Death of the Account Owner definition

Death of the Account Owner means the death of the sole Account Owner or the death of the last survivor of multiple Account Owners.
Sample 1

Examples of Death of the Account Owner in a sentence

  • The allocation of assets among the Primary Beneficiaries and Contingent entities designated to receive the Eligible Securities in the TOD Account Beneficiaries shall be governed by the terms of the TOD Account upon the Death of the Account Owner or the last to die of all multiple Agreement, as supplemented by the terms and definitions set forth in this Account Owners.

  • If a Beneficiary has reached the legal age of majority at the Death of the Account Owner, that Beneficiary's share of the Account shall pass to him or her outright.

  • Death of the Account Owner shall not have influence on interest on the deposit and charging of related Charges.

  • At the Death of the Account Owner, all of the eligible funds and assets in the Account shall be transferred to the Beneficiaries.

  • Each surviving child shall receive one share and the share of each deceased child shall be divided among that child’s descendants in the same manner.designation, effective upon the Death of the Account Owner, by specifically describing the revocation in such Account Owner’s valid Last Will and Testament.

  • This termination provision shall apply to Accounts which have multiple Account Owners, if any of the Account Owners changes his or her residence to a state which has not adopted the Uniform Transfer On Death Act.Upon termination of this Agreement, the Firm shall be under no duty or obligation to take instructions with respect to the Account upon the Death of the Account Owner, except instructions from a legal representative of the Account Owner's estate.

  • This Agreement revokes any prior agreement relating to the eligible funds, securities and assets held in the Account and may be revoked or changed by the Account Owner any time prior to the Death of the Account Owner by executing a new TOD Agreement or a written and notarized revocation of this TOD Agreement, which shall be delivered to the Firm.

  • Upon the Death of the Account Owner, the Firm may liquidate and transfer the proceeds of any eligible securities or assets in the Account that cannot be divided into amounts which may be properly trans ferred or it may divide or liquidate fractional shares in any manner it deems appropriate so as to best conform with the percentages set forth in the “Beneficiary Designations” section of this Agreement.

  • Proof of Death of the Account Owner or all Account Owners in the case of a joint account.

  • U.S. Bancorp InvestmentsU.S. Bancorp Investments must receive the following: shall have no liability to any Beneficiary for any loss that may occur in the TODa. Proof of Death of the Account Owner or all Account Owners in the case of a joint account.

Related to Death of the Account Owner

  • the Account means the electronic online trading account opened for the Customer with the Company on which trading is made through the Portal of Boubyan Investment Company. تنترنلإا برـع نيوتركللإا لوادـتلا باـسح هب دصقُي :باـسحلا وأ لوادتلا باـسح •عـقولما برـع هـيلع لوادـتلا يرـجيو ةـكشرلا ىدـل لـيمعلل هـحتف مـتي يذـلاو .رماثتـسلال ناـيبوب ةـكشرل نيوترـكللإا • The “Portal” shall mean the website created by the Company on the Internet, which includes the services provided by the Company and can be accessed through Boubyan Bank’s website or Boubyan Capital’s website on the Internet for carrying out trading operations. نيوترـكللإا عـقولما اـهب دـصقُي :ةـينوتركللإا ةـحفصلا :ةـينوتركللإا ةـحفصلا • يـتلا تاـمدخلا نـمضتي يذـلاو ،تـنترنلإا ةكبـش ىـع ةـكشرلا هـتدعأ يذـلا عقوم وأ ناـيبوب كـنب عـقوم للاـخ نـم هـيلإ لوـصولا نـكيمو ةـكشرلا اـهمدقت .لوادـتلا تاـيلمعب ماـيقلل تـنترنلإا ىـع رماثتـسلال لاـتيباك ناـيبوب ةـكشر

  • Indirect Depository Participant An institution that is not a Depository Participant but clears through or maintains a custodial relationship with Participants and has access to the Depository's clearing system.

  • Personal Account means any account owned by, or in the name of, an OppenheimerFunds Employee or Access Person in which Securities may be held or any such account in which an Employee (including an Access or Investment Person) has a Beneficial Interest.

  • Dealing on own account means trading against proprietary capital resulting in the conclusion of transactions in one or more financial instruments;

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Personal vehicle means a vehicle that is:

  • Account Owner means a telecommunications company, including SBC-13STATE, that stores and/or administers Line Record Information and/or Group Record Information in a Party’s LIDB and/or Calling Name Database.

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Initial Authorised Participant means BNP Paribas Arbitrage S.N.C. and any successor thereto.

  • the transfer date means 1 September 1989;

  • Guaranteed Investment Contract With respect to any Series (or Class within such Series), a guaranteed investment contract or surety bond provided for in the related Series Supplement, Granted as part of the Trust or to the Trustee for the benefit of the Certificateholders for such Series, providing for the investment of funds in a related Account or related Accounts and insuring a minimum or a fixed rate of return on the investment of such funds, which contract or surety bond shall be an obligation of an insurance company or other entity whose rating is no lower than the rating on the Underlying Securities and shall satisfy any other requirements specified in such Series Supplement.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Mortgagor Accounts As defined in Section 3.07(a) of this Agreement.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Transfer Date means, in relation to a transfer, the later of:

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this Agreement.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Indirect Owner means, in the case of a Protected Partner that is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such Protected Partner, and in the case of any Indirect Owner that itself is an entity that is classified as a partnership, disregarded entity or subchapter S corporation for federal income tax purposes, any person owning an equity interest in such entity.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.