Suspense Fund definition

Suspense Fund means the Trust Fund established to hold Employer Stock acquired with the proceeds of an Exempt Loan pending the release of such Employer Stock from encumbrance and its allocation among Participants’ Accounts.
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Suspense Fund means the portion (or a portion) of the Stock Fund which reflects the shares of Company Stock not allocated to Participants' Stock Accounts.
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Suspense Fund means the trust fund maintained by the Trustee for the Plan and referred to in Section 10.7.
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Examples of Suspense Fund in a sentence

  • Collections from the tax imposed by this law were remitted to the State Treasurer who deposited all contested payments in an Income Tax Suspense Fund.

  • Ten percent of the remaining collections, or a maximum of $20,000, was also dedicated to the Suspense Fund.

  • Some inactive, nonvested employees who are entitled to a refund are not included in the data, but a liability for their refund is included instead in the Suspense Fund, which is included in the liability.

  • Suspense Fund (0900) - This fund is used to hold money prior to the ultimate disposition of the funds to other governmental entities or the General Revenue Fund.

  • Except as provided in Section 7.6, and except as may be otherwise directed by the Committee, all dividends and other earnings of the Fund shall be deposited by the Trustee in the separate fund for which the income was received; provided, however, that any dividends and other earnings of the Suspense Fund shall be used by the Trustee to repay any loan for which the Shares in the Suspense Fund are held as collateral.

  • The viewing angle of the camera is calculated analytically to point at a fixed point on the table, and then offset by up to 01 radians in each direction.

  • The Permanent Retirement Fund shall consist of the accumulated gifts, awards, and bequests made to the retirement system, and transfers from the Suspense Fund, the principal of which is hereby held and dedicated as a perpetual endowment of the retirement system and shall not be diverted or appropriated to any other cause or purpose unless specifically provided for in such gifts, awards or bequests.

  • Funds received in exchange for tendered shares will be credited to the Goodyear Stock Fund account of the person with respect to whom such shares of Company Stock were tendered or the Suspense Fund from which such shares of Company Stock were tendered and will be used by the Trustee to purchase Company Stock, as soon as practicable.

  • Authority: T.C.A. §§ 4-5-202, 4-5-204, 68-11-202, 68-11-204, 68-11-209, 68-11-224, and 68-11-1805.Administrative History: Original rule filed February 16, 2007; effective May 2, 2007.

  • The Suspense Fund shall be comprised of amounts transferred to the fund as provided in this section and Section 17-105 of this title and obligations of the retirement system to any member or person which cannot be legally discharged.

Related to Suspense Fund

  • Suspense Account means the account established by the Trustee for maintaining contributions and forfeitures which have not yet been allocated to Participants.

  • Expense Fund has the meaning set forth in Section 9.14(f).

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Cash is defined in Section 4.1(a).

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Member Account means the regular account and the variable account.

  • Expense Account has the meaning given to such term in Section 3.01(a) hereof.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Indemnity Escrow Amount means $3,000,000.

  • Settlement Funds means the amount of funds in the Qualified Settlement Fund.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

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

  • Exchange Fund shall have the meaning set forth in Section 3.2(a).

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Certificate Account The account maintained by the Trustee in accordance with the provisions of Section 4.04.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Escrow Paying Agent Means the Person acting as paying agent under the Escrow Agreement.

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).