Account Balance definition

Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of the Participant’s Annual Accounts. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means, on any given day, the gross amount of all Purchased Receivables unpaid on that day.

Examples of Account Balance in a sentence

  • The Parties acknowledge and agree that aggregate information on payment transactions executed on the Account, changes in the Account Balance and any fees and commissions due to the Bank shall be presented to the Account Holder on Account Statements.

  • If a contribution to the Account is returned due to insufficient funds, a $20 fee will be deducted from the Account Balance.

  • A penalty of up to $250 or 100 percent of the Account Balance, whichever is less, will be assessed if the Account is terminated pursuant to paragraphs 10.04 or 10.05.

  • For money that is already in an Account, the allocation of the Account Balance may be modified up to two times per calendar year.

  • Any unclaimed withdrawal or refund for terminated Accounts and any unclaimed Account Balance shall escheat to the Florida Prepaid College Trust Fund seven years after the date the Account was terminated or such amounts became unclaimed, respectively.


More Definitions of Account Balance

Account Balance means the total contributions made by the employee, vested
Account Balance means, in relation to a Relevant Client Clearing Business of a Clearing Member, an Individual Segregated Account Balance, an Indirect Gross Account Balance, a Custodial Segregated Account Balance or an Omnibus Segregated Account Balance"ACSP Compression Cycle"means a Multilateral Compression Cycle established by the Clearing House and facilitated by an ACSP nominated by the Clearing House, which shall be open to participation by SwapClear Clearing Members either on their own account or with respect to a SwapClear Clearing Client in accordance with the provisions of Regulation 56 and relevant Compression Documentation"Account Information Documents"means the documents called "LCH Account Structures under EMIR" and "Fees for EMIR Segregation Accounts", as published by the Clearing House on its website and made available to Clearing Members and Clearing Clients upon request“Affected ForexClear Option Clearing Member”has the meaning assigned to it in Regulation 101"Affiliated Client Omnibus Net Segregated Account"means, in relation to a Relevant Client Clearing Business, an account opened within the Clearing House by a Clearing Member on behalf of a group of Affiliated Omnibus Segregated Clearing Clients which is designated by the Clearing House as an Affiliated Client Omnibus Net Segregated Account"Affiliated Client Omnibus Segregated Account"means, in relation to a Relevant Client Clearing Business, (i) an Affiliated Client Omnibus Net Segregated Account or (ii) an Omnibus Gross Segregated Account opened on behalf of a group of Affiliated Omnibus Segregated Clearing Clients"Affiliated Omnibus Net Segregated Clearing Clients"means Affiliated Omnibus Segregated Clearing Clients in respect of whom the relevant Clearing Member clears Contracts with the Clearing House in an Affiliated Client Omnibus Net Segregated Account
Account Balance means, with respect to a Participant, a credit on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the vested Company Contribution Account balance, (iii) the Company Matching Account balance, (iv) the Stock Option Account balance, (v) the Restricted Stock Account balance, (vi) Performance Share Account balance, (vii) the Dividend Deferral Account balance and (viii) the Rollover Account balance. The Account Balance, and each other specified account balance, shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Account Balance means the fair market value of an account.
Account Balance means at any time the aggregate of the Receivable Amounts of all Financed Receivables at such time, as reflected on the records maintained by Lender.
Account Balance means at any time the aggregate of the Advances outstanding as reflected on the records maintained by Lender, together with any past due Finance Charges thereon.
Account Balance means the Bank’s accounting of Annual Contributions made by the Bank, plus accrued interest.