Unallocated Account definition

Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.
Unallocated Account means the account maintained by us in your name on an Unallocated Basis pursuant to this agreement.
Unallocated Account means the sub-account maintained by us in your name recording the amount of Gold which either we or you, as the case may be, have a right to call upon the other party to deliver to it.

Examples of Unallocated Account in a sentence

  • Such expenses shall be charged to the Trust and paid first out of the dividends paid on Company Stock held in the Unallocated Account and then from Employer Contributions prior to allocation under Section 3.7, unless the Employers pay such expenses directly.

  • Cash dividends received with respect to shares of Company Stock held in the Unallocated Account and cash proceeds from the sale of rights or warrants received with respect to such Company Stock shall be reinvested in Company Stock and allocated under Section 3.7, to the extent not used to pay expenses of the Plan.

  • Any stock dividends or “split-ups” (and any rights or warrants unless sooner sold) appertaining to shares of Company Stock held in the Unallocated Account will be held in the Unallocated Account until the end of the Plan Year and allocated under Section 3.7. 5.9. Investment Options for Former M & R Employees.


More Definitions of Unallocated Account

Unallocated Account means, in relation to Precious Metal, the account maintained by us in your name recording the amount of Precious Metal held on an Unallocated Basis pursuant to this Agreement that, in the case of a positive balance, we have a contractual obligation to transfer to you and that, in the case of a negative balance, if so permitted by us, you have a contractual obligation to transfer to us.
Unallocated Account means the loco London unallocated Bullion account, number 00160, or the loco Zurich unallocated Bullion account, number 00158, each established in the name of the Trustee, with the Custodian pursuant to this Agreement on an Unallocated Basis;
Unallocated Account means the account maintained by us in your name on an Unallocated Basis pursuant to the Unallocated Bullion Account Agreement.
Unallocated Account means the unallocated Bullion account number [ ] established in the name of the Trustee with the Custodian pursuant to the Unallocated Account Agreement;
Unallocated Account means the loco London unallocated Bullion account, number [ ], or the loco Zurich unallocated Bullion account, number [ ], each established in the name of the Trustee, with the Custodian pursuant to this Agreement on an Unallocated Basis;
Unallocated Account means the unallocated Bullion account numbers 47403 UA for gold, 14535 UA for silver, 30581 UA for platinum and 20556 UA for palladium opened in the name of the Trustee with the Custodian pursuant to the Unallocated Accounts Agreement;
Unallocated Account means, in respect of a Series of Securities, the Unallocated Account (Custodian) and each Unallocated Account (Sub-Custodian) (if any) in respect of such Series.