Nominal Account Value definition

Nominal Account Value means the net assets and notional equity in and committed to an account, a Series, or a Member of a Series (that is, total assets, plus notional equity, plus interest income paid and accrued, plus unrealized profits and losses on open positions, minus total liabilities and accrued brokerage commissions).
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Related to Nominal Account Value

  • Account Value means the amount shown on Schedule A under the heading Account Value. The parties expressly acknowledge that the Account Value may be different than the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s obligation to the Executive under this Agreement. The Account Value on any date other than the end of a Plan Year shall be determined by adding the prorated increase attributable for the current Plan Year to the Account Value for the previous Plan Year.

  • Additional Account means each New Account and each Aggregate Addition Account.

  • Additional Accounts shall have the meaning specified in subsection 2.06(a).

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

  • 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.