Sub-Account definition
Sub-Account means any of the individual sub-accounts of a Participant's Account that is maintained as provided in Article VIII.
Sub-Account shall have the meaning provided in Section 2.11(c).
Sub-Account means each portion of an Account designated as such pursuant to this Indenture or the related Indenture Supplement.
Examples of Sub-Account in a sentence
On the Closing Date, the Obligors shall have no obligation to deposit funds into the Qualified New Lease Reserve Sub-Account.
Any funds on deposit in the Liquidity Reserve Sub-Account in excess of the Required Liquidity Deposit Amount on the Closing Date (after giving effect to the delivery of any Liquidity Letters of Credit on the Closing Date) shall be released to the Issuer at the direction of the Issuer.
On the Closing Date, the Obligors shall have no obligation to deposit funds into the Priority Expense Reserve Sub-Account.
On the Closing Date, the Obligors shall have no obligation to deposit funds into the Executed Forward Starting Lease Reserve Sub-Account.
More Definitions of Sub-Account
Sub-Account. A separate division of the Variable Account.
Sub-Account. Variable Account assets are divided into Sub-Accounts. Assets of each Sub-Account will be invested in shares of an Eligible Investment or Fund. In this Contract, "Fund" may also refer to the Sub-Accounts from which the Fund investment is made.
Sub-Account has the meaning specified in the Indenture.
Sub-Account means a separate portion of the Account.
Sub-Account. Separate Account assets are divided into Sub-Accounts which are listed on the Contract Schedule. Assets of each Sub-Account will be invested in shares of an Eligible Fund or a Portfolio of an Eligible Fund.
Sub-Account means each portion of a Bank Account designated as such pursuant to this Indenture, the related Indenture Supplement or the applicable Asset Pool Supplement.
Sub-Account means a national section which is opened within each PEPP account and which corresponds to the legal requirements and conditions for using possible incentives fixed at national level for investing in a PEPP by the Member State of the PEPP saver’s residence; accordingly, an individual may be a PEPP saver or a PEPP beneficiary in each sub-account, depending on the respective legal requirements for the accumulation phase and decumulation phase;