Directed Account Sample Clauses

Directed Account. The Plan assets under a Trust which are held for the benefit of a specific Participant. See Section 13.4(b).
AutoNDA by SimpleDocs
Directed Account. USBNA (or USBTNA) (i) has no discretion to invest Account assets (such as discretion to select the Sweep Vehicle; determine whether, or what amount of, Account assets will be used to purchase a position in the Sweep Vehicle; or redeem Sweep Vehicle shares) and (ii) does not render investment advice with respect to Account assets. Nor will USBNA’s (or USBTNA’s) power to advance funds in furtherance of settlement, whether exercised or not, be deemed to be such discretion or advice.
Directed Account. An Account for which the Participant directs the investment of assets.
Directed Account. The portion of a Participant’s interest in the Plan with respect to which the Participant has directed the investment in accordance with the Plan’s Participant investment direction procedures.
Directed Account. 8 1.30 Disability..............................................................8 1.31
Directed Account. 8 1.30 Disability. . . . . . . . . . . . . . . . . . . . . . . . 8 1.31

Related to Directed Account

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • Collection Account (a) On the Closing Date, the Master Servicer shall open and shall thereafter maintain a segregated account held in trust (the “Collection Account”), entitled “Collection Account, Aurora Loan Services Inc., as Master Servicer, in trust for the benefit of the Holders of Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2002-BC1”. The Collection Account shall relate solely to the Certificates issued by the Trust Fund hereunder, and funds in such Collection Account shall not be commingled with any other monies.

Time is Money Join Law Insider Premium to draft better contracts faster.