Personal Reserve definition

Personal Reserve means a type of borrowing that we can provide in addition to or instead of an overdraft where we make additional Cash Available to you up to a pre-authorised limit to cover payments, for example, when there is insufficient cash in your current Account, or a transaction will cause you to exceed your overdraft limit.
Sample 1Sample 2Sample 3
Personal Reserve means a type of borrowing that we can provide in addition to or instead of an overdraft where we make additional Funds Available to you up to a pre-authorised limit to cover payments, for example, when there are insufficient funds in your current Account, or a transaction will cause you to exceed your overdraft limit.
Sample 1Sample 2
Personal Reserve means the amount of countable assets held by an individual or household while establishing or maintaining eligibility for medical assistance.
Sample 1Sample 2Sample 3

Examples of Personal Reserve in a sentence

  • If a Personal Reserve or Emergency Borrowing facility is available on a Bank Account, you can have an arranged overdraft with or without a Personal Reserve or Emergency Borrowing.

  • If a Personal Reserve or Emergency Borrowing facility is available on an Account, you can have an overdraft with or without a Personal Reserve or Emergency Borrowing.

  • We do not have to agree an overdraft or Personal Reserve but, if we do, we will tell you the limits, interest rates and charges (including arrangement fees) that apply and we will confirm these details to you in writing.

  • If you have a BankNewport Personal Reserve Credit line, you will be assessed a finance charge on any cash advance made on your credit line as provided in your Personal Reserve Credit Note that you signed when you opened your Personal Reserve Credit.

  • But for the depreciation recapture rules to truly work, they must tax the recaptured amount at “ordinary” income tax rates (with a top rate of 39.6 percent) if the deductions that are being recaptured were themselves taken against income that was taxed at ordinary rates.

  • A Name's Funds at Lloyd's typically comprise a Deposit held by the Corporation of Lloyd's (the administrative arm of Lloyd's), the Special Reserve Fund and the Personal Reserve Fund.

  • If a Personal Reserve is available on an Account, you can have an overdraft with or without a Personal Reserve.

  • Borrowing on your Account 1.1 If you think that you may occasionally need to borrow on your personal current Account, you must ask whether we can set up an overdraft and/or, on certain Accounts, a Personal Reserve.

  • That is, the Lloyd's deposit and Personal Reserve Funds (also know as Ancillary Trust Funds) or Special Reserve Fund.

  • In 2008 we introduced new current account products with a Personal Reserve in response to customer needs for certainty, simplicity and transparency.

Related to Personal Reserve

  • Mineral Reserve means the economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allowances for losses that may occur when the material is mined.

  • Initial Reserve Account Deposit means $3,000,000.

  • Legal Reservations means the application of relevant Debtor Relief Laws, general principles of equity and/or principles of good faith and fair dealing.

  • NY Federal Reserve means the Federal Reserve Bank of New York.

  • In-situ conservation means the conservation of ecosystems and natural habitats and the maintenance and recovery of viable populations of species in their natural surroundings and, in the case of domesticated or cultivated species, in the surroundings where they have developed their distinctive properties.

  • General Account consists of all our assets other than those held in any separate investment accounts.

  • Federal Reserve means the Board of Governors of the Federal Reserve System.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Federal Reserve Act means the Federal Reserve Act, as amended.

  • NY Federal Reserve’s Website means the website of the NY Federal Reserve, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor website of the NY Federal Reserve or the website of any successor administrator of the Secured Overnight Financing Rate.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Federal Reserve Board means the Board of Governors of the Federal Reserve System.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Principal Reserve Fund The separate Eligible Account created and initially maintained by the Trustee pursuant to Section 3.08 in the name of the Trustee for the benefit of the Certificateholders and designated "The Bank of New York in trust for registered Holders of CWABS, Inc., Asset-Backed Certificates, Series 2006-22". Funds in the Principal Reserve Fund shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement.

  • Public Service Act ’ means the Public Service Act, 1994 (Proclamation No. 103 of 1994);

  • Ex-situ conservation means the conservation of components of biological diversity outside their natural habitats.

  • Capital Reserve means, as of any date of determination, an amount equal to the product of (i) $0.25 multiplied by (ii) the square footage of all Real Properties on such date.

  • Initial Reserve Account Deposit Amount means an amount equal to $29,411,740.05.

  • Insurance Act means the Insurance Act, 1938;

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Water conservation means the preservation and careful management of water resources.

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.