Contribution Account definition

Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

Contribution Account means an account established for each Participant to which payroll deductions under the Plan are credited in accordance with Section 7.

Contribution Account. The account established pursuant to Section 10.3(f).

Examples of Contribution Account in a sentence

• Each Borrower shall require that all Investors in such Borrower fund or cause to be funded to the Capital Contribution Account of the applicable Borrower all monies or sums paid or to be paid by any such Investor as Capital Contributions as and when Capital Contributions are called pursuant to the Capital Call Notices (or, if a Borrower receives such payments directly, to deposit such Capital Contributions promptly into the Capital Contribution Account of the applicable Borrower).

• Each accepted Contribution will be deposited into the Contribution Account.

• Any amounts deposited into the Contribution Account pursuant to clause (ii) of the definition of “Contribution” will be deemed for all purposes as having been paid to the Contributor pursuant to the Priority of Payments and subsequently contributed to the Issuer in Cash.

• In addition, any other amounts on deposit in any Contribution Account may be applied to a Permitted Use as directed by the Collateral Manager in its sole discretion.

• Amounts in the Contribution Account shall be invested at the direction of the Issuer (or the Collateral Manager on behalf of the Co-Issuers) in Eligible Investments with stated maturities no later than the Business Day prior to the next Payment Date pursuant to Section 10.6. Any income earned on amounts deposited in the Contribution Account will be deposited in the Interest Collection Subaccount as Interest Proceeds.

More Definitions of Contribution Account

Contribution Account means the account established on behalf of a Participant pursuant to Article IV hereof to which shall be credited his or her Participant Contributions.

Contribution Account. The meaning specified in Section 10.3(e).

Contribution Account means the account established pursuant to Section 10.1(b) and described in Section 10.3(i).

Contribution Account in relation to a Member, means an account with the Scheme into which (a)Mandatory Contributions and Voluntary Contributions (if any) are paid in respect of any current employment or current self- employment of the Member;(b)special contributions (if any) are paid in respect of the Member prescribed in Part IIIA of the Ordinance and ( c) Smart Easy Personal Contributions (if any) are paid in respect of the Member pursuant to Clause 29A;

Contribution Account means a trust account (account number 00000000 at the Account Bank) in the name of the Borrower (which account may have subaccounts to receive collections in currencies other than Dollars).

Contribution Account means a bookkeeping account established for each Participant for the purpose of tracking Contributions made by such Participant during the Offering Period.

Contribution Account means the account established on behalf of a Participant to which shall be credited that Participant’s Contributions.