Subaccounts definition

Subaccounts is defined in Section 8.02(a) of the Indenture.
Subaccounts has the meaning set forth in Section 2.7.1(e).
Subaccounts means the subaccount(s) established within a Participant’s Account with respect to the various types of Deferrals and Company contributions made under the Plan.

Examples of Subaccounts in a sentence

  • Subaccounts under main account may be opened in order to trade through the Trading Desk at the Financial Institution (Offline) or directly electronically (Online) through specific electronic platforms at the request of the Clients and after the approval of the Financial Institution.

  • See your Contract or certificate for any state specific variations; • There are certain restrictions on transfers from the Subaccounts; • The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and • The Contract is not designed to serve as a vehicle for frequent transfers.

  • Additionally, the withdrawal amount will be taken from the Subaccounts proportionately, unless you designate otherwise.

  • For administrative purposes, the Subaccounts may be established by the Securities Intermediary as separate accounts.

  • Thereafter, more than 25 investment options can be selected at any one time; • Some Subaccounts may not be available through the Contract, your plan or in some states.


More Definitions of Subaccounts

Subaccounts. Any one of the Subaccounts created pursuant to Section 5.03(a)(i) hereof.
Subaccounts. The Variable Account may have multiple Subaccounts. We list them on the Policy Data Page. You determine, using Fund or Managed Account Option allocation factors, expressed as percentages, how Net Premiums will be allocated among the Subaccounts. You may choose to allocate nothing to a particular Subaccount. Any allocation you make must be at least 1%; you may not choose a fractional percent. The sum of the Fund and Managed Account Option allocation factors, together with your Fixed Account allocating must equal 100%. In states that require a full refund of premiums during the "Right to Examine Policy" period, Net Premiums will be allocated to a Subaccount that invest in a money market Fund or to a Fixed Account. The day following the end of this period, the Cash Value in that Subaccount will be transferred to the variable Subaccounts according to your chosen Fund allocation factors. Also, any subsequent Net Premiums will be allocated according to your chosen factors. Fund allocation factors during and immediately after the "Right to Examine Policy" period, are shown on the Policy Data Page. After the "Right to Examine Policy" period has expired, you may transfer amounts among the Subaccounts. Transfers will take effect on the date your written request is received at our Home Office, subject to any restrictions imposed by a Fund. You may change the allocation for future Net Premiums at any time while your policy is in force. To do so, you must notify us in writing in a form that meets our approval. The change will take effect on the date we receive your written request at our Home Office. Income and realized and unrealized gains and losses from assets in each Subaccount are credited to, or charged against, the Subaccount. This is without regard to income, gains, or losses in our other Subaccounts, separate investment accounts, or our General Account.
Subaccounts. The portion of the assets of the Separate Account that is allocated to a particular Fund. Each Subaccount invests in the shares of only one corresponding Fund.
Subaccounts. Current subaccounts are shown in the Contract Schedule. We reserve the right to limit the number of subaccounts in which you may invest to the number shown in the Contract Schedule.
Subaccounts shall have the meaning set forth in Section 2.7.2 hereof.
Subaccounts shall have the meaning set forth in Section 2.7.2(a) hereof.
Subaccounts means the CDP Subaccounts established under Section 6.5(a), the Company-matching Subaccount, the KEDCP Subaccounts established under Section 6.5(b) and the Spectra Energy Common Stock - Stock Deferrals Subaccount established under Section 6.4.