Savings Plus Investment Account definition

Savings Plus Investment Account means that portion of the Trust Fund which, with respect to a Member, is attributable to Savings Plus Contributions and any investment earnings and gains or losses thereon. In the case of a Member who was a participant in the IDV Plan on December 31, 1998, the opening balance of the Savings Plus Investment Account on January 1, 1999 shall equal the amount credited to such Member’s Savings Plus Investment Account as of the close of December 31, 1998. In the case of a Member who was a participant in the Guinness Plan on December 31, 1998, the opening balance on January 1, 1999 shall equal the amount credited to such Member’s “Participant 401(k) Contribution Account” under the Guinness Plan as of the close of December 31, 1998. In the case of a Member who was a participant in the Seagram Plan as of the Closing, the Saving Plus Investment Account shall include a sub-account to which shall be credited funds transferred to the Plan from the Seagram Plan that are attributable to his or her “Pre-Tax Contributions Account” under the Seagram Plan, as adjusted for investment earnings or losses.
Sample 1

Examples of Savings Plus Investment Account in a sentence

  • No withdrawal shall be permitted under this Section 6.8 from the portion of a Member’s Savings Plus Investment Account invested in a loan under Section 13.

Related to Savings Plus Investment Account

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

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

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

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

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

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

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

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

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • 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.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

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

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Holding Account means an account:

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

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).