Internal Accounts definition

Internal Accounts shall have the meaning set forth in Section 6.2(b) hereof.
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Internal Accounts is all of the accounts on the banks records that are in General Ledger Account # ▇▇▇▇▇▇▇. These accounts are primarily subsidiary accounts and other internal accounts. The balances that are in this GL# 2111000 will not be subject to a deposit premium. Integra Bank did have Internal Accounts in General Ledger Account #▇▇▇▇▇▇▇ as identified above as of the download date. These are shown if any existed per the attached “Schedule 7 Exhibit B”. This list will be updated post closing (if any exist) with balances as of Bank Closing date. This schedule provides a snapshot of account categories and balances as of 4/20/11. The deposit franchise bid premium will be calculated using account categories and balances as of Bank Closing Date that are reflected in the general ledger or subsystem as described above. The final numbers for Schedule 7 will be provided post closing. Module 1 — Whole Bank w/ Optional Shared Loss Agreements Version 3.1.1 — Purchase and Assumption Agreement July 26, 2011 Integra Bank Evansville, IN Money Desk Deposits by Subscription service deposits as of 4-18-11
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Examples of Internal Accounts in a sentence

  • Specialized section of a division (i.e., Property Accounting, Finance, Payroll, School Lunch, Internal Accounts, Purchasing).

  • For information regarding inactive Internal Accounts and unclaimed commissions, performance bonuses and credits, refer to Section 12g.

  • The Payment Processor will set up an account (an “Internal Account”) for Representatives and deposit monies owed to Representatives into their Internal Accounts.

  • The Steering Committee will be responsible for approving the P/L Account based on the approved Internal Accounts of each party and the invoices of Net Sales submitted by PMC.

  • There is no fee for making Transfers from or into your Internal Accounts at the Bank.

  • Schools who wish to fundraise by publishing digital photos or videos to external commercial websites for sale must comply with the following procedures:  All receipts received shall be accounted for in the school’s Internal Accounts.

  • Delivery of counterparts may be accomplished by facsimile transmission or electronic document.

  • If a party objects to any changes to its Internal Accounts proposed by the Steering Committee, the matter shall be submitted to the Executive Officers pursuant to Section 5.3 and, if necessary, Section 5.4.

  • The stock has an ordinary rate of turnover and size and all goods in the stock can as a minimum be traded at the value at which they have been booked in the Company's Internal Accounts for the period 1 July 1999 through 31 January 2000 which have been furnished to Buyer.

  • Unit prices for Our Internal Accounts take into account internal and ex- ternal charges for management of the Internal Account.

Related to Internal Accounts

  • External Account is your account at another financial institution (i) to which you are transferring funds from your Eligible Transaction Account; or (ii) from which you are transferring funds to your Eligible Transaction Account.

  • Internal appeal means an internal appeal to the relevant authority in terms of section 74;

  • Internal Auditor means the person employed or engaged by the Corporation to perform the internal audit function of the Corporation;

  • Internal audit means an independent appraisal activity within an agency for the review of operations as a service to management, including a systematic examination of accounting and fiscal controls to assure that human and material resources are guarded against waste, loss, or misuse; and that reliable data are gathered, maintained, and fairly disclosed in a written report of the audit findings.

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;