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.