unwind such Fund, prior to the relevant Determination Date. For the avoidance of doubt, a Continuing Account will not include any Contingent Fund;
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Related to Continuing Account

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Controlled Disbursement Account means any accounts of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Holding Account means an account:

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • 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.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Facility Account means the account of Seller at Bank One, Account ---------------- No. 10-36987.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

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

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Collection Account Control Agreement means the Amended and Restated Collection Account Control Agreement, dated as of the date hereof, among the Borrower, the Servicer, the Administrative Agent and the Collection Account Bank, substantially in the form of Exhibit D-3 hereto, as amended, modified or supplemented from time to time.

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