Other Investment Account definition

Other Investment Account means the investment account of a participant that is credited with his share of the net gain (or loss) of the plan, forfeitures, and employer contributions in other than corporate stock and that is debited with payments made to pay for corporate stock.
Other Investment Account means the investment account of a Participant which is credited with his share of the net gain (or loss) of the plan, forfeitures, and Employer contributions in other than company stock and which is debited with payments made to pay for company stock.

Examples of Other Investment Account in a sentence

  • Each Participant in the Plan who has attained age fifty-five (55) and has completed at least ten (10) years of participation in the Plan shall be permitted to elect, as to not more than twenty-five percent (25%) (reduced by amounts previously diversified) of his or her Employer Stock Account, to have Employer Stock in such amount liquated from his or her Employer Stock Account and transferred to his or her Other Investment Account.

  • The Loan Suspense Account, other than dividends used to repay the Acquisition Loan, will be allocated to Participants’ Other Investments Accounts, pro rata, based on their Other Investment Account Balances as of the first day of the Valuation Period; provided, however, that shares of Company Stock allocated pursuant to Section 5.09 of the Plan shall be allocated to the Participants’ Company Stock Account in accordance with the provisions of the Section 5.09 of the Plan.

  • ACCOUNT means, with respect to each Participant, the aggregate value of his or her Employer Stock Account and Other Investment Account.

  • Accordingly, all interest and other earnings attributable to such earmarked investments shall be allocated and credited exclusively to the Other Investment Account of the Participant who has made such election.

  • Distribution of benefits will be made entirely in whole shares of Employer Stock except that the value of any fractional share and any portion of the Participant’s Other Investment Account which has been diversified in accordance with Section 4.3 will be paid in cash.

  • At the election of Participants or their Beneficiaries, paid in accordance with paragraph (1) or (2) above, or paid to the Plan and reinvested in Company Stock; provided, however, that if cash dividends are reinvested in Company Stock, then Company Stock allocated to the Participant's Company Stock Account shall have a fair market value not less than the amount of cash dividends which would have been allocated to such Participant's Other Investment Account for the year.

  • For the purpose of facilitating elective diversification hereunder, the Trustee may make available under the Participant’s Other Investment Account at least three investment vehicle alternatives to the investment of assets of the Trust in qualified employer securities that comply with the requirements of Code Section 401(a)(28) and any applicable Regulation.

  • If a portion of a Participant's Account is forfeited, Company Stock allocated to such account must be forfeited only after the Other Investment Account has been depleted.

  • Within a reasonable period of time after the rebalancing period, the Administrator shall reallocate amounts in a Participant's Employer Stock Account and Other Investment Account so that after the rebalancing, the percentage of the aggregate Accounts, excluding Rollover Accounts, invested in Employer Stock is equal to the percentage amount specified in the Adoption Agreement.

  • Each such Participant shall receive (or have allocated to his Other Investment Account) a fraction of the total cash dividends distributed or allocated.

Related to Other Investment Account

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

  • Other Investments Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund, other than Company Stock.

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

  • Other Investments means assets which are not Direct Investments or Underlying Funds.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

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

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

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Holding Account means an account:

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Note Account As defined in the Indenture.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

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

  • Private Account means the portion of a portfolio of a private client or mutual fund client for which the Adviser serves as investment adviser or subadviser.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Direct Account : means any Account which is not an ISA Account.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

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

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Credit Account is modified to read “Grant Account”.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.