Dividend Reinvestment Account definition

Dividend Reinvestment Account means that portion of the Trust assets valued pursuant to Section 7.02 attributable to dividends on the investment of the Member's Company Matching Account in the ESOP Entergy Corporation Stock Fund which are reinvested into Entergy Corporation Stock pursuant to Section 9.10.
Dividend Reinvestment Account means a bookkeeping account established and maintained for a Participant pursuant to Sections 3.02(a) and 3.02(b)(2).
Dividend Reinvestment Account means the separate Sub-Account established for each Participant that reflects his share of the Trust attributable to dividends paid on Employer Stock that have been reinvested in Employer Stock. Each Participant’s Dividend Reinvestment Account shall be 100% vested and non-forfeitable.

Examples of Dividend Reinvestment Account in a sentence

  • Notwithstanding any contrary provision of this Plan, a Participant shall always be 100% vested in his or her Dividend Reinvestment Account without regard to the vested percentage of underlying stock.

  • In the event a Participant does not complete an election (a “Dividend Payment Election”) to have his or her Cash Dividends distributed outside the Plan, the Cash Dividends allocated to Company Stock held in his or her Account shall be automatically paid to the Plan, allocated to the Dividend Reinvestment Account and reinvested in Company Stock.

  • Upon receipt of a request in such form and manner as the Committee shall prescribe, a Member who is an Employee age 59-1/2 or over may make a withdrawal of all or a portion of the value of his Employee After-Tax Account, Dividend Reinvestment Account, Rollover Account, Deferral Account and Company Matching Account in which he is vested, except as otherwise provided in Section 8.02(g), in accordance with Sections 8.06, 8.07, 8.08 and 8.09.

  • Loan amounts will be taken first from the Participant's vested portion of his Company Matching Account, then from the Deferral Account, then from the Rollover Account, then from the Employee After-Tax Account, and then from the Dividend Reinvestment Account .

  • Cash dividends on Company Stock allocated to a Participant’s Company Stock Funds shall be credited to the Participant’s Dividend Reinvestment Account, to the extent the Cash Dividends are not distributed directly to the Participant outside of the Plan pursuant to a Dividend Payment Election under Section 15.03.

  • Amounts transferred from the Sky ESOP pursuant to this Section from a Participant’s “Dividend Reinvestment Account” under the Sky ESOP shall be held and invested in the Participant’s Dividend Reinvestment Account under this Plan.

  • The "ESOP Dividend Reinvestment Account" of a Participant shall mean a Participant's individual account in the Trust Fund in which is held his or her allocated share of Company Stock and cash, as determined pursuant to subsection 4.7(e)(vii) below, attributable to ESOP Dividends for which such Participant made a Reinvestment Election.

  • An Employee who is an active Participant in this Plan shall be fully vested at all times in his interest in his Employee After-Tax Account, Deferral Account, Defined Company Contribution Account, Dividend Reinvestment Account and Rollover Account.

  • Account” or “Accounts” means the record of a Participant’s interest in the Trust Fund, including, where applicable, the Participant’s Profit Sharing Contributions Account, 401(k) Contributions Account, Matching Contributions Account, Safe Harbor Matching Contributions Account, Prior Plan Account, Rollover Contributions Account, Frozen Plan Account, Dividend Reinvestment Account and ESOP Account.

  • You should make your share election for shares held in your Dividend Reinvestment Account or another plan account maintained for you by Compass’ transfer agent, Continental Stock Transfer and Trust Company, by completing the Form of Election and returning it to the Exchange Agent.

Related to Dividend Reinvestment Account

  • Dividend Reinvestment Plan means a regular dividend reinvestment or other plan of the Corporation made available by the Corporation to holders of its securities where such plan permits the holder to direct that some or all of:

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares pursuant to a Dividend Reinvestment Plan;

  • Reinvestment Plan means the distribution reinvestment plan for the ETFs, as described under the heading “Distribution Policy – Distribution Reinvestment Plan”;

  • Investment Account As defined in Section 3.12(a).

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.09(b) as a result of the delivery of a Reinvestment Notice.

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

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • 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.

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

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

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

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

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Deferred Amount With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.

  • General Account consists of all our assets other than those held in any separate investment accounts.