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
Except for IRA Accounts, the Owner(s) of any Sub Account is controlled by the Account Card we accept and maintain for such Sub Account.
Except for IRA Accounts, all Accounts (including Certificate Accounts) opened under the Share Account number will be owned by the same Owner(s), unless other ownership is unequivocally designated on the most recently executed Master Membership Application(s) for a particular Sub Account which is accepted by us.
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;