Examples of Memorandum Subaccount in a sentence
Neither the Company nor any Participating Company shall fund its liability for the balances credited to a Memorandum Account or Memorandum Subaccount, but each shall reflect its liability for such balances on its books.
The Utilities will retain the amounts set forth in those Advice Letters to offset their SONGS Litigation Costs, as well as the 5% of the negative balance in the NEIL Outage Memorandum Subaccount pursuant to Section 4.11(c)(ii) of the 2014 Agreement.
The negative balance in the NEIL Memorandum Account will be transferred to the NEIL Outage Memorandum Subaccount and the NEIL Other Recoveries Memorandum Subaccount, reflecting the allocation of SONGS Litigation Recoveries between the NEIL Outage Policy and other recoveries from NEIL.
A separate Memorandum Subaccount for that portion of a Participant’s Memorandum Account that is required to be adjusted for earnings and losses on the basis of an Investment Benchmark that is different from the Investment Benchmark(s) applicable to other portions of the Memorandum Account.
Vehicle-Grid Integration (VGI) Working Group Memorandum SubaccountPURPOSE: The purpose of the VGI Working Group Memorandum Subaccount is to record and track costs associated with hiring a technical facilitator that will organize and facilitate the interagency VGI Working Group.
In the event payment is to be made in installments, each installment shall be equal to the balance credited to the Participant’s Memorandum Account (or, if applicable, Memorandum Subaccount) as of the last business day of the month ending immediately prior to the date on which payment is to be made, divided by the number of installment payments remaining to be paid (including the payment then being computed).
If at any point a Participant becomes a U.S. citizen or resident alien, his or her Employer Contribution Memorandum Subaccount will be reopened (or newly opened) for him or her, and any amounts in his or her Employer Contribution Trust Subaccount will be liquidated and the liquidated amount will be transferred to the University with an amount equal to that liquidated amount to then be recorded and allocated to his or her Employer Contribution Memorandum Subaccount.
If a U.S. citizen or resident alien Participant loses or rescinds his or her U.S. citizenship or resident alien status, any employee contributions made to the Program by that Participant prior to his or her loss of U.S. citizenship or resident alien status and any related earnings on those amounts shall, until distributed, continue to be recorded in and allocated to the Participant’s Memorandum Account and maintained in an Employee Contributions Memorandum Subaccount within such Memorandum Account.
Net Billing Tariff and Subtariffs Memorandum Subaccount (NBT Memo SubAccount) is a memorandum account that records and tracks the incremental costs for implementation of and marketing, education, and outreach for the net billing tariff (the successor to the NEM 2.0 tariff) pursuant to D.22-12-056 as well as data collection, administrative support, and execution of the third-party evaluation as further described in the decision.
The employee contributions previously made under the Plan and related earnings, if any, of any Participant who is a U.S. citizen or resident alien shall be recorded in and allocated to the Participant’s Memorandum Account and maintained in the Participant’s Employee Contribution Memorandum Subaccount as a separate subaccount of such Memorandum Account.